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Lithium South Development Corp

Company price
None CAD 0.00(0%)
Last update at 2026-06-04T21:00:06.980034Z
Market Cap
62.38M

Momentum Score

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Lithium South Development Corporation, an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral properties in Argentina. Its flagship property is the Hombre Muerto North lithium brine project consist of nine mining concessions that covers approximately an area of 5,687 hectares located in the Salta Province, Argentina. The company was formerly known as NRG Metals Inc. and changed its name to Lithium South Development Corporation in November 2020. Lithium South Development Corporation was incorporated in 1995 and is headquartered in Vancouver, Canada.

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52 Week Price Range
0.09
Low
0.51
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
0.50
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-32.98%
Net Debt
0.48M
ROCE
-47.85%
Diluted EPS TTM
-0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -5.29M -8.46M -9.18M -8.04M -2.99M
Net income -5.29M -8.46M -9.18M -8.04M -2.99M
Selling general administrative 1.53M 3.52M 5.50M 7.31M 1.57M
Reconciled depreciation 0.03M 0.04M 0.05M - -
Ebit - - - - -1.47M
Ebitda - - - -8.04M -2.62M
Operating income -5.70M -10.79M -12.44M -8.04M -1.57M
Interest expense - - - 0.00M 0.37M
Net interest income - - - 0.00M -0.37M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 5.70M 10.79M 12.44M 8.04M 1.57M
Total other income expense net 0.42M 2.32M 3.27M -0.00M -1.04M
Net income from continuing ops -5.29M -8.46M -9.18M -8.04M -2.99M
Net income applicable to common shares - - - - -2.99M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 12.94M 14.10M 21.23M 25.57M 5.22M
Total liab 1.02M 0.60M 0.35M 0.06M 1.43M
Total stockholder equity 11.92M 13.49M 20.89M 25.51M 3.79M
Other current liab - - -0.00M - 0.00M
Common stock - - - - 41.40M
Capital stock 71.22M 67.74M 67.54M 65.24M 41.40M
Retained earnings -76.78M -71.50M -63.03M -53.85M -45.81M
Cash 0.62M 1.49M 3.56M 13.64M 0.05M
Total current liabilities 1.02M 0.60M 0.35M 0.06M 1.43M
Net debt - - - - 0.48M
Short long term debt - - - - 0.53M
Other stockholder equity - - - - 8.20M
Property plant equipment - - - - 5.12M
Total current assets 0.74M 1.86M 8.96M 17.38M 0.10M
Net tangible assets - - - - 3.79M
Short term investments - 0.00M 5.10M 2.40M -
Net receivables 0.03M 0.06M 0.15M 0.10M 0.05M
Accounts payable 0.60M 0.58M 0.32M 0.04M 0.88M
Non current assets total 12.20M 12.24M 12.27M 8.19M 5.12M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments 0.00M 5.10M -4.98M -3.65M -1.45M
Change to liabilities - - - - 1.18M
Total cashflows from investing activities - - - - -1.45M
Net borrowings - - 0.00M - -
Total cash from financing activities 3.71M 0.21M 14.69M 23.73M 1.73M
Change to operating activities - - - - 0.00M
Net income -5.29M -8.46M -9.18M -8.04M -2.99M
Change in cash -0.87M -2.07M 3.69M 13.59M 0.04M
Begin period cash flow 1.49M 3.56M 4.78M 0.05M 0.00M
End period cash flow 0.62M 1.49M 8.47M 13.64M 0.05M
Total cash from operating activities -4.59M -7.37M -6.02M -6.49M -0.23M
Issuance of capital stock 3.70M 0.21M 14.69M 24.26M 1.73M
Depreciation 0.03M 0.04M 0.05M - -
Change to account receivables - - - - -0.03M
Change to netincome - - - - 1.60M
Capital expenditures 0.00M 0.00M 2.58M 1.25M 1.45M
Change in working capital 0.66M 0.19M -0.18M -2.13M 1.15M
Stock based compensation 0.00M 0.86M 3.22M 3.68M 0.51M
Other non cash items - - - - 1.10M
Free cash flow -4.59M -7.37M -8.60M -7.74M -1.68M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
SGML
Sigma Lithium Resources Corp
0.10
1.28%
7.91 - 23.09 29.72 42.12 32.66
AFM
Alphamin Res
0.03
2.00%
1.27 8.44 9.43 2.78 3.33 3.85
SLI
Standard Lithium Ltd
0.11
5.76%
2.02 - - 79.52 2.40 5.29
FWZ
Fireweed Zinc Ltd
0.03
1.25%
2.43 - 1250.00 - 26.07 -7.01

Profile*

Lithium South Development Corp

Lithium South Development Corporation, an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral properties in Argentina. Its flagship property is the Hombre Muerto North lithium brine project consist of nine mining concessions that covers approximately an area of 5,687 hectares located in the Salta Province, Argentina. The company was formerly known as NRG Metals Inc. and changed its name to Lithium South Development Corporation in November 2020. Lithium South Development Corporation was incorporated in 1995 and is headquartered in Vancouver, Canada.

1681 Chestnut Street, Vancouver, BC, Canada, V6J 4M6

855 415 8100

Name Title Year Born
Mr. Adrian F. C. Hobkirk Pres, CEO & Director 1960
Mr. Christopher P. Cherry C.A., CPA, CA, CGA, CPA CFO & Director 1979
Mr. Fernando Erik Villarroel Alcoceer VP of Bus. Devel., Director of Project Devel. & Director 1981
Mr. Jorge Vargas Managing Director NA
Ms. Jan Urata Corp. Sec. 1964
Mr. Adrian F. C. Hobkirk President, CEO & Director 1960
Mr. Fernando Erik Villarroel Alcoceer VP of Business Development, Director of Project Development & Director 1982
Ms. Jan Urata Corporate Secretary 1964
Mr. Christopher P. Cherry C.A., CPA, CGA CFO & Director 1979
Mr. Fernando Erik Villarroel Alcoceer COO, VP of Business Development, Director of Project Development & Director 1982

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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