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Lithium Corporation  (LTUM)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials
 
Price: $0.0359 $0.00 10.802%
Day's High: $0.0409 Week Perf: 9.12 %
Day's Low: $ 0.04 30 Day Perf: 12.19 %
Volume (M): 50 52 Wk High: $ 0.11
Volume (M$): $ 2 52 Wk Avg: $0.05
Open: $0.04 52 Wk Low: $0.02



 Market Capitalization (Millions $) 4
 Shares Outstanding (Millions) 118
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Lithium Corporation
Lithium Corporation is a mineral exploration and development company focused on the acquisition and development of lithium projects in Nevada, USA. The company's main objective is to become a significant player in the growing lithium market. Lithium is a critical component used in the manufacturing of batteries for electric vehicles and renewable energy storage systems. Lithium Corporation aims to identify and acquire high-quality lithium deposits to meet the increasing demand in this sector.


   Company Address: 1031 Railroad St Elko 89801 NV
   Company Phone Number: 410-5287   Stock Exchange / Ticker: LTUM
   


   

Stock Performances by Major Competitors

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Lithium Corporation

Lithium Corporation Faces Financial Challenges, but Potential for Recovery Looms

The recent financial results of Lithium Corporation have certainly been a cause for concern among stockholders, as evidenced by the decline in share price over the past month and quarter. However, there are reasons to believe that this downward trend may only be temporary, and that the company has the potential to bounce back and deliver substantial returns for investors in the long run.
One of the key factors to consider is the company's operating deficit, which has increased from $-0.194889 million in the first quarter of 2023 to $-0.237488 million in the same period this year. While this may seem like a concerning trend, it is important to note that the company has not yet disclosed its revenue for the current reporting cycle. This means that the full picture of the company's financial performance is not yet complete, and there may still be opportunities for growth and improvement.

Lithium Corporation

Lithium Corporation's Shocking Business Downturn Sends Shareholders on Edge in Third Quarter of 2023

Lithium Corporation, one of the prominent players in the Metal Mining industry, recently reported a concerning operating deficit of $-0.168228 million for the third quarter of 2023. As the earnings season for the period of July to September 30, 2023, unfolds, many businesses have declared their numbers, but the shareholders of Lithium Corporation are eagerly awaiting further updates on the company's business model.
The shareholders are less interested in the recent organizational and operational excellence of LTUM, as they are already aware of the emerging growth potential of the corporation. This anticipation for future developments can be attributed to the fact that Lithium Corporation reported a larger shortfall of $-0.172 million, compared to $-0.104 million in the same period of the previous year.

Lithium Corporation

Lithium Corporation Reports Operating Deficit of $-0.125645 Million in Q2 2023



Lithium Corporation (Ticker: LTUM) has recently released its financial results for the earnings season of April to June 2023. While investors were initially optimistic about the company's performance, a closer look at the numbers reveals concerning trends. This article will delve into LTUM's operating deficit, net loss, and share performance, ultimately presenting a bearish outlook for the company.
Operating Deficit Marked as Positive Surprise:
During the Q2 2023 earnings season, LTUM's operating deficit stood at $-0.125645 million, which was an improvement from the operating deficit of $-0.873049 million in the corresponding reporting season a year ago. Although this improvement may have given some market participants confidence, it is important to note that the operating deficit is still significant. Investors should be wary of such a deficit as it indicates potential financial instability within the company.

Lithium Corporation

LTUM Faces Troubling Financial Challenges as Operating Shortfall Widens and Net Loss Deepens in Q1 2023

The Metal Mining industry veterans have analyzed the earnings report of Lithium Corporation for the first quarter of 2023. The corporation has reported an operating shortfall of $-0.194889 million for the January to March 31 reporting period. However, the corporation has not yet disclosed their top-line results.
To put this into context, in the first quarter of 2022, Lithium Corporation reported an operating shortfall of $-0.090725 million. This suggests that the corporation is facing challenges in its development stage, and it is imperative to increase business strategy and maintain liquidity.
During the first quarter of 2023, Lithium Corporation posted a net loss of $-0.268 million, which is a significant decline from its profitable performance in the first quarter of 2022. This indicates that Lithium Corporation needs to make strategic changes to its operations to reverse the loss.






 




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