SRI.V
Price:
$0.035
Market Cap:
$5.95M
Sparton Resources Inc., an exploration and development stage company, engages in the exploration and evaluation of properties in Canada. It has an option agreement to acquire interest in the Bruell Gold Property comprises 20 claims located in Vauquelin Township, Quebec; and Sir Harry Oakes Gold Property, including 46 mining claims and 3 mining leases in the Matachewan Gold Area. The company also has interest in Chebucto natural gas field located in the Sable Island area of offshore Nova Scotia; and engages in the vanadium redox flow battery business. The company is headquartered in Toronto, Canada.
Industry
Industrial Materials
IPO Date
2003-10-09
Stock Exchange
TSXV
Ticker
SRI.V
According to Sparton Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.45. This represents a change of 31.09% compared to the average of 0.35 of the last 4 quarters.
The mean historical Current Ratio of Sparton Resources Inc. over the last ten years is 0.43. The current 0.45 Current Ratio has changed 10.56% with respect to the historical average. Over the past ten years (40 quarters), SRI.V's Current Ratio was at its highest in in the December 2023 quarter at 1.14. The Current Ratio was at its lowest in in the March 2016 quarter at 0.01.
Average
0.43
Median
0.39
Minimum
0.03
Maximum
1.14
Discovering the peaks and valleys of Sparton Resources 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 = 1.87%
Maximum Annual Current Ratio = 1.14
Minimum Annual Increase = -90.54%
Minimum Annual Current Ratio = 0.03
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.37 | -67.72% |
| 2023 | 1.14 | 171.45% |
| 2022 | 0.42 | -38.56% |
| 2021 | 0.68 | 255.61% |
| 2020 | 0.19 | 452.19% |
| 2019 | 0.03 | -73.56% |
| 2018 | 0.13 | -77.08% |
| 2017 | 0.58 | -14.02% |
| 2016 | 0.67 | 1.87% |
| 2015 | 0.03 | -90.54% |
The current Current Ratio of Sparton Resources Inc. (SRI.V) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
0.64
5-year avg
0.56
10-year avg
0.43
Sparton Resources Inc.’s Current Ratio is greater than CameoResInc (0.37), less than Northern Shield Resources Inc. (1.36), greater than AsiaBaseMetals Inc. (0.01), less than Transition Metals Corp. (5.60), greater than Northern Lights Resources Corp. (0.01), less than Murchison Minerals Ltd. (1.24), greater than Rokmaster Resources Corp. (0.15), less than GoldHaven Resources Corp. (5.37), less than First Lithium Minerals Corp. (8.83), greater than Chatham Rock Phosphate Limited (0.11),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.37 | $11.04M | |
| 1.36 | $5.67M | |
| 0.01 | $3.48M | |
| 5.60 | $5.74M | |
| 0.01 | $6.25M | |
| 1.24 | $5.97M | |
| 0.15 | $5.40M | |
| 5.37 | $3.76M | |
| 8.83 | $4.82M | |
| 0.11 | $4.49M |
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