Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Salt Lake Potash Ltd. engages in the exploration of mineral properties. The company is headquartered in Perth, Western Australia. The firm's principal activities include exploration and development of resource projects. Its segments include United States of America and Australia Potash. The company holds a range of salt lake brine projects (Projects) in Western Australia, South Australia and the Northern Territory. Its primary focus is the advancement of the Lake Wells' Project, which is located approximately 80 kilometers north of the Great Central Road and over 180 kilometers northeast of Laverton in the West Australian Goldfields. The Project consists of over 1,130 square kilometers of exploration licenses, covering the Lake Wells Playa and the area immediately contiguous to the Lake. The company also holds exploration licenses or applications covering all or parts of Lake Irwin and Lake Minigwal and Lake Ballard in Western Australia; Lake Lewis in the Northern Territory, and Lake Macfarlane and Island Lagoon in South Australia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers.