ACDX.CN
Price:
$0.52
Market Cap:
$9.66M
American Copper Development Corporation engages in the exploration and development of mineral properties in Canada. It primarily explores for copper and gold deposits. It has an option to acquire a 100% undivided interest in the Chuchi South project that includes 13 mineral claims covering 3118.7 hectares located in Nanaimo mining division, British Columbia. American Copper Development Corporation was incorporated in 2020 and is headquartered in Vancouver, Canada.
Industry
Other Precious Metals
IPO Date
2021-07-27
Stock Exchange
CNQ
Ticker
ACDX.CN
According to American Copper Development Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.62. This represents a change of 216.34% compared to the average of 0.51 of the last 4 quarters.
The mean historical Current Ratio of American Copper Development Corporation over the last ten years is 5.26. The current 1.62 Current Ratio has changed 2.98% with respect to the historical average. Over the past ten years (40 quarters), ACDX.CN's Current Ratio was at its highest in in the June 2022 quarter at 17.58. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
5.26
Median
3.40
Minimum
0.22
Maximum
17.24
Discovering the peaks and valleys of American Copper Development Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 407.46%
Maximum Annual Current Ratio = 17.24
Minimum Annual Increase = -87.86%
Minimum Annual Current Ratio = 0.22
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.22 | -63.32% |
| 2023 | 0.59 | -87.86% |
| 2022 | 4.87 | -71.78% |
| 2021 | 17.24 | 407.46% |
The current Current Ratio of American Copper Development Corporation (ACDX.CN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.89
5-year avg
5.26
10-year avg
5.26
American Copper Development Corporation’s Current Ratio is greater than Loyalist Exploration Limited (0.08), greater than Cartier Silver Corporation (0.72), greater than Enduro Metals Corporation (1.31), less than Pacific Ridge Exploration Ltd. (9.07), less than Gold Hunter Resources Inc. (244.05), less than Harvest Gold Corporation (7.25), less than Targa Exploration Corp. (3.47), greater than Chakana Copper Corp. (0.31), greater than Decade Resources Ltd. (0.16), greater than Mountain Province Diamonds Inc. (0.87),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.08 | $9.22M | |
| 0.72 | $10.10M | |
| 1.31 | $7.78M | |
| 9.07 | $9.21M | |
| 244.05 | $6.17M | |
| 7.25 | $5.73M | |
| 3.47 | $8.06M | |
| 0.31 | $2.92M | |
| 0.16 | $6.85M | |
| 0.87 | $10.62M |
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