TBX.V
Price:
$0.14
Market Cap:
$13.86M
Turmalina Metals Corp. engages in the acquisition, exploration, and evaluation of mineral resource properties in South America. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the San Francisco project covering 34,651 hectares located in San Juan Province, Argentina. The company also holds an option to acquire 100% interest in the Miranda project, Argentina project, and Chanape project located in Peru. The company was formerly known as Turmalina Copper Corp. and changed its name to Turmalina Metals Corp. in June 2019. The company was incorporated in 2017 and is headquartered in Vancouver, Canada.
Industry
Other Precious Metals
IPO Date
2019-12-04
Stock Exchange
TSXV
Ticker
TBX.V
According to Turmalina Metals Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.08. This represents a change of -92.73% compared to the average of 1.08 of the last 4 quarters.
The mean historical Current Ratio of Turmalina Metals Corp. over the last ten years is 14.22. The current 0.08 Current Ratio has changed -44.50% with respect to the historical average. Over the past ten years (40 quarters), TBX.V's Current Ratio was at its highest in in the June 2020 quarter at 109.54. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
14.22
Median
0.23
Minimum
0.07
Maximum
51.08
Discovering the peaks and valleys of Turmalina Metals 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 = 15.88%
Maximum Annual Current Ratio = 51.08
Minimum Annual Increase = -99.36%
Minimum Annual Current Ratio = 0.07
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.08 | -52.32% |
| 2023 | 0.17 | -27.99% |
| 2022 | 0.23 | -99.36% |
| 2021 | 36.14 | -29.25% |
| 2020 | 51.08 | 334.59% |
| 2019 | 11.75 | 15.88% |
The current Current Ratio of Turmalina Metals Corp. (TBX.V) 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
0.16
5-year avg
17.54
10-year avg
14.22
Turmalina Metals Corp.’s Current Ratio is less than Copper Giant Resources Corp. (0.29), less than Blackwolf Copper and Gold Ltd. (3.94), less than Ascendant Resources Inc. (0.08), greater than Auxico Resources Canada Inc. (0.05), less than Medicine Man Technologies, Inc. (0.97), greater than Tantalex Lithium Resources Corp. (0.07), less than Norseman Silver Inc. (12.80), less than Cosa Resources Corp. (13.99), less than PTX Metals Inc. (2.35), less than Callinex Mines Inc. (0.85),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.29 | $48.84M | |
| 3.94 | $16.60M | |
| 0.08 | $14.00M | |
| 0.05 | $11.75M | |
| 0.97 | $13.61M | |
| 0.07 | $13.61M | |
| 12.80 | $9.28M | |
| 13.99 | $14.25M | |
| 2.35 | $12.51M | |
| 0.85 | $14.31M |
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