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Lake Resources N.L.
(Sydney:LKE)
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Rating:44Neutral
Price Target:
AU$0.04
â–¼(-18.00% Downside)
Action:Reiterated
Date:09/30/26
The score is held down primarily by weak financial performance (recurring losses, revenue dropping to zero in the latest year, and ongoing cash burn). Technicals add mild downside bias with a longer-term downtrend and negative MACD, while valuation is difficult to support due to a loss-making profile and no dividend yield data.
Positive Factors
Low leverage
Very low leverage reduces refinancing pressure and preserves financial flexibility while Lake Resources advances its projects. A conservative capital structure can help the company manage development uncertainty and retain more options for future funding and investment decisions.
Negative Factors
Persistent losses
Recurring net and operating losses show that Lake Resources has not yet established a profitable operating model. Continued losses can consume capital, limit internally funded growth, and make progress toward commercial-scale lithium production more dependent on external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Very low leverage reduces refinancing pressure and preserves financial flexibility while Lake Resources advances its projects. A conservative capital structure can help the company manage development uncertainty and retain more options for future funding and investment decisions.
Read all positive factors
Lake Resources N.L. (LKE) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$97.71M
Dividend YieldN/A
Average Volume (3M)5.66M
Price to Earnings (P/E)―
Beta (1Y)1.80
Revenue GrowthN/A
EPS Growth6.19%
CountryAU
Employees30,000
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding2,482,670,200
10 Day Avg. Volume6,361,903
30 Day Avg. Volume5,658,215
Financial Highlights & Ratios
PEG Ratio0.65
Price to Book (P/B)0.69
Price to Sales (P/S)0.00
P/FCF Ratio-5.42
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Lake Resources N.L. Business Overview & Revenue Model
Company Description
Lake Resources NL is an Australian company, founded in 1997 and headquartered in Sydney, that specializes in identifying and progressing lithium brine deposits throughout Argentina. Its leading asset is the entirely-owned Kachi lithium brine proje...
How the Company Makes Money
null...
Lake Resources N.L. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 5.68M | 21.84M | 43.70M | 9.36M |
| Gross Profit | -646.47K | 5.68M | 21.84M | 43.49M | 9.36M |
| EBITDA | -23.30M | -21.33M | -29.16M | -46.40M | -4.94M |
| Net Income | -23.49M | -19.55M | -52.46M | -45.75M | -5.68M |
Balance Sheet | |||||
| Total Assets | 150.92M | 162.98M | 177.63M | 193.42M | 223.89M |
| Cash, Cash Equivalents and Short-Term Investments | 6.67M | 12.37M | 22.90M | 89.22M | 175.44M |
| Total Debt | 497.38K | 1.52M | 2.38M | 1.67M | 277.86K |
| Total Liabilities | 14.32M | 18.54M | 23.06M | 17.09M | 5.05M |
| Stockholders Equity | 137.75M | 144.03M | 153.15M | 171.25M | 218.83M |
Cash Flow | |||||
| Free Cash Flow | -17.57M | -30.89M | -79.72M | -95.49M | -32.89M |
| Operating Cash Flow | -17.47M | -25.77M | -39.80M | -27.73M | -8.68M |
| Investing Cash Flow | -3.21M | 10.79M | -18.00M | -24.06M | -25.37M |
| Financing Cash Flow | 14.04M | 3.84M | 14.03M | 1.77M | 183.83M |
Lake Resources N.L. Technical Analysis
Negative
0.05
Price Trends
0.04
Negative
0.05
Negative
0.07
Negative
Market Momentum
>-0.01
Negative
43.71
Neutral
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:LKE, the sentiment is Negative. The current price of 0.05 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.71 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:LKE.
Lake Resources N.L. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | AU$94.16M | -5.81 | -94.93% | ― | ― | -1766.67% | |
49 Neutral | AU$280.27M | -38.85 | -4.08% | ― | ― | -76.87% | |
49 Neutral | AU$32.77M | -6.80 | -19.15% | ― | ― | -11.36% | |
45 Neutral | AU$23.21M | -2.86 | -43.52% | 26.19% | ― | 76.51% | |
44 Neutral | AU$97.71M | -3.64 | -16.39% | ― | ― | 6.19% | |
42 Neutral | AU$33.60M | -3.50 | -12.51% | ― | ― | -59.40% |
* General Sector Average
AU:LKE
Lake Resources N.L.
0.04
<0.01
25.00%
AU:NMT
Neometals Ltd
0.03
-0.04
-59.38%
AU:GL1
Global Lithium Resources Ltd.
1.01
0.67
197.06%
AU:LEL
Lithium Energy Ltd.
0.30
-0.07
-18.92%
AU:OCN
Oceana Lithium Ltd.
0.39
0.21
116.67%
AU:PL3
Patagonia Lithium Limited
0.10
0.05
96.08%
Lake Resources N.L. Corporate Events
Lake Resources Raises Equity as Kachi Project Nears Key Environmental Approval
Sep 25, 2026
Lake Resources N.L. has issued 67,500,000 fully paid ordinary shares to Acuity Capital under its at-the-market subscription facility, priced at A$0.0445 per share, with an Appendix 2A lodged to facilitate quotation of the new securities. The compa...
Lake Resources Seeks ASX Quotation for 67.5 Million New Shares
Sep 25, 2026
Lake Resources N.L. has applied for quotation of 67,500,000 new ordinary fully paid shares on the ASX under its existing LKE ticker, with an issue date of 25 September 2026. The application, lodged as a new announcement under Appendix 2A of the AS...
Lake Resources Sets 2026 AGM Date and Opens Director Nominations
Sep 24, 2026
Lake Resources N.L., a responsible lithium developer leveraging ion exchange technology at its Kachi Project in Argentina’s Lithium Triangle, aims to supply high-purity, sustainably sourced lithium to meet rising demand from the battery mate...
Lake Resources Raises A$3 Million to Advance Kachi Lithium Project
Sep 24, 2026
Lake Resources has raised A$3.0 million through its at-the-market subscription agreement with Acuity Capital, issuing 67.5 million new shares at A$0.0445 each, a 4.6% premium to the recent 15-day VWAP. The fresh capital will fund operating and cor...
Lake Resources Plans Major Share Placement on ASX
Sep 24, 2026
Lake Resources N.L. has notified the Australian Securities Exchange of a proposed placement of up to 67,500,000 ordinary fully paid shares, with the new securities to be issued on 25 September 2026. The placement signals a move to raise additional...
Lake Resources Files Updated Corporate Governance Statement with ASX
Sep 23, 2026
Lake Resources N.L. has lodged its corporate governance statement for the financial year ended 30 June 2026 as part of its annual report, confirming that the statement is current as of 23 September 2026 and approved by the board. The disclosure in...
S&P Dow Jones Sets September Rebalance for Key S&P/ASX Indices
Sep 4, 2026
SP Dow Jones Indices has announced the September 2026 quarterly rebalance of the SP/ASX indices, which will take effect before the open of trading on September 21. The reshuffle reflects changes in market capitalisation and liquidity across major ...
Lake Resources raises equity via ATM facility and discloses threatened class action
Aug 13, 2026
Lake Resources has issued a total of 90 million new fully paid ordinary shares to Acuity Capital Investment Management under its at-the-market subscription facility, at issue prices of A$0.05980 and A$0.0415 per share. The new equity bolsters the ...
Lake Resources Seeks ASX Quotation for 26.5 Million New Shares
Aug 13, 2026
Lake Resources N.L., an ASX-listed resources company, has moved to quote an additional 26.5 million fully paid ordinary shares on the Australian Securities Exchange under the ticker LKE. The newly issued securities form part of previously announce...
Lake Resources Corrects Share Issue Price in Updated Appendix 3B
Aug 13, 2026
Lake Resources N.L. has lodged an updated notice of a proposed securities issue with the ASX, correcting the previously stated share issue price in its Appendix 3B filing. The update relates to a placement or similar equity raising and supersedes ...
Lake Resources Nears Final Environmental Approval for Kachi Lithium Project in Catamarca
Aug 2, 2026
The Catamarca Ministry of Mining has officially launched the public consultation phase for Lake Resources’ flagship Kachi Lithium Brine Project, marking the final administrative step in the environmental approvals process before an Environme...
Lake Resources posts higher cash burn as exploration and corporate costs weigh on June quarter
Jul 28, 2026
Lake Resources reported a net cash outflow of A$3.2 million from operating activities in the June 2026 quarter, driven mainly by administration and corporate costs, bringing the year-to-date operating outflow to A$17.5 million. The company also re...
Lake Resources Raises A$3.8 Million to Advance Kachi Lithium Project
Jul 27, 2026
Lake Resources N.L. has raised A$3.8 million through its At‑the‑Market Subscription Agreement with Acuity Capital, agreeing to issue 63.5 million new shares at A$0.06 per share, a premium to the recent 15‑day volume‑weighte...
Lake Resources Plans Equity Placement of 63.5 Million Shares
Jul 26, 2026
Lake Resources N.L. has notified the ASX of a proposed equity placement involving up to 63.5 million ordinary fully paid shares, to be issued on 30 September 2026. The new securities will be quoted under the existing LKE ticker, with the issue con...
Lake Resources Elevates Hydrogeologist Michael Gabora to Competent Person for Kachi Lithium Project
Jul 8, 2026
Lake Resources N.L. has appointed veteran hydrogeologist Michael Gabora as its new Competent Person, replacing Andrew Fulton with immediate effect. Gabora is a registered geoscientist in Canada and the U.S., a member of the Australian Institute of...
Lake Resources Seeks ASX Quotation for Additional Ordinary Shares
Jul 6, 2026
Lake Resources N.L. has applied for quotation of 9,035 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of June 30, 2026. The modest share issuance reflects routine capital adjustments and will slightly incr...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.