Lithium Ionic receives Investment Bank Analyst Rating Update
- Investing.com
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Lithium Ionic Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of lithium properties in Brazil. Its flagship properties include a 100% interest in the Itinga lithium project with seven mineral licenses covering an area of approximately 1,300 hectares located in the Aracuai lithium province; and 85% interest in the Salinas project located in the northeastern part of Minas Gerais state. The company is based in Toronto, Canada.
Metrics to compare | LTH | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipLTHPeersSector | |
|---|---|---|---|---|
P/E Ratio | −89.8x | −16.1x | 6.0x | |
PEG Ratio | −0.96 | 0.11 | 0.00 | |
Price/Book | 23.6x | 2.3x | 1.6x | |
Price / LTM Sales | - | 14.5x | 1.3x | |
Upside (Analyst Target) | 172.7% | 47.3% | 26.2% | |
Fair Value Upside | Unlock | −1.1% | −0.7% | Unlock |