PREIF
Price:
$0.08475
Market Cap:
$14.99M
Precipitate Gold Corp. engages in the exploration, exploitation, and development of mineral resources in Canada and the Dominican Republic. The company primarily explores for gold and base metal deposits. Its properties in the Dominican Republic include the Pueblo Grande, Juan de Herrera, and Ponton properties that cover an area of approximately 25,797 hectares. The company also holds an option to acquire a 100% interest in the Motherlode gold project covering an area of approximately 12,350 hectares, and Ace project covering an area of approximately 2,500 hectares located in Newfoundland, Canada. Precipitate Gold Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada.
Industry
Gold
IPO Date
2012-09-25
Stock Exchange
OTC
Ticker
PREIF
According to Precipitate Gold Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 12.78. This represents a change of -6.86% compared to the average of 13.72 of the last 4 quarters.
The mean historical Current Ratio of Precipitate Gold Corp. over the last ten years is 17.22. The current 12.78 Current Ratio has changed 7.32% with respect to the historical average. Over the past ten years (40 quarters), PREIF's Current Ratio was at its highest in in the May 2018 quarter at 134.64. The Current Ratio was at its lowest in in the August 2023 quarter at 3.00.
Average
17.22
Median
15.10
Minimum
3.12
Maximum
38.22
Discovering the peaks and valleys of Precipitate 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 = 363.86%
Maximum Annual Current Ratio = 38.22
Minimum Annual Increase = -85.11%
Minimum Annual Current Ratio = 3.12
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 14.57 | 0.67% |
| 2023 | 14.47 | 363.86% |
| 2022 | 3.12 | -21.44% |
| 2021 | 3.97 | -85.11% |
| 2020 | 26.67 | -30.22% |
| 2019 | 38.22 | 211.07% |
| 2018 | 12.29 | -50.60% |
| 2017 | 24.87 | 59.11% |
| 2016 | 15.63 | -14.78% |
| 2015 | 18.34 | -10.87% |
The current Current Ratio of Precipitate Gold Corp. (PREIF) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
10.72
5-year avg
12.56
10-year avg
17.22
Precipitate Gold Corp.’s Current Ratio is greater than Gold Basin Resources Corporation (0.38), less than Bedford Metals Corp. (123.89), less than Orecap Invest Corp. (0), greater than Visible Gold Mines Inc. (0.08), greater than Tesoro Minerals Corp. (1.44), greater than Radius Gold Inc. (3.93), less than Labrador Gold Corp. (74.77), greater than Slam Exploration Ltd. (1.06), greater than Solstice Gold Corp. (4.14), greater than Goldstorm Metals Corp. (6.55),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.38 | $1.30M | |
| 123.89 | $3.48M | |
| 0 | $17.09M | |
| 0.08 | $15.02M | |
| 1.44 | $263.25K | |
| 3.93 | $12.92M | |
| 74.77 | $16.07M | |
| 1.06 | $11.01M | |
| 4.14 | $12.65M | |
| 6.55 | $15.81M |
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