African Energy Metals Inc.

African Energy Metals Inc.verified

NDENF

Price:

$0.16

Market Cap:

$10.52M

Based in Vancouver, Canada, African Energy Metals Inc. operates as a natural resource enterprise. The company's primary focus involves the procurement, advancement, and discovery of mineral deposits within the Democratic Republic of Congo (DRC). It specifically targets energy metals such as copper, cobalt, and lithium. The firm possesses complete ownership of six concessions, spanning 176 square kilometers, situated in the southern DRC. Additionally, it maintains an interest in the Manono project, which contains tin, tantalum, and lithium resources, located in the Tanganyika province's Manono district in the southeastern part of the DRC. Previously known as Central African Gold Inc., the com...[Read more]

Industry

Industrial Materials

IPO Date

2014-08-07

Stock Exchange

OTC

Ticker

NDENF

The Current Ratio as of June 2026 (TTM) for African Energy Metals Inc. (NDENF) is 166.61

According to African Energy Metals Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 166.61. This represents a change of 154.17% compared to the average of 65.55 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 7.41. The current 166.61 Current Ratio has changed 224.68% with respect to the historical average. Over the past ten years (40 quarters), NDENF's Current Ratio was at its highest in in the March 2026 quarter at 166.61. The Current Ratio was at its lowest in in the December 2019 quarter at 0.00.

Quarterly (TTM)
Annual

Average

7.41

Median

0.29

Minimum

0.00

Maximum

62.24

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 = 17.47%

Maximum Annual Current Ratio = 62.24

Minimum Annual Increase = -99.29%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
202562.2417.47%
20240.352.97%
20230.01-96.93%
20220.38-94.12%
20216.3916.07%
20200.042.64%
20190.00-95.44%
20180.03-99.29%
20174.441.82%
20160.2373.98%

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, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

20.87

5-year avg

13.87

10-year avg

7.41

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 greater than Metallica Metals Corp. (1.89), greater than Zacapa Resources Ltd. (0.24), greater than Bonanza Goldfields Corp. (0.22), greater than Montero Mining and Exploration Ltd. (6.06), greater than BC Moly Ltd. (7.18), greater than Xtierra Inc. (0.01), greater than Norden Crown Metals Corp. (5.20), greater than Stratabound Minerals Corp. (0.26), less than New Energy Metals Corp. (0), greater than Granite Creek Copper Ltd. (2.06),

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