ERKA.CN
Price:
$0.2
Market Cap:
$2.18M
Eureka Lithium Corp., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in Canada. It has an option to acquire a 75% interest in the North McKinney property comprises five mineral claims totaling 1,289 hectares located on the southeast slope of Mt. Baldy in southern British Columbia. The company was formerly known as Scout Minerals Corp. and changed its name to Eureka Lithium Corp. in June 2023. The company was incorporated in 2021 and is headquartered in Vancouver, Canada.
Industry
Industrial Materials
IPO Date
2022-07-14
Stock Exchange
CNQ
Ticker
ERKA.CN
According to Eureka Lithium Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.34. This represents a change of -31.38% compared to the average of 0.50 of the last 4 quarters.
The mean historical Current Ratio of Eureka Lithium Corp. over the last ten years is 11.60. The current 0.34 Current Ratio has changed 193.83% with respect to the historical average. Over the past ten years (40 quarters), ERKA.CN's Current Ratio was at its highest in in the September 2022 quarter at 112.35. The Current Ratio was at its lowest in in the March 2022 quarter at 0.
Average
11.60
Median
3.32
Minimum
0.41
Maximum
39.36
Discovering the peaks and valleys of Eureka Lithium 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 = 60.99%
Maximum Annual Current Ratio = 39.36
Minimum Annual Increase = -93.54%
Minimum Annual Current Ratio = 0.41
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.41 | -89.88% |
| 2023 | 4.10 | 60.99% |
| 2022 | 2.54 | -93.54% |
The current Current Ratio of Eureka Lithium Corp. (ERKA.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
2.35
5-year avg
11.60
10-year avg
11.60
Eureka Lithium Corp.’s Current Ratio is greater than POWR Lithium Corp. (0.21), greater than Eco Oro Minerals Corp. (0.05), greater than Golden Goliath Resources Ltd. (0.05), less than District Copper Corp. (4.05), greater than Thunderstruck Resources Ltd. (0.18), less than Québec Nickel Corp. (42.28), greater than Beyond Lithium Inc. (0.17), greater than Goldrea Resources Corp. (0.22), less than Lexston Mining Corporation (0.80), greater than Centurion Minerals Ltd. (0.03),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.21 | $1.97M | |
| 0.05 | $1.60M | |
| 0.05 | $2.93M | |
| 4.05 | $1.74M | |
| 0.18 | $2.14M | |
| 42.28 | $1.62M | |
| 0.17 | $2.38M | |
| 0.22 | $3.47M | |
| 0.80 | $883.51K | |
| 0.03 | $1.95M |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Eureka Lithium Corp. (ERKA.CN)?
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