Damara Gold Corp.

Damara Gold Corp.verified

DMR.V

Price:

$0.06

Market Cap:

$1.10M

Damara Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold. It acquires a 75% interest in the Placer Mountain property that includes 22 mineral claims covering an area of approximately 8,955 hectares located to the south of Princeton, British Columbia. The company was formerly known as Solomon Resources Limited and changed its name to Damara Gold Corp. in September 2014. Damara Gold Corp. was incorporated in 1989 and is headquartered in Kelowna, Canada.[Read more]

Industry

Gold

IPO Date

1996-04-16

Stock Exchange

TSXV

Ticker

DMR.V

The Current Ratio as of November 2024 (TTM) for Damara Gold Corp. (DMR.V) is 0.11

According to Damara Gold Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.11. This represents a change of -55.00% compared to the average of 0.24 of the last 4 quarters.

Damara Gold Corp. (DMR.V) Historical Current Ratio (quarterly & annually)

How has DMR.V Current Ratio performed in the past?

The mean historical Current Ratio of Damara Gold Corp. over the last ten years is 3.20. The current 0.11 Current Ratio has changed 232.35% with respect to the historical average. Over the past ten years (40 quarters), DMR.V's Current Ratio was at its highest in in the April 2018 quarter at 17.85. The Current Ratio was at its lowest in in the October 2015 quarter at 0.02.

Quarterly (TTM)
Annual

Average

3.20

Median

1.75

Minimum

0.03

Maximum

10.84

Damara Gold Corp. (DMR.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Damara 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 = 3.69%

Maximum Annual Current Ratio = 10.84

Minimum Annual Increase = -95.76%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.42-84.99%
20222.79-74.28%
202110.84698.22%
20201.36-76.06%
20195.67-20.95%
20187.17233.76%
20172.15113.62%
20161.013.69%
20150.03-95.76%
20140.63559.72%

Damara Gold Corp. (DMR.V) Average Current Ratio

How has DMR.V Current Ratio performed in the past?

The current Current Ratio of Damara Gold Corp. (DMR.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

4.68

5-year avg

4.21

10-year avg

3.20

Damara Gold Corp. (DMR.V) Current Ratio vs. Peers

How is DMR.V’s Current Ratio compared to its peers?

Damara Gold Corp.’s Current Ratio is less than Grosvenor Resource Corporation (180.81), greater than Tajiri Resources Corp. (0.03), less than null (0), less than null (0), less than null (0),

CompanyCurrent RatioMarket cap
180.81$941.52K
0.03$6.71M
0$0
0$0
0$0

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