African Energy Metals Inc.

African Energy Metals Inc.verified

NDENF

Price:

$0.16

Market Cap:

$4.48M

African Energy Metals Inc., a natural resource company, engages in the acquisition, development, and exploration of mineral properties in the Democratic Republic of Congo (DRC). It explores for copper, cobalt, and lithium energy metals. The company holds 100% interests in six concessions covering an area of 176 square kms located in the southern DRC. It also holds interest in the Manono tin, tantalum, lithium project located in Tanganyika province, Manono district, southeast of the DRC. The company was formerly known as Central African Gold Inc. and changed its name to African Energy Metals Inc. in February 2022. African Energy Metals Inc. is based in Vancouver, Canada.

Industry

Industrial Materials

IPO Date

2014-08-07

Stock Exchange

OTC

Ticker

NDENF

The Current Ratio as of November 2025 (TTM) for African Energy Metals Inc. (NDENF) is 0.35

According to African Energy Metals Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.35. This represents a change of 229.86% compared to the average of 0.11 of the last 4 quarters.

African Energy Metals Inc. (NDENF) Historical Current Ratio (quarterly & annually)

How has NDENF Current Ratio performed in the past?

The mean historical Current Ratio of African Energy Metals Inc. over the last ten years is 1.20. The current 0.35 Current Ratio has changed 2.85% with respect to the historical average. Over the past ten years (40 quarters), NDENF's Current Ratio was at its highest in in the December 2021 quarter at 6.39. The Current Ratio was at its lowest in in the May 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

1.20

Median

0.18

Minimum

0.00

Maximum

6.39

African Energy Metals Inc. (NDENF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of African Energy Metals 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 = 16.07%

Maximum Annual Current Ratio = 6.39

Minimum Annual Increase = -99.29%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.352.97%
20230.01-96.93%
20220.38-94.12%
20216.3916.07%
20200.041.21%
20190.00-90.51%
20180.03-99.29%
20174.441.82%
20160.2373.98%
20160.13-87.64%

African Energy Metals Inc. (NDENF) Average Current Ratio

How has NDENF Current Ratio performed in the past?

The current Current Ratio of African Energy Metals Inc. (NDENF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.25

5-year avg

1.43

10-year avg

1.20

African Energy Metals Inc. (NDENF) Current Ratio vs. Peers

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

African Energy Metals Inc.’s Current Ratio is less than Metallica Metals Corp. (1.89), greater than Zacapa Resources Ltd. (0.24), greater than Bonanza Goldfields Corp. (0.17), less than Montero Mining and Exploration Ltd. (28.02), greater than BC Moly Ltd. (0), greater than Xtierra Inc. (0.01), greater than Norden Crown Metals Corp. (0.08), greater than Stratabound Minerals Corp. (0.26), less than New Energy Metals Corp. (0), greater than Granite Creek Copper Ltd. (0.03),

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