REDG.CN
Price:
$0.035
Market Cap:
$1.46M
Rock Edge Resources Ltd. engages in the acquisition and exploration of mineral property assets in Canada. It explores for precious and base metal properties. The company holds a 100% interest in the Stockwork Project located near Vernon, British Columbia, Canada. Rock Edge Resources Ltd. was incorporated in 2020 and is based in Vancouver, Canada.
Industry
Industrial Materials
IPO Date
2022-04-07
Stock Exchange
CNQ
Ticker
REDG.CN
According to Rock Edge Resources Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.51. This represents a change of 169.03% compared to the average of 0.56 of the last 4 quarters.
The mean historical Current Ratio of Rock Edge Resources Ltd. over the last ten years is 2.18. The current 1.51 Current Ratio has changed 6.83% with respect to the historical average. Over the past ten years (40 quarters), REDG.CN's Current Ratio was at its highest in in the January 2023 quarter at 4.43. The Current Ratio was at its lowest in in the July 2020 quarter at 0.
Average
2.18
Median
2.22
Minimum
1.51
Maximum
2.81
Discovering the peaks and valleys of Rock Edge Resources Ltd. 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 = 0%
Maximum Annual Current Ratio = 2.81
Minimum Annual Increase = -32.08%
Minimum Annual Current Ratio = 1.51
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.51 | -32.08% |
| 2022 | 2.22 | -20.83% |
The current Current Ratio of Rock Edge Resources Ltd. (REDG.CN) 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
2.18
5-year avg
2.18
10-year avg
2.18
Rock Edge Resources Ltd.’s Current Ratio is less than I-Minerals Inc. (0), greater than Spearmint Resources Inc. (0.45), greater than Stelmine Canada Ltd. (1.17), greater than Norra Metals Corp. (0.05), greater than Valterra Resource Corporation (0.15), greater than Tearlach Resources Limited (0.94), less than Horizonte Minerals Plc (7.34), greater than Glacier Lake Resources Inc. (0.12), greater than Metalo Manufacturing Inc. (0.01), greater than Heartfield Mining Corp. (0.31),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $1.41M | |
| 0.45 | $1.44M | |
| 1.17 | $1.53M | |
| 0.05 | $1.64M | |
| 0.15 | $1.35M | |
| 0.94 | $1.32M | |
| 7.34 | $1.35M | |
| 0.12 | $1.27M | |
| 0.01 | $1.25M | |
| 0.31 | $1.44M |
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What is the Current Ratio?
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What is the 3-year average Current Ratio for Rock Edge Resources Ltd. (REDG.CN)?
What is the 5-year average Current Ratio for Rock Edge Resources Ltd. (REDG.CN)?
How does the current Current Ratio for Rock Edge Resources Ltd. (REDG.CN) compare to its historical average?