NGLD
Price:
$0.6
Market Cap:
$16.99M
Nevada Canyon Gold Corp. engages in the mineral exploration activities. The company explores for gold deposits. It holds interests in the Lazy Claims property that consist of three claims covering 60 acres located Mineral County, Nevada; and the Loman property, which includes 27 unpatented mining claims covering an area of approximately 540 acres located in Mineral County, Nevada. The company was formerly known as Tech Foundry Ventures, Inc. and changed its name to Nevada Canyon Gold Corp. in July 2016. Nevada Canyon Gold Corp. was incorporated in 2014 and is based in Reno, Nevada.
Industry
Gold
IPO Date
2021-01-08
Stock Exchange
OTC
Ticker
NGLD
According to Nevada Canyon Gold Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 5.17. This represents a change of -8.55% compared to the average of 5.66 of the last 4 quarters.
The mean historical Current Ratio of Nevada Canyon Gold Corp. over the last ten years is 1.70. The current 5.17 Current Ratio has changed 30.42% with respect to the historical average. Over the past ten years (40 quarters), NGLD's Current Ratio was at its highest in in the September 2023 quarter at 8.22. The Current Ratio was at its lowest in in the December 2018 quarter at 0.00.
Average
1.70
Median
0.63
Minimum
0.00
Maximum
7.87
Discovering the peaks and valleys of Nevada Canyon Gold 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 = 9.91%
Maximum Annual Current Ratio = 7.87
Minimum Annual Increase = -97.69%
Minimum Annual Current Ratio = 0.00
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.74 | -27.06% |
| 2023 | 7.87 | 928.71% |
| 2022 | 0.77 | -4.95% |
| 2021 | 0.81 | 28.83% |
| 2020 | 0.63 | 142.47% |
| 2019 | 0.26 | 9.91% |
| 2018 | 0.00 | -82.27% |
| 2017 | 0.01 | -97.69% |
| 2016 | 0.63 | 159.59% |
| 2015 | 0.24 | -79.40% |
The current Current Ratio of Nevada Canyon Gold Corp. (NGLD) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.79
5-year avg
3.16
10-year avg
1.70
Nevada Canyon Gold Corp.’s Current Ratio is less than Viva Gold Corp. (21.60), greater than Sirios Resources Inc. (4.44), less than Westward Gold Inc. (18.49), less than King Global Ventures Inc. (9.48), greater than Blue Star Gold Corp. (2.42), greater than Baru Gold Corporation (0.05), greater than Goldex Resources Corporation (0.01), greater than Kalo Gold Corp. (4.88), less than Independence Gold Corp. (7.51), greater than Rise Gold Corp. (1.28),
| Company | Current Ratio | Market cap |
|---|---|---|
| 21.60 | $20.03M | |
| 4.44 | $20.46M | |
| 18.49 | $20.30M | |
| 9.48 | $19.33M | |
| 2.42 | $21.40M | |
| 0.05 | $18.75M | |
| 0.01 | $938.39K | |
| 4.88 | $16.63M | |
| 7.51 | $16.20M | |
| 1.28 | $17.08M |
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