PNGC.CN
Price:
$0.035
Market Cap:
$9.22M
Loyalist Exploration Limited, a mineral exploration company, engages in the acquisition, exploration, and development of mineral property interests in Papua New Guinea. The company primarily explores for copper and gold deposits. It has an option to acquire an 85% interest in the Mount Suckling project consisting of two mineral concessions located in Papua New Guinea. The company was formerly known as Golden Birch Resources Inc. and changed its name to PNG Copper Inc. in August 2021. PNG Copper Inc. was incorporated in 2017 and is headquartered in Timmins, Canada.
Industry
Other Precious Metals
IPO Date
2020-03-02
Stock Exchange
CNQ
Ticker
PNGC.CN
According to Loyalist Exploration Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.07. This represents a change of -11.51% compared to the average of 0.08 of the last 4 quarters.
The mean historical Current Ratio of Loyalist Exploration Limited over the last ten years is 2.67. The current 0.07 Current Ratio has changed 178.33% with respect to the historical average. Over the past ten years (40 quarters), PNGC.CN's Current Ratio was at its highest in in the June 2020 quarter at 21.95. The Current Ratio was at its lowest in in the March 2018 quarter at 0.
Average
2.67
Median
0.16
Minimum
0.01
Maximum
15.81
Discovering the peaks and valleys of Loyalist Exploration Limited 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 = 42.37%
Maximum Annual Current Ratio = 15.81
Minimum Annual Increase = -91.86%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.06 | -59.21% |
| 2023 | 0.14 | 886.22% |
| 2022 | 0.01 | -91.61% |
| 2021 | 0.17 | -91.86% |
| 2020 | 2.14 | -86.45% |
| 2019 | 15.81 | 425.96% |
| 2018 | 3.01 | 42.37% |
The current Current Ratio of Loyalist Exploration Limited (PNGC.CN) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.07
5-year avg
0.51
10-year avg
2.67
Loyalist Exploration Limited’s Current Ratio is less than Freeport Resources Inc. (16.88), less than American Copper Development Corporation (0.09), less than Enduro Metals Corporation (1.31), less than Cartier Silver Corporation (0.16), less than CopperCorp Resources Inc. (28.22), less than Altiplano Metals Inc. (0.09), greater than Copper Lake Resources Ltd. (0.02), less than Plato Gold Corp. (0.13), less than Renforth Resources Inc. (0.17), less than Targa Exploration Corp. (3.47),
| Company | Current Ratio | Market cap |
|---|---|---|
| 16.88 | $6.57M | |
| 0.09 | $7.43M | |
| 1.31 | $7.78M | |
| 0.16 | $8.22M | |
| 28.22 | $7.95M | |
| 0.09 | $6.85M | |
| 0.02 | $6.78M | |
| 0.13 | $8.07M | |
| 0.17 | $5.98M | |
| 3.47 | $7.03M |
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