LRCFF
Price:
$0.015
Market Cap:
$870.96K
Lovitt Resources Inc., through its subsidiary, Lovitt Mining Company, Inc., focuses on the acquisition, exploration, and development of gold and silver properties in the United States and Canada. It holds interests in the Lovitt gold mine; and other mining assets consisting of approximately 250 acres of real estate located in Wenatchee, Washington. The company was formerly known as Lovitt Nutriceutical Corporation and changed its name to Lovitt Resources Inc. in September 2008. Lovitt Resources Inc. was incorporated in 1980 and is based in Surrey, Canada.
Industry
Gold
IPO Date
2018-08-24
Stock Exchange
OTC
Ticker
LRCFF
According to Lovitt Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.00. This represents a change of -66.13% compared to the average of 0.01 of the last 4 quarters.
The mean historical Current Ratio of Lovitt Resources Inc. over the last ten years is 0.02. The current 0.00 Current Ratio has changed 1.15% with respect to the historical average. Over the past ten years (40 quarters), LRCFF's Current Ratio was at its highest in in the March 2023 quarter at 0.03. The Current Ratio was at its lowest in in the December 2022 quarter at 0.00.
Average
0.02
Median
0.02
Minimum
0.00
Maximum
0.05
Discovering the peaks and valleys of Lovitt 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 = 491.99%
Maximum Annual Current Ratio = 0.05
Minimum Annual Increase = -94.42%
Minimum Annual Current Ratio = 0.00
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 0.00 | -94.42% |
| 2021 | 0.05 | 491.99% |
| 2020 | 0.01 | -70.13% |
The current Current Ratio of Lovitt Resources Inc. (LRCFF) 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
0.02
5-year avg
0.02
10-year avg
0.02
Lovitt Resources Inc.’s Current Ratio is less than Gelum Resources Ltd. (0.12), less than Monarch Mining Corporation (0.30), less than Teras Resources Inc. (1.03), less than Ashanti Sankofa Inc. (0.19), less than Magna Gold Corp. (0), less than Kainantu Resources Ltd. (0.66), less than First Au Limited (1.55), less than Pure Gold Mining Inc. (0.49), less than NewOrigin Gold Corp. (0.27), less than Orsu Metals Corporation (4.29),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.12 | $9.34M | |
| 0.30 | $755.90K | |
| 1.03 | $1.00M | |
| 0.19 | $831.90K | |
| 0 | $734.09K | |
| 0.66 | $708.74K | |
| 1.55 | $25.12M | |
| 0.49 | $681.82K | |
| 0.27 | $612.93K | |
| 4.29 | $661.35K |
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