RDYFF
Price:
$0.1092
Market Cap:
$5.75M
Newpath Resources Inc., a precious metals exploration company, engages in the exploration and development of mineral properties in Canada. It primarily explores for gold ores. It holds Northshore Gold project located in the Schreiber-Hemlo Greenstone Belt near Thunder Bay; and the Hemlo Eastern Flanks Project. The company also owns a 100% interest in 11 contiguous claims comprising od 233,963 hectares located in Schreiber Area. The company was incorporated in 2006 and is headquartered in Vancouver, British Columbia.
Industry
Gold
IPO Date
2021-08-19
Stock Exchange
OTC
Ticker
RDYFF
According to Newpath Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.05. This represents a change of -26.88% compared to the average of 0.06 of the last 4 quarters.
The mean historical Current Ratio of Newpath Resources Inc. over the last ten years is 4.39. The current 0.05 Current Ratio has changed 4.08% with respect to the historical average. Over the past ten years (40 quarters), RDYFF's Current Ratio was at its highest in in the July 2021 quarter at 22.97. The Current Ratio was at its lowest in in the January 2025 quarter at 0.04.
Average
4.39
Median
2.46
Minimum
0.05
Maximum
15.01
Discovering the peaks and valleys of Newpath Resources Inc. 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 = 3.43%
Maximum Annual Current Ratio = 15.01
Minimum Annual Increase = -95.10%
Minimum Annual Current Ratio = 0.05
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.05 | -65.19% |
| 2024 | 0.13 | -95.10% |
| 2023 | 2.68 | -67.65% |
| 2022 | 8.28 | 269.60% |
| 2021 | 2.24 | -54.26% |
| 2020 | 4.90 | -44.42% |
| 2019 | 8.81 | -41.29% |
| 2018 | 15.01 | 3.43% |
| 2017 | 0.42 | -68.92% |
The current Current Ratio of Newpath Resources Inc. (RDYFF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.95
5-year avg
2.68
10-year avg
4.39
Newpath Resources Inc.’s Current Ratio is less than Emergent Metals Corp. (0.08), less than Comstock Metals Ltd. (1.52), less than iMetal Resources Inc. (0.14), less than Golden Shield Resources Inc. (0.24), less than Advanced Gold Exploration Inc. (0.74), less than Red Eagle Mining Corporation (0.40), less than Providence Gold Mines Inc. (0.16), less than Stockworks Gold Inc. (0.16), less than International Iconic Gold Exploration Corp. (0.55), greater than Canamex Gold Corp. (0.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.08 | $1.38M | |
| 1.52 | $912.25K | |
| 0.14 | $2.93M | |
| 0.24 | $1.86M | |
| 0.74 | $1.09M | |
| 0.40 | $44.44K | |
| 0.16 | $2.03M | |
| 0.16 | $1.45M | |
| 0.55 | $831.37K | |
| 0.02 | $7.25K |
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