Lithium Corporation (LTUM)
Lithium Corporation operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Elko, NV, US. The stock last traded at $0.05, down 2.63% on the session, giving a market capitalisation of $5.5M. On trailing twelve-month figures it carries a trailing P/E of -9.25, a net margin of 0.0%. Its beta of 1.07 implies it has historically moved more than the broad market.
Lithium Corporation functions as an exploration-stage mining entity, primarily engaged in identifying, acquiring, and developing metal and mineral resources throughout Nevada and British Columbia. Its exploration endeavors focus on a diverse array of deposits, such as lithium, boron, potassium, graphite, gold, silver, as well as titanium and rare earth elements. The company maintains ownership in several key properties. In west-central Nevada, specifically northern Esmeralda County, it controls the Fish Lake Valley property, which spans roughly 11,360 acres across 143 claims. Another Nevadan asset is the San Emidio property, located in Washoe County's northwestern region, encompassing approximately 1,600 acres across 10 claims. Beyond Nevada, Lithium Corporation holds rights to the BC Sugar Flake Graphite property, an expansive 19,816-acre site in the Cherryville area of British Columbia. Additionally, it possesses the Hughes claims, distributed across six separate prospective areas within Nevada. Founded in 2007, the company originally operated under the name Utalk Communications Inc. before officially adopting Lithium Corporation in September 2009. Its main operational base is located in Elko, Nevada.
Lithium Corporation is most often compared with the following Basic Materials names: