LLKKF Company Profile and Key Details

Lake Resources NL (OTC:LLKKF) closed at $0.04 USD, gaining $0.01 (21.65%) from the previous close of $0.03. The stock is currently mid-range between its 52-week high and low $0.01 and $0.11. With a market capitalization of about $67.18 million, Lake Resources NL is classified as a micro-cap and shows lower-than-market volatility (beta ~0.41). Key stats such as the average daily volume over the past year has been around 447.52 thousand shares, volume is running light vs its 52-week average. Headquartered in Sydney, NSW, Lake Resources NL operates in the Basic Materials sector and the Industrial Materials industry. Led by CEO David Dickson, the company employs approximately 30,000 people and listed since December 31, 2018. Established in Sydney, Australia, in 1997, Lake Resources NL is a company dedicated to the exploration and development of lithium brine assets, primarily situated in Argentina.

Lake Resources NL last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$0.04. This means the shares are trading below this model’s fair value.

Lake Resources NL earnings surprise history is a mixed track record. The quarter that ended March 06, 2024, missed forecasts by 99.41%.

Average 10-day trading volume of 142.07 thousand shares is below the 3-month average of 434.61 thousand, indicating normal recent market interest.

Our AI price prediction model suggests that Lake Resources NL stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.

Valuation shows Lake Resources NL trading at a premium to the broader market with a P/E of -3.32.

Lake Resources NL trades at a P/E ratio of -3.32, slightly below the S&P 500 average, with a price-to-sales ratio of 75.94 and a price-to-book ratio of 0.69 suggesting the stock is closer to book value. The P/FCF stands at -4.09, also above market averages.