Freeport Resources Inc.

Freeport Resources Inc.verified

FRI.V

Price:

$0.05

Market Cap:

$13.10M

Freeport Resources Inc., a junior mineral exploration company, engages in the exploration and evaluation of mineral properties in Papua New Guinea, Newfoundland and Labrador, and British Columbia. Its projects include Star Mountain project and Yandera copper project located in Papua New Guinea. Freeport Resources Inc. was incorporated in 1981 and is headquartered in Vancouver, Canada.[Read more]

Industry

Industrial Materials

IPO Date

1996-08-08

Stock Exchange

TSXV

Ticker

FRI.V

The Current Ratio as of October 2024 (TTM) for Freeport Resources Inc. (FRI.V) is 26.36

According to Freeport Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 26.36. This represents a change of 81.82% compared to the average of 14.50 of the last 4 quarters.

Freeport Resources Inc. (FRI.V) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Freeport Resources Inc. over the last ten years is 4.71. The current 26.36 Current Ratio has changed 55.87% with respect to the historical average. Over the past ten years (40 quarters), FRI.V's Current Ratio was at its highest in in the April 2021 quarter at 59.27. The Current Ratio was at its lowest in in the April 2020 quarter at 0.00.

Quarterly (TTM)
Annual

Average

4.71

Median

0.99

Minimum

0.00

Maximum

25.56

Freeport Resources Inc. (FRI.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Freeport Resources 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 = 751.53%

Maximum Annual Current Ratio = 25.56

Minimum Annual Increase = -96.36%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20246.69258.17%
20231.87-82.18%
202210.48-59.02%
202125.56751.53%
20200.00-96.36%
20190.0927.19%
20180.07-35.13%
20170.1122.44%
20160.09-95.66%
20152.1312.44%

Freeport Resources Inc. (FRI.V) Average Current Ratio

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

The current Current Ratio of Freeport Resources Inc. (FRI.V) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

6.34

5-year avg

8.92

10-year avg

4.71

Freeport Resources Inc. (FRI.V) Current Ratio vs. Peers

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

Freeport Resources Inc.’s Current Ratio is

CompanyCurrent RatioMarket cap

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