LRAXF
Price:
$1.75
Market Cap:
$121.27M
Lara Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in South America. The company explores for copper, gold, iron, phosphate, titanium, vanadium, and zinc deposits. Its flagship property is the Planalto copper project, in which the company has an option to acquire 100% interest located in the Carajás Mineral Province of northern Brazil. Lara Exploration Ltd. was incorporated in 2003 and is headquartered in Vancouver, Canada.
Industry
Industrial Materials
IPO Date
2006-03-28
Stock Exchange
OTC
Ticker
LRAXF
According to Lara Exploration Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 24.19. This represents a change of -23.57% compared to the average of 31.65 of the last 4 quarters.
The mean historical Current Ratio of Lara Exploration Ltd. over the last ten years is 12.37. The current 24.19 Current Ratio has changed 19.46% with respect to the historical average. Over the past ten years (40 quarters), LRAXF's Current Ratio was at its highest in in the December 2024 quarter at 48.24. The Current Ratio was at its lowest in in the December 2021 quarter at 1.48.
Average
12.37
Median
6.85
Minimum
1.48
Maximum
48.24
Discovering the peaks and valleys of Lara Exploration 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 = 456.77%
Maximum Annual Current Ratio = 48.24
Minimum Annual Increase = -87.83%
Minimum Annual Current Ratio = 1.48
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 48.24 | 276.18% |
| 2023 | 12.82 | 56.13% |
| 2022 | 8.21 | 456.77% |
| 2021 | 1.48 | -73.07% |
| 2020 | 5.48 | 38.54% |
| 2019 | 3.95 | 49.33% |
| 2018 | 2.65 | -87.83% |
| 2017 | 21.76 | 42.56% |
| 2016 | 15.26 | 298.81% |
| 2015 | 3.83 | 21.26% |
The current Current Ratio of Lara Exploration Ltd. (LRAXF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
23.09
5-year avg
15.25
10-year avg
12.37
Lara Exploration Ltd.’s Current Ratio is greater than Power Metals Corp. (0.71), greater than FPX Nickel Corp. (14.06), greater than Blackstone Minerals Limited (0.30), greater than Ardea Resources Limited (0.34), greater than Minsud Resources Corp. (4.79), greater than Bear Creek Mining Corporation (0.17), greater than Galan Lithium Limited (0.53), greater than Kenorland Minerals Ltd. (5.07), greater than Hastings Technology Metals Limited (1.01), greater than Atlantic Lithium Limited (1.65),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.71 | $93.43M | |
| 14.06 | $94.44M | |
| 0.30 | $56.86M | |
| 0.34 | $77.01M | |
| 4.79 | $64.76M | |
| 0.17 | $97.61M | |
| 0.53 | $189.04M | |
| 5.07 | $119.89M | |
| 1.01 | $83.33M | |
| 1.65 | $92.63M |
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 Lara Exploration Ltd. 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 Lara Exploration Ltd. 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 Lara Exploration Ltd.'s Current Ratio?
How is the Current Ratio calculated for Lara Exploration Ltd. (LRAXF)?
What is the highest Current Ratio for Lara Exploration Ltd. (LRAXF)?
What is the 3-year average Current Ratio for Lara Exploration Ltd. (LRAXF)?
What is the 5-year average Current Ratio for Lara Exploration Ltd. (LRAXF)?
How does the current Current Ratio for Lara Exploration Ltd. (LRAXF) compare to its historical average?