Argentina Lithium & Energy Corp. (PNXLF)
Argentina Lithium & Energy Corp. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.24, down 6.90% on the session, giving a market capitalisation of $31.7M. On trailing twelve-month figures it carries a trailing P/E of -0.57, a net margin of 0.0%. Its beta of 0.60 implies it has historically moved less than the broad market.
Argentina Lithium & Energy Corp. functions as a nascent company focused on discovering minerals, primarily engaged in identifying, evaluating, and securing natural resource sites across Argentina. The company maintains outright ownership of the Incahuasi lithium project, which consists of approximately 13,372 hectares of approved mineral concessions within Argentina's Catamarca Province. Additionally, it possesses the exclusive rights to fully acquire several other ventures: the Antofalla and Pocitos lithium projects, spanning a combined 26,000 hectares, and the Rincon West project, covering 2,370 hectares, all situated in Salta, Argentina. Founded in 2000, the company previously operated under the name Iron South Mining Corp. before rebranding to Argentina Lithium & Energy Corp. in September 2016. Its main corporate office is located in Vancouver, Canada.
Argentina Lithium & Energy Corp. is most often compared with the following Basic Materials names: