Edison Lithium (EDDY) AI Stock Analysis

• Market Cap: $2.09M
• Dividend Yield: N/A
• Average Volume (3M): 6.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.31
• Revenue Growth: N/A
• EPS Growth: 23.96%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 61
• Industry: Industrial Materials
• EPS (TTM): -0.06
• Shares Outstanding: 18,970,583
• 10 Day Avg. Volume: 2,981
• 30 Day Avg. Volume: 6,626
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Edison Lithium's stock score is primarily impacted by its weak financial performance due to lack of revenue and negative cash flows. The stock benefits from positive technical indicators and strategic corporate events, but poor valuation metrics weigh heavily on the score.

Edison Lithium Business Overview & Revenue Model

Company Description

Edison Lithium (EDDY) is a resource exploration and development company focused on the acquisition and development of lithium-rich properties. The company primarily operates within the mining sector, targeting the exploration of lithium deposits that are essential for the production of batteries used in electric vehicles and renewable energy storage systems. Edison's core offerings include identifying and developing high-potential lithium assets to meet the growing demand for sustainable energy solutions.

How the Company Makes Money

Edison Lithium makes money through the exploration and development of lithium mining projects. The company's revenue model involves acquiring promising lithium-rich properties, conducting exploratory activities to assess the potential yields, and subsequently developing these sites for commercial extraction. Revenue is primarily generated through the sale of lithium extracted from their developed mines. Additionally, Edison Lithium may form strategic partnerships or joint ventures with larger mining companies or technology firms to co-develop projects, providing additional revenue streams through shared profits or licensing fees. The company's earnings are influenced by global lithium demand, market prices, and its ability to efficiently operate and expand its mining operations.

Edison Lithium Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00
	EBIT
-897.66K	-1.47M	-1.53M	-120.33K	-459.72K
	EBITDA
-913.31K	-1.47M	-1.53M	-120.33K	-459.72K
	Net Income Common Stockholders
-913.30K	-1.45M	-1.53M	-84.73K	-411.99K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.50M	2.17M	3.72M	718.57K	978.16K
	Total Assets
9.16M	9.85M	10.89M	6.19M	6.31M
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-1.00M	-1.17M	-3.72M	-718.57K	-978.16K
	Total Liabilities
169.33K	45.60K	177.98K	17.33K	47.27K
	Stockholders Equity
8.99M	9.80M	10.71M	6.17M	6.26M
Cash Flow		Free Cash Flow
-805.22K	-1.58M	-959.03K	-259.58K	-303.12K
	Operating Cash Flow
-676.51K	-1.09M	-659.03K	-117.08K	-62.39K
	Investing Cash Flow
509.52K	-1.49M	-349.63K	-142.50K	-240.73K
	Financing Cash Flow
0.00	36.00K	4.01M	0.00	0.00

Edison Lithium Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.11
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EDDY, the sentiment is Positive. The current price of 0.11 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.10, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 59.14 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:EDDY.

Edison Lithium Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SGML	53 Neutral	$1.28B	―	-40.19%	―	32.63%	-58.81%
Sector *	49 Neutral	$1.95B	-1.32	-21.23%	3.72%	0.87%	-29.37%
LAC	49 Neutral	$888.63M	―	-4.13%	―	―	―
AVL	47 Neutral	$17.22M	―	-5.23%	―	―	-11500.00%
EDDY	36 Underperform	$2.09M	―	-11.80%	―	―	23.96%
LTHM	27 Underperform	C$2.79M	―	-1126.39%	―	―	14.62%

Edison Lithium Corporate Events

Edison Lithium Updates on Argentinian Subsidiary Sale

Edison Lithium Corp. has announced an update on the proposed sale of its Argentinian subsidiary, Resource Ventures S.A., to Mava Gasoil LLC. The transaction, valued at USD$3.5 million, is pending the finalization of a definitive agreement and other closing conditions. This sale is part of Edison’s strategy to optimize its portfolio and focus on its core operations, potentially enhancing its market positioning and providing financial benefits to its stakeholders.

Spark’s Take on TSE:EDDY Stock

According to Spark, TipRanks’ AI Analyst, TSE:EDDY is a Neutral.

Edison Lithium’s overall stock score is impacted by its financial performance, which reflects an early-stage exploration company with no revenue and negative cash flows. The strong technical indicators provide some positive momentum, but the negative valuation metrics due to unprofitability and lack of dividends weigh heavily. The recent corporate event of extending warrant expiry is a positive strategic move but not enough to significantly enhance the score.

To see Spark’s full report on TSE:EDDY stock, click here.

Edison Lithium Extends Warrant Expiry to Strengthen Market Position

Edison Lithium Corp. has announced its intention to extend the expiry date of 4,000,000 common share purchase warrants by 24 months to October 26, 2027. This extension, which maintains the current exercise price, is subject to approval by the TSX Venture Exchange and reflects the company’s strategic efforts to enhance its market positioning and shareholder value in the growing battery metals sector.