GMV Minerals Inc.

GMV Minerals Inc.verified

GMV.V

Price:

$0.115

Market Cap:

$10.47M

GMV Minerals Inc., an exploration stage company, engages in the sourcing and exploration of mineral properties in Arizona, the United States. The company primarily explores for gold deposits. It holds a 100% interest in the Mexican Hat Gold Project that consists of 42 unpatented lode mining claims covering an area of approximately 4,800 acres located in Cochise County, Arizona. The company was formerly known as Goldmember Minerals Inc. and changed its name to GMV Minerals Inc. in March 2008. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.[Read more]

Industry

Gold

IPO Date

2008-01-04

Stock Exchange

TSXV

Ticker

GMV.V

The Current Ratio as of September 2024 (TTM) for GMV Minerals Inc. (GMV.V) is 4.55

According to GMV Minerals Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.55. This represents a change of -55.35% compared to the average of 10.19 of the last 4 quarters.

GMV Minerals Inc. (GMV.V) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of GMV Minerals Inc. over the last ten years is 8.10. The current 4.55 Current Ratio has changed 5.52% with respect to the historical average. Over the past ten years (40 quarters), GMV.V's Current Ratio was at its highest in in the March 2018 quarter at 56.27. The Current Ratio was at its lowest in in the December 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

8.10

Median

5.37

Minimum

1.17

Maximum

18.40

GMV Minerals Inc. (GMV.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of GMV Minerals 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 = 980.70%

Maximum Annual Current Ratio = 18.40

Minimum Annual Increase = -82.46%

Minimum Annual Current Ratio = 1.17

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.4757.10%
20224.12-77.16%
202118.04375.20%
20203.80-11.16%
20194.27-73.93%
201816.39-10.94%
201718.40980.70%
20161.7045.94%
20151.17-82.46%
20146.65-44.21%

GMV Minerals Inc. (GMV.V) Average Current Ratio

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

The current Current Ratio of GMV Minerals Inc. (GMV.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

9.54

5-year avg

7.34

10-year avg

8.10

GMV Minerals Inc. (GMV.V) Current Ratio vs. Peers

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

GMV Minerals Inc.’s Current Ratio is less than Altamira Gold Corp. (9.32), less than Finlay Minerals Ltd. (0), less than Adamera Minerals Corp. (39.91), greater than Vendetta Mining Corp. (0.64), greater than null (0.07),

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