TRARF
Price:
$0.004
Market Cap:
$1.00M
Teras Resources Inc. concentrates its activities on the acquisition, prospecting, and advancement of mineral properties situated in Montana, Nevada, and the Cahuilla area of California. The firm is primarily involved in seeking out precious metals such as gold and silver. Its premier holding is the Cahuilla project, which is located in Imperial County, California. Previously known as Profile Resources Inc., the company adopted the name Teras Resources Inc. in September 2006. The principal offices for Teras Resources Inc. are established in Calgary, Canada.
Industry
Gold
IPO Date
2012-08-03
Stock Exchange
OTC
Ticker
TRARF
According to Teras Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.03. This represents a change of 90.86% compared to the average of 0.54 of the last 4 quarters.
The mean historical Current Ratio of Teras Resources Inc. over the last ten years is 1.49. The current 1.03 Current Ratio has changed 6.84% with respect to the historical average. Over the past ten years (40 quarters), TRARF's Current Ratio was at its highest in in the August 2017 quarter at 11.01. The Current Ratio was at its lowest in in the November 2019 quarter at 0.20.
Average
1.49
Median
1.33
Minimum
0.43
Maximum
3.49
Discovering the peaks and valleys of Teras 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 = 82.18%
Maximum Annual Current Ratio = 3.49
Minimum Annual Increase = -52.17%
Minimum Annual Current Ratio = 0.43
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 1.03 | 33.14% |
| 2021 | 0.78 | 82.18% |
| 2020 | 0.43 | -50.56% |
| 2019 | 0.86 | -52.17% |
| 2018 | 1.80 | -48.40% |
| 2017 | 3.49 | 80.81% |
| 2016 | 1.93 | -0.01% |
| 2015 | 1.93 | 18.25% |
| 2014 | 1.63 | 63.59% |
The current Current Ratio of Teras Resources Inc. (TRARF) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
0.75
5-year avg
0.98
10-year avg
1.49
Teras Resources Inc.’s Current Ratio is less than First Au Limited (2.14), greater than Gelum Resources Ltd. (0.12), greater than Monarch Mining Corporation (0.30), greater than Kainantu Resources Ltd. (0.71), greater than Tantalex Lithium Resources Corp. (0.05), greater than Magna Gold Corp. (0), greater than Lovitt Resources Inc. (0.00), less than Horizonte Minerals Plc (7.34), greater than Ashanti Sankofa Inc. (0.19), less than Pure Gold Mining Inc. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.14 | $25.12M | |
| 0.12 | $20.59M | |
| 0.30 | $755.90K | |
| 0.71 | $708.74K | |
| 0.05 | $22.68M | |
| 0 | $734.09K | |
| 0.00 | $870.96K | |
| 7.34 | $1.05M | |
| 0.19 | $831.90K | |
| 0 | $681.82K |
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