NMEX
Price:
$0.05249
Market Cap:
$6.34M
Operating within the United States, Northern Minerals & Exploration Ltd. functions as a natural resources entity. Its activities span the production of petroleum and natural gas in central Texas, alongside the exploration for precious metals such as gold and silver in northern Nevada. The firm holds a significant stake in the J.E. Richey Lease project. Incorporated in 2006, the company underwent a name change in August 2013, transitioning from its former identity as Punchline Resources Ltd. to its current one. Its principal place of business is situated in Pleasant Grove, Utah.
Industry
Oil & Gas Exploration & Production
IPO Date
2012-09-06
Stock Exchange
OTC
Ticker
NMEX
According to Northern Minerals & Exploration Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.24. This represents a change of 54.33% compared to the average of 0.15 of the last 4 quarters.
The mean historical Current Ratio of Northern Minerals & Exploration Ltd. over the last ten years is 0.08. The current 0.24 Current Ratio has changed 29.01% with respect to the historical average. Over the past ten years (40 quarters), NMEX's Current Ratio was at its highest in in the July 2024 quarter at 0.44. The Current Ratio was at its lowest in in the July 2021 quarter at 0.00.
Average
0.08
Median
0.03
Minimum
0.00
Maximum
0.44
Discovering the peaks and valleys of Northern Minerals & Exploration Ltd. 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 = 3.36%
Maximum Annual Current Ratio = 0.44
Minimum Annual Increase = -92.81%
Minimum Annual Current Ratio = 0.00
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.10 | -77.90% |
| 2024 | 0.44 | 1.60% |
| 2023 | 0.03 | -54.00% |
| 2022 | 0.06 | 3.36% |
| 2021 | 0.00 | -92.81% |
| 2020 | 0.02 | -44.69% |
| 2019 | 0.04 | -62.92% |
| 2018 | 0.11 | 923.35% |
| 2017 | 0.01 | -33.60% |
| 2016 | 0.02 | 59.82% |
The current Current Ratio of Northern Minerals & Exploration Ltd. (NMEX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.19
5-year avg
0.12
10-year avg
0.08
Northern Minerals & Exploration Ltd.’s Current Ratio is less than Alaska Energy Metals Corporation (2.17), less than Star Diamond Corporation (0.44), less than Inflection Resources Ltd. (10.70), less than Gunpoint Exploration Ltd. (29.22), less than Kingfisher Metals Corp. (4.17), less than Star Royalties Ltd. (7.41), less than Copper Giant Resources Corp. (6.81), less than Austral Gold Limited (1.33), less than Orbit Resources Limited (0), greater than Northern Graphite Corporation (0.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.17 | $8.41M | |
| 0.44 | $14.39M | |
| 10.70 | $16.62M | |
| 29.22 | $47.82K | |
| 4.17 | $110.84M | |
| 7.41 | $28.57M | |
| 6.81 | $111.88M | |
| 1.33 | $100.22M | |
| 0 | $8.49M | |
| 0.12 | $10.39M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Northern Minerals & Exploration Ltd. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Northern Minerals & Exploration Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Northern Minerals & Exploration Ltd.'s Current Ratio?
How is the Current Ratio calculated for Northern Minerals & Exploration Ltd. (NMEX)?
What is the highest Current Ratio for Northern Minerals & Exploration Ltd. (NMEX)?
What is the 3-year average Current Ratio for Northern Minerals & Exploration Ltd. (NMEX)?
What is the 5-year average Current Ratio for Northern Minerals & Exploration Ltd. (NMEX)?
How does the current Current Ratio for Northern Minerals & Exploration Ltd. (NMEX) compare to its historical average?