Nevada Canyon Gold Corp.

Nevada Canyon Gold Corp.verified

NGLD

Price:

$0.49

Market Cap:

$14.01M

Nevada Canyon Gold Corp. is a company actively involved in the exploration for minerals, specifically focusing on identifying gold deposits. The firm possesses rights to two distinct properties, both situated within Mineral County, Nevada. One is the Lazy Claims property, which consists of three claims covering an area of 60 acres. The other, known as the Loman property, includes 27 unpatented mining claims spanning approximately 540 acres. Incorporated in 2014, the company was initially named Tech Foundry Ventures, Inc. before officially changing to Nevada Canyon Gold Corp. in July 2016. Its main office is located in Reno, Nevada.

Industry

Gold

IPO Date

2021-01-08

Stock Exchange

OTC

Ticker

NGLD

The Current Ratio as of June 2026 (TTM) for Nevada Canyon Gold Corp. (NGLD) is 4.03

According to Nevada Canyon Gold Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 4.03. This represents a change of -6.63% compared to the average of 4.32 of the last 4 quarters.

Nevada Canyon Gold Corp. (NGLD) Historical Current Ratio (quarterly & annually)

How has NGLD Current Ratio performed in the past?

The mean historical Current Ratio of Nevada Canyon Gold Corp. over the last ten years is 2.06. The current 4.03 Current Ratio has changed 19.43% 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.

Quarterly (TTM)
Annual

Average

2.06

Median

0.70

Minimum

0.00

Maximum

7.87

Nevada Canyon Gold Corp. (NGLD) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20253.92-31.66%
20245.74-27.06%
20237.87928.71%
20220.77-4.95%
20210.8128.83%
20200.63142.47%
20190.269.91%
20180.00-82.27%
20170.01-97.69%
20160.63159.59%

Nevada Canyon Gold Corp. (NGLD) Average Current Ratio

How has NGLD Current Ratio performed in the past?

The current Current Ratio of Nevada Canyon Gold Corp. (NGLD) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

5.85

5-year avg

3.82

10-year avg

2.06

Nevada Canyon Gold Corp. (NGLD) Current Ratio vs. Peers

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

Nevada Canyon Gold Corp.’s Current Ratio is less than Viva Gold Corp. (19.42), less than Sirios Resources Inc. (6.63), less than Westward Gold Inc. (27.19), greater than King Global Ventures Inc. (1.94), greater than Blue Star Gold Corp. (0.83), greater than Baru Gold Corporation (0.02), greater than Goldex Resources Corporation (0.02), less than Kalo Gold Corp. (9.67), less than Independence Gold Corp. (4.62), greater than Rise Gold Corp. (0),

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