Greenland Resources Inc.

Greenland Resources Inc.verified

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

The Current Ratio as of December 2025 (TTM) for Greenland Resources Inc. (GRLRF) is 20.28

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.

Greenland Resources Inc. (GRLRF) Historical Current Ratio (quarterly & annually)

How has GRLRF Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

15.56

Median

12.67

Minimum

2.14

Maximum

41.54

Greenland Resources Inc. (GRLRF) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20253.51-66.58%
202410.49-54.60%
202323.11235.94%
20226.88-83.44%
202141.54137.84%
202017.47-36.06%
201927.3283.87%
201814.86594.72%
20172.14-74.35%
20168.34-11.01%

Greenland Resources Inc. (GRLRF) Average Current Ratio

How has GRLRF Current Ratio performed in the past?

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. (GRLRF) Current Ratio vs. Peers

How is GRLRF’s Current Ratio compared to its peers?

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),

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