GRLRF
Price:
$1.24
Market Cap:
$220.68M
Greenland Resources Inc., a mining company, engages in the acquisition, exploration, and development of mineral projects in Greenland. Its flagship project is the 100% owned Malmbjerg molybdenum project that covers an area of 82 square kilometer located in eastern Greenland. The company was formerly known as Primera Bioscience Research Inc. and changed its name to Greenland Resources Inc. in June 2014. Greenland Resources Inc. was incorporated in 2008 and is headquartered in Toronto, Canada.
Industry
Industrial Materials
IPO Date
2021-12-13
Stock Exchange
OTC
Ticker
GRLRF
According to Greenland Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 20.28. This represents a change of -21.95% compared to the average of 25.99 of the last 4 quarters.
The mean historical Current Ratio of Greenland Resources Inc. over the last ten years is 15.56. The current 20.28 Current Ratio has changed 12.93% with respect to the historical average. Over the past ten years (40 quarters), GRLRF's Current Ratio was at its highest in in the September 2023 quarter at 86.07. The Current Ratio was at its lowest in in the December 2017 quarter at 1.35.
Average
15.56
Median
12.67
Minimum
2.14
Maximum
41.54
Discovering the peaks and valleys of Greenland 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 = 594.72%
Maximum Annual Current Ratio = 41.54
Minimum Annual Increase = -83.44%
Minimum Annual Current Ratio = 2.14
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.51 | -66.58% |
| 2024 | 10.49 | -54.60% |
| 2023 | 23.11 | 235.94% |
| 2022 | 6.88 | -83.44% |
| 2021 | 41.54 | 137.84% |
| 2020 | 17.47 | -36.06% |
| 2019 | 27.32 | 83.87% |
| 2018 | 14.86 | 594.72% |
| 2017 | 2.14 | -74.35% |
| 2016 | 8.34 | -11.01% |
The current Current Ratio of Greenland Resources Inc. (GRLRF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
12.37
5-year avg
17.10
10-year avg
15.56
Greenland Resources Inc.’s Current Ratio is greater than Laramide Resources Ltd. (0.76), less than Energy Transition Minerals Ltd (55.93), greater than Doubleview Gold Corp. (3.36), greater than Nicola Mining Inc. (1.02), greater than Blue Moon Metals Inc. (2.93), greater than OM Holdings Limited (1.06), greater than CanAlaska Uranium Ltd. (10.09), greater than Graphite One Inc. (0.16), greater than Q2 Metals Corp. (7.71), greater than Australian Strategic Materials Ltd (1.48),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.76 | $133.30M | |
| 55.93 | $108.90M | |
| 3.36 | $189.46M | |
| 1.02 | $154.74M | |
| 2.93 | $161.44M | |
| 1.06 | $126.67M | |
| 10.09 | $87.29M | |
| 0.16 | $184.60M | |
| 7.71 | $179.10M | |
| 1.48 | $98.96M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Greenland Resources Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Greenland Resources Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Greenland Resources Inc.'s Current Ratio?
How is the Current Ratio calculated for Greenland Resources Inc. (GRLRF)?
What is the highest Current Ratio for Greenland Resources Inc. (GRLRF)?
What is the 3-year average Current Ratio for Greenland Resources Inc. (GRLRF)?
What is the 5-year average Current Ratio for Greenland Resources Inc. (GRLRF)?
How does the current Current Ratio for Greenland Resources Inc. (GRLRF) compare to its historical average?