GLOBAL LITHIUM RESOURCES LIMITED (GL1)
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GL1 - GLOBAL LITHIUM RESOURCES LIMITED

FNArena Sector : New Battery Elements
Year End: June
GICS Industry Group : Materials
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.24

01 Feb
2023

-0.040

OPEN

$2.38

-1.75%

HIGH

$2.38

523,735

LOW

$2.23

TARGET
$4.20 87.5% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
GL1: 1
Title FY21
Actual
FY22
Actual
FY23
Forecast
FY24
Forecast
EPS (cps) xxx - 2.6 - 7.2 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

N/A

Estimated Dividend Growth
(Average Of Past Three Years)

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
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Title 202020212022
EPS Basic xxxxxx-2.6
DPS All xxxxxx0.0
Sales/Revenue xxxxxx0.0 M
Book Value Per Share xxxxxx28.9
Net Operating Cash Flow xxxxxx-9.3 M
Net Profit Margin xxxxxx %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022
Return on Capital Employed xxxxxx-12.03 %
Return on Invested Capital xxxxxx-12.01 %
Return on Assets xxxxxx-11.30 %
Return on Equity xxxxxx-12.03 %
Return on Total Capital xxxxxx-11.33 %
Free Cash Flow ex dividends xxxxxx-9.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

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EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

30/01/2023

1

Outperform

$4.20

87.50%

With Global Lithium Resources updating the market on its second quarter, Macquarie highlights a key announcement is the completion of its equity raising and confirmation of its now 100% ownership of the Manna project. 

Macquarie points out the company reached an agreement with Breaker Resources ((BRB)) to acquire its 20% stake for $60m in November. 

The company also started its scoping study for Manna in the quarter, with results expected in coming months. Macquarie expects the environment approval timeline to be of interest to the market, with the lengthy process proving a headwind for WA projects.

The Outperform rating and target price of $4.20 are retained.

FORECAST
Macquarie forecasts a full year FY23 dividend of 0.00 cents and EPS of minus -7.20 cents.
Macquarie forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -8.30 cents.

GL1 STOCK CHART