GBGD
Price:
$0.432
Market Cap:
$235.57K
Global Gold Corporation engages in the exploration, development, and mining of gold, silver, and other minerals in Armenia and Chile. The company holds interest in the Tukhmanuk property located in the North Central Armenian Belt; the Marjan property located in southwestern Armenia; and the Getik property located in northeastern Armenia. The company was formerly known as Triad Energy Corporation and changed its name to Global Gold Corporation in 1995. Global Gold Corporation was incorporated in 1980 and is based in Rye, New York.
Industry
Gold
IPO Date
2018-03-13
Stock Exchange
OTC
Ticker
GBGD
According to Global Gold Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.03. This represents a change of -30.33% compared to the average of 0.04 of the last 4 quarters.
The mean historical Current Ratio of Global Gold Corporation over the last ten years is 0.08. The current 0.03 Current Ratio has changed 3.35% with respect to the historical average. Over the past ten years (40 quarters), GBGD's Current Ratio was at its highest in in the September 2007 quarter at 2.33. The Current Ratio was at its lowest in in the June 2017 quarter at 0.04.
Average
0.08
Median
0.05
Minimum
0.03
Maximum
0.20
Discovering the peaks and valleys of Global Gold Corporation 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 = 47.55%
Maximum Annual Current Ratio = 0.20
Minimum Annual Increase = -54.45%
Minimum Annual Current Ratio = 0.03
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 0.03 | -34.48% |
| 2022 | 0.04 | 4.65% |
| 2021 | 0.04 | -1.16% |
| 2016 | 0.04 | -6.46% |
| 2015 | 0.04 | -18.50% |
| 2014 | 0.05 | -28.30% |
| 2013 | 0.07 | -54.45% |
| 2012 | 0.16 | 47.55% |
| 2011 | 0.11 | -45.23% |
| 2010 | 0.20 | 37.27% |
The current Current Ratio of Global Gold Corporation (GBGD) 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
0.04
5-year avg
0.04
10-year avg
0.08
Global Gold Corporation’s Current Ratio is less than New World Gold Corp. (0), less than Magnum Goldcorp Inc. (0.96), less than Troy Resources Limited (0.58), less than Q2 Gold Resources Inc. (0), greater than Trio Resources, Inc. (0.02), less than Southern Arc Minerals Inc. (0.43), greater than Kermode Resources Ltd. (0.03), less than Xmet Inc. (0.53), less than Blue Star Global, Inc. (8.97), less than Power Group Projects Corp. (0.08),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $23.96K | |
| 0.96 | $850.96K | |
| 0.58 | $213.29K | |
| 0 | $249.00 | |
| 0.02 | $253.81K | |
| 0.43 | $457.64K | |
| 0.03 | $191.61K | |
| 0.53 | $183.97K | |
| 8.97 | $225.16K | |
| 0.08 | $35.61K |
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