Doré Copper Mining Corp.

Doré Copper Mining Corp.verified

DRCMF

Price:

$0.087

Market Cap:

$16.07M

Doré Copper Mining Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada. The company primarily explores for copper and gold deposits. Its primary assets are the Corner Bay project, the Cedar Bay project, the Copper Rand mine, the Devlin deposit, and the Copper Rand tailings management facility located in Chibougamau, Québec, as well as the Joe Mann mine in Chibougamau, Québec. The company was formerly known as AmAuCu Mining Corporation. Doré Copper Mining Corp. was incorporated in 2017 and is based in Toronto, Canada.[Read more]

Industry

Copper

IPO Date

2021-01-08

Stock Exchange

PNK

Ticker

DRCMF

The Current Ratio as of September 2024 (TTM) for Doré Copper Mining Corp. (DRCMF) is 1.12

According to Doré Copper Mining Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.12. This represents a change of -28.79% compared to the average of 1.57 of the last 4 quarters.

Doré Copper Mining Corp. (DRCMF) Historical Current Ratio (quarterly & annually)

How has DRCMF Current Ratio performed in the past?

The mean historical Current Ratio of Doré Copper Mining Corp. over the last ten years is 3.58. The current 1.12 Current Ratio has changed 3.03% with respect to the historical average. Over the past ten years (40 quarters), DRCMF's Current Ratio was at its highest in in the June 2019 quarter at 34.94. The Current Ratio was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

3.58

Median

3.92

Minimum

1.42

Maximum

5.57

Doré Copper Mining Corp. (DRCMF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Doré Copper Mining 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 = 45.40%

Maximum Annual Current Ratio = 5.57

Minimum Annual Increase = -67.06%

Minimum Annual Current Ratio = 1.42

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.9940.43%
20221.42-67.06%
20214.307.26%
20204.012.26%
20193.92-29.63%
20185.5745.40%

Doré Copper Mining Corp. (DRCMF) Average Current Ratio

How has DRCMF Current Ratio performed in the past?

The current Current Ratio of Doré Copper Mining Corp. (DRCMF) 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

2.57

5-year avg

3.13

10-year avg

3.58

Doré Copper Mining Corp. (DRCMF) Current Ratio vs. Peers

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

Doré Copper Mining Corp.’s Current Ratio is less than T2 Metals Corp. (1.15), greater than Imperial Metals Corporation (0.43), greater than Bell Copper Corporation (0.11), less than Copper Fox Metals Inc. (1.31), less than Arizona Sonoran Copper Company Inc. (0), less than CopperCorp Resources Inc. (1.12), less than Nevada Copper Corp. (14.51), greater than Copper Mountain Mining Corporation (0.13), greater than Amerigo Resources Ltd. (1.10), greater than null (0.97),

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