Lithium Ionic Corp.

Lithium Ionic Corp.verified

LTH.V

Price:

$0.74

Market Cap:

$111.27M

Lithium Ionic Corp. engages in the acquisition, exploration, and development of mineral properties in Brazil. It owns a 100% ownership interest in the Itinga lithium project that comprises five mineral licenses covering an area of approximately 1,300 hectares in the prolific Aracuai lithium province. The company is headquartered in Toronto, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2021-04-12

Stock Exchange

TSXV

Ticker

LTH.V

The Current Ratio as of November 2024 (TTM) for Lithium Ionic Corp. (LTH.V) is 1.38

According to Lithium Ionic Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.38. This represents a change of -37.20% compared to the average of 2.20 of the last 4 quarters.

Lithium Ionic Corp. (LTH.V) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Lithium Ionic Corp. over the last ten years is 8.71. The current 1.38 Current Ratio has changed 1.49% with respect to the historical average. Over the past ten years (40 quarters), LTH.V's Current Ratio was at its highest in in the September 2021 quarter at 883.74. The Current Ratio was at its lowest in in the March 2021 quarter at -203.46.

Quarterly (TTM)
Annual

Average

8.71

Median

8.28

Minimum

2.51

Maximum

15.33

Lithium Ionic Corp. (LTH.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lithium Ionic 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 = 85.13%

Maximum Annual Current Ratio = 15.33

Minimum Annual Increase = -83.61%

Minimum Annual Current Ratio = 2.51

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.51-83.61%
202215.3385.13%

Lithium Ionic Corp. (LTH.V) Average Current Ratio

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

The current Current Ratio of Lithium Ionic Corp. (LTH.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

8.71

5-year avg

8.71

10-year avg

8.71

Lithium Ionic Corp. (LTH.V) Current Ratio vs. Peers

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

Lithium Ionic Corp.’s Current Ratio is less than Patriot Battery Metals Inc. (2.29), less than Brunswick Exploration Inc. (7.42), greater than Sigma Lithium Corporation (1.05), less than Emerita Resources Corp. (8.21), less than Frontier Lithium Inc. (4.62),

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