Comet Lithium Corporation

Comet Lithium Corporation

XTRRF
Comet Lithium CorporationUS flagOther OTC
0.27
USD
- -
- -
8.14MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-1.33
-2.49
-0.42
-0.27
-0.3
-0.7
-0.13
-0.11
-0.06
-0.02
-0.19
-0.04
-0.01
-0.01
Free Cash Flow per Basic Share
-0.66
-0.53
-0.24
-0.27
-0.52
-0.14
-0.15
-0.11
-0.06
-0.03
-0.04
-0.03
-0.01
-0.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.06
-40.01
-32.5
-19.39
-9.06
-6.65
-4.98
-2.99
-2.34
-1.94
-1.45
-1.06
-0.92
-0.92
Tangible Book Value per Share
7.13
0.64
0.27
0.44
0.87
0.16
0.43
0.41
0.37
0.33
0.35
0.26
0.22
0.22
Basic Weighted Avg Shares
1
1
1
2
3
4
6
9
12
14
19
26
30
30
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-1
-2
- -
- -
-1
-3
-1
-1
-1
- -
-3
-1
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
2
- -
- -
1
1
- -
1
1
1
- -
2
1
- -
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
4
- -
- -
1
3
1
2
4
4
5
6
7
7
7
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
30
30
Market Capitalization
5
7
7

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
1
1
- -
Cash, Cash Equivalents & STI
1
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
75.21%
11.93%
-1.02%
Free Cash Flow
32.24%
-7.29%
-58.01%
Net Income, GAAP
102.85%
138.66%
-67.06%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.04
-0.02
- -
- -
-0.19
2024
-0.01
- -
- -
- -
-0.04
2025
-0.01
-0.01
- -
- -
-0.01

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Vincent Metcalfe Finance
Sector
Basic Materials
Industry
Other Precious Metals
Address
147, QuEbec Avenue Rouyn-Noranda QC Canada J9X 6M8
IPO Date
Oct 7, 2016
Business
Comet Lithium Corporation, formerly X-Terra Resources Inc., is a lithium-focused mineral exploration company incorporated in 2013 and headquartered in Rouyn-Noranda, Quebec, Canada. The company acquires, explores, and develops mining properties primarily in Quebec's James Bay region; its flagship asset is the 100%-owned Liberty Property comprising 38 mining claims adjacent to Winsome Resources' Adina lithium deposit, targeting lithium-rich pegmatite deposits; additional key properties include Troilus East adjacent to Troilus Gold's gold-copper deposit, Elmer East where high-grade lithium (up to 1.86% Li2O) and caesium (up to 2.46% Cs2O) were discovered in 2025 assays from spodumene-bearing pegmatites, Mercator, Monarch, Pontax South, Pontax East, and Triple L, providing exposure to lithium, gold, copper, and nickel deposits. In July 2024, Comet Lithium acquired the Mercator, Monarch, and Elmer East projects from Troilus Gold in exchange for 1.5 million common shares and granted a 2% net smelter royalty on each; the transaction closed in August 2024, enhancing its James Bay land position; in October-November 2023, it acquired Pontax South and Pontax East properties; the company changed its name from X-Terra Resources Inc. to Comet Lithium Corporation in June 2023 with new TSXV ticker CLIC; recent exploration includes 2025 programs at Elmer East discovering first spodumene pegmatite, Triple L targeting copper-nickel-lithium anomalies, advanced geophysical surveys, and Phase 1 results from Liberty, Mercator, Troilus East, and Monarch; it raised $832,600 via private placement in December 2024 and divested non-controlling New Brunswick interests in November 2024 while retaining royalties. Comet Lithium operates exclusively in Canada, focusing on early-stage discovery in the prolific James Bay lithium district to support clean energy minerals.