GORIF
Price:
$0.035
Market Cap:
$2.89M
Golden Ridge Resources Ltd. is dedicated to the acquisition, exploration, and advancement of mineral assets throughout Canada. The company focuses its exploration endeavors on discovering deposits of gold, silver, copper, lead, zinc, and a variety of other precious metals. Its primary holding is the Hank property, which comprises four claims encompassing 1,700 hectares, strategically located within British Columbia's prominent Golden Triangle region. Golden Ridge Resources Ltd. was established in 2011 and maintains its corporate headquarters in Kelowna, Canada.
Industry
Other Precious Metals
IPO Date
2018-08-27
Stock Exchange
OTC
Ticker
GORIF
According to Golden Ridge Resources Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 96.79. This represents a change of 98.80% compared to the average of 48.69 of the last 4 quarters.
The mean historical Current Ratio of Golden Ridge Resources Ltd. over the last ten years is 12.91. The current 96.79 Current Ratio has changed 74.86% with respect to the historical average. Over the past ten years (40 quarters), GORIF's Current Ratio was at its highest in in the March 2026 quarter at 96.79. The Current Ratio was at its lowest in in the June 2016 quarter at 0.01.
Average
12.91
Median
7.96
Minimum
0.05
Maximum
32.35
Discovering the peaks and valleys of Golden Ridge 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 = 7.69%
Maximum Annual Current Ratio = 32.35
Minimum Annual Increase = -98.19%
Minimum Annual Current Ratio = 0.05
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 23.13 | 178.39% |
| 2024 | 8.31 | -51.73% |
| 2023 | 17.21 | -28.88% |
| 2022 | 24.21 | -25.17% |
| 2021 | 32.35 | 324.97% |
| 2020 | 7.61 | 36.68% |
| 2019 | 5.57 | -20.05% |
| 2018 | 6.97 | 87.08% |
| 2017 | 3.72 | 7.69% |
| 2016 | 0.05 | -98.19% |
The current Current Ratio of Golden Ridge Resources Ltd. (GORIF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
16.22
5-year avg
21.04
10-year avg
12.91
Golden Ridge Resources Ltd.’s Current Ratio is less than Xiana Mining Inc. (0), greater than Coast Copper Corp. (23.77), greater than 37 Capital Inc. (0.07), greater than Quebec Precious Metals Corporation (2.94), greater than Mineral Mountain Resources Ltd. (0.15), greater than Odessa Minerals Limited (17.30), less than Aurcana Silver Corporation (0), greater than Iconic Minerals Ltd. (4.20), greater than Total Metals Corp. (0.47), greater than 79North Inc. (0.04),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $3.49M | |
| 23.77 | $10.61M | |
| 0.07 | $520.04K | |
| 2.94 | $3.00M | |
| 0.15 | $3.37M | |
| 17.30 | $2.61M | |
| 0 | $3.49M | |
| 4.20 | $3.14M | |
| 0.47 | $3.25M | |
| 0.04 | $3.13M |
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