RGLD.CN
Price:
$0.04
Market Cap:
$2.01M
Red Lake Gold Inc. acquires and explores for mineral properties in Canada. The company primarily explores for gold deposits. Its principal project is the Whirlwind Jack gold project comprising 1,042 mining claims covering an area of approximately 21,238 hectares located near Red Lake, Ontario. The company was formerly known as Pivit Exploration Inc. and changed its name to Red Lake Gold Inc. in July 2019. Red Lake Gold Inc. was incorporated in 2017 and is based in Vancouver, Canada.
Industry
Gold
IPO Date
2018-05-10
Stock Exchange
CNQ
Ticker
RGLD.CN
According to Red Lake Gold Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 13.85 of the last 4 quarters.
The mean historical Current Ratio of Red Lake Gold Inc. over the last ten years is 19.29. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), RGLD.CN's Current Ratio was at its highest in in the August 2023 quarter at 391.35. The Current Ratio was at its lowest in in the August 2017 quarter at 0.
Average
19.29
Median
21.82
Minimum
0.25
Maximum
36.90
Discovering the peaks and valleys of Red Lake Gold 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 = 14.80%
Maximum Annual Current Ratio = 36.90
Minimum Annual Increase = -98.96%
Minimum Annual Current Ratio = 0.25
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 13.80 | 185.44% |
| 2023 | 4.83 | -82.12% |
| 2022 | 27.04 | 35.91% |
| 2021 | 19.90 | -28.63% |
| 2020 | 27.88 | -24.45% |
| 2019 | 36.90 | 14.80% |
| 2018 | 0.25 | -98.96% |
The current Current Ratio of Red Lake Gold Inc. (RGLD.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
15.23
5-year avg
18.69
10-year avg
19.29
Red Lake Gold Inc.’s Current Ratio is less than Ophir Gold Corp. (18.29), less than Nine Mile Metals Ltd. (0.29), less than Gungnir Resources Inc. (14.66), less than Falcon Gold Corp. (0.34), less than iMetal Resources Inc. (0.14), less than Southern Empire Resources Corp. (0.02), less than Patriot Gold Corp. (0.15), less than Emergent Metals Corp. (0.08), less than N.V. Gold Corporation (0.13), less than CAT Strategic Metals Corporation (0.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 18.29 | $2.47M | |
| 0.29 | $14.81M | |
| 14.66 | $2.99M | |
| 0.34 | $3.55M | |
| 0.14 | $1.11M | |
| 0.02 | $4.52M | |
| 0.15 | $2.11M | |
| 0.08 | $1.94M | |
| 0.13 | $3.93M | |
| 0.02 | $3.17M |
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