Tantalex Lithium Resources Corp.

Tantalex Lithium Resources Corp.verified

TTX.CN

Price:

$0.025

Market Cap:

$19.96M

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 ROE as of September 2024 (TTM) for Tantalex Lithium Resources Corp. (TTX.CN) is 58.68%

According to Tantalex Lithium Resources Corp.’s latest financial reports and current stock price. The company's current ROE is 58.68%. This represents a change of 302.75% compared to the average of 14.57% of the last 4 quarters.

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

How has TTX.CN ROE performed in the past?

The mean historical ROE of Tantalex Lithium Resources Corp. over the last ten years is 65.16%. The current 58.68% ROE has changed -9.95% with respect to the historical average. Over the past ten years (40 quarters), TTX.CN's ROE was at its highest in in the November 2016 quarter at 224.32%. The ROE was at its lowest in in the February 2019 quarter at -101.85%.

Quarterly (TTM)
Annual

Average

65.16%

Median

62.75%

Minimum

-376.98%

Maximum

390.01%

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

Discovering the peaks and valleys of Tantalex Lithium Resources Corp. ROE, 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 = 506.24%

Maximum Annual ROE = 390.01%

Minimum Annual Increase = -203.46%

Minimum Annual ROE = -376.98%

Quarterly (TTM)
Annual
YearROEChange
202466.82%187.27%
202323.26%-82.36%
2022131.88%124.76%
202158.67%-84.96%
2020390.01%-203.46%
2019-376.98%403.83%
2018-74.82%-125.90%
2017288.84%506.24%
201647.64%-50.52%
201596.29%-55.14%

Tantalex Lithium Resources Corp. (TTX.CN) Average ROE

How has TTX.CN ROE performed in the past?

The current ROE of Tantalex Lithium Resources Corp. (TTX.CN) 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

73.99%

5-year avg

134.13%

10-year avg

65.16%

Tantalex Lithium Resources Corp. (TTX.CN) ROE vs. Peers

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

Tantalex Lithium Resources Corp.’s ROE is less than Nuinsco Resources Limited (58.14%), greater than Spearmint Resources Inc. (-25.21%), greater than Azincourt Energy Corp. (-30.66%), less than Fineqia International Inc. (215.17%), greater than Cruz Battery Metals Corp. (-19.69%),

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