EVXXF
Price:
$0.36
Market Cap:
$18.11M
European Electric Metals Inc. engages in the acquisition and exploration of natural resource properties. It holds 30% interest in the Borba 2 copper project located in Portugal. The company was formerly known as Tirex Resources Ltd. and changed its name to European Electric Metals Inc. in January 2018. European Electric Metals Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.
Industry
Industrial Materials
IPO Date
2007-11-09
Stock Exchange
OTC
Ticker
EVXXF
According to European Electric Metals Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.57. This represents a change of 11.95% compared to the average of 2.30 of the last 4 quarters.
The mean historical Current Ratio of European Electric Metals Inc. over the last ten years is 0.53. The current 2.57 Current Ratio has changed 48.51% with respect to the historical average. Over the past ten years (40 quarters), EVXXF's Current Ratio was at its highest in in the January 2023 quarter at 2.66. The Current Ratio was at its lowest in in the October 2022 quarter at 0.37.
Average
0.53
Median
0.03
Minimum
0.01
Maximum
2.57
Discovering the peaks and valleys of European Electric Metals 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 = 9.41%
Maximum Annual Current Ratio = 2.57
Minimum Annual Increase = -62.42%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 2.57 | 9.41% |
| 2022 | 0.03 | 205.39% |
| 2021 | 0.01 | -13.34% |
| 2020 | 0.01 | -62.42% |
The current Current Ratio of European Electric Metals Inc. (EVXXF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.87
5-year avg
0.53
10-year avg
0.53
European Electric Metals Inc.’s Current Ratio is less than Orford Mining Corporation (3.99), greater than Giga Metals Corporation (0.92), greater than Tasman Resources Ltd (0.48), less than Voyageur Mineral Explorers Corp. (72.37), greater than Meryllion Resources Corp. (0.54), less than American Future Fuel Corporation (16.09), greater than Power Minerals Limited (1.01), less than Aston Minerals Limited (18.28), greater than White Rock Minerals Ltd (1.20), less than District Metals Corp. (12.81),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.99 | $17.34M | |
| 0.92 | $19.26M | |
| 0.48 | $2.34M | |
| 72.37 | $19.50M | |
| 0.54 | $4.58M | |
| 16.09 | $19.59M | |
| 1.01 | $10.46M | |
| 18.28 | $15.27M | |
| 1.20 | $15.79M | |
| 12.81 | $21.02M |
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What is the 5-year average Current Ratio for European Electric Metals Inc. (EVXXF)?
How does the current Current Ratio for European Electric Metals Inc. (EVXXF) compare to its historical average?