Garibaldi Resources Corp.

Garibaldi Resources Corp.verified

GGIFF

Price:

$0.06

Market Cap:

$11.46M

Garibaldi Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties. The company explores for nickel, copper, cobalt, platinum, palladium, gold, and silver deposits. It holds interests in the Red Lion; Grizzly and Golden Bear; King and King South; E&L; Palm Spring; Sid, Sunrise and Atlin; Black Gold; and Tora Tora properties located in British Columbia, Canada. Garibaldi Resources Corp. was incorporated in 1993 and is headquartered in Vancouver, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2010-04-26

Stock Exchange

PNK

Ticker

GGIFF

The Current Ratio as of November 2024 (TTM) for Garibaldi Resources Corp. (GGIFF) is 0.03

According to Garibaldi Resources Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.03. This represents a change of -84.85% compared to the average of 0.18 of the last 4 quarters.

Garibaldi Resources Corp. (GGIFF) Historical Current Ratio (quarterly & annually)

How has GGIFF Current Ratio performed in the past?

The mean historical Current Ratio of Garibaldi Resources Corp. over the last ten years is 7.81. The current 0.03 Current Ratio has changed -65.41% with respect to the historical average. Over the past ten years (40 quarters), GGIFF's Current Ratio was at its highest in in the April 2019 quarter at 38.69. The Current Ratio was at its lowest in in the July 2024 quarter at 0.03.

Quarterly (TTM)
Annual

Average

7.81

Median

3.18

Minimum

0.09

Maximum

32.59

Garibaldi Resources Corp. (GGIFF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Garibaldi Resources 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 = 7.78%

Maximum Annual Current Ratio = 32.59

Minimum Annual Increase = -94.56%

Minimum Annual Current Ratio = 0.09

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.09-94.56%
20231.7238.41%
20221.24-73.31%
20214.65-69.17%
202015.08-53.73%
201932.59139.99%
201813.587.78%
20170.17-86.28%
20161.26-83.78%
20157.74-38.23%

Garibaldi Resources Corp. (GGIFF) Average Current Ratio

How has GGIFF Current Ratio performed in the past?

The current Current Ratio of Garibaldi Resources Corp. (GGIFF) 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

1.02

5-year avg

4.56

10-year avg

7.81

Garibaldi Resources Corp. (GGIFF) Current Ratio vs. Peers

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

Garibaldi Resources Corp.’s Current Ratio is less than Prime Meridian Resources Corp. (0.21), less than Base Resources Limited (2.35), less than Macmahon Holdings Limited (1.25), less than Hudson Resources Inc. (31.61), greater than Rokmaster Resources Corp. (0.02), less than Norra Metals Corp. (0), greater than E79 Resources Corp. (0), less than Voltage Metals Corp. (99.98), less than Cantex Mine Development Corp. (0.52), less than Amarc Resources Ltd. (7.64), less than null (1.32),

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