MLGCF
Price:
$0.59698
Market Cap:
$8.59M
M3 Metals Corp. focuses on the discovery, assessment, and advancement of mineral properties across North America. Its exploration efforts target deposits of gold, copper, iron, and silver. Key assets in its portfolio include the Aspen gold property, consisting of 7 mineral claims over 4,169.81 hectares, and the Stars property, spanning 2,136 hectares, both situated in the Omineca Mining Division of north-central British Columbia, Canada. The company's interests also extend to the Block 103 iron ore project in Labrador, Canada, which covers 7,245 hectares, and an exclusive option to acquire full ownership of the Mohave Property in Mohave County, Arizona. Incorporated in 2007 and headquartered...[Read more]
Industry
Industrial Materials
IPO Date
2011-05-05
Stock Exchange
OTC
Ticker
MLGCF
According to M3 Metals Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 26.40. This represents a change of 83.98% compared to the average of 14.35 of the last 4 quarters.
The mean historical Current Ratio of M3 Metals Corp. over the last ten years is 5.38. The current 26.40 Current Ratio has changed 48.94% with respect to the historical average. Over the past ten years (40 quarters), MLGCF's Current Ratio was at its highest in in the May 2024 quarter at 32.94. The Current Ratio was at its lowest in in the February 2019 quarter at 0.19.
Average
5.38
Median
3.32
Minimum
0.52
Maximum
13.69
Discovering the peaks and valleys of M3 Metals 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 = 836.69%
Maximum Annual Current Ratio = 13.69
Minimum Annual Increase = -96.19%
Minimum Annual Current Ratio = 0.52
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 7.49 | -18.68% |
| 2024 | 9.20 | -19.98% |
| 2023 | 11.50 | 268.32% |
| 2022 | 3.12 | -11.46% |
| 2021 | 3.53 | 575.91% |
| 2020 | 0.52 | -96.19% |
| 2019 | 13.69 | 836.69% |
| 2018 | 1.46 | -11.78% |
| 2017 | 1.66 | -0.60% |
| 2016 | 1.67 | -43.90% |
The current Current Ratio of M3 Metals Corp. (MLGCF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
9.40
5-year avg
6.97
10-year avg
5.38
M3 Metals Corp.’s Current Ratio is greater than General Copper Gold Corp. (0.01), greater than Fidelity Minerals Corp. (0.62), greater than Global Energy Metals Corporation (1.58), greater than Noble Metal Group Incorporated (0.00), greater than Thunderstruck Resources Ltd. (0.71), greater than Marvel Discovery Corp. (0.00), greater than Edison Lithium Corp. (6.60), greater than District Copper Corp. (4.01), greater than Canasil Resources Inc. (0.36), greater than Seasif Exploration Inc. (0.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.01 | $2.01M | |
| 0.62 | $2.73M | |
| 1.58 | $1.36M | |
| 0.00 | $3.78K | |
| 0.71 | $3.34M | |
| 0.00 | $15.17K | |
| 6.60 | $832.81K | |
| 4.01 | $1.65M | |
| 0.36 | $2.34M | |
| 0.02 | $283.25K |
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