Clarity Gold Corp.

Clarity Gold Corp.verified

CLGCF

Price:

$0.033

Market Cap:

$2.47M

Clarity Gold Corp. engages in the exploration of mineral properties in Canada. It explores for gold, copper, silver, and molybdenum deposits. The company also holds an option to acquire a 100% interest in the flagship Destiny project covering an area of 5,013 hectares located in the Abitibi region in Quebec. It also holds interests in properties situated in British Columbia. The company was formerly known as 1222991 B.C. Ltd. and changed its name to Clarity Gold Corp. in November 2019. Clarity Gold Corp. was incorporated in 2019 and is headquartered in Vancouver, Canada.[Read more]

Industry

Gold

IPO Date

2021-01-08

Stock Exchange

PNK

Ticker

CLGCF

The Current Ratio as of September 2024 (TTM) for Clarity Gold Corp. (CLGCF) is 0.05

According to Clarity Gold Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.05. This represents a change of -34.55% compared to the average of 0.08 of the last 4 quarters.

Clarity Gold Corp. (CLGCF) Historical Current Ratio (quarterly & annually)

How has CLGCF Current Ratio performed in the past?

The mean historical Current Ratio of Clarity Gold Corp. over the last ten years is 2.03. The current 0.05 Current Ratio has changed 165.42% with respect to the historical average. Over the past ten years (40 quarters), CLGCF's Current Ratio was at its highest in in the March 2021 quarter at 15.76. The Current Ratio was at its lowest in in the September 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

2.03

Median

1.19

Minimum

0.09

Maximum

5.44

Clarity Gold Corp. (CLGCF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Clarity Gold 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 = 447.21%

Maximum Annual Current Ratio = 5.44

Minimum Annual Increase = -96.49%

Minimum Annual Current Ratio = 0.09

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.09-96.49%
20222.45-54.92%
20215.44447.21%
20200.99-16.44%

Clarity Gold Corp. (CLGCF) Average Current Ratio

How has CLGCF Current Ratio performed in the past?

The current Current Ratio of Clarity Gold Corp. (CLGCF) 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

2.66

5-year avg

2.03

10-year avg

2.03

Clarity Gold Corp. (CLGCF) Current Ratio vs. Peers

How is CLGCF’s Current Ratio compared to its peers?

Clarity Gold Corp.’s Current Ratio is less than Osisko Development Corp. (0.64), less than DRDGOLD Limited (1.57), less than Southern Arc Minerals Inc. (5.73), less than Osisko Gold Royalties Ltd (4.92), less than Quebec Precious Metals Corporation (3.40), less than Orsu Metals Corporation (4.29), less than Omineca Mining and Metals Ltd. (0.96), greater than Bluestone Resources Inc. (0.05), less than Elemental Altus Royalties Corp. (11.42), less than Aurelius Minerals Inc. (1.58),

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