FNM.V
Price:
$0.465
Market Cap:
$85.29M
First Nordic Metals Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Sweden. The company explores for gold, silver, copper, and zinc deposits. Its principal property is the Barsele gold project, a 45% owned project that covers an area of approximately 47,000 hectares located in Västerbottens Län, Northern Sweden. The company was incorporated in 2013 and is headquartered in Vancouver, Canada.
Industry
Other Precious Metals
IPO Date
2016-07-08
Stock Exchange
TSX
Ticker
FNM.V
According to First Nordic Metals Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.10. This represents a change of -90.97% compared to the average of 12.16 of the last 4 quarters.
The mean historical Current Ratio of First Nordic Metals Corp. over the last ten years is 19.56. The current 1.10 Current Ratio has changed 461.26% with respect to the historical average. Over the past ten years (40 quarters), FNM.V's Current Ratio was at its highest in in the October 2015 quarter at 475.32. The Current Ratio was at its lowest in in the December 2023 quarter at 1.10.
Average
19.56
Median
16.49
Minimum
1.10
Maximum
42.97
Discovering the peaks and valleys of First Nordic Metals 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 = 175.34%
Maximum Annual Current Ratio = 42.97
Minimum Annual Increase = -89.06%
Minimum Annual Current Ratio = 1.10
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.10 | -89.06% |
| 2022 | 10.04 | -10.44% |
| 2021 | 11.21 | 175.34% |
| 2020 | 4.07 | -87.65% |
| 2019 | 32.97 | -23.29% |
| 2018 | 42.97 | 32.71% |
| 2017 | 32.38 | 48.77% |
The current Current Ratio of First Nordic Metals Corp. (FNM.V) 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
7.45
5-year avg
11.88
10-year avg
19.56
First Nordic Metals Corp.’s Current Ratio is less than Scottie Resources Corp. (24.49), greater than NevGold Corp. (0.74), less than Patagonia Gold Corp. (3.25), greater than Lucara Diamond Corp. (0.37), less than Teuton Resources Corp. (18.72), greater than Defiance Silver Corp. (1.09), less than Cordoba Minerals Corp. (3.31), less than Arras Minerals Corp. (20.20), less than E3 Lithium Limited (6.11), less than Solitario Zinc Corp. (17.26),
| Company | Current Ratio | Market cap |
|---|---|---|
| 24.49 | $81.95M | |
| 0.74 | $101.87M | |
| 3.25 | $72.08M | |
| 0.37 | $84.33M | |
| 18.72 | $76.41M | |
| 1.09 | $87.36M | |
| 3.31 | $77.82M | |
| 20.20 | $98.69M | |
| 6.11 | $68.82M | |
| 17.26 | $81.81M |
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