DME.V
Price:
$0.305
Market Cap:
$27.53M
Desert Mountain Energy Corp. engages in the exploration and development of oil and gas, and mineral properties in the United States, Canada, and internationally. It holds interest in the Holbrook Basin helium project covering an area of 65,912 acres located in the Northern Arizona; the Kight Gilcrease Sand Unit oil and gas project comprising 7 wells covering an area of 883.7 acres located in the Seminole County, Oklahoma; and has acquired 8,510 acres in Navajo County, Arizona. The company was formerly known as African Queen Mines Ltd. and changed its name to Desert Mountain Energy Corp. in April 2018. The company was incorporated in 2008 and is based in Vancouver, Canada.[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2009-01-29
Stock Exchange
TSXV
Ticker
DME.V
According to Desert Mountain Energy Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 7.61. This represents a change of -23.07% compared to the average of 9.89 of the last 4 quarters.
The mean historical Current Ratio of Desert Mountain Energy Corp. over the last ten years is 23.20. The current 7.61 Current Ratio has changed 3.18% with respect to the historical average. Over the past ten years (40 quarters), DME.V's Current Ratio was at its highest in in the June 2021 quarter at 237.31. The Current Ratio was at its lowest in in the June 2018 quarter at 0.39.
Average
23.20
Median
5.15
Minimum
0.45
Maximum
141.75
Discovering the peaks and valleys of Desert Mountain Energy 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 = 1.58%
Maximum Annual Current Ratio = 141.75
Minimum Annual Increase = -89.16%
Minimum Annual Current Ratio = 0.45
Year | Current Ratio | Change |
---|---|---|
2023 | 14.19 | 149.34% |
2022 | 5.69 | -89.16% |
2021 | 52.51 | -62.96% |
2020 | 141.75 | 1.58% |
2019 | 8.42 | 82.33% |
2018 | 4.62 | 201.74% |
2017 | 1.53 | 240.86% |
2016 | 0.45 | -71.54% |
2015 | 1.58 | 22.50% |
2014 | 1.29 | -45.81% |
The current Current Ratio of Desert Mountain Energy Corp. (DME.V) 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
24.13
5-year avg
44.51
10-year avg
23.20
Desert Mountain Energy Corp.’s Current Ratio is greater than ReGen III Corp. (0.34), greater than Royal Helium Ltd. (0.25), less than Surge Copper Corp. (0), greater than Kutcho Copper Corp. (4.53), less than null (8.19),
Company | Current Ratio | Market cap |
---|---|---|
0.34 | $17.75M | |
0.25 | $17.89M | |
0 | $28.64M | |
4.53 | $17.04M | |
8.19 | $0 |
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