Minaurum Gold Inc.

Minaurum Gold Inc.verified

MMRGF

Price:

$0.1351

Market Cap:

$79.34M

Minaurum Gold Inc., an exploration stage company, engages in the acquisition, evaluation, and exploration of mineral properties in Mexico. The company explores for gold, silver, copper, lead, and zinc deposits. Its flagship project is the Alamos project, which has 16 mining claims covering an area of 37,928.5 hectares in Southern Sonora. The company was formerly known as Chava Resources Ltd. and changed its name to Minaurum Gold Inc. in November 2009. Minaurum Gold Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.[Read more]

Industry

Gold

IPO Date

2012-08-03

Stock Exchange

PNK

Ticker

MMRGF

The Current Ratio as of December 2024 (TTM) for Minaurum Gold Inc. (MMRGF) is 11.43

According to Minaurum Gold Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 11.43. This represents a change of -2.52% compared to the average of 11.73 of the last 4 quarters.

Minaurum Gold Inc. (MMRGF) Historical Current Ratio (quarterly & annually)

How has MMRGF Current Ratio performed in the past?

The mean historical Current Ratio of Minaurum Gold Inc. over the last ten years is 15.71. The current 11.43 Current Ratio has changed 7.18% with respect to the historical average. Over the past ten years (40 quarters), MMRGF's Current Ratio was at its highest in in the October 2018 quarter at 102.71. The Current Ratio was at its lowest in in the April 2024 quarter at 2.03.

Quarterly (TTM)
Annual

Average

15.71

Median

13.36

Minimum

2.03

Maximum

51.85

Minaurum Gold Inc. (MMRGF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Minaurum Gold 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 = 1.38%

Maximum Annual Current Ratio = 51.85

Minimum Annual Increase = -84.29%

Minimum Annual Current Ratio = 2.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.03-84.29%
202312.89-9.22%
202214.202.70%
202113.82-17.26%
202016.71-19.43%
201920.74115.27%
20189.63-17.92%
201711.73-77.37%
201651.851.38%
20153.509.54%

Minaurum Gold Inc. (MMRGF) Average Current Ratio

How has MMRGF Current Ratio performed in the past?

The current Current Ratio of Minaurum Gold Inc. (MMRGF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

9.70

5-year avg

11.93

10-year avg

15.71

Minaurum Gold Inc. (MMRGF) Current Ratio vs. Peers

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

Minaurum Gold Inc.’s Current Ratio is less than Rio2 Limited (17.39), greater than Matador Mining Limited (5.73), greater than Aurion Resources Ltd. (11.18), greater than Norsemont Mining Inc. (0.01), greater than Vior Inc. (4.25), greater than Peloton Minerals Corporation (0.02), less than BTU Metals Corp. (26.91), greater than Palamina Corp. (2.14), greater than Osino Resources Corp. (0.49), greater than Moneta Gold Inc. (1.56), greater than Minera Alamos Inc. (1.41), greater than Roscan Gold Corporation (0.04),

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