Lithium South Development Corporation

Lithium South Development Corporationverified

LIS.V

Price:

$0.17

Market Cap:

$18.73M

Lithium South Development Corporation, an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral properties. Its flagship property is the Hombre Muerto North lithium brine project covering approximately 5,687 hectares in nine mining concessions located in Salta Province, Argentina. The company was formerly known as NRG Metals Inc. and changed its name to Lithium South Development Corporation in November 2020. Lithium South Development Corporation was incorporated in 1995 and is headquartered in Vancouver, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2000-11-24

Stock Exchange

TSXV

Ticker

LIS.V

The Current Ratio as of November 2024 (TTM) for Lithium South Development Corporation (LIS.V) is 24.06

According to Lithium South Development Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 24.06. This represents a change of 116.49% compared to the average of 11.11 of the last 4 quarters.

Lithium South Development Corporation (LIS.V) Historical Current Ratio (quarterly & annually)

How has LIS.V Current Ratio performed in the past?

The mean historical Current Ratio of Lithium South Development Corporation over the last ten years is 33.65. The current 24.06 Current Ratio has changed 7.05% with respect to the historical average. Over the past ten years (40 quarters), LIS.V's Current Ratio was at its highest in in the December 2021 quarter at 275.91. The Current Ratio was at its lowest in in the March 2015 quarter at 0.00.

Quarterly (TTM)
Annual

Average

33.65

Median

1.97

Minimum

0.01

Maximum

275.91

Lithium South Development Corporation (LIS.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lithium South Development Corporation 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 = 407.18%

Maximum Annual Current Ratio = 275.91

Minimum Annual Increase = -98.36%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.09-88.07%
202225.89-90.62%
2021275.91407.18%
20200.07602.97%
20190.01-98.36%
20180.59-97.74%
201725.99531.23%
20164.12386.49%
20150.857.85%
20140.01-33.92%

Lithium South Development Corporation (LIS.V) Average Current Ratio

How has LIS.V Current Ratio performed in the past?

The current Current Ratio of Lithium South Development Corporation (LIS.V) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

101.63

5-year avg

60.99

10-year avg

33.65

Lithium South Development Corporation (LIS.V) Current Ratio vs. Peers

How is LIS.V’s Current Ratio compared to its peers?

Lithium South Development Corporation’s Current Ratio is greater than Lithium Chile Inc. (6.46), greater than Frontier Lithium Inc. (4.62), less than Argentina Lithium & Energy Corp. (30.57), greater than Critical Elements Lithium Corporation (16.71), less than International Lithium Corp. (43.32),

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