PREIF
Price:
$0.1923
Market Cap:
$34.55M
Precipitate Gold Corp. is an enterprise dedicated to the exploration, exploitation, and development of mineral resources, with activities primarily concentrated in Canada and the Dominican Republic. The company's main objective is to identify deposits of gold and base metals. Its assets in the Dominican Republic include the Pueblo Grande, Juan de Herrera, and Ponton properties, covering an approximate total area of 25,797 hectares. Furthermore, the company holds an option to secure a 100% ownership stake in two projects located in Newfoundland, Canada: the Motherlode gold project, spanning about 12,350 hectares, and the Ace project, encompassing roughly 2,500 hectares. Precipitate Gold Corp....[Read more]
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 22.28. This represents a change of 60.58% compared to the average of 13.88 of the last 4 quarters.
The mean historical Current Ratio of Precipitate Gold Corp. over the last ten years is 16.31. The current 22.28 Current Ratio has changed 13.56% 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
16.31
Median
14.52
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 |
|---|---|---|
| 2025 | 9.30 | -36.13% |
| 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% |
The current Current Ratio of Precipitate Gold Corp. (PREIF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
12.78
5-year avg
9.09
10-year avg
16.31
Precipitate Gold Corp.’s Current Ratio is greater than Gold Basin Resources Corporation (0.36), greater than Bedford Metals Corp. (9.83), less than Orecap Invest Corp. (0), greater than Visible Gold Mines Inc. (10.43), greater than Tesoro Minerals Corp. (0.23), greater than Radius Gold Inc. (4.19), less than Labrador Gold Corp. (42.88), greater than Slam Exploration Ltd. (2.00), greater than Solstice Gold Corp. (2.58), greater than Goldstorm Metals Corp. (2.95),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.36 | $10.73M | |
| 9.83 | $9.27M | |
| 0 | $22.00M | |
| 10.43 | $5.57M | |
| 0.23 | $263.25K | |
| 4.19 | $10.41M | |
| 42.88 | $7.65M | |
| 2.00 | $7.32M | |
| 2.58 | $13.26M | |
| 2.95 | $15.47M |
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