Magnum Goldcorp Inc.

Magnum Goldcorp Inc.verified

MGIDF

Price:

$0.02

Market Cap:

$1.18M

Magnum Goldcorp Inc. engages in the acquisition and exploration of mineral resource properties in Canada. It owns a 100% interest in the LH gold property, which consists of 19 contiguous crown granted claims and 7 mineral claims located to the south of the village of Silverton, British Columbia. The company was formerly known as Magnum Capital Corp. and changed its name to Magnum Goldcorp Inc. in November 2013. Magnum Goldcorp Inc. was incorporated in 2011 and is based in West Vancouver, Canada.

Industry

Gold

IPO Date

2019-03-12

Stock Exchange

OTC

Ticker

MGIDF

The Current Ratio as of December 2025 (TTM) for Magnum Goldcorp Inc. (MGIDF) is 0.96

According to Magnum Goldcorp Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.96. This represents a change of 256.31% compared to the average of 0.27 of the last 4 quarters.

Magnum Goldcorp Inc. (MGIDF) Historical Current Ratio (quarterly & annually)

How has MGIDF Current Ratio performed in the past?

The mean historical Current Ratio of Magnum Goldcorp Inc. over the last ten years is 0.48. The current 0.96 Current Ratio has changed 19.86% with respect to the historical average. Over the past ten years (40 quarters), MGIDF's Current Ratio was at its highest in in the November 2021 quarter at 20.71. The Current Ratio was at its lowest in in the August 2020 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.48

Median

0.12

Minimum

0.01

Maximum

2.58

Magnum Goldcorp Inc. (MGIDF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Magnum Goldcorp Inc. 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 = 20.00%

Maximum Annual Current Ratio = 2.58

Minimum Annual Increase = -95.13%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.961.81%
20240.05-88.61%
20230.44-82.78%
20222.5820.00%
20210.01-22.99%
20200.02-31.80%
20190.02-95.13%
20180.50406.94%
20170.10-29.02%
20160.14-93.80%

Magnum Goldcorp Inc. (MGIDF) Average Current Ratio

How has MGIDF Current Ratio performed in the past?

The current Current Ratio of Magnum Goldcorp Inc. (MGIDF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.49

5-year avg

0.81

10-year avg

0.48

Magnum Goldcorp Inc. (MGIDF) Current Ratio vs. Peers

How is MGIDF’s Current Ratio compared to its peers?

Magnum Goldcorp Inc.’s Current Ratio is greater than Global Gold Corporation (0.03), greater than Southern Arc Minerals Inc. (0.43), less than Q2 Gold Resources Inc. (0), less than New World Gold Corp. (0), greater than Troy Resources Limited (0.58), less than Wildsky Resources Inc. (74.36), greater than Kermode Resources Ltd. (0.03), greater than Trio Resources, Inc. (0.02), greater than Bronco Resources Corp. (0.42), greater than Xmet Inc. (0.53),

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