MEO.CN
Price:
$0.29
Market Cap:
$8.42M
Cameo Resources Inc. engages in the identification, acquisition, exploration, and development of mineral deposits. It primarily focuses on exploring lithium deposits. The company holds interest in the Nevada project that consists of twenty 20-acre placer claims and nineteen 20-acre lode claims located in Nevada, the United States. Cameo Resources Inc. was formerly known as Elmira Capital Inc. and changed its name to Cameo Resources Inc. on May 12, 2023. The company was incorporated in 2014 and is based in Surrey, Canada.
Industry
Industrial Materials
IPO Date
2024-05-08
Stock Exchange
CNQ
Ticker
MEO.CN
According to CameoResInc’s latest financial reports and current stock price. The company's current Current Ratio is 0.37. This represents a change of -29.99% compared to the average of 0.53 of the last 4 quarters.
The mean historical Current Ratio of CameoResInc over the last ten years is 0.99. The current 0.37 Current Ratio has changed 3.66% with respect to the historical average. Over the past ten years (40 quarters), MEO.CN's Current Ratio was at its highest in in the May 2024 quarter at 8.41. The Current Ratio was at its lowest in in the November 2022 quarter at 0.
Average
0.99
Median
0.77
Minimum
0.04
Maximum
2.88
Discovering the peaks and valleys of CameoResInc 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 = 1.91%
Maximum Annual Current Ratio = 2.88
Minimum Annual Increase = -91.09%
Minimum Annual Current Ratio = 0.04
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.77 | 1.91% |
| 2023 | 0.04 | -91.09% |
| 2022 | 0.43 | -47.70% |
| 2021 | 0.82 | -71.45% |
The current Current Ratio of CameoResInc (MEO.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
0.41
5-year avg
0.99
10-year avg
0.99
CameoResInc’s Current Ratio is greater than Sparton Resources Inc. (0.34), less than MetalQuest Mining Inc. (2.89), greater than AsiaBaseMetals Inc. (0.01), less than Northern Shield Resources Inc. (0.67), greater than Rokmaster Resources Corp. (0.07), greater than Northern Lights Resources Corp. (0.01), greater than Chatham Rock Phosphate Limited (0.22), less than GoldHaven Resources Corp. (3.64), less than Playfair Mining Ltd. (0.70), less than Green Shift Commodities Ltd. (6.76),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.34 | $5.10M | |
| 2.89 | $6.32M | |
| 0.01 | $4.97M | |
| 0.67 | $5.67M | |
| 0.07 | $5.40M | |
| 0.01 | $8.75M | |
| 0.22 | $5.05M | |
| 3.64 | $4.71M | |
| 0.70 | $3.53M | |
| 6.76 | $4.82M |
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