NIOCF
Price:
$0.05
Market Cap:
$7.04M
Nio Strategic Metals Inc., a development stage company, engages in the exploration and development of mineral properties in the province of Quebec. The company explores for niobium and iron ores. It holds interest in the Oka mining property comprised of one mining lease and 102 claims covering an area of approximately 6,025 acres; and the Great Whale Iron property comprising 140 claims covering an area of approximately 17,098 acres located in the Hudson Bay territory. The company was formerly known as Niocan Inc. and changed its name to Nio Strategic Metals Inc. in June 2022. Nio Strategic Metals Inc. was incorporated in 1995 and is headquartered in Montreal, Canada.
Industry
Industrial Materials
IPO Date
2018-08-24
Stock Exchange
OTC
Ticker
NIOCF
According to Nio Strategic Metals Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 6.34. This represents a change of 114.24% compared to the average of 2.96 of the last 4 quarters.
The mean historical Current Ratio of Nio Strategic Metals Inc. over the last ten years is 1.15. The current 6.34 Current Ratio has changed 55.04% with respect to the historical average. Over the past ten years (40 quarters), NIOCF's Current Ratio was at its highest in in the September 2022 quarter at 18.18. The Current Ratio was at its lowest in in the September 2020 quarter at 0.01.
Average
1.15
Median
0.18
Minimum
0.01
Maximum
6.09
Discovering the peaks and valleys of Nio Strategic 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 = 5.46%
Maximum Annual Current Ratio = 6.09
Minimum Annual Increase = -62.03%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.97 | -14.78% |
| 2023 | 2.31 | -62.03% |
| 2022 | 6.09 | 920.59% |
| 2021 | 0.60 | 5.46% |
| 2020 | 0.01 | -47.42% |
| 2019 | 0.02 | -53.12% |
| 2018 | 0.04 | -59.09% |
| 2017 | 0.11 | -32.64% |
| 2016 | 0.16 | -21.20% |
| 2015 | 0.20 | -47.86% |
The current Current Ratio of Nio Strategic Metals Inc. (NIOCF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.46
5-year avg
2.19
10-year avg
1.15
Nio Strategic Metals Inc.’s Current Ratio is less than Highway 50 Gold Corp. (113.68), greater than Tartisan Nickel Corp. (1.52), greater than Nickel Creek Platinum Corp. (2.33), greater than Camino Minerals Corporation (0.90), greater than Canadian Manganese Company Inc. (0.01), greater than United Lithium Corp. (4.02), greater than Silver Dollar Resources Inc. (5.67), greater than Boron One Holdings Inc. (0.22), less than Aston Bay Holdings Ltd. (13.64), less than Sierra Grande Minerals Inc. (19.52),
| Company | Current Ratio | Market cap |
|---|---|---|
| 113.68 | $19.21M | |
| 1.52 | $13.41M | |
| 2.33 | $11.21M | |
| 0.90 | $14.30M | |
| 0.01 | $73.04K | |
| 4.02 | $10.22M | |
| 5.67 | $14.55M | |
| 0.22 | $8.95M | |
| 13.64 | $9.93M | |
| 19.52 | $7.76M |
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