Lake Victoria Gold Ltd.

Lake Victoria Gold Ltd.verified

LVG.V

Price:

$0.18

Market Cap:

$26.84M

Lake Victoria Gold Ltd., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Tanzania. The company primarily explores for gold deposits. Its flagship project is the Tembo gold property covering an area of 32 square kilometers located in the Lake Victoria goldfield district in northwest Tanzania. The company was formerly known as Tembo Gold Corp. and changed its name to Lake Victoria Gold Ltd. in December 2023. Lake Victoria Gold Ltd. was incorporated in 1937 and is based in Vancouver, Canada.

Industry

Gold

IPO Date

2012-08-02

Stock Exchange

TSXV

Ticker

LVG.V

The Current Ratio as of December 2025 (TTM) for Lake Victoria Gold Ltd. (LVG.V) is 0.05

According to Lake Victoria Gold Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.05. This represents a change of -47.55% compared to the average of 0.09 of the last 4 quarters.

Lake Victoria Gold Ltd. (LVG.V) Historical Current Ratio (quarterly & annually)

How has LVG.V Current Ratio performed in the past?

The mean historical Current Ratio of Lake Victoria Gold Ltd. over the last ten years is 0.99. The current 0.05 Current Ratio has changed 368.87% with respect to the historical average. Over the past ten years (40 quarters), LVG.V's Current Ratio was at its highest in in the September 2022 quarter at 5.99. The Current Ratio was at its lowest in in the June 2025 quarter at 0.05.

Quarterly (TTM)
Annual

Average

0.99

Median

0.73

Minimum

0.01

Maximum

3.16

Lake Victoria Gold Ltd. (LVG.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lake Victoria Gold 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 = 6.54%

Maximum Annual Current Ratio = 3.16

Minimum Annual Increase = -94.57%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.06-94.57%
20231.10-65.05%
20223.16153.47%
20211.25257.53%
20200.356.54%

Lake Victoria Gold Ltd. (LVG.V) Average Current Ratio

How has LVG.V Current Ratio performed in the past?

The current Current Ratio of Lake Victoria Gold Ltd. (LVG.V) 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

1.44

5-year avg

1.18

10-year avg

0.99

Lake Victoria Gold Ltd. (LVG.V) Current Ratio vs. Peers

How is LVG.V’s Current Ratio compared to its peers?

Lake Victoria Gold Ltd.’s Current Ratio is less than Sirios Resources Inc. (4.44), less than Rackla Metals Inc. (0), less than Gold Springs Resource Corp. (0.11), less than Rise Gold Corp. (1.28), less than McFarlane Lake Mining Limited (0.70), less than Baru Gold Corporation (0.05), less than Klondike Gold Corp. (2.98), less than Yorbeau Resources Inc. (36.94), less than Westward Gold Inc. (18.49), less than Viva Gold Corp. (21.60),

Build a custom stock screener for Lake Victoria Gold Ltd. (LVG.V) and other stocks

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 Lake Victoria Gold 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:

Custom stock screener in Wisesheets

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.

Lake Victoria Gold Ltd. (LVG.V) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Lake Victoria Gold 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.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Lake Victoria Gold Ltd.'s Current Ratio?

How is the Current Ratio calculated for Lake Victoria Gold Ltd. (LVG.V)?

What is the highest Current Ratio for Lake Victoria Gold Ltd. (LVG.V)?

What is the 3-year average Current Ratio for Lake Victoria Gold Ltd. (LVG.V)?

What is the 5-year average Current Ratio for Lake Victoria Gold Ltd. (LVG.V)?

How does the current Current Ratio for Lake Victoria Gold Ltd. (LVG.V) compare to its historical average?