Torq Resources Inc.

Torq Resources Inc.verified

TORQ.V

Price:

$0.075

Market Cap:

$9.73M

Torq Resources Inc., a junior exploration company, engages in the acquisition and exploration of mineral properties in the Americas. It has an option to acquire 100% interests in the Margarita iron oxide-copper-gold project covering an area of approximately 1,045 hectares located in the city of Copiapo, Chile; Santa Cecilia gold-copper project, which covers an area of 3,250-hectares located in Chile; and Andrea copper porphyry project that covers an area of 1,200 hectares located in northern Chile. The company was formerly known as Stratton Resources Inc. and changed its name to Torq Resources Inc. in March 2017. Torq Resources Inc. is headquartered in Vancouver, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2007-10-25

Stock Exchange

TSXV

Ticker

TORQ.V

The Current Ratio as of September 2024 (TTM) for Torq Resources Inc. (TORQ.V) is 0.22

According to Torq Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.22. This represents a change of -74.71% compared to the average of 0.85 of the last 4 quarters.

Torq Resources Inc. (TORQ.V) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Torq Resources Inc. over the last ten years is 25.26. The current 0.22 Current Ratio has changed -14.51% with respect to the historical average. Over the past ten years (40 quarters), TORQ.V's Current Ratio was at its highest in in the September 2017 quarter at 104.75. The Current Ratio was at its lowest in in the June 2024 quarter at 0.22.

Quarterly (TTM)
Annual

Average

25.26

Median

8.85

Minimum

0.35

Maximum

78.61

Torq Resources Inc. (TORQ.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Torq 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 = 2.69%

Maximum Annual Current Ratio = 78.61

Minimum Annual Increase = -91.05%

Minimum Annual Current Ratio = 0.35

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.90-88.61%
20227.9497.93%
20214.01-91.05%
202044.82-11.07%
201950.40-8.77%
201855.25-29.72%
201778.61705.03%
20169.762.69%
20150.35-37.93%
20140.56-28.50%

Torq Resources Inc. (TORQ.V) Average Current Ratio

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

The current Current Ratio of Torq Resources Inc. (TORQ.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

4.29

5-year avg

21.62

10-year avg

25.26

Torq Resources Inc. (TORQ.V) Current Ratio vs. Peers

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

Torq Resources Inc.’s Current Ratio is less than null (0), less than null (0), less than null (0), less than null (0), less than null (0),

CompanyCurrent RatioMarket cap
0$0
0$0
0$0
0$0
0$0

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