NMNZF
Price:
$0.0016
Market Cap:
$118.39K
Nortec Minerals Corp. engages in the acquisition, exploration, and development of mineral properties. The company explores for gold and lithium deposits. It holds interests in the Tammela project located in southwest Finland. The company was formerly known as Nortec Ventures Corp. and changed its name to Nortec Minerals Corp. in January 2010. The company was incorporated in 1999 and is headquartered in Vancouver, Canada.
Industry
Industrial Materials
IPO Date
2011-07-15
Stock Exchange
OTC
Ticker
NMNZF
According to Nortec Minerals Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.82. This represents a change of -21.43% compared to the average of 1.04 of the last 4 quarters.
The mean historical Current Ratio of Nortec Minerals Corp. over the last ten years is 1.10. The current 0.82 Current Ratio has changed 7.33% with respect to the historical average. Over the past ten years (40 quarters), NMNZF's Current Ratio was at its highest in in the March 2018 quarter at 7.61. The Current Ratio was at its lowest in in the December 2019 quarter at 0.01.
Average
1.10
Median
0.53
Minimum
0.01
Maximum
4.38
Discovering the peaks and valleys of Nortec Minerals 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 = 1.90%
Maximum Annual Current Ratio = 4.38
Minimum Annual Increase = -99.11%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.27 | 47.33% |
| 2023 | 0.87 | -25.26% |
| 2022 | 1.16 | 522.36% |
| 2021 | 0.19 | 54.58% |
| 2020 | 0.12 | 908.11% |
| 2019 | 0.01 | -69.48% |
| 2018 | 0.04 | -99.11% |
| 2017 | 4.38 | 54.52% |
| 2016 | 2.83 | 1.90% |
| 2015 | 0.14 | 22.22% |
The current Current Ratio of Nortec Minerals Corp. (NMNZF) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.10
5-year avg
0.72
10-year avg
1.10
Nortec Minerals Corp.’s Current Ratio is greater than Fjordland Exploration Inc. (0.64), greater than Portofino Resources Inc. (0.05), greater than CAT Strategic Metals Corporation (0.02), greater than Cross River Ventures Corp. (0.01), less than Bullion Gold Resources Corp. (8.31), greater than Vendetta Mining Corp. (0.17), greater than Sylla Gold Corp. (0.01), greater than Volcan Holdings, Inc. (0.18), greater than Tarku Resources Ltd. (0.09), greater than Global Li-Ion Graphite Corp. (0.08),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.64 | $881.64K | |
| 0.05 | $684.23K | |
| 0.02 | $1.02M | |
| 0.01 | $1.01M | |
| 8.31 | $17.23M | |
| 0.17 | $482.85K | |
| 0.01 | $825.82K | |
| 0.18 | $735.51K | |
| 0.09 | $583.86K | |
| 0.08 | $1.06M |
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