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How to buy Core Lithium (CXO) shares in Australia

Learn how to easily invest in Core Lithium shares.

Core Lithium is an other industrial metals & mining business based in Australia. Core Lithium shares (CXO) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Core Lithium has a trailing 12-month revenue of around $185.4 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Core Lithium

To buy shares listed in Australia such as Core Lithium , you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. Search for Core Lithium .
    Find the share by name or ticker symbol: CXO. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until Core Lithium reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. Decide on how many to buy.
    At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  5. Check on your investment.
    Congratulations, you own a part of Core Lithium . Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

Core Lithium stock price (ASX:CXO)

Use our graph to track the performance of CXO stocks over time.

Core Lithium shares at a glance

Information last updated 2024-04-10.
52-week range$0.15 - $1.2
50-day moving average $0.1911
200-day moving average $0.3581
Target price$0.12
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.07

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Core Lithium stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Core Lithium price performance over time

Historical closes compared with the last close of A$0.145

1 week (2024-04-10) -6.45%
1 month (2024-03-15) -19.44%
3 months (2024-01-17) -29.27%
6 months (2023-10-17) -59.72%
1 year (2023-04-17) -84.32%
2 years (2022-04-14) -89.45%
3 years (2021-04-16) -45.28%
5 years (2019-04-17) 184.31%

Is Core Lithium under- or over-valued?

Valuing Core Lithium stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Core Lithium 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Core Lithium 's EBITDA

Core Lithium 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $864,000 (£446,630).

The EBITDA is a measure of a Core Lithium 's overall financial performance and is widely used to measure stock profitability.

Core Lithium financials

Revenue TTM $185.4 million
Gross profit TTM $30.9 million
Return on assets TTM -4.47%
Return on equity TTM -47.39%
Profit margin -79.6%
Book value 0.138
Market capitalisation $331.2 million

TTM: trailing 12 months

Core Lithium share dividends

We're not expecting Core Lithium to pay a dividend over the next 12 months.

Core Lithium share price volatility

Over the last 12 months, Core Lithium 's shares have ranged in value from as little as $0.15 up to $1.2. A popular way to gauge a stock's volatility is its "beta".

CXO.AU volatility(beta: 1.4)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Core Lithium 's is 1.396. This would suggest that Core Lithium 's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).

Core Lithium overview

Core Lithium Ltd engages in the development of lithium and various metal deposits in Northern Territory and South Australia. The company primarily explores for copper, gold, silver, uranium, lead, zinc, rare earth elements, and base metals. Its flagship project is the Finniss Lithium project located to the south of Darwin port in the Northern Territory; and Shoobridge Lithium, Anningie and Barrow Creek Lithium, Blueys and Inkheart Lead/Silver, the Bynoe Gold, and Napperby uranium projects located in the Northern Territory. It also holds an 100% interest in the Yerelina Zinc project that covering a totaling area of 500 square kilometers in northern South Australia; Jervois Domain project, which covers three exploration licenses located in the central Northern Territory; and Fitton project located in South Australia. Core Lithium Ltd was incorporated in 2010 and is based in Perth, Australia.

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Past developments

30 January 2023: Goldman Sachs puts out a sell recommedation on Core Lithium highlighting a fair price for the company is 95 cents a share
30 January 2023: Core Lithium announced a number of key wins over the quarter including delivering its first shipment of 15,000 dry metric tones of direct shipping ore, construction work at another mine site and completing a $100 million equity raise

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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