LTUM Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 05, 2024

Report Source: 2024 1st Quarter Report

Lithium Corp

Lithium Corp. Stock Analysis LTUM

United States Materials Nano Cap Report:
Lithium Corp. is an exploration stage mining company, which engages in the identification, acquisition and exploration of metals and minerals with a focus on lithium mineralization on properties. The company is headquartered in Elko, Nevada and currently employs 0 full-time employees. The company went IPO on 2009-09-15. The firm focuses on lithium mineralization on properties located in Nevada, and graphite and other energy metals properties in British Columbia. The Company’s operational focus is to conduct generative exploration activities in Nevada and in British Columbia. The Company’s mineral properties include Fish Lake Valley Property, San Emidio Property, BC Sugar Flake Graphite Property, The Hughes Claims, North Big Smoky Property, and British Columbia Tantalum/REE/Titanium Properties. Fish Lake Valley Property is a lithium/boron/potassium-enriched playa (also known as a salar, or salt pan), which is located in northern Esmeralda County in west central Nevada. The Fish Lake Valley Project in Esmeralda County, Nevada, west central Nevada, consists of the Company’s owned 297 placer claims totaling 10,972 acres (4,440 hectares). The San Emidio property is located in Washoe County in northwestern Nevada.
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Lithium Corp (LTUM) Chart

Key Statistics of Lithium Corp (LTUM)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$0.06$0.07

Today's Open

$0.06

Volume

96.51K

P/E Ratio (TTM)

-

52 Week Range

$0.02$0.44

Market Cap

8.16M

Avg. Volume

129.65K

Dividend Yield

-

Financial Metrics & Statements of Lithium Corp (LTUM)

FAQ's for Lithium Corp (LTUM)

  • According to Musaffa’s Shariah screening methodology, Lithium Corp (LTUM) is currently classified as NOT HALAL as of July 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.

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