Makara Mining Corp.

Makara Mining Corp.verified

MAKA.CN

Price:

$0.145

Market Cap:

$1.38M

Makara Mining Corp., a mineral exploration company, focuses on the acquisition, exploration, and development of gold properties. It holds an option to acquire the 100% interest in the Kenora Gold Property that consists of 40 mineral tenures located in Kenora Mining Region, Ontario; a 70% interest in the Rude Creek Property that consists of 204 mineral claims covering an area of 4,157 hectares located in the Whitehorse Mining District in the Yukon Territory; and a 100% in the Idaho Creek Property that consists of 58 mineral tenures located in the Whitehorse Mining District in the Yukon Territory. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.

Industry

Gold

IPO Date

2020-05-05

Stock Exchange

CNQ

Ticker

MAKA.CN

The Current Ratio as of December 2025 (TTM) for Makara Mining Corp. (MAKA.CN) is 0.04

According to Makara Mining Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.04. This represents a change of -68.51% compared to the average of 0.13 of the last 4 quarters.

Makara Mining Corp. (MAKA.CN) Historical Current Ratio (quarterly & annually)

How has MAKA.CN Current Ratio performed in the past?

The mean historical Current Ratio of Makara Mining Corp. over the last ten years is 6.65. The current 0.04 Current Ratio has changed -36.30% with respect to the historical average. Over the past ten years (40 quarters), MAKA.CN's Current Ratio was at its highest in in the June 2020 quarter at 44.11. The Current Ratio was at its lowest in in the December 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

6.65

Median

0.35

Minimum

0.02

Maximum

23.36

Makara Mining Corp. (MAKA.CN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Makara Mining Corp. 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 = 2.47%

Maximum Annual Current Ratio = 23.36

Minimum Annual Increase = -98.28%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.432.47%
20230.02-76.74%
20220.07-73.62%
20210.27-98.28%
202015.78-32.43%

Makara Mining Corp. (MAKA.CN) Average Current Ratio

How has MAKA.CN Current Ratio performed in the past?

The current Current Ratio of Makara Mining Corp. (MAKA.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

0.17

5-year avg

3.31

10-year avg

6.65

Makara Mining Corp. (MAKA.CN) Current Ratio vs. Peers

How is MAKA.CN’s Current Ratio compared to its peers?

Makara Mining Corp.’s Current Ratio is less than Magna Gold Corp. (0), less than Snowy Owl Gold Corp. (1.85), less than Fabled Copper Corp. (0.31), less than Trillium Gold Mines Inc. (0.87), less than Aurelius Minerals Inc. (1.58), less than Newrange Gold Corp. (0.93), greater than Deeprock Minerals Inc. (0.04), less than Leopard Lake Gold Corp. (0.18), greater than A.I.S. Resources Limited (0.01), less than Glen Eagle Resources Inc. (0.27),

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