RIGMF
Price:
$0.16974
Market Cap:
$3.64M
Ridgestone Mining Inc. is engaged in the acquisition, exploration, and development of mineral properties primarily within Mexico. The company focuses its exploration efforts on precious metals such as gold and silver, in addition to base metals like copper and others. Among its key assets is the wholly-owned Rebeico Gold-Copper project, located in Sonora, Mexico, which comprises 16 concessions spanning approximately 3,459 hectares. Ridgestone also holds an option to secure 100% ownership of the Guadalupe y Calvo project in Mexico's Chihuahua State. Established in 2017, the company maintains its corporate headquarters in North Vancouver, Canada.
Industry
Industrial Materials
IPO Date
2018-10-19
Stock Exchange
OTC
Ticker
RIGMF
According to Ridgestone Mining Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.12. This represents a change of 15.99% compared to the average of 0.10 of the last 4 quarters.
The mean historical Current Ratio of Ridgestone Mining Inc. over the last ten years is 9.93. The current 0.12 Current Ratio has changed 17.13% with respect to the historical average. Over the past ten years (40 quarters), RIGMF's Current Ratio was at its highest in in the December 2017 quarter at 81.99. The Current Ratio was at its lowest in in the June 2017 quarter at 0.
Average
9.93
Median
0.73
Minimum
0.08
Maximum
81.99
Discovering the peaks and valleys of Ridgestone Mining 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 = 1.13%
Maximum Annual Current Ratio = 81.99
Minimum Annual Increase = -96.02%
Minimum Annual Current Ratio = 0.08
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.08 | -72.51% |
| 2024 | 0.28 | -63.06% |
| 2023 | 0.76 | 137.88% |
| 2022 | 0.32 | -82.32% |
| 2021 | 1.82 | 1.13% |
| 2020 | 0.15 | -79.76% |
| 2019 | 0.73 | -77.68% |
| 2018 | 3.26 | -96.02% |
The current Current Ratio of Ridgestone Mining Inc. (RIGMF) 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
0.37
5-year avg
0.65
10-year avg
9.93
Ridgestone Mining Inc.’s Current Ratio is greater than Norra Metals Corp. (0.05), greater than Lucky Minerals Inc. (0.01), greater than Wolverine Technologies Corp. (0.10), less than Enertopia Corp. (1.41), greater than Forty Pillars Mining Corp. (0.03), less than Tearlach Resources Limited (0.94), greater than Quest Critical Metals Inc. (0.04), greater than Champion Bear Resources Ltd. (0.01), less than Fuse Battery Metals Inc. (0.38), less than Troubadour Resources Inc. (0.58),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.05 | $1.09M | |
| 0.01 | $1.19M | |
| 0.10 | $375.67K | |
| 1.41 | $826.12K | |
| 0.03 | $361.01K | |
| 0.94 | $8.83K | |
| 0.04 | $846.14K | |
| 0.01 | $5.27M | |
| 0.38 | $1.13M | |
| 0.58 | $889.17K |
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