Wolfden Resources Corporation

Wolfden Resources Corporationverified

WLF.V

Price:

$0.04

Market Cap:

$7.16M

Wolfden Resources Corporation engages in the acquisition, exploration, and development of mineral properties. The company explores for nickel, copper, cobalt, zinc, lead, and sulphide deposits. Its flagship project is a 100% owned the Rice Island project that covers 2,611 acres of land located in the Snow Lake-Flin Flon greenstone belt, Manitoba. Wolfden Resources Corporation was incorporated in 2009 and is headquartered in Thunder Bay, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2012-11-06

Stock Exchange

TSXV

Ticker

WLF.V

The Current Ratio as of September 2024 (TTM) for Wolfden Resources Corporation (WLF.V) is 3.12

According to Wolfden Resources Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 3.12. This represents a change of -24.44% compared to the average of 4.12 of the last 4 quarters.

Wolfden Resources Corporation (WLF.V) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Wolfden Resources Corporation over the last ten years is 7.13. The current 3.12 Current Ratio has changed 4.27% with respect to the historical average. Over the past ten years (40 quarters), WLF.V's Current Ratio was at its highest in in the June 2022 quarter at 97.78. The Current Ratio was at its lowest in in the December 2018 quarter at 1.10.

Quarterly (TTM)
Annual

Average

7.13

Median

6.97

Minimum

1.10

Maximum

14.88

Wolfden Resources Corporation (WLF.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Wolfden Resources Corporation 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 = 546.47%

Maximum Annual Current Ratio = 14.88

Minimum Annual Increase = -88.72%

Minimum Annual Current Ratio = 1.10

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.40-62.70%
20226.44-54.59%
202114.18546.47%
20202.19-42.07%
20193.79243.68%
20181.10-88.72%
20179.77-34.36%
201614.8864.20%
20159.0620.68%
20147.51-53.79%

Wolfden Resources Corporation (WLF.V) Average Current Ratio

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

The current Current Ratio of Wolfden Resources Corporation (WLF.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

7.67

5-year avg

5.80

10-year avg

7.13

Wolfden Resources Corporation (WLF.V) Current Ratio vs. Peers

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

Wolfden Resources Corporation’s Current Ratio is less than Altamira Gold Corp. (9.32), greater than Vendetta Mining Corp. (0.07), less than Transition Metals Corp. (8.01), less than null (0), less than null (0),

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