RMNXF
Price:
$0.0001
Market Cap:
$3.60K
Rainy Mountain Royalty Corp., an exploration stage company, engages in the acquisition and exploration of mineral resource properties in Canada. The company explores for copper, zinc, silver, and gold deposits. It holds interests in the Marshall Lake property located in Ontario. The company was formerly known as East West Resource Corporation and changed its name to Rainy Mountain Royalty Corp. in February 2010. Rainy Mountain Royalty Corp. was incorporated in 2005 and is headquartered in West Vancouver, Canada.
Industry
Industrial Materials
IPO Date
2014-10-01
Stock Exchange
OTC
Ticker
RMNXF
According to Rainy Mountain Royalty Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.03. This represents a change of -55.00% compared to the average of 0.06 of the last 4 quarters.
The mean historical Current Ratio of Rainy Mountain Royalty Corp. over the last ten years is 0.68. The current 0.03 Current Ratio has changed 276.30% with respect to the historical average. Over the past ten years (40 quarters), RMNXF's Current Ratio was at its highest in in the October 2017 quarter at 5.29. The Current Ratio was at its lowest in in the October 2020 quarter at 0.01.
Average
0.68
Median
0.21
Minimum
0.03
Maximum
3.96
Discovering the peaks and valleys of Rainy Mountain Royalty 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 = 1.48%
Maximum Annual Current Ratio = 3.96
Minimum Annual Increase = -89.04%
Minimum Annual Current Ratio = 0.03
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.04 | -77.62% |
| 2024 | 0.16 | -67.46% |
| 2023 | 0.50 | -2.59% |
| 2022 | 0.51 | 213.01% |
| 2021 | 0.16 | 450.98% |
| 2020 | 0.03 | -74.21% |
| 2019 | 0.12 | -89.04% |
| 2018 | 1.06 | -73.35% |
| 2017 | 3.96 | 1.48% |
| 2016 | 0.25 | -43.77% |
The current Current Ratio of Rainy Mountain Royalty Corp. (RMNXF) 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
0.23
5-year avg
0.28
10-year avg
0.68
Rainy Mountain Royalty Corp.’s Current Ratio is greater than Rathdowney Resources Ltd. (0.02), less than Newport Exploration Ltd. (117.36), less than Pershing Resources Company, Inc. (0.04), less than Canada Carbon Inc. (0.07), less than Québec Nickel Corp. (42.28), less than K9 Gold Corp. (0.43), less than Smooth Rock Ventures Corp. (0.31), less than Goldrea Resources Corp. (0.22), less than Prosper Gold Corp. (3.59), less than Ameriwest Lithium Inc. (0.73),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.02 | $2.30M | |
| 117.36 | $6.33M | |
| 0.04 | $2.01M | |
| 0.07 | $629.93K | |
| 42.28 | $749.13K | |
| 0.43 | $2.95M | |
| 0.31 | $1.73M | |
| 0.22 | $2.23M | |
| 3.59 | $1.43M | |
| 0.73 | $2.89M |
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