Argentina Lithium & Energy Corp.

Argentina Lithium & Energy Corp.verified

PNXLF

Price:

$0.2415

Market Cap:

$42.93M

Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in Argentina. The company holds 100% interest in the Incahuasi lithium project covering an area of approximately 13,372 hectares of granted mineral rights properties located in the Catamarca Province, Argentina. It also has an option to acquire 100% interest in Antofalla lithium project, and Pocitos project covering an area of 26,000 hectares, as well as Rincon West project covering an area of 2,370 hectares located in Salta, Argentina. The company was formerly known as Iron South Mining Corp. and changed its name to Argentina Lithium ...[Read more]

Industry

Industrial Materials

IPO Date

2007-07-05

Stock Exchange

PNK

Ticker

PNXLF

The Current Ratio as of September 2024 (TTM) for Argentina Lithium & Energy Corp. (PNXLF) is 0.92

According to Argentina Lithium & Energy Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.92. This represents a change of -83.40% compared to the average of 5.56 of the last 4 quarters.

Argentina Lithium & Energy Corp. (PNXLF) Historical Current Ratio (quarterly & annually)

How has PNXLF Current Ratio performed in the past?

The mean historical Current Ratio of Argentina Lithium & Energy Corp. over the last ten years is 3.49. The current 0.92 Current Ratio has changed 2.54% with respect to the historical average. Over the past ten years (40 quarters), PNXLF's Current Ratio was at its highest in in the March 2018 quarter at 19.55. The Current Ratio was at its lowest in in the September 2019 quarter at 0.02.

Quarterly (TTM)
Annual

Average

3.49

Median

0.43

Minimum

0.04

Maximum

15.23

Argentina Lithium & Energy Corp. (PNXLF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Argentina Lithium & Energy 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 = 18.44%

Maximum Annual Current Ratio = 15.23

Minimum Annual Increase = -98.74%

Minimum Annual Current Ratio = 0.04

Quarterly (TTM)
Annual
YearCurrent RatioChange
20224.36-34.53%
20216.664.41%
20200.15248.25%
20190.04-55.06%
20180.09-98.74%
20177.50-50.74%
201615.2318.44%
20150.08-9.39%
20140.09-87.34%
20130.72-90.45%

Argentina Lithium & Energy Corp. (PNXLF) Average Current Ratio

How has PNXLF Current Ratio performed in the past?

The current Current Ratio of Argentina Lithium & Energy Corp. (PNXLF) 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

3.72

5-year avg

2.26

10-year avg

3.49

Argentina Lithium & Energy Corp. (PNXLF) Current Ratio vs. Peers

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

Argentina Lithium & Energy Corp.’s Current Ratio is less than International Lithium Corp. (43.32), greater than Spey Resources Corp. (0.10), less than ACME Lithium Inc. (2.03), less than Alpha Lithium Corporation (3.47), less than Critical Elements Lithium Corporation (16.71),

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