Tantalex Lithium Resources Corp.

Tantalex Lithium Resources Corp.verified

TTX.CN

Price:

$0.025

Market Cap:

$24.95M

Tantalex Lithium Resources Corp. engages in the acquisition, exploration, development, and distribution of lithium, tantalum, cobalt, tin, and other mineral properties in Africa. It primarily holds interest in the Manono-Kitotolo Lithium Tailings project located at Manono in the province of Tanganyika, the Democratic Republic of Congo; and Lubule Tantulum and Tin project. The company was formerly known as Tantalex Resources Corporation and changed its name to Tantalex Lithium Resources Corp. in May 2022. Tantalex Lithium Resources Corp. was incorporated in 2009 and is headquartered in Toronto, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2010-07-30

Stock Exchange

CNQ

Ticker

TTX.CN

The Current Ratio as of November 2024 (TTM) for Tantalex Lithium Resources Corp. (TTX.CN) is 0.07

According to Tantalex Lithium Resources Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.07. This represents a change of 37.89% compared to the average of 0.05 of the last 4 quarters.

Tantalex Lithium Resources Corp. (TTX.CN) Historical Current Ratio (quarterly & annually)

How has TTX.CN Current Ratio performed in the past?

The mean historical Current Ratio of Tantalex Lithium Resources Corp. over the last ten years is 0.24. The current 0.07 Current Ratio has changed 2.94% with respect to the historical average. Over the past ten years (40 quarters), TTX.CN's Current Ratio was at its highest in in the February 2018 quarter at 1.56. The Current Ratio was at its lowest in in the February 2015 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.24

Median

0.05

Minimum

0.01

Maximum

1.56

Tantalex Lithium Resources Corp. (TTX.CN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tantalex Lithium Resources 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 = 2.83%

Maximum Annual Current Ratio = 1.56

Minimum Annual Increase = -94.60%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.0521.01%
20230.04103.23%
20220.02-59.26%
20210.0534.85%
20200.04-52.88%
20190.08-94.60%
20181.56218.99%
20170.492.83%
20160.0248.76%
20150.01-88.01%

Tantalex Lithium Resources Corp. (TTX.CN) Average Current Ratio

How has TTX.CN Current Ratio performed in the past?

The current Current Ratio of Tantalex Lithium Resources Corp. (TTX.CN) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.04

5-year avg

0.04

10-year avg

0.24

Tantalex Lithium Resources Corp. (TTX.CN) Current Ratio vs. Peers

How is TTX.CN’s Current Ratio compared to its peers?

Tantalex Lithium Resources Corp.’s Current Ratio is less than Nuinsco Resources Limited (0.13), less than Spearmint Resources Inc. (0.85), less than Azincourt Energy Corp. (13.50), less than Fineqia International Inc. (0.19), less than Cruz Battery Metals Corp. (4.52),

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