Makara Mining Corp.

Makara Mining Corp.verified

MAKAF

Price:

$0.08

Market Cap:

$654.27K

Makara Mining Corp., a mineral exploration company, focuses on the acquisition, exploration, and development of gold properties. It holds an option to acquire the 100% interest in the Kenora Gold Property that consists of 40 mineral tenures located in Kenora Mining Region, Ontario; a 70% interest in the Rude Creek Property that consists of 204 mineral claims covering an area of 4,157 hectares located in the Whitehorse Mining District in the Yukon Territory; and a 100% in the Idaho Creek Property that consists of 58 mineral tenures located in the Whitehorse Mining District in the Yukon Territory. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.[Read more]

Industry

Gold

IPO Date

2020-06-22

Stock Exchange

PNK

Ticker

MAKAF

The Current Ratio as of September 2024 (TTM) for Makara Mining Corp. (MAKAF) is 0.01

According to Makara Mining Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.01. This represents a change of -27.97% compared to the average of 0.02 of the last 4 quarters.

Makara Mining Corp. (MAKAF) Historical Current Ratio (quarterly & annually)

How has MAKAF Current Ratio performed in the past?

The mean historical Current Ratio of Makara Mining Corp. over the last ten years is 7.90. The current 0.01 Current Ratio has changed -82.03% with respect to the historical average. Over the past ten years (40 quarters), MAKAF's Current Ratio was at its highest in in the June 2020 quarter at 44.11. The Current Ratio was at its lowest in in the December 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

7.90

Median

0.27

Minimum

0.02

Maximum

23.36

Makara Mining Corp. (MAKAF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Makara 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 = 0%

Maximum Annual Current Ratio = 23.36

Minimum Annual Increase = -98.28%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.02-76.74%
20220.07-73.62%
20210.27-98.28%
202015.78-32.43%

Makara Mining Corp. (MAKAF) Average Current Ratio

How has MAKAF Current Ratio performed in the past?

The current Current Ratio of Makara Mining Corp. (MAKAF) 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

0.12

5-year avg

7.90

10-year avg

7.90

Makara Mining Corp. (MAKAF) Current Ratio vs. Peers

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

Makara Mining Corp.’s Current Ratio is less than Endurance Gold Corporation (29.91), less than Sixty North Gold Mining Ltd. (0.35), less than St. James Gold Corp. (0.07), less than Contact Gold Corp. (1.40), less than Liberty Gold Corp. (4.92), less than Cerrado Gold Inc. (0.60), less than Exploits Discovery Corp. (15.79), less than Tudor Gold Corp. (3.20), less than Marathon Gold Corporation (1.68), less than Centerra Gold Inc. (3.79), less than Gold Fields Limited (1.77), less than Eldorado Gold Corporation (3.62), less than Osisko Gold Royalties Ltd (4.92), less than SSR Mining Inc. (3.54), less than Fortitude Gold Corporation (13.97), less than New Gold Inc. (1.50), less than Galiano Gold Inc. (2.31), less than GoldMining Inc. (5.27), less than IAMGOLD Corporation (1.34), less than DRDGOLD Limited (1.57), less than Seabridge Gold Inc. (2.11), less than Fortuna Silver Mines Inc. (1.51), less than Sandstorm Gold Ltd. (1.99),

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