Lithium Ionic Corp

Company Profile

Lithium Ionic Corp had its IPO on under the ticker symbol LTHCF.

The company operates in the Basic Materials sector and Other Industrial Metals & Mining industry. Lithium Ionic Corp has a staff strength of 0 employees.

Stock update

Shares of Lithium Ionic Corp opened at $1.62 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.62 - $1.62, and closed at $1.62.

This is a -3.57% slip from the previous day's closing price.

A total volume of 150 shares were traded at the close of the day’s session.

In the last one week, shares of Lithium Ionic Corp have slipped by -10.99%.

Lithium Ionic Corp's Key Ratios

Lithium Ionic Corp has a market cap of $254.23 million, indicating a price to book ratio of 17.7688 and a price to sales ratio of 0.

In the last 12-months Lithium Ionic Corp’s revenue was $0 with a gross profit of $0 and an EBITDA of $-51307124. The EBITDA ratio measures Lithium Ionic Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Lithium Ionic Corp’s operating margin was 0% while its return on assets stood at -65.83% with a return of equity of -139.45%.

In Q2, Lithium Ionic Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Lithium Ionic Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.31 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Lithium Ionic Corp’s profitability.

Lithium Ionic Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

Lithium Ionic Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$12.13 million

Total Liabilities

$6.69 million

Operating Cash Flow

$0

Capital Expenditure

$76111

Dividend Payout Ratio

0%

Lithium Ionic Corp ended 2024 with $12.13 million in total assets and $0 in total liabilities. Its intangible assets were valued at $12.13 million while shareholder equity stood at $5.29 million.

Lithium Ionic Corp ended 2024 with $0 in deferred long-term liabilities, $6.69 million in other current liabilities, in common stock, $-64992928.00 in retained earnings and $0 in goodwill. Its cash balance stood at $8.79 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

Lithium Ionic Corp’s total current assets stands at $9.76 million while long-term investments were $0 and short-term investments were $0.00. Its net receivables were $462287.00 compared to accounts payable of $0 and inventory worth $0.

In 2024, Lithium Ionic Corp's operating cash flow was $0 while its capital expenditure stood at $76111.

Comparatively, Lithium Ionic Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.62

52-Week High

$2.24

52-Week Low

$0.755

Analyst Target Price

$

Lithium Ionic Corp stock is currently trading at $1.62 per share. It touched a 52-week high of $2.24 and a 52-week low of $2.24. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $1.8 and 200-day moving average was $1.67 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 2035.4% of the company’s stock are held by insiders while 2400.1% are held by institutions.