Frontier Lithium Inc.

Frontier Lithium Inc.verified

LITOF

Price:

$0.39

Market Cap:

$123.47M

Frontier Lithium Inc. engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,069 hectares comprising two mining leases and 1,368 contiguous mining claims located in northwestern Ontario, Canada. The company was formerly known as Houston Lake Mining Inc. and changed its name to Frontier Lithium Inc. in May 19, 2016. Frontier Lithium Inc. was incorporated in 1995 and is based in Val Caron, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2010-01-04

Stock Exchange

PNK

Ticker

LITOF

The Current Ratio as of November 2024 (TTM) for Frontier Lithium Inc. (LITOF) is 4.62

According to Frontier Lithium Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.62. This represents a change of 14.17% compared to the average of 4.05 of the last 4 quarters.

Frontier Lithium Inc. (LITOF) Historical Current Ratio (quarterly & annually)

How has LITOF Current Ratio performed in the past?

The mean historical Current Ratio of Frontier Lithium Inc. over the last ten years is 4.97. The current 4.62 Current Ratio has changed 9.20% with respect to the historical average. Over the past ten years (40 quarters), LITOF's Current Ratio was at its highest in in the December 2022 quarter at 24.74. The Current Ratio was at its lowest in in the September 2014 quarter at 0.55.

Quarterly (TTM)
Annual

Average

4.97

Median

1.98

Minimum

0.71

Maximum

15.40

Frontier Lithium Inc. (LITOF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Frontier Lithium Inc. 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 = 464.90%

Maximum Annual Current Ratio = 15.40

Minimum Annual Increase = -88.06%

Minimum Annual Current Ratio = 0.71

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.84-88.06%
202315.404.81%
202214.7076.72%
20218.32464.90%
20201.479.35%
20191.3547.46%
20180.91-56.98%
20172.12-25.25%
20162.84301.02%
20150.71137.68%

Frontier Lithium Inc. (LITOF) Average Current Ratio

How has LITOF Current Ratio performed in the past?

The current Current Ratio of Frontier Lithium Inc. (LITOF) 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

10.65

5-year avg

8.35

10-year avg

4.97

Frontier Lithium Inc. (LITOF) Current Ratio vs. Peers

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

Frontier Lithium Inc.’s Current Ratio is greater than Vision Lithium Inc. (2.36), less than Critical Elements Lithium Corporation (16.71), less than Cypress Development Corp. (10.40), greater than Core Lithium Ltd (2.63), greater than Sayona Mining Limited (2.46),

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