TLLZF
Price:
$0.0526
Market Cap:
$25.68M
Gold Line Resources Ltd. engages in the acquisition and exploration of mineral properties in Sweden and Finland. It focuses on gold metals. The company's portfolio includes the Gold Line Project that comprises the Långtjärn, the Blåbärliden, the Paubäcken, and the Kankberg Norra properties located in the Gold Line of Northern Sweden; and Klippen Gold Project that consists of an exploration license located in the Kingdom of Sweden. It also entered into an agreement to acquire a 100% interest in the Oijärvi Gold Project located in central Finland and the Solvik Gold Project located in southern Sweden. The company is based in Vancouver, Canada.
Industry
Gold
IPO Date
2020-12-09
Stock Exchange
OTC
Ticker
TLLZF
According to Gold Line Resources Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.10. This represents a change of -90.97% compared to the average of 12.16 of the last 4 quarters.
The mean historical Current Ratio of Gold Line Resources Ltd. over the last ten years is 19.56. The current 1.10 Current Ratio has changed 461.26% with respect to the historical average. Over the past ten years (40 quarters), TLLZF's Current Ratio was at its highest in in the October 2015 quarter at 475.32. The Current Ratio was at its lowest in in the December 2023 quarter at 1.10.
Average
19.56
Median
16.49
Minimum
1.10
Maximum
42.97
Discovering the peaks and valleys of Gold Line Resources Ltd. 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 = 175.34%
Maximum Annual Current Ratio = 42.97
Minimum Annual Increase = -89.06%
Minimum Annual Current Ratio = 1.10
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.10 | -89.06% |
| 2022 | 10.04 | -10.44% |
| 2021 | 11.21 | 175.34% |
| 2020 | 4.07 | -87.65% |
| 2019 | 32.97 | -23.29% |
| 2018 | 42.97 | 32.71% |
| 2017 | 32.38 | 48.77% |
The current Current Ratio of Gold Line Resources Ltd. (TLLZF) 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
7.45
5-year avg
11.88
10-year avg
19.56
Gold Line Resources Ltd.’s Current Ratio is less than Reyna Gold Corp. (16.00), less than Generic Gold Corp. (1.32), less than Pucara Gold Ltd. (4.65), less than Gryphon Gold Corporation (1.12), greater than Antler Gold Inc. (0.07), less than Basin Uranium Corp. (6.77), greater than Quebec Precious Metals Corporation (1.10), less than Silver Lake Ontario Inc. (0), less than Carlyle Commodities Corp. (2.46), greater than Pasinex Resources Limited (0.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 16.00 | $2.68M | |
| 1.32 | $3.94M | |
| 4.65 | $2.74M | |
| 1.12 | $2.92M | |
| 0.07 | $2.84M | |
| 6.77 | $2.27M | |
| 1.10 | $3.00M | |
| 0 | $2.15M | |
| 2.46 | $2.60M | |
| 0.12 | $2.70M |
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