Advance Lithium Corp. (ADGCF) Stock

About Advance Lithium Corp.

Advance Lithium Corp. (ADGCF), an exploration-phase enterprise established in 2004 and based in Kamloops, Canada, is focused on the prospecting and assessment of mineral resources across Canada, Kenya, and Mexico. The company primarily seeks out deposits of lithium, precious metals, and materials used in fertilizers. Its holdings in Central Mexico encompass thirteen salars, which are salt flats containing lithium, potassium-boron, and boron. Additionally, in Zacatecas, Mexico, Advance Lithium fully owns both the Tabasquena silver mine and the Venaditas polymetallic project. In Kenya, the company holds a 9.78% stake in the advanced Kakamega gold project. Originally known as Advance Gold Corp., the company officially rebranded to Advance Lithium Corp. in December 2021.

Advance Lithium Corp. is headquartered in CA.

Advance Lithium Corp. (ADGCF) stock trades at $0.01 with a market capitalization of $1.58M. The stock is valued at a negative price-to-earnings (P/E) ratio of -3.87, reflecting a net loss over the last twelve months, price-to-book of 0.96, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $0.01 and $0.01, and currently trades at or near its 52-week high.

On profitability, Advance Lithium Corp. generates a return on equity (ROE) of -31.28% (negative, reflecting a net loss), return on capital employed of -24.77%.

Official website: advancelithiumcorp.com