Labrador Iron Mines Holdings Limited

Labrador Iron Mines Holdings Limitedverified

LBRMF

Price:

$0.02

Market Cap:

$4.50M

Labrador Iron Mines Holdings Limited, a mineral resource company, engages in the business of exploration, development, and mining of iron ore projects in Canada. The company's flagship project is the Houston project, which is an open pit direct shipping iron ore project located near the town of Schefferville. Labrador Iron Mines Holdings Limited was incorporated in 2007 and is headquartered in Toronto, Canada.

Industry

Industrial Materials

IPO Date

2021-01-08

Stock Exchange

OTC

Ticker

LBRMF

The Current Ratio as of December 2025 (TTM) for Labrador Iron Mines Holdings Limited (LBRMF) is 0.01

According to Labrador Iron Mines Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.01. This represents a change of -7.35% compared to the average of 0.02 of the last 4 quarters.

Labrador Iron Mines Holdings Limited (LBRMF) Historical Current Ratio (quarterly & annually)

How has LBRMF Current Ratio performed in the past?

The mean historical Current Ratio of Labrador Iron Mines Holdings Limited over the last ten years is 0.75. The current 0.01 Current Ratio has changed 94.01% with respect to the historical average. Over the past ten years (40 quarters), LBRMF's Current Ratio was at its highest in in the March 2017 quarter at 2.38. The Current Ratio was at its lowest in in the March 2024 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.75

Median

0.73

Minimum

0.01

Maximum

2.38

Labrador Iron Mines Holdings Limited (LBRMF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Labrador Iron Mines Holdings Limited 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 = 4.24%

Maximum Annual Current Ratio = 2.38

Minimum Annual Increase = -97.43%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.02117.03%
20240.01-57.24%
20230.02-97.43%
20220.65-22.73%
20210.844.49%
20200.81-33.12%
20191.21-17.92%
20181.47-38.29%
20172.384.24%
20160.05-43.37%

Labrador Iron Mines Holdings Limited (LBRMF) Average Current Ratio

How has LBRMF Current Ratio performed in the past?

The current Current Ratio of Labrador Iron Mines Holdings Limited (LBRMF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.01

5-year avg

0.31

10-year avg

0.75

Labrador Iron Mines Holdings Limited (LBRMF) Current Ratio vs. Peers

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

Labrador Iron Mines Holdings Limited’s Current Ratio is less than Great Quest Fertilizer Ltd. (0.06), less than Orex Minerals Inc. (0.34), less than Mineral Road Discovery Inc. (1.32), less than Prospect Ridge Resources Corp. (8.63), less than Alerio Gold Corp. (0.04), less than Cruz Battery Metals Corp. (2.11), less than Phoenix Copper Limited (1.47), less than Recharge Resources Ltd. (0.31), greater than Highbank Resources Ltd. (0.00), less than Tuktu Resources Ltd. (1.97),

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