GMRCF
Price:
$0.1984
Market Cap:
$3.24M
Gelum Resources Ltd. engages in the acquisition, exploration, and evaluation of mineral properties. The company's principal asset includes the Eldorado gold property that consists of approximately 7360 hectares located in the Bralorne-Bridge River gold district in south-central British Columbia. It holds an option agreement to acquire a 100% interest in the ML Copper-Gold property comprising 8,736 hectares located in the south-central British Columbia, Cariboo Mining District; and option agreement to acquire interest in the Roxey claims. The company was formerly known as Gelum Capital Ltd. and changed its name to Gelum Resources Ltd. in September 2021. Gelum Resources Ltd. was incorporated i...[Read more]
Industry
Gold
IPO Date
2022-05-23
Stock Exchange
OTC
Ticker
GMRCF
According to Gelum Resources Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.12. This represents a change of 62.32% compared to the average of 0.07 of the last 4 quarters.
The mean historical Current Ratio of Gelum Resources Ltd. over the last ten years is 2.09. The current 0.12 Current Ratio has changed 454.64% with respect to the historical average. Over the past ten years (40 quarters), GMRCF's Current Ratio was at its highest in in the April 2017 quarter at 9.79K. The Current Ratio was at its lowest in in the October 2019 quarter at 0.00.
Average
2.09
Median
0.15
Minimum
0.02
Maximum
9.79
Discovering the peaks and valleys of Gelum Resources Ltd. 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 = 62.08%
Maximum Annual Current Ratio = 9.79
Minimum Annual Increase = -99.54%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.02 | -80.03% |
| 2024 | 0.10 | -63.20% |
| 2023 | 0.26 | -92.36% |
| 2022 | 3.44 | 3.02% |
| 2021 | 0.11 | 261.21% |
| 2020 | 0.03 | -83.24% |
| 2019 | 0.18 | 303.24% |
| 2018 | 0.05 | -99.54% |
| 2017 | 9.79 | 40.85% |
| 2016 | 6.95 | 62.08% |
The current Current Ratio of Gelum Resources Ltd. (GMRCF) 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
0.13
5-year avg
0.79
10-year avg
2.09
Gelum Resources Ltd.’s Current Ratio is less than Teras Resources Inc. (1.03), less than First Au Limited (1.55), greater than Lovitt Resources Inc. (0.00), less than Hertz Energy Inc. (0.25), less than Horizonte Minerals Plc (7.34), greater than Tantalex Lithium Resources Corp. (0.07), less than Monarch Mining Corporation (0.30), less than Magna Gold Corp. (0), less than NewOrigin Gold Corp. (0.27), less than Kainantu Resources Ltd. (0.66),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.03 | $1.00M | |
| 1.55 | $25.12M | |
| 0.00 | $870.96K | |
| 0.25 | $2.69M | |
| 7.34 | $1.05M | |
| 0.07 | $9.16M | |
| 0.30 | $755.90K | |
| 0 | $734.09K | |
| 0.27 | $612.93K | |
| 0.66 | $708.74K |
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