FREDF
Price:
$0.173
Market Cap:
$7.89M
Fredonia Mining Inc. engages in the exploration of gold and silver resources. Its flagship project is the El Dorado Monserrat project that comprises various license blocks covering approximately 6,000 ha. The company was incorporated in 2012 and is headquartered in Toronto, Canada.
Industry
Other Precious Metals
IPO Date
2021-09-01
Stock Exchange
OTC
Ticker
FREDF
According to Fredonia Mining Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.72. This represents a change of -21.68% compared to the average of 0.92 of the last 4 quarters.
The mean historical Current Ratio of Fredonia Mining Inc. over the last ten years is 2.49. The current 0.72 Current Ratio has changed 2.80% with respect to the historical average. Over the past ten years (40 quarters), FREDF's Current Ratio was at its highest in in the June 2022 quarter at 9.15. The Current Ratio was at its lowest in in the December 2016 quarter at 0.
Average
2.49
Median
0.91
Minimum
0
Maximum
11.13
Discovering the peaks and valleys of Fredonia Mining 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 = Infinity%
Maximum Annual Current Ratio = 11.13
Minimum Annual Increase = -95.15%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.08 | 47.90% |
| 2023 | 0.73 | -88.01% |
| 2022 | 6.11 | 119.64% |
| 2021 | 2.78 | 12.37% |
| 2020 | 0.02 | -65.85% |
| 2019 | 0.07 | -52.70% |
| 2018 | 0.14 | -95.15% |
| 2017 | 2.85 | -74.39% |
| 2016 | 11.13 | Infinity% |
The current Current Ratio of Fredonia Mining Inc. (FREDF) 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
2.64
5-year avg
2.15
10-year avg
2.49
Fredonia Mining Inc.’s Current Ratio is less than Blackwolf Copper and Gold Ltd. (3.94), greater than Gold79 Mines Ltd. (0.64), greater than Regency Silver Corp. (0.14), greater than Nevada Zinc Corporation (0.19), less than ESGold Corp. (2.10), less than C2C Gold Corp. (9.57), greater than Margaret Lake Diamonds Inc. (0.40), less than Landore Resources Limited (7.08), less than Millrock Resources Inc. (0), less than Ophir Gold Corp. (18.29),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.94 | $12.13M | |
| 0.64 | $16.75M | |
| 0.14 | $13.82M | |
| 0.19 | $14.59M | |
| 2.10 | $16.46M | |
| 9.57 | $13.63M | |
| 0.40 | $812.76K | |
| 7.08 | $37.14K | |
| 0 | $9.70M | |
| 18.29 | $12.81M |
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