Margaret Lake Diamonds Inc.

Margaret Lake Diamonds Inc.verified

DDIAF

Price:

$0.0856

Market Cap:

$1.50M

Margaret Lake Diamonds Inc., an exploration stage company, engages in the acquisition and exploration of mineral resource properties in Canada. The company holds interests in the Old Nick Nickel-Cobalt project; and the Letain Nickel-Cobalt project located in British Columbia. It has option to acquire a 100% interest in the Mormon Lake Uranium property located near Payson, Arizona. Margaret Lake Diamonds Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada.

Industry

Other Precious Metals

IPO Date

2018-03-21

Stock Exchange

OTC

Ticker

DDIAF

The Current Ratio as of December 2025 (TTM) for Margaret Lake Diamonds Inc. (DDIAF) is 0.40

According to Margaret Lake Diamonds Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.40. This represents a change of 49.16% compared to the average of 0.27 of the last 4 quarters.

Margaret Lake Diamonds Inc. (DDIAF) Historical Current Ratio (quarterly & annually)

How has DDIAF Current Ratio performed in the past?

The mean historical Current Ratio of Margaret Lake Diamonds Inc. over the last ten years is 0.70. The current 0.40 Current Ratio has changed 5.60% with respect to the historical average. Over the past ten years (40 quarters), DDIAF's Current Ratio was at its highest in in the February 2017 quarter at 46.88. The Current Ratio was at its lowest in in the August 2021 quarter at 0.03.

Quarterly (TTM)
Annual

Average

0.70

Median

0.41

Minimum

0.04

Maximum

2.61

Margaret Lake Diamonds Inc. (DDIAF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Margaret Lake Diamonds Inc. 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 = 696.55%

Maximum Annual Current Ratio = 2.61

Minimum Annual Increase = -96.26%

Minimum Annual Current Ratio = 0.04

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.4029.73%
20240.31-28.04%
20230.43696.55%
20220.0524.41%
20210.042.45%
20200.04-96.26%
20191.13-56.64%
20182.61130.09%
20171.1329.40%
20160.8817.16%

Margaret Lake Diamonds Inc. (DDIAF) Average Current Ratio

How has DDIAF Current Ratio performed in the past?

The current Current Ratio of Margaret Lake Diamonds Inc. (DDIAF) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.38

5-year avg

0.25

10-year avg

0.70

Margaret Lake Diamonds Inc. (DDIAF) Current Ratio vs. Peers

How is DDIAF’s Current Ratio compared to its peers?

Margaret Lake Diamonds Inc.’s Current Ratio is less than Millrock Resources Inc. (0), less than U3O8 Corp. (2.00), less than Blackwolf Copper and Gold Ltd. (3.94), greater than Metallum Resources Inc. (0.08), greater than Thomson Resources Ltd (0.00), less than Imperial Mining Group Ltd. (0.52), less than Palladium One Mining Inc. (20.95), less than Superbag Company, Limited (1.35), less than Altaley Mining Corporation (0.90), less than Visionary Copper & Gold Mines Inc. (0.85),

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