MKRIF
Price:
$0.092
Market Cap:
$6.06M
Melkior Resources Inc., a junior mining exploration company, engages in the acquisition and exploration of mineral properties in Canada. The company primarily explores for gold and silver deposits, as well as base metals. Its flagship property is the Carscallen project that includes 320 claim units covering an area of approximately 47 square kilometers located to the west of Timmins, Ontario. Melkior Resources Inc. was founded in 1986 and is headquartered in Timmins, Canada.
Industry
Industrial Materials
IPO Date
1996-12-13
Stock Exchange
OTC
Ticker
MKRIF
According to Melkior Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 7.05. This represents a change of -34.93% compared to the average of 10.84 of the last 4 quarters.
The mean historical Current Ratio of Melkior Resources Inc. over the last ten years is 27.72. The current 7.05 Current Ratio has changed 2.44% with respect to the historical average. Over the past ten years (40 quarters), MKRIF's Current Ratio was at its highest in in the August 2018 quarter at 88.71. The Current Ratio was at its lowest in in the May 2017 quarter at 0.
Average
27.72
Median
13.09
Minimum
5.66
Maximum
88.71
Discovering the peaks and valleys of Melkior Resources 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 = 1.16%
Maximum Annual Current Ratio = 88.71
Minimum Annual Increase = -89.01%
Minimum Annual Current Ratio = 5.66
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 12.98 | 68.90% |
| 2023 | 7.69 | -1.61% |
| 2022 | 7.81 | -89.01% |
| 2021 | 71.05 | 1.16% |
| 2020 | 5.66 | -81.57% |
| 2019 | 30.70 | -65.39% |
| 2018 | 88.71 | 572.23% |
| 2017 | 13.20 | -52.63% |
| 2016 | 27.86 | 142.02% |
| 2015 | 11.51 | -30.46% |
The current Current Ratio of Melkior Resources Inc. (MKRIF) 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
9.49
5-year avg
21.04
10-year avg
27.72
Melkior Resources Inc.’s Current Ratio is greater than Lux Metals Corp. (2.57), greater than One World Lithium Inc. (0.06), greater than Vision Lithium Inc. (0.62), greater than Rokmaster Resources Corp. (0.15), greater than THEMAC Resources Group Limited (0.00), greater than Grizzly Discoveries Inc. (0.28), greater than Vertical Exploration Inc. (0.21), greater than EDM Resources Inc. (0.53), greater than Northern Lights Resources Corp. (0.01), greater than Fathom Nickel Inc. (6.54),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.57 | $5.75M | |
| 0.06 | $4.78M | |
| 0.62 | $4.05M | |
| 0.15 | $4.57M | |
| 0.00 | $3.84M | |
| 0.28 | $3.57M | |
| 0.21 | $91.74K | |
| 0.53 | $3.74M | |
| 0.01 | $3.72M | |
| 6.54 | $3.44M |
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