Granada Gold Mine Inc.

Granada Gold Mine Inc.verified

GGM.V

Price:

$0.025

Market Cap:

$3.97M

Granada Gold Mine Inc., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada. It explores for gold deposits. The company holds 100% interest in the Granada property, which comprises 2 mining leases and 50 mining claims covering an area of 1,474 hectares located in Rouyn-Noranda, Quebec. The company was formerly known as Gold Bullion Development Corp. and changed its name to Granada Gold Mine Inc. in January 2017. The company was incorporated in 1985 and is headquartered in Coquitlam, Canada.[Read more]

Industry

Gold

IPO Date

2010-01-04

Stock Exchange

TSXV

Ticker

GGM.V

The Current Ratio as of September 2024 (TTM) for Granada Gold Mine Inc. (GGM.V) is 0.03

According to Granada Gold Mine Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.03. This represents a change of -6.92% compared to the average of 0.03 of the last 4 quarters.

Granada Gold Mine Inc. (GGM.V) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Granada Gold Mine Inc. over the last ten years is 0.13. The current 0.03 Current Ratio has changed 2.16% with respect to the historical average. Over the past ten years (40 quarters), GGM.V's Current Ratio was at its highest in in the December 2014 quarter at 0.48. The Current Ratio was at its lowest in in the March 2020 quarter at 0.02.

Quarterly (TTM)
Annual

Average

0.13

Median

0.08

Minimum

0.03

Maximum

0.36

Granada Gold Mine Inc. (GGM.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Granada Gold Mine 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 = 319.13%

Maximum Annual Current Ratio = 0.36

Minimum Annual Increase = -93.38%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.03-80.59%
20220.18-50.72%
20210.36314.29%
20200.0945.92%
20190.06-8.06%
20180.0615.59%
20170.06-77.49%
20160.25319.13%
20150.06-50.02%
20140.12-93.38%

Granada Gold Mine Inc. (GGM.V) Average Current Ratio

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

The current Current Ratio of Granada Gold Mine Inc. (GGM.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

0.19

5-year avg

0.14

10-year avg

0.13

Granada Gold Mine Inc. (GGM.V) Current Ratio vs. Peers

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

Granada Gold Mine Inc.’s Current Ratio is less than Triumph Gold Corp. (0.15), greater than Monarca Minerals Inc. (0.01), less than CANEX Metals Inc. (43.43), less than Gungnir Resources Inc. (211.21), less than Inventus Mining Corp. (1.44),

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