First Lithium Minerals Corp.

First Lithium Minerals Corp.verified

FLM.CN

Price:

$0.05

Market Cap:

$4.82M

First Lithium Minerals Corp. operates as a mineral exploration and development company in Chile and Canada. The company primarily explores for lithium and alkali metals. It holds 100% interests in the OCA Salar de Ascotan project that covers an area of approximately 1,800 hectares of mineral exploration concessions located in the salar Ascotan in the Antofagasta Region of northern Chile; and the Lidstone project, which covers an area of approximately 17,300 hectares located at the north of the City of Thunder Bay along highway 527, Ontario. The company was founded in 2017 and is headquartered in Toronto, Canada.

Industry

Industrial Materials

IPO Date

2022-08-09

Stock Exchange

CNQ

Ticker

FLM.CN

The Current Ratio as of December 2025 (TTM) for First Lithium Minerals Corp. (FLM.CN) is 8.83

According to First Lithium Minerals Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 8.83. This represents a change of -13.17% compared to the average of 10.17 of the last 4 quarters.

First Lithium Minerals Corp. (FLM.CN) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of First Lithium Minerals Corp. over the last ten years is 3.97. The current 8.83 Current Ratio has changed 22.16% with respect to the historical average. Over the past ten years (40 quarters), FLM.CN's Current Ratio was at its highest in in the March 2023 quarter at 16.00. The Current Ratio was at its lowest in in the June 2022 quarter at 0.

Quarterly (TTM)
Annual

Average

3.97

Median

1.24

Minimum

0.03

Maximum

21.52

First Lithium Minerals Corp. (FLM.CN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of First Lithium Minerals 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 = 11.90%

Maximum Annual Current Ratio = 21.52

Minimum Annual Increase = -97.40%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20238.83-58.95%
202221.5211.90%
20210.18457.48%
20210.03-97.40%
20201.24-24.31%
20191.64-16.57%
20181.961.98%
20170.09-57.66%

First Lithium Minerals Corp. (FLM.CN) Average Current Ratio

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

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

3-year avg

10.18

5-year avg

6.36

10-year avg

3.97

First Lithium Minerals Corp. (FLM.CN) Current Ratio vs. Peers

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

First Lithium Minerals Corp.’s Current Ratio is greater than Murchison Minerals Ltd. (1.24), greater than Nevada Sunrise Metals Corporation (2.60), greater than Golden Lake Exploration Inc. (0.15), greater than Transition Metals Corp. (5.60), greater than Peruvian Metals Corp. (0.43), greater than GoldHaven Resources Corp. (5.37), greater than AsiaBaseMetals Inc. (0.01), greater than Grounded Lithium Corp. (1.24), greater than Northern Shield Resources Inc. (1.36), greater than Chatham Rock Phosphate Limited (0.11),

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