MLP.V
Price:
$3.4
Market Cap:
$380.15M
Millennial Potash Corp. engages in the exploration and evaluation of mineral properties in the United States. It holds an option to acquire a 90% interest in the Banio Potash project covering an area of approximately 1,238 square kilometers located in Atlantic coast of Gabon. The company was formerly known as Black Mountain Gold USA Corp. and changed its name to Millennial Potash Corp. in January 2023. Millennial Potash Corp. was incorporated in 2015 and is headquartered in Vancouver, Canada.
Industry
Industrial Materials
IPO Date
2020-11-12
Stock Exchange
TSXV
Ticker
MLP.V
According to Millennial Potash Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 9.58. This represents a change of 43.10% compared to the average of 6.69 of the last 4 quarters.
The mean historical Current Ratio of Millennial Potash Corp. over the last ten years is 15.34. The current 9.58 Current Ratio has changed 6.14% with respect to the historical average. Over the past ten years (40 quarters), MLP.V's Current Ratio was at its highest in in the November 2021 quarter at 49.29. The Current Ratio was at its lowest in in the May 2024 quarter at 1.70.
Average
15.34
Median
16.55
Minimum
1.05
Maximum
41.33
Discovering the peaks and valleys of Millennial Potash 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 = 3.85%
Maximum Annual Current Ratio = 41.33
Minimum Annual Increase = -91.21%
Minimum Annual Current Ratio = 1.05
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.88 | -32.89% |
| 2023 | 5.78 | -65.06% |
| 2022 | 16.55 | -59.96% |
| 2021 | 41.33 | 3.85% |
| 2020 | 1.05 | -91.21% |
| 2019 | 11.91 | -36.22% |
| 2018 | 18.67 | 6.13% |
| 2017 | 17.59 | -17.26% |
The current Current Ratio of Millennial Potash Corp. (MLP.V) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.74
5-year avg
13.72
10-year avg
15.34
Millennial Potash Corp.’s Current Ratio is greater than TDG Gold Corp. (4.17), greater than Sandfire Resources America Inc. (0.02), less than Vizsla Royalties Corp (112.94), greater than Amarc Resources Ltd. (0.72), greater than Power Metallic Mines Inc. (1.90), less than District Metals Corp. (12.81), less than Midnight Sun Mining Corp. (73.07), greater than Luca Mining Corp. (1.01), greater than Banyan Gold Corp. (8.10), less than Silver Tiger Metals Inc. (16.63),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.17 | $238.45M | |
| 0.02 | $296.77M | |
| 112.94 | $300.81M | |
| 0.72 | $249.17M | |
| 1.90 | $229.55M | |
| 12.81 | $166.08M | |
| 73.07 | $227.77M | |
| 1.01 | $367.26M | |
| 8.10 | $380.43M | |
| 16.63 | $369.51M |
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