McFarlane Lake Mining Limited

McFarlane Lake Mining Limitedverified

MLMLF

Price:

$0.1714

Market Cap:

$64.93M

McFarlane Lake Mining Limited is a Canadian entity primarily engaged in the acquisition, exploration, and advancement of gold prospects. Its current holdings include an option to secure full ownership of the High Lake mineral property, which is situated just east of the Ontario-Manitoba border. The company's asset base also encompasses the West Hawk Lake mineral property in Southwestern Manitoba, as well as the McMillan and Mongowin properties, both located in Northeastern Ontario. Furthermore, McFarlane Lake Mining operates the Michaud/Munro properties near Matheson, Ontario. The company's corporate headquarters are located in Sudbury, Canada.

Industry

Gold

IPO Date

2022-08-12

Stock Exchange

OTC

Ticker

MLMLF

The Current Ratio as of June 2026 (TTM) for McFarlane Lake Mining Limited (MLMLF) is 0.60

According to McFarlane Lake Mining Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.60. This represents a change of -5.61% compared to the average of 0.63 of the last 4 quarters.

McFarlane Lake Mining Limited (MLMLF) Historical Current Ratio (quarterly & annually)

How has MLMLF Current Ratio performed in the past?

The mean historical Current Ratio of McFarlane Lake Mining Limited over the last ten years is 1.56. The current 0.60 Current Ratio has changed 3.73% with respect to the historical average. Over the past ten years (40 quarters), MLMLF's Current Ratio was at its highest in in the February 2022 quarter at 3.53. The Current Ratio was at its lowest in in the May 2021 quarter at 0.02.

Quarterly (TTM)
Annual

Average

1.56

Median

1.16

Minimum

0.30

Maximum

4.48

McFarlane Lake Mining Limited (MLMLF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of McFarlane Lake Mining Limited 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 = 394.61%

Maximum Annual Current Ratio = 4.48

Minimum Annual Increase = -74.20%

Minimum Annual Current Ratio = 0.30

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.39-73.70%
20241.48394.61%
20230.30-74.04%
20221.16-74.20%

McFarlane Lake Mining Limited (MLMLF) Average Current Ratio

How has MLMLF Current Ratio performed in the past?

The current Current Ratio of McFarlane Lake Mining Limited (MLMLF) 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

0.73

5-year avg

1.56

10-year avg

1.56

McFarlane Lake Mining Limited (MLMLF) Current Ratio vs. Peers

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

McFarlane Lake Mining Limited’s Current Ratio is less than Delta Resources Limited (1.25), less than Irving Resources Inc. (7.19), less than Visible Gold Mines Inc. (10.43), greater than Gold Springs Resource Corp. (0.03), less than Orecap Invest Corp. (0), greater than Sarama Resources Ltd (0.20), less than Marvel Gold Limited (6.42), less than Labrador Gold Corp. (42.88), less than Goldstorm Metals Corp. (2.95), less than Bedford Metals Corp. (9.83),

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