MAGE
Price:
$0.185
Market Cap:
$5.07M
Magellan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral resources in Idaho. The company's flagship project is 100% owned Center Star Gold Mine that consists of 31 unpatented lode claims totaling 620 acres located near Elk City, Idaho. It also builds a collection of operating gold mines in the Western United States. The company was incorporated in 2010 and is headquartered in Wallace, Idaho.
Industry
Other Precious Metals
IPO Date
2012-05-24
Stock Exchange
OTC
Ticker
MAGE
According to Magellan Gold Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.00. This represents a change of 10.03% compared to the average of 0.00 of the last 4 quarters.
The mean historical Current Ratio of Magellan Gold Corporation over the last ten years is 0.02. The current 0.00 Current Ratio has changed 1.32% with respect to the historical average. Over the past ten years (40 quarters), MAGE's Current Ratio was at its highest in in the June 2021 quarter at 0.15. The Current Ratio was at its lowest in in the December 2023 quarter at 0.00.
Average
0.02
Median
0.02
Minimum
0.00
Maximum
0.08
Discovering the peaks and valleys of Magellan Gold Corporation 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 = 18.57%
Maximum Annual Current Ratio = 0.08
Minimum Annual Increase = -98.59%
Minimum Annual Current Ratio = 0.00
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.00 | 714.67% |
| 2023 | 0.00 | -98.59% |
| 2022 | 0.00 | -79.68% |
| 2021 | 0.02 | 1.22% |
| 2020 | 0.00 | -93.88% |
| 2019 | 0.02 | -22.11% |
| 2018 | 0.03 | -63.28% |
| 2017 | 0.08 | 359.81% |
| 2016 | 0.02 | -0.57% |
| 2015 | 0.02 | 18.57% |
The current Current Ratio of Magellan Gold Corporation (MAGE) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.00
5-year avg
0.01
10-year avg
0.02
Magellan Gold Corporation’s Current Ratio is less than Black Dragon Gold Corp. (0.81), less than Comet Lithium Corporation (2.11), less than Tsodilo Resources Limited (0.02), less than Hawkeye Gold & Diamond Inc. (0.01), less than Mountain Province Diamonds Inc. (1.03), less than Riley Gold Corp. (18.27), less than Clifton Mining Company (105.50), less than ExGen Resources Inc. (25.34), less than GGL Resources Corp. (3.58), less than Origen Resources Inc. (0.86),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.81 | $5.54M | |
| 2.11 | $5.05M | |
| 0.02 | $5.15M | |
| 0.01 | $437.68K | |
| 1.03 | $8.82M | |
| 18.27 | $6.61M | |
| 105.50 | $6.13M | |
| 25.34 | $6.30M | |
| 3.58 | $3.90M | |
| 0.86 | $4.59M |
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