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 | −74.3x | −21.6x | 4.7x | |
PEG Ratio | −0.79 | 0.17 | 0.00 | |
Price / Book | 19.5x | 3.1x | 1.6x | |
Price / LTM Sales | - | 13.4x | 1.4x | |
Upside (Analyst Target) | 227.3% | 59.0% | 24.3% | |
Fair Value Upside | Unlock | −1.7% | −0.6% | Unlock |