Latin Resources Limited

Latin Resources Limitedverified

LRSRF

Price:

$0.115

Market Cap:

$488.24M

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 November 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 -61.32% compared to the average of 4.55 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 March 2022 quarter at 12.99. The Current Ratio was at its lowest in in the March 2015 quarter at 0.07.

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 = 577.37%

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%
20202.13577.37%
20190.317.80%
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. (8.45), greater than Osisko Metals Incorporated (0.15), greater than Mineral Resources Limited (1.07), less than IGO Limited (5.85), less than Québec Nickel Corp. (9.54), less than Nickel Industries Limited (3.59), greater than Mineral Resources Limited (1.07), less than Surge Copper Corp. (4.53), greater than ZincX Resources Corp. (0.49), less than Mundoro Capital Inc. (2.24), 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. (1.44), greater than Century Cobalt Corp. (0), greater than Lithium Australia Limited (0.55),

Build a custom stock screener for Latin Resources Limited (LRSRF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Latin Resources Limited using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Latin Resources Limited (LRSRF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Latin Resources Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Latin Resources Limited's Current Ratio?

How is the Current Ratio calculated for Latin Resources Limited (LRSRF)?

What is the highest Current Ratio for Latin Resources Limited (LRSRF)?

What is the 3-year average Current Ratio for Latin Resources Limited (LRSRF)?

What is the 5-year average Current Ratio for Latin Resources Limited (LRSRF)?

How does the current Current Ratio for Latin Resources Limited (LRSRF) compare to its historical average?