LCR.CN
Price:
$0.05
Market Cap:
$2.97M
Lancaster Resources Inc. engages in the acquisition, exploration, and development of mineral properties and renewable energy projects. It has option to acquire a 100% interest in the Alkali Flat lithium brine project situated in Lordsburg, New Mexico, the United States. The company is based in West Vancouver, Canada.
Industry
Industrial Materials
IPO Date
2023-06-14
Stock Exchange
CNQ
Ticker
LCR.CN
According to Lancaster Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.21. This represents a change of -73.58% compared to the average of 0.79 of the last 4 quarters.
The mean historical Current Ratio of Lancaster Resources Inc. over the last ten years is 0.59. The current 0.21 Current Ratio has changed 3.45% with respect to the historical average. Over the past ten years (40 quarters), LCR.CN's Current Ratio was at its highest in in the June 2023 quarter at 4.68. The Current Ratio was at its lowest in in the November 2022 quarter at 0.
Average
0.59
Median
0.21
Minimum
0.08
Maximum
2.14
Discovering the peaks and valleys of Lancaster 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 = 563.07%
Maximum Annual Current Ratio = 2.14
Minimum Annual Increase = -91.15%
Minimum Annual Current Ratio = 0.08
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.21 | 10.57% |
| 2022 | 0.19 | -91.15% |
| 2021 | 2.14 | 563.07% |
| 2020 | 0.32 | 279.33% |
The current Current Ratio of Lancaster Resources Inc. (LCR.CN) 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
0.84
5-year avg
0.59
10-year avg
0.59
Lancaster Resources Inc.’s Current Ratio is less than Evergold Corp. (0.54), less than Steadright Critical Minerals Inc. (2.96), greater than Gamma Resources Ltd. (0.13), less than Coniagas Battery Metals Inc. (3.46), greater than One World Lithium Inc. (0.06), less than K9 Gold Corp. (0.43), greater than CBLT Inc. (0.17), less than Muzhu Mining Ltd. (2.42), greater than Rockex Mining Corporation (0.00), greater than CAT Strategic Metals Corporation (0.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.54 | $2.58M | |
| 2.96 | $3.43M | |
| 0.13 | $3.27M | |
| 3.46 | $2.58M | |
| 0.06 | $4.26M | |
| 0.43 | $3.06M | |
| 0.17 | $3.86M | |
| 2.42 | $3.76M | |
| 0.00 | $3.34M | |
| 0.02 | $3.17M |
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