CCM.TO
Price:
$0.295
Market Cap:
$37.07M
Canagold Resources Ltd. engages in the acquisition, exploration, and development of precious metal properties in the United States and Canada. The company explores for gold, silver, and copper deposits. Its flagship property is its 100% interest in the New Polaris gold mine project that consist of 61 mineral claims and 1 grid claim covering an area of approximately 2,956 acres located at Tulsequah River Valley. The company was formerly known as Canarc Resource Corp. and changed its name to Canagold Resources Ltd. in December 2020.Canagold Resources Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada.[Read more]
Industry
Gold
IPO Date
1996-04-03
Stock Exchange
TSX
Ticker
CCM.TO
According to Canagold Resources Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.72. This represents a change of -38.46% compared to the average of 6.04 of the last 4 quarters.
The mean historical Current Ratio of Canagold Resources Ltd. over the last ten years is 16.75. The current 3.72 Current Ratio has changed 2.12% with respect to the historical average. Over the past ten years (40 quarters), CCM.TO's Current Ratio was at its highest in in the December 2016 quarter at 90.85. The Current Ratio was at its lowest in in the June 2015 quarter at 0.37.
Average
16.75
Median
8.24
Minimum
0.43
Maximum
90.85
Discovering the peaks and valleys of Canagold 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 = 20.95%
Maximum Annual Current Ratio = 90.85
Minimum Annual Increase = -83.99%
Minimum Annual Current Ratio = 0.43
Year | Current Ratio | Change |
---|---|---|
2023 | 7.38 | 80.96% |
2022 | 4.08 | 28.37% |
2021 | 3.18 | -83.99% |
2020 | 19.84 | 117.91% |
2019 | 9.10 | -15.35% |
2018 | 10.75 | -48.83% |
2017 | 21.02 | -76.87% |
2016 | 90.85 | 20.95% |
2015 | 0.43 | -47.95% |
2014 | 0.83 | 475.71% |
The current Current Ratio of Canagold Resources Ltd. (CCM.TO) 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
4.88
5-year avg
8.72
10-year avg
16.75
Canagold Resources Ltd.’s Current Ratio is greater than Starcore International Mines Ltd. (2.69), less than Chesapeake Gold Corp. (7.94), greater than Emergent Metals Corp. (0.19), greater than Galantas Gold Corporation (0.13), greater than Radius Gold Inc. (3.17),
Company | Current Ratio | Market cap |
---|---|---|
2.69 | $10.36M | |
7.94 | $122.43M | |
0.19 | $3.37M | |
0.13 | $10.90M | |
3.17 | $9.42M |
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