Dreadnought Resources Ltd

Dreadnought Resources Ltd - Current Ratioverified

DRDNF

Price:

$0.04

Market Cap:

$74.43M

Dreadnought Resources Limited operates as a natural resource firm specializing in mineral exploration and development. The company's primary emphasis is on identifying and advancing gold deposits, particularly within the Tanami region of Australia's Northern Territory. Its current portfolio of exploration assets features the Illaara Gold project, the Rocky Dam Gold & VMS Project, and the Tarraji-Yampi Ni-Cu-Au initiative.

Industry

Industrial Materials

IPO Date

2020-02-18

Stock Exchange

OTC

Ticker

DRDNF

The Current Ratio as of August 2026 (TTM) for Dreadnought Resources Ltd (DRDNF) is 25.37

According to Dreadnought Resources Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 25.37. This represents a change of 160.75% compared to the average of 9.73 of the last 4 quarters.

Dreadnought Resources Ltd (DRDNF) Historical Current Ratio (quarterly & annually)

How has DRDNF Current Ratio performed in the past?

The mean historical Current Ratio of Dreadnought Resources Ltd over the last ten years is 3.32. The current 25.37 Current Ratio has changed 76.28% with respect to the historical average. Over the past ten years (40 quarters), DRDNF's Current Ratio was at its highest in in the June 2007 quarter at 56.41. The Current Ratio was at its lowest in in the January 2007 quarter at 0.

Quarterly (TTM)
Annual

Average

3.32

Median

2.99

Minimum

0.53

Maximum

9.50

Dreadnought Resources Ltd (DRDNF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Dreadnought Resources Ltd 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 = 607.71%

Maximum Annual Current Ratio = 9.50

Minimum Annual Increase = -84.93%

Minimum Annual Current Ratio = 0.53

Quarterly (TTM)
Annual
YearCurrent RatioChange
20259.50494.91%
20241.60-43.99%
20232.8532.91%
20222.14-42.32%
20213.72607.71%
20200.53-84.93%
20193.4911.66%
20183.12-18.75%
20173.8457.76%
20162.44549.25%

Dreadnought Resources Ltd (DRDNF) Average Current Ratio

How has DRDNF Current Ratio performed in the past?

The current Current Ratio of Dreadnought Resources Ltd (DRDNF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

4.65

5-year avg

3.96

10-year avg

3.32

Dreadnought Resources Ltd (DRDNF) Current Ratio vs. Peers

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

Dreadnought Resources Ltd’s Current Ratio is greater than Olive Resource Capital Inc. (0), greater than GoldHaven Resources Corp. (1.08), greater than Cadoux Limited (1.50), greater than Terra Clean Energy Corp. (10.19), greater than Silver Spruce Resources Inc. (2.55), greater than Nevada Sunrise Metals Corporation (18.35), greater than Golden Lake Exploration Inc. (0.04), greater than Murchison Minerals Ltd. (4.43), greater than Sky Gold Corp. (0.37), less than SKRR Exploration Inc. (161.20),

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