FDMIF
Price:
$3.242
Market Cap:
$533.34M
Founders Metals Inc. concentrates its efforts on the procurement, investigation, and subsequent advancement of gold deposits, predominantly operating from its base in Canada. The company's asset portfolio notably includes the extensive Elmtree gold project, situated in New Brunswick, which comprises 49 interconnected mineral claims spread across 1,063,326 hectares. Additionally, Founders Metals holds an interest in the Antino gold project, an area spanning 23,800 hectares located in the southeastern region of Suriname. The firm's principal place of business is located in Vancouver, Canada.
Industry
Gold
IPO Date
2023-08-29
Stock Exchange
OTC
Ticker
FDMIF
According to Founders Metals Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.51. This represents a change of -13.06% compared to the average of 6.34 of the last 4 quarters.
The mean historical Current Ratio of Founders Metals Inc. over the last ten years is 9.07. The current 5.51 Current Ratio has changed 5.97% with respect to the historical average. Over the past ten years (40 quarters), FDMIF's Current Ratio was at its highest in in the May 2022 quarter at 95.22. The Current Ratio was at its lowest in in the November 2018 quarter at 0.
Average
9.07
Median
0.95
Minimum
0
Maximum
73.36
Discovering the peaks and valleys of Founders 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 = 0%
Maximum Annual Current Ratio = 73.36
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.51 | 107.37% |
| 2024 | 1.69 | -34.85% |
| 2023 | 2.60 | -96.46% |
| 2022 | 73.36 | 682.50% |
| 2021 | 9.37 | 883.66% |
| 2020 | 0.00 | -99.51% |
| 2019 | 0.21 | Infinity% |
| 2018 | 0 | 0% |
| 2017 | 0 | 0% |
| 2016 | 0 | -100.00% |
The current Current Ratio of Founders Metals Inc. (FDMIF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.60
5-year avg
18.11
10-year avg
9.07
Founders Metals Inc.’s Current Ratio is greater than Sitka Gold Corp. (3.96), greater than Anglo Asian Mining PLC (1.22), greater than First Mining Gold Corp. (2.16), less than Thesis Gold Inc. (20.54), greater than Amex Exploration Inc. (3.79), greater than Goldgroup Mining Inc. (0.38), greater than Jaguar Mining Inc. (1.29), less than Liberty Gold Corp. (8.74), greater than EGR Exploration Ltd. (0.48), greater than Serabi Gold plc (4.22),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.96 | $316.78M | |
| 1.22 | $491.04M | |
| 2.16 | $583.72M | |
| 20.54 | $608.11M | |
| 3.79 | $528.97M | |
| 0.38 | $334.70M | |
| 1.29 | $371.19M | |
| 8.74 | $594.58M | |
| 0.48 | $125.75M | |
| 4.22 | $365.51M |
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