Cerrado Gold Inc.

Cerrado Gold Inc.verified

CRDOF

Price:

$0.157

Market Cap:

$15.45M

Cerrado Gold Inc. operates as a gold mining and exploration company in South America. The company primarily explores for gold and silver deposits. It owns 100% interests in the Minera Don Nicolas project covering an area of approximately 333,400 ha located in Santa Cruz province, Argentina; Monte Do Carmo gold project that consists of 14 exploration permits covering an area of 67,785 ha located in Tocantins, Brazil; and Minera Mariana, including the Las Calandrias and Los Cisnes projects covering an area of 60,400 ha located in Santa Cruz province of Argentina. The company is headquartered in Toronto, Canada.[Read more]

Industry

Gold

IPO Date

2021-03-23

Stock Exchange

PNK

Ticker

CRDOF

The Current Ratio as of September 2024 (TTM) for Cerrado Gold Inc. (CRDOF) is 0.60

According to Cerrado Gold Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.60. This represents a change of 5.22% compared to the average of 0.57 of the last 4 quarters.

Cerrado Gold Inc. (CRDOF) Historical Current Ratio (quarterly & annually)

How has CRDOF Current Ratio performed in the past?

The mean historical Current Ratio of Cerrado Gold Inc. over the last ten years is 15.04. The current 0.60 Current Ratio has changed 300.37% with respect to the historical average. Over the past ten years (40 quarters), CRDOF's Current Ratio was at its highest in in the September 2020 quarter at 1.20. The Current Ratio was at its lowest in in the March 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

15.04

Median

0.92

Minimum

0.54

Maximum

53.10

Cerrado Gold Inc. (CRDOF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Cerrado Gold 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 = 450.31%

Maximum Annual Current Ratio = 53.10

Minimum Annual Increase = -98.28%

Minimum Annual Current Ratio = 0.54

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.54-36.49%
20220.8510.20%
20210.77-15.59%
20200.92-98.28%
201953.1027.87%
201841.53450.31%

Cerrado Gold Inc. (CRDOF) Average Current Ratio

How has CRDOF Current Ratio performed in the past?

The current Current Ratio of Cerrado Gold Inc. (CRDOF) 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

0.72

5-year avg

11.24

10-year avg

15.04

Cerrado Gold Inc. (CRDOF) Current Ratio vs. Peers

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

Cerrado Gold Inc.’s Current Ratio is greater than Antioquia Gold Inc. (0.30), less than Red Pine Exploration Inc. (2.43), less than Matador Mining Limited (5.73), greater than Osino Resources Corp. (0.49), less than Dacian Gold Limited (2.63), greater than Homerun Resources Inc. (0.42), less than Bellevue Gold Limited (0.86), greater than Asante Gold Corporation (0.22), greater than Antilles Gold Limited (0.27), less than Allegiant Gold Ltd. (4.33), less than Big Ridge Gold Corp. (3.65), less than Condor Gold Plc (239.39), less than C2C Gold Corp. (12.47), less than Dynacor Group Inc. (4.66), greater than Bluestone Resources Inc. (0.05), less than Aurion Resources Ltd. (4.81), greater than Baru Gold Corporation (0.03),

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