TORQ.V
Price:
$0.08
Market Cap:
$11.13M
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
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.
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.
Average
25.26
Median
8.85
Minimum
0.35
Maximum
78.61
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
Year | Current Ratio | Change |
---|---|---|
2023 | 0.90 | -88.61% |
2022 | 7.94 | 97.93% |
2021 | 4.01 | -91.05% |
2020 | 44.82 | -11.07% |
2019 | 50.40 | -8.77% |
2018 | 55.25 | -29.72% |
2017 | 78.61 | 705.03% |
2016 | 9.76 | 2.69% |
2015 | 0.35 | -37.93% |
2014 | 0.56 | -28.50% |
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.’s Current Ratio is less than null (0), less than null (0), less than null (0), less than null (0), less than null (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 Torq Resources Inc. 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 Torq Resources Inc. 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 Torq Resources Inc.'s Current Ratio?
How is the Current Ratio calculated for Torq Resources Inc. (TORQ.V)?
What is the highest Current Ratio for Torq Resources Inc. (TORQ.V)?
What is the 3-year average Current Ratio for Torq Resources Inc. (TORQ.V)?
What is the 5-year average Current Ratio for Torq Resources Inc. (TORQ.V)?
How does the current Current Ratio for Torq Resources Inc. (TORQ.V) compare to its historical average?