Metallis Resources Inc.

Metallis Resources Inc.verified

MTLFF

Price:

$0.13

Market Cap:

$12.13M

Metallis Resources Inc. engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, copper, nickel, and silver deposits. It holds 100% interest in the Kirkham property that comprises 30 contiguous claims covering an area of approximately 10,610 hectares located in north-western British Columbia. The company was formerly known as Coltstar Ventures Inc. and changed its name to Metallis Resources Inc. in July 2013. Metallis Resources Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2021-01-08

Stock Exchange

PNK

Ticker

MTLFF

The Current Ratio as of September 2024 (TTM) for Metallis Resources Inc. (MTLFF) is 0.98

According to Metallis Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.98. This represents a change of 36.15% compared to the average of 0.72 of the last 4 quarters.

Metallis Resources Inc. (MTLFF) Historical Current Ratio (quarterly & annually)

How has MTLFF Current Ratio performed in the past?

The mean historical Current Ratio of Metallis Resources Inc. over the last ten years is 12.08. The current 0.98 Current Ratio has changed 711.39% with respect to the historical average. Over the past ten years (40 quarters), MTLFF's Current Ratio was at its highest in in the March 2018 quarter at 184.07. The Current Ratio was at its lowest in in the March 2016 quarter at 0.14.

Quarterly (TTM)
Annual

Average

12.08

Median

5.51

Minimum

0.19

Maximum

45.55

Metallis Resources Inc. (MTLFF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Metallis Resources 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 = 22.42%

Maximum Annual Current Ratio = 45.55

Minimum Annual Increase = -91.89%

Minimum Annual Current Ratio = 0.19

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.29-91.89%
20223.64-76.25%
202115.3279.70%
20208.5215.38%
20197.39-81.02%
201838.94-14.52%
201745.5522.42%
20160.205.65%
20150.19-73.45%
20140.7263.58%

Metallis Resources Inc. (MTLFF) Average Current Ratio

How has MTLFF Current Ratio performed in the past?

The current Current Ratio of Metallis Resources Inc. (MTLFF) 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

6.42

5-year avg

7.03

10-year avg

12.08

Metallis Resources Inc. (MTLFF) Current Ratio vs. Peers

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

Metallis Resources Inc.’s Current Ratio is less than Base Resources Limited (2.35), less than Macmahon Holdings Limited (1.25), greater than Rokmaster Resources Corp. (0.02), less than Hudson Resources Inc. (31.61), less than Prime Meridian Resources Corp. (0), greater than null (0.21),

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