MGLQF
Price:
$0.008
Market Cap:
$734.09K
Magna Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in Mexico. The company explores for gold and silver deposits. Its principal property is the San Francisco gold project, which consists of 21 contiguous concessions covering an area of 47,395 hectares located in Sonora, Mexico. The company was incorporated in 2018 and is based in Vancouver, Canada.[Read more]
Industry
Gold
IPO Date
2021-01-08
Stock Exchange
PNK
Ticker
MGLQF
According to Magna Gold Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.79. This represents a change of 154.28% compared to the average of 0.31 of the last 4 quarters.
The mean historical Current Ratio of Magna Gold Corp. over the last ten years is 12.77. The current 0.79 Current Ratio has changed 516.26% with respect to the historical average. Over the past ten years (40 quarters), MGLQF's Current Ratio was at its highest in in the September 2022 quarter at 0.31. The Current Ratio was at its lowest in in the September 2022 quarter at 0.31.
Average
12.77
Median
3.47
Minimum
0.79
Maximum
43.36
Discovering the peaks and valleys of Magna Gold 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 = 43.36
Minimum Annual Increase = -86.12%
Minimum Annual Current Ratio = 0.79
Year | Current Ratio | Change |
---|---|---|
2021 | 0.79 | -13.93% |
2020 | 0.91 | -84.81% |
2020 | 6.02 | -86.12% |
The current Current Ratio of Magna Gold Corp. (MGLQF) 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
2.57
5-year avg
12.77
10-year avg
12.77
Magna Gold Corp.’s Current Ratio is less than Robex Resources Inc. (0.89), greater than Rover Metals Corp. (0.16), less than Eloro Resources Ltd. (0.90), less than Orefinders Resources Inc. (5.38), less than Treasury Metals Inc. (0.90), less than Gold Bull Resources Corp. (8.87), less than Leviathan Gold Ltd. (7.87), less than Rackla Metals Inc. (4.57), less than Japan Gold Corp. (0), less than Loncor Gold Inc. (3.97), less than null (2.24),
Company | Current Ratio | Market cap |
---|---|---|
0.89 | $233.00M | |
0.16 | $1.11M | |
0.90 | $49.85M | |
5.38 | $12.51M | |
0.90 | $46.96M | |
8.87 | $3.45M | |
7.87 | $997.24K | |
4.57 | $6.63M | |
0 | $12.31M | |
3.97 | $52.57M | |
2.24 | $0 |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Magna Gold Corp. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Magna Gold Corp. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Magna Gold Corp.'s Current Ratio?
How is the Current Ratio calculated for Magna Gold Corp. (MGLQF)?
What is the highest Current Ratio for Magna Gold Corp. (MGLQF)?
What is the 3-year average Current Ratio for Magna Gold Corp. (MGLQF)?
What is the 5-year average Current Ratio for Magna Gold Corp. (MGLQF)?
How does the current Current Ratio for Magna Gold Corp. (MGLQF) compare to its historical average?