MEXGF
Price:
$0.0878
Market Cap:
$3.03M
Mexican Gold Mining Corp. operates as a mineral exploration firm primarily focused on identifying, acquiring, and assessing potential resource sites throughout Mexico. The company's main objective is the discovery of gold and copper deposits. A significant asset in its portfolio is the wholly-owned Las Minas project, which encompasses six mineral concessions located within the Las Minas district in Mexico's Veracruz state. Established in 2006, the company initially traded as Mexican Gold Corp. before officially changing its name to Mexican Gold Mining Corp. in February 2020. Its corporate headquarters are situated in Vancouver, Canada.
Industry
Other Precious Metals
IPO Date
2013-03-25
Stock Exchange
OTC
Ticker
MEXGF
According to Mexican Gold Mining Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 53.51. This represents a change of 185.44% compared to the average of 18.75 of the last 4 quarters.
The mean historical Current Ratio of Mexican Gold Mining Corp. over the last ten years is 6.92. The current 53.51 Current Ratio has changed 77.17% with respect to the historical average. Over the past ten years (40 quarters), MEXGF's Current Ratio was at its highest in in the March 2026 quarter at 53.51. The Current Ratio was at its lowest in in the September 2016 quarter at 0.05.
Average
6.92
Median
3.75
Minimum
0.09
Maximum
28.45
Discovering the peaks and valleys of Mexican Gold 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 = 11.72%
Maximum Annual Current Ratio = 28.45
Minimum Annual Increase = -96.55%
Minimum Annual Current Ratio = 0.09
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.35 | -88.69% |
| 2024 | 11.95 | 68.20% |
| 2023 | 7.10 | 307.64% |
| 2022 | 1.74 | -28.22% |
| 2021 | 2.43 | -91.47% |
| 2020 | 28.45 | 3.40% |
| 2019 | 0.81 | -83.97% |
| 2018 | 5.08 | -50.44% |
| 2017 | 10.24 | 11.72% |
| 2016 | 0.09 | -96.55% |
The current Current Ratio of Mexican Gold Mining Corp. (MEXGF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
6.80
5-year avg
4.92
10-year avg
6.92
Mexican Gold Mining Corp.’s Current Ratio is greater than Pacific Bay Minerals Ltd. (0.08), greater than Jayden Resources Inc. (0.03), greater than Franklin Mining, Inc. (0), greater than Monumental Minerals Corp. (5.49), greater than Walker Lane Resources Ltd. (1.27), greater than Ibero Mining Corp. (0.47), greater than North American Tungsten Corporation Ltd. (0.52), greater than Gem Diamonds Limited (2.34), greater than Eastfield Resources Ltd. (13.12), greater than Jade Leader Corp. (0.07),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.08 | $1.49M | |
| 0.03 | $1.48M | |
| 0 | $589.15K | |
| 5.49 | $3.15M | |
| 1.27 | $1.15M | |
| 0.47 | $165.02K | |
| 0.52 | $190.50K | |
| 2.34 | $6.02M | |
| 13.12 | $2.44M | |
| 0.07 | $357.20K |
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