GLNLF
Price:
$0.17
Market Cap:
$261.32M
Galan Lithium Limited acquires, explores for, evaluates, and develops mineral projects. It primarily explores for lithium and other deposits. The company holds 100% interests in the Hombre Muerto West project that comprises seven concessions covering an area of approximately 11,600 hectares located in the Catamarca province in Argentina; and the Candelas comprises fourteen exploration permits project covering an area of 24,072 hectares located in the Catamarca province, Argentina. It also holds 80% interest in the Greenbushes South lithium project covering an area of approximately 353 square kilometers located to the south of the Greenbushes mine. The company was formerly known as Dempsey Mi...[Read more]
Industry
Industrial Materials
IPO Date
2022-11-08
Stock Exchange
OTC
Ticker
GLNLF
According to Galan Lithium Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.53. This represents a change of -34.38% compared to the average of 0.81 of the last 4 quarters.
The mean historical Current Ratio of Galan Lithium Limited over the last ten years is 6.42. The current 0.53 Current Ratio has changed 729.52% with respect to the historical average. Over the past ten years (40 quarters), GLNLF's Current Ratio was at its highest in in the December 2012 quarter at 178.11. The Current Ratio was at its lowest in in the January 2012 quarter at 0.
Average
6.42
Median
3.67
Minimum
0.43
Maximum
20.83
Discovering the peaks and valleys of Galan Lithium Limited 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 = 496.64%
Maximum Annual Current Ratio = 20.83
Minimum Annual Increase = -93.20%
Minimum Annual Current Ratio = 0.43
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.53 | 24.05% |
| 2024 | 0.43 | -93.20% |
| 2023 | 6.31 | -69.70% |
| 2022 | 20.83 | 0.71% |
| 2021 | 20.68 | 496.64% |
| 2020 | 3.47 | 101.09% |
| 2019 | 1.72 | -64.08% |
| 2018 | 4.80 | 209.60% |
| 2017 | 1.55 | -59.94% |
| 2016 | 3.87 | -88.40% |
The current Current Ratio of Galan Lithium Limited (GLNLF) 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
2.42
5-year avg
9.76
10-year avg
6.42
Galan Lithium Limited’s Current Ratio is less than Hastings Technology Metals Limited (1.01), greater than Blackstone Minerals Limited (0.30), less than Lithium Ionic Corp. (3.06), less than Anson Resources Limited (1.39), less than Frontier Energy Limited (9.66), greater than Bear Creek Mining Corporation (0.17), less than Critica Limited (0.89), greater than Ardea Resources Limited (0.34), less than Northcliff Resources Ltd. (0.93), less than Atlantic Lithium Limited (1.65),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.01 | $83.33M | |
| 0.30 | $56.86M | |
| 3.06 | $108.07M | |
| 1.39 | $84.97M | |
| 9.66 | $76.30M | |
| 0.17 | $96.52M | |
| 0.89 | $2.33M | |
| 0.34 | $77.01M | |
| 0.93 | $127.29M | |
| 1.65 | $92.63M |
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