Leading Edge Materials Corp.

Leading Edge Materials Corp.verified

LEMIF

Price:

$0.07

Market Cap:

$21.51M

Leading Edge Materials Corp. explores for and develops a portfolio of raw material projects in Europe. The company primarily explores for graphite, lithium, nickel, cobalt, and rare earth elements. It holds a 100% interest in the Woxna graphite project that includes four concessions consisting of Kringelgruven, Mattsmyra, Gropabo, and Mansberg located in Gavleborg County, central Sweden. The company also holds interests in the Norra Karr HREE project located in south-central Sweden; and a 51% interest in the Bihor Sud nickel cobalt exploration alliance located in Romania. Leading Edge Materials Corp. was formerly known as Flinders Resources Limited and changed its name to Leading Edge Materi...[Read more]

Industry

Industrial Materials

IPO Date

2013-02-14

Stock Exchange

PNK

Ticker

LEMIF

The Current Ratio as of September 2024 (TTM) for Leading Edge Materials Corp. (LEMIF) is 10.47

According to Leading Edge Materials Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 10.47. This represents a change of 24.61% compared to the average of 8.40 of the last 4 quarters.

Leading Edge Materials Corp. (LEMIF) Historical Current Ratio (quarterly & annually)

How has LEMIF Current Ratio performed in the past?

The mean historical Current Ratio of Leading Edge Materials Corp. over the last ten years is 7.75. The current 10.47 Current Ratio has changed 13.41% with respect to the historical average. Over the past ten years (40 quarters), LEMIF's Current Ratio was at its highest in in the January 2022 quarter at 18.19. The Current Ratio was at its lowest in in the October 2019 quarter at 1.23.

Quarterly (TTM)
Annual

Average

7.75

Median

7.99

Minimum

1.23

Maximum

14.99

Leading Edge Materials Corp. (LEMIF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Leading Edge Materials Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 573.92%

Maximum Annual Current Ratio = 14.99

Minimum Annual Increase = -68.03%

Minimum Annual Current Ratio = 1.23

Quarterly (TTM)
Annual
YearCurrent RatioChange
20239.2419.74%
20227.71-38.05%
202112.4550.53%
20208.27573.92%
20191.23-52.06%
20182.56-42.92%
20174.49-6.42%
20164.79-68.03%
201514.9927.79%
201411.73-41.97%

Leading Edge Materials Corp. (LEMIF) Average Current Ratio

How has LEMIF Current Ratio performed in the past?

The current Current Ratio of Leading Edge Materials Corp. (LEMIF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

9.80

5-year avg

7.78

10-year avg

7.75

Leading Edge Materials Corp. (LEMIF) Current Ratio vs. Peers

How is LEMIF’s Current Ratio compared to its peers?

Leading Edge Materials Corp.’s Current Ratio is greater than Grid Metals Corp. (1.44), greater than Fireweed Metals Corp. (6.30), greater than Century Cobalt Corp. (0), greater than Australian Strategic Materials Ltd (2.89), less than Hannan Metals Ltd. (0), greater than Arianne Phosphate Inc. (4.16), less than Global Battery Metals Ltd. (0), greater than Decade Resources Ltd. (0.96), greater than Voyager Metals Inc. (0.22), greater than Silver Spruce Resources Inc. (1.49), less than Canada Rare Earth Corp. (0), greater than IGO Limited (0.26), greater than Québec Nickel Corp. (0.71), greater than Lithium Australia Limited (5.85), greater than null (9.54), greater than null (0.55),

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