DMEHF
Price:
$0.185
Market Cap:
$24.49M
Desert Mountain Energy Corp. is an enterprise primarily involved in the exploration and development of oil, gas, and various mineral properties. Its operations extend across the United States, Canada, and other international locations. The company possesses an interest in the Holbrook Basin helium project, which covers 65,912 acres in Northern Arizona. Additionally, it oversees the Kight Gilcrease Sand Unit, an oil and gas venture in Oklahoma's Seminole County featuring seven wells across 883.7 acres. The firm has also secured an 8,510-acre parcel in Navajo County, Arizona. Incorporated in 2008, Desert Mountain Energy Corp. was previously known as African Queen Mines Ltd., adopting its curre...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2009-05-08
Stock Exchange
OTC
Ticker
DMEHF
According to Desert Mountain Energy Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 2.57. This represents a change of 31.26% compared to the average of 1.96 of the last 4 quarters.
The mean historical Current Ratio of Desert Mountain Energy Corp. over the last ten years is 23.46. The current 2.57 Current Ratio has changed 994.25% with respect to the historical average. Over the past ten years (40 quarters), DMEHF's Current Ratio was at its highest in in the June 2021 quarter at 237.31. The Current Ratio was at its lowest in in the June 2018 quarter at 0.39.
Average
23.46
Median
5.15
Minimum
0.45
Maximum
141.75
Discovering the peaks and valleys of Desert Mountain Energy Corp. 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 = 1.58%
Maximum Annual Current Ratio = 141.75
Minimum Annual Increase = -89.16%
Minimum Annual Current Ratio = 0.45
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.46 | -62.80% |
| 2024 | 3.93 | -72.27% |
| 2023 | 14.19 | 149.34% |
| 2022 | 5.69 | -89.16% |
| 2021 | 52.51 | -62.96% |
| 2020 | 141.75 | 1.58% |
| 2019 | 8.42 | 82.33% |
| 2018 | 4.62 | 201.74% |
| 2017 | 1.53 | 240.86% |
| 2016 | 0.45 | -71.54% |
The current Current Ratio of Desert Mountain Energy Corp. (DMEHF) 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
6.53
5-year avg
15.56
10-year avg
23.46
Desert Mountain Energy Corp.’s Current Ratio is greater than Jericho Energy Ventures Inc. (0.02), greater than Eco (Atlantic) Oil & Gas Ltd. (2.45), greater than Guardian Exploration Inc. (0.08), greater than Wilton Resources Inc. (1.14), greater than Altima Resources Ltd. (0.09), greater than Brookside Energy Limited (0.78), less than Sound Energy plc (2.95), greater than NXT Energy Solutions Inc. (2.34), greater than Petrofac Limited (0.72), less than Appia Rare Earths & Uranium Corp. (8.07),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.02 | $36.43M | |
| 2.45 | $239.99M | |
| 0.08 | $73.89M | |
| 1.14 | $24.94M | |
| 0.09 | $78.26K | |
| 0.78 | $32.76M | |
| 2.95 | $6.29M | |
| 2.34 | $37.05M | |
| 0.72 | $5.26K | |
| 8.07 | $20.15M |
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