RRDMF
Price:
$0.145
Market Cap:
$51.81M
Royal Road Minerals Limited engages in the exploration and development of mineral properties in Colombia, Nicaragua, and Peru. The company primarily explores for gold and copper deposits. It holds interests in the Los Andes project located in Boaco department of Nicaragua; and the Piedra Iman property located in Chinandega district of Nicaragua. The company also holds various mining concession agreements; and holds mining concessions approximately 168,841 hectares of land in prospective mineral belts in the Nariño, Cauca, Antioquia and Caldas departments of Colombia. It has a strategic alliance agreement with Mineros S.A. for joint exploration of Guintar-Niverengo-Margaritas Project. The com...[Read more]
Industry
Gold
IPO Date
2017-10-25
Stock Exchange
OTC
Ticker
RRDMF
According to Royal Road Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 18.91. This represents a change of -37.78% compared to the average of 30.39 of the last 4 quarters.
The mean historical Current Ratio of Royal Road Minerals Limited over the last ten years is 24.07. The current 18.91 Current Ratio has changed 7.76% with respect to the historical average. Over the past ten years (40 quarters), RRDMF's Current Ratio was at its highest in in the December 2020 quarter at 58.45. The Current Ratio was at its lowest in in the June 2020 quarter at 1.73.
Average
24.07
Median
21.08
Minimum
3.23
Maximum
58.45
Discovering the peaks and valleys of Royal Road Minerals Limited 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 = 318.52%
Maximum Annual Current Ratio = 58.45
Minimum Annual Increase = -51.12%
Minimum Annual Current Ratio = 3.23
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 27.04 | -35.96% |
| 2023 | 42.22 | 78.31% |
| 2022 | 23.68 | -33.49% |
| 2021 | 35.60 | -39.10% |
| 2020 | 58.45 | 216.35% |
| 2019 | 18.48 | 10.23% |
| 2018 | 16.76 | 94.87% |
| 2017 | 8.60 | 165.92% |
| 2016 | 3.23 | -51.12% |
| 2015 | 6.62 | 318.52% |
The current Current Ratio of Royal Road Minerals Limited (RRDMF) 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
30.98
5-year avg
37.40
10-year avg
24.07
Royal Road Minerals Limited’s Current Ratio is greater than Kalamazoo Resources Limited (0.23), greater than Westhaven Gold Corp. (4.63), less than Getchell Gold Corp. (30.30), greater than Relevant Gold Corp. (5.54), greater than Headwater Gold Inc. (1.52), greater than Gold Terra Resource Corp. (6.98), greater than Japan Gold Corp. (3.38), greater than Big Ridge Gold Corp. (1.27), less than TriStar Gold, Inc. (30.76), greater than Endurance Gold Corporation (4.40),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.23 | $32.88M | |
| 4.63 | $31.27M | |
| 30.30 | $40.07M | |
| 5.54 | $28.36M | |
| 1.52 | $31.98M | |
| 6.98 | $58.08M | |
| 3.38 | $27.28M | |
| 1.27 | $29.93M | |
| 30.76 | $38.65M | |
| 4.40 | $34.38M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Royal Road Minerals Limited using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Royal Road Minerals Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Royal Road Minerals Limited's Current Ratio?
How is the Current Ratio calculated for Royal Road Minerals Limited (RRDMF)?
What is the highest Current Ratio for Royal Road Minerals Limited (RRDMF)?
What is the 3-year average Current Ratio for Royal Road Minerals Limited (RRDMF)?
What is the 5-year average Current Ratio for Royal Road Minerals Limited (RRDMF)?
How does the current Current Ratio for Royal Road Minerals Limited (RRDMF) compare to its historical average?