GFGSF
Price:
$0.16
Market Cap:
$66.93M
GFG Resources Inc. operates as a precious metals explorer, actively engaging in the acquisition, exploration, and advancement of gold properties across both Canada and the United States. Its portfolio includes a 100% ownership of the Pen gold project, an expanse of roughly 445 square kilometers made up of 162 claims situated southwest of Timmins, Ontario. The company also fully controls the Dore gold project, covering approximately 212 square kilometers within Ontario. Additionally, GFG Resources maintains a complete interest in the Rattlesnake Hills gold project in Natrona County, Wyoming, an approximately 30,400-acre site encompassing 1,573 unpatented lode mining claims and 8 state mining ...[Read more]
Industry
Gold
IPO Date
2017-01-03
Stock Exchange
OTC
Ticker
GFGSF
According to GFG Resources Inc’s latest financial reports and current stock price. The company's current Current Ratio is 4.14. This represents a change of -22.33% compared to the average of 5.33 of the last 4 quarters.
The mean historical Current Ratio of GFG Resources Inc over the last ten years is 6.32. The current 4.14 Current Ratio has changed 6.45% with respect to the historical average. Over the past ten years (40 quarters), GFGSF's Current Ratio was at its highest in in the March 2017 quarter at 73.47. The Current Ratio was at its lowest in in the March 2024 quarter at 1.66.
Average
6.32
Median
3.69
Minimum
0.89
Maximum
31.91
Discovering the peaks and valleys of GFG Resources 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 = 3.47%
Maximum Annual Current Ratio = 31.91
Minimum Annual Increase = -85.61%
Minimum Annual Current Ratio = 0.89
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 6.72 | 191.41% |
| 2024 | 2.31 | -39.52% |
| 2023 | 3.81 | -2.33% |
| 2022 | 3.90 | 43.99% |
| 2021 | 2.71 | -24.21% |
| 2020 | 3.58 | 29.22% |
| 2019 | 2.77 | -39.74% |
| 2018 | 4.59 | -85.61% |
| 2017 | 31.91 | 3.47% |
| 2016 | 0.89 | 46.73% |
The current Current Ratio of GFG Resources Inc (GFGSF) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
4.28
5-year avg
3.89
10-year avg
6.32
GFG Resources Inc’s Current Ratio is less than American Pacific Mining Corp. (15.30), greater than Headwater Gold Inc. (1.45), less than Big Ridge Gold Corp. (15.16), less than Gold Strike Resources Corp. (18.86), greater than Cassiar Gold Corp. (1.76), less than Vior Inc. (5.92), greater than Kalamazoo Resources Limited (0.78), greater than Abitibi Metals Corp. (3.64), less than Getchell Gold Corp. (25.85), less than Relevant Gold Corp. (29.31),
| Company | Current Ratio | Market cap |
|---|---|---|
| 15.30 | $26.29M | |
| 1.45 | $28.35M | |
| 15.16 | $50.80M | |
| 18.86 | $16.03M | |
| 1.76 | $48.68M | |
| 5.92 | $30.67M | |
| 0.78 | $4.47M | |
| 3.64 | $56.73M | |
| 25.85 | $23.14M | |
| 29.31 | $26.19M |
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