MLORF
Price:
$0.00001
Market Cap:
$2.75K
Montello Resources Ltd. engages in the acquisition, exploration, and development of oil and natural gas properties in western Canada, and Tennessee, the United States. The company holds 25% working interest in the discovery well located in the Pincher Creek field; and an option on approximately 10,000 acres. It also holds 48% interest in two wells in the John Bowen property; and a 35% interest in three wells in the Morgan Highpoint property. The company is based in White City, Canada.
Industry
Oil & Gas Exploration & Production
IPO Date
2016-11-11
Stock Exchange
OTC
Ticker
MLORF
According to Montello Resources Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.06. This represents a change of -17.46% compared to the average of 0.07 of the last 4 quarters.
The mean historical Current Ratio of Montello Resources Ltd. over the last ten years is 0.43. The current 0.06 Current Ratio has changed 1.20% with respect to the historical average. Over the past ten years (40 quarters), MLORF's Current Ratio was at its highest in in the October 2007 quarter at 3.55. The Current Ratio was at its lowest in in the January 2003 quarter at 0.02.
Average
0.43
Median
0.22
Minimum
0.04
Maximum
1.50
Discovering the peaks and valleys of Montello Resources Ltd. 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 = 1.45%
Maximum Annual Current Ratio = 1.50
Minimum Annual Increase = -84.56%
Minimum Annual Current Ratio = 0.04
| Year | Current Ratio | Change |
|---|---|---|
| 2010 | 0.06 | -84.56% |
| 2009 | 0.37 | -59.37% |
| 2008 | 0.90 | -39.92% |
| 2007 | 1.50 | 529.63% |
| 2006 | 0.24 | -70.82% |
| 2005 | 0.81 | 1.45% |
| 2004 | 0.05 | 45.71% |
| 2003 | 0.04 | -79.21% |
| 2002 | 0.17 | -15.58% |
| 2001 | 0.20 | -83.13% |
The current Current Ratio of Montello Resources Ltd. (MLORF) 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
0.44
5-year avg
0.61
10-year avg
0.43
Montello Resources Ltd.’s Current Ratio is less than American Energy Development Corp. (0.09), less than Blackrock Oil Corporation (1.00), less than Australian Oil & Gas Corporation (0.20), greater than Nexera Energy Inc. (0.04), greater than Standard Energy Corp. (0.03), greater than Himalaya Technologies, Inc. (0.00), greater than Decklar Resources Inc. (0.02), less than Axis Energy Corporation (2.05), less than Strat Petroleum, Ltd. (0), less than Stamper Oil & Gas Corp. (1.88),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.09 | $204.66K | |
| 1.00 | $32.78K | |
| 0.20 | $103.85K | |
| 0.04 | $246.91K | |
| 0.03 | $18.83K | |
| 0.00 | $77.86K | |
| 0.02 | $120.99K | |
| 2.05 | $78.42K | |
| 0 | $17.22K | |
| 1.88 | $6.91M |
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