FDMIF
Price:
$3.5
Market Cap:
$489.01M
Founders Metals Inc. engages in the acquisition, exploration, and development of gold properties in Canada. It holds interests in the Elmtree gold project that includes 49 contiguous mineral claims covering an area of 1,063,326 hectares located in New Brunswick; and the Antino gold project covering an area of 23,800 hectares located in southeastern Suriname. The company is headquartered 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 9.72. This represents a change of 20.10% compared to the average of 8.09 of the last 4 quarters.
The mean historical Current Ratio of Founders Metals Inc. over the last ten years is 8.73. The current 9.72 Current Ratio has changed 11.03% 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
8.73
Median
0.15
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 |
|---|---|---|
| 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% |
| 2009 | 0.08 | -95.15% |
The current Current Ratio of Founders Metals Inc. (FDMIF) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
25.88
5-year avg
17.40
10-year avg
8.73
Founders Metals Inc.’s Current Ratio is greater than Sitka Gold Corp. (7.20), greater than Anglo Asian Mining PLC (1.17), greater than First Mining Gold Corp. (0.97), greater than Thesis Gold Inc. (7.01), greater than Amex Exploration Inc. (3.11), greater than Goldgroup Mining Inc. (0.38), greater than Jaguar Mining Inc. (1.18), greater than Liberty Gold Corp. (6.30), greater than EGR Exploration Ltd. (0.95), greater than Serabi Gold plc (2.63),
| Company | Current Ratio | Market cap |
|---|---|---|
| 7.20 | $295.50M | |
| 1.17 | $363.13M | |
| 0.97 | $462.94M | |
| 7.01 | $413.74M | |
| 3.11 | $405.60M | |
| 0.38 | $234.48M | |
| 1.18 | $405.45M | |
| 6.30 | $311.13M | |
| 0.95 | $4.65M | |
| 2.63 | $287.03M |
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