LISMF
Price:
$0.30328
Market Cap:
$47.62M
Lithium South Development Corporation, an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral properties. Its flagship property is the Hombre Muerto North lithium brine project covering approximately 5,687 hectares in nine mining concessions located in Salta Province, Argentina. The company was formerly known as NRG Metals Inc. and changed its name to Lithium South Development Corporation in November 2020. Lithium South Development Corporation was incorporated in 1995 and is headquartered in Vancouver, Canada.
Industry
Industrial Materials
IPO Date
2021-01-08
Stock Exchange
OTC
Ticker
LISMF
According to Lithium South Development Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.13. This represents a change of -99.50% compared to the average of 26.12 of the last 4 quarters.
The mean historical Current Ratio of Lithium South Development Corporation over the last ten years is 33.72. The current 0.13 Current Ratio has changed -60.99% with respect to the historical average. Over the past ten years (40 quarters), LISMF's Current Ratio was at its highest in in the December 2021 quarter at 275.91. The Current Ratio was at its lowest in in the December 2019 quarter at 0.01.
Average
33.72
Median
1.97
Minimum
0.01
Maximum
275.91
Discovering the peaks and valleys of Lithium South Development Corporation 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 = 407.18%
Maximum Annual Current Ratio = 275.91
Minimum Annual Increase = -98.36%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.73 | -76.51% |
| 2023 | 3.09 | -88.07% |
| 2022 | 25.89 | -90.62% |
| 2021 | 275.91 | 407.18% |
| 2020 | 0.07 | 602.97% |
| 2019 | 0.01 | -98.36% |
| 2018 | 0.59 | -97.74% |
| 2017 | 25.99 | 531.23% |
| 2016 | 4.12 | 386.49% |
| 2015 | 0.85 | 7.85% |
The current Current Ratio of Lithium South Development Corporation (LISMF) 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
9.90
5-year avg
61.14
10-year avg
33.72
Lithium South Development Corporation’s Current Ratio is less than Churchill Resources Inc. (0.29), less than Salazar Resources Limited (5.00), less than European Metals Holdings Limited (5.73), less than European Metals Holdings Limited (5.73), less than Pelangio Exploration Inc. (1.15), less than Nevada Lithium Resources Inc. (12.06), less than Avalon Advanced Materials Inc. (0.42), less than Jindalee Resources Limited (0.27), less than Canadian Premium Sand Inc. (0.47), less than Century Lithium Corp. (6.37),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.29 | $49.10M | |
| 5.00 | $31.11M | |
| 5.73 | $53.30M | |
| 5.73 | $59.98M | |
| 1.15 | $40.26M | |
| 12.06 | $33.52M | |
| 0.42 | $28.95M | |
| 0.27 | $27.48M | |
| 0.47 | $18.49M | |
| 6.37 | $33.24M |
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