GGCPF
Price:
$0.06
Market Cap:
$4.60M
Generic Gold Corp., an exploration stage company, engages in acquisition and exploration of gold properties in Canada. The company holds interest in the Belvais Project that comprises 278 mineral claims covering an area of approximately 12,563 hectares located in the Abitibi region of northwestern Quebec. It also holds interests in gold projects in the Yukon Territory of Canada that comprise various projects covering a land position of approximately 35,000 hectares. The company was incorporated in 2017 and is headquartered in Toronto, Canada.
Industry
Gold
IPO Date
2020-08-26
Stock Exchange
OTC
Ticker
GGCPF
According to Generic Gold Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.32. This represents a change of -35.34% compared to the average of 2.04 of the last 4 quarters.
The mean historical Current Ratio of Generic Gold Corp. over the last ten years is 3.45. The current 1.32 Current Ratio has changed 3.73% with respect to the historical average. Over the past ten years (40 quarters), GGCPF's Current Ratio was at its highest in in the September 2020 quarter at 16.21. The Current Ratio was at its lowest in in the June 2017 quarter at 0.
Average
3.45
Median
2.28
Minimum
0.07
Maximum
8.01
Discovering the peaks and valleys of Generic Gold 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 = 6.23%
Maximum Annual Current Ratio = 8.01
Minimum Annual Increase = -83.55%
Minimum Annual Current Ratio = 0.07
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.28 | -50.15% |
| 2023 | 4.57 | -42.96% |
| 2022 | 8.01 | 2.34% |
| 2021 | 7.82 | 6.37% |
| 2020 | 7.36 | 6.23% |
| 2019 | 0.12 | -83.55% |
| 2018 | 0.71 | 643.10% |
| 2017 | 0.10 | 29.70% |
The current Current Ratio of Generic Gold Corp. (GGCPF) 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
4.95
5-year avg
6.01
10-year avg
3.45
Generic Gold Corp.’s Current Ratio is less than Pucara Gold Ltd. (4.65), less than Reyna Gold Corp. (16.00), greater than Antler Gold Inc. (0.07), greater than Gold Line Resources Ltd. (1.10), greater than Quebec Precious Metals Corporation (1.10), greater than Gryphon Gold Corporation (1.12), greater than 79North Inc. (0.04), greater than Iconic Minerals Ltd. (0.57), greater than Mineral Mountain Resources Ltd. (0.15), less than Basin Uranium Corp. (6.77),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.65 | $2.74M | |
| 16.00 | $2.68M | |
| 0.07 | $2.84M | |
| 1.10 | $2.63M | |
| 1.10 | $3.00M | |
| 1.12 | $2.92M | |
| 0.04 | $3.13M | |
| 0.57 | $3.14M | |
| 0.15 | $3.37M | |
| 6.77 | $2.27M |
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