SWNLF
Price:
$0.38
Market Cap:
$28.42M
EDM Resources Inc. is a Canadian enterprise primarily focused on the prospecting and geological assessment of mineral deposits throughout the nation. The company's exploratory endeavors target the discovery of zinc, lead, and gypsum reserves. It holds complete ownership of the Scotia Mine, in addition to a portfolio of other potential mineral assets, all situated within the Halifax region of Nova Scotia. Established in 2004, this firm, with its corporate headquarters in Halifax, Canada, operated as ScoZinc Mining Ltd. until it adopted its current name, EDM Resources Inc., in January 2022.
Industry
Industrial Materials
IPO Date
2007-06-07
Stock Exchange
OTC
Ticker
SWNLF
According to EDM Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 23.84. This represents a change of 252.33% compared to the average of 6.77 of the last 4 quarters.
The mean historical Current Ratio of EDM Resources Inc. over the last ten years is 3.98. The current 23.84 Current Ratio has changed 59.85% with respect to the historical average. Over the past ten years (40 quarters), SWNLF's Current Ratio was at its highest in in the March 2026 quarter at 23.84. The Current Ratio was at its lowest in in the June 2016 quarter at 0.
Average
3.98
Median
1.37
Minimum
0.38
Maximum
17.66
Discovering the peaks and valleys of EDM 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 = 766.93%
Maximum Annual Current Ratio = 17.66
Minimum Annual Increase = -91.72%
Minimum Annual Current Ratio = 0.38
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.11 | 154.26% |
| 2024 | 0.83 | 121.27% |
| 2023 | 0.38 | -69.84% |
| 2022 | 1.25 | -83.36% |
| 2021 | 7.49 | 766.93% |
| 2020 | 0.86 | -41.98% |
| 2019 | 1.49 | 153.15% |
| 2018 | 0.59 | -91.72% |
| 2017 | 7.10 | -59.78% |
| 2016 | 17.66 | -17.00% |
The current Current Ratio of EDM Resources Inc. (SWNLF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.11
5-year avg
2.41
10-year avg
3.98
EDM Resources Inc.’s Current Ratio is greater than Vertical Exploration Inc. (0.09), greater than Northern Lights Resources Corp. (0.48), greater than Rokmaster Resources Corp. (0.27), less than Fathom Nickel Inc. (35.36), greater than One World Lithium Inc. (0.00), greater than Grizzly Discoveries Inc. (7.10), greater than American Lithium Minerals, Inc. (0.02), greater than Vision Lithium Inc. (0.57), greater than THEMAC Resources Group Limited (0.00), greater than Calissio Resources Group, Inc. (0.03),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.09 | $244.65K | |
| 0.48 | $6.12M | |
| 0.27 | $4.51M | |
| 35.36 | $5.07M | |
| 0.00 | $6.59M | |
| 7.10 | $9.11M | |
| 0.02 | $4.48M | |
| 0.57 | $2.75M | |
| 0.00 | $3.84M | |
| 0.03 | $361.12K |
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What is the Current Ratio?
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How does the current Current Ratio for EDM Resources Inc. (SWNLF) compare to its historical average?