Frontier Lithium Inc is Shariah compliant. The company’s financials pass three standards and fail in two.
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FL – Frontier Lithium Inc
Compliant
★★★☆☆
- Commodity Chemicals
- Toronto Venture Exchange
- July 16, 2022
$577,281,724
Market cap
-
Revenue Growth
STRONG BUY
Analysts' Rating
AAOIFI
S&P
DJIM
FTSE
MSCI
AAOIFI
AAOIFI ✓
| Debt ÷ Market cap (MC) | 0.01% | ✓ |
| Non-Compliant Assets ÷ MC | 0% | ✓ |
S&P
S&P ✓
| Debt ÷ 36 mo MC | 0.05% | ✓ |
| Cash ÷ 36 mo MC | 6.61% | ✓ |
| AR ÷ 36 mo MC | % |
DJIM
DJIM ✓
| Debt ÷ 24 mo MC | 0.03% | ✓ |
| Cash ÷ 24 mo MC | 4.7% | ✓ |
| AR ÷ 24 mo MC | % |
FTSE
FTSE ✗
| Debt ÷ Assets | 0.29% | ✓ |
| Cash ÷ Assets | 41.01% | ✗ |
| Cash&AR ÷ Assets | 41.01% | ✓ |
MSCI
MSCI ✗
| Debt ÷ Assets | 0.29% | ✓ |
| Cash ÷ Assets | 41.01% | ✗ |
| Cash&AR ÷ Assets | 41.01% | ✗ |
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Recommendation Rating
1.5
1
2
3
4
5
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Analysts’ Price Targets
Mean 3.36
Low: 3.17
High: 3.56
Total Analysts: 0
Company Profile
Frontier Lithium Inc. is a Canada-based emerging lithium mineral and chemicals company. The Company is focused on the development of its 100%-owned PAK Lithium Project in Ontario. The PAK Lithium Project covers approximately 26,774 hectares along 65 kilometers of Ontario’s Electric Avenue. The Company has delineated two spodumene-bearing lithium deposits, such as PAK and Spark, located approximately 2.3 kilometers apart. It has also explored two other spodumene-bearing discoveries, such as Bolt pegmatite, which is located between the PAK and Spark deposits, as well as the Pennock pegmatite, located approximately 30 kilometers northwest of PAK Deposit within the project claims. The Company is also focused on producing battery-grade lithium hydroxide and other chemicals to the growing electric vehicle and energy storage markets in North America as well as premium mineral concentrates supplier for glass manufacturers.
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