Friday, July 08, 2011 10:44:14 AM
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Media Article - July 6, 2011
OTCBB: LTUM
High current ratio detected in LTUM
Jul 06, 2011 (SmarTrend(R) News Watch via COMTEX) -- Below are the five companies in the Diversified Metals & Mining industry with the highest Current Ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.
Western Lithium USA Corp (NASDAQ:WLCDF) ranks highest with Current Ratio of 33.87; Lithium (NASDAQ:LTUM) ranks next with Current Ratio of 32.04; and Mines Management (AMEX:MGN) ranks next highest with Current Ratio of 17.07.
Molycorp (NYSE:MCP - Snapshot Report) follows with Current Ratio of 13.54 and Entree Gold (AMEX:EGI) rounds out the group with Current Ratio of 13.38.
For further information please contact:
Lithium Corporation at
(888) 299-3989
or
info@lithiumcorporation.com
About Lithium Corporation
Lithium Corporation is an exploration company based in Nevada devoted to the exploration for new lithium resources primarily within the state of Nevada. The Company explores and eventually hopes to develop potentially economic lithium-enriched brine fields, with an eye to becoming a long-term producer of this increasingly strategic and economically important commodity.
Notice Regarding Forward-Looking Statements
This media article is written by a third party that has no affiliation with Lithium Corporation whatsoever. The opinions expressed in this article are not connected with nor implied as accurate by the management, directors, or officers of Lithium Corporation and should not be relied upon as statement of facts.
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