Lithium Ionic Corp LTH
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if LTH is a good fit for your portfolio.
News
-
Lithium Ionic Expands Newly Discovered Zone at Salinas; Drills 1.53% Li2O over 15m, incl. 2.31% Li2O over 8m; 1.15% Li2O over 19m, incl. 1.67% Li2O over 10m, and 1.32% Li2O over 14m
-
Lithium Ionic Announces 26% Increase in Global Mineral Resources with an Updated Mineral Resource Estimate at its Bandeira Project, Minas Gerais, Brazil
-
Lithium Ionic Announces Maiden Mineral Resource Estimate and Initiation of PEA at its Salinas Project, Minas Gerais, Brazil; Increases Regional Mineral Resources by 45%
-
Lithium Ionic Extends Payment Schedule for Acquisition of the Vale and Borges Claims
-
Lithium Ionic Publishes 2023 Sustainability Report
-
Lithium Ionic extends Salinas pegmatites with intercepts of 1.22% Li2O over 16.7m and 1.51% Li2O over 11.9m; Discovers new high-grade zone grading 1.63% Li2O over 5.6m
-
Battery & Precious Metals Virtual Investor Conference: Presentations Now Available for Online Viewing
-
Lithium Ionic Appoints Mike Westendorf as Vice President of Technical Services, Further Enhancing its Operational Team as it Advances Bandeira, Minas Gerais, Brazil
Trading Information
- Previous Close Price
- CAD 0.67
- Day Range
- CAD 0.62–0.67
- 52-Week Range
- CAD 0.62–3.05
- Bid/Ask
- CAD 0.64 / CAD 0.66
- Market Cap
- CAD 89.82 Mil
- Volume/Avg
- 280,073 / 361,235
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- —
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Lithium Ionic Corp is a Canadian junior exploration company focused on developing commercial-grade lithium. It owns a 100% ownership interest in the Itinga lithium project. It operates a single operating segment, which is mineral exploration and evaluation in Brazil.
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
- Stock Style Box
- —
- Total Number of Employees
- —
- Website
- https://www.lithiumionic.com
Comparables
Valuation
|
Metric
|
LTH
|
GMD
|
KNT
|
|---|---|---|---|
Price/Earnings (Normalized) | — | — | 32.96 |
Price/Book Value | 10.47 | 2.21 | 3.88 |
Price/Sales | — | 5.39 | 6.78 |
Price/Cash Flow | — | — | 16.54 |
Price/Earnings
LTH
GMD
KNT
Financial Strength
|
Metric
|
LTH
|
GMD
|
KNT
|
|---|---|---|---|
Quick Ratio | 3.75 | 2.31 | 2.23 |
Current Ratio | 3.84 | 2.65 | 3.08 |
Interest Coverage | −1,987.64 | — | 15.61 |
Quick Ratio
LTH
GMD
KNT
Profitability
|
Metric
|
LTH
|
GMD
|
KNT
|
|---|---|---|---|
Return on Assets (Normalized) | −260.17% | −6.66% | 10.38% |
Return on Equity (Normalized) | −682.30% | −8.40% | 12.28% |
Return on Invested Capital (Normalized) | −328.45% | −8.19% | 12.08% |
Return on Assets
LTH
GMD
KNT
Other Industrial Metals & Mining Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
BHPLF
| BHP Group Ltd | YGL | Jhlhb | $148.8 Bil | |
BHP
| BHP Group Ltd ADR | Rnchszcl | Hvks | $148.8 Bil | |
RTNTF
| Rio Tinto Ltd | — | Xbzkg | $136.3 Bil | |
RIO
| Rio Tinto PLC ADR | Qdflcwm | Vshx | $110.2 Bil | |
VALE
| Vale SA ADR | Qsql | Fbsw | $53.0 Bil | |
NGLOY
| Anglo American PLC ADR | Mfrkvlkw | Glbp | $42.7 Bil | |
TECK
| Teck Resources Ltd Class B (Sub Voting) | Rhpsmyrd | Gcfq | $25.6 Bil | |
LAC
| Lithium Americas Corp | Cfkrrbkn | Nybs | $958.3 Mil | |
LAAC
| Lithium Americas (Argentina) Corp | Tbhzsnxcf | Ncjfdb | $781.1 Mil | |
CMP
| Compass Minerals International Inc | Pzydvltp | Yhdcrg | $528.0 Mil |