Latin Resources Limited

Latin Resources Limitedverified

LRSRF

Price:

$0.0902

Market Cap:

$405.63M

Latin Resources Limited engages in the exploration and evaluation of mining projects in Australia, Brazil, Peru, and Argentina. The company primarily explores for lithium, silver, lead, copper, and gold deposits. It holds interests in the Cloud Nine Halloysite-Kaolin deposit located in Merredin, western Australia; Salinas Lithium project located in Minas Gerais, eastern Brazil; and Catamarca Lithium project located in Argentina. The company also holds interests in the MT-03 Copper project located in Peru; Big Grey project located in the Patterson region of western Australia; and Yarara project located in New South Wales. In addition, it holds a portfolio of projects located in the Andes porp...[Read more]

Industry

Industrial Materials

IPO Date

2022-12-06

Stock Exchange

PNK

Ticker

LRSRF

The Current Ratio as of December 2024 (TTM) for Latin Resources Limited (LRSRF) is 1.76

According to Latin Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.76. This represents a change of -64.70% compared to the average of 4.98 of the last 4 quarters.

Latin Resources Limited (LRSRF) Historical Current Ratio (quarterly & annually)

How has LRSRF Current Ratio performed in the past?

The mean historical Current Ratio of Latin Resources Limited over the last ten years is 2.22. The current 1.76 Current Ratio has changed 7.83% with respect to the historical average. Over the past ten years (40 quarters), LRSRF's Current Ratio was at its highest in in the June 2022 quarter at 12.99. The Current Ratio was at its lowest in in the January 2011 quarter at 0.

Quarterly (TTM)
Annual

Average

2.22

Median

1.00

Minimum

0.12

Maximum

7.33

Latin Resources Limited (LRSRF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Latin Resources Limited 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 = 569.19%

Maximum Annual Current Ratio = 7.33

Minimum Annual Increase = -93.41%

Minimum Annual Current Ratio = 0.12

Quarterly (TTM)
Annual
YearCurrent RatioChange
20237.3341.81%
20225.17496.82%
20210.87-59.40%
20202.13569.19%
20190.329.12%
20180.29-93.41%
20174.43290.55%
20161.14218.99%
20150.36186.81%
20140.12-85.97%

Latin Resources Limited (LRSRF) Average Current Ratio

How has LRSRF Current Ratio performed in the past?

The current Current Ratio of Latin Resources Limited (LRSRF) 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

4.46

5-year avg

3.16

10-year avg

2.22

Latin Resources Limited (LRSRF) Current Ratio vs. Peers

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

Latin Resources Limited’s Current Ratio is less than Winsome Resources Limited (4.19), less than Deep-South Resources Inc. (7.84), greater than Osisko Metals Incorporated (0.08), greater than Mineral Resources Limited (1.07), less than IGO Limited (5.85), less than Québec Nickel Corp. (14.87), less than Nickel Industries Limited (3.59), greater than Mineral Resources Limited (1.07), less than Surge Copper Corp. (6.31), greater than ZincX Resources Corp. (0.40), greater than Mundoro Capital Inc. (1.71), greater than Strategic Resources Inc. (1.13), greater than Norra Metals Corp. (0), less than E79 Resources Corp. (99.98), less than IGO Limited (5.85), greater than Grid Metals Corp. (1.07), greater than Century Cobalt Corp. (0), greater than Lithium Australia Limited (0.55),

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