Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Lithium Royalty Corp. operates as a lithium-focused royalty company. The company has diversified portfolio of royalties on mineral properties worldwide. Its royalty portfolio consists of 30 royalties on 28 properties, including 2 properties in production, 4 properties in construction, and 22 properties in development or exploration. The company was incorporated in 2017 and is based in Toronto, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E.
Target Price
The average target price of LIRC.TO is 7.5 and suggests 28% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d