As of June 12, 2025, Patriot Gold Corp (PGOL) reports a Current Ratio of 0.72.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Patriot Gold Corp's Current Ratio
Over recent years, Patriot Gold Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 0.72 |
| 2023-12-31 | 8.11 |
| 2022-12-31 | 14.41 |
| 2021-12-31 | 14.89 |
| 2020-12-31 | 11.00 |
This slight downward trend highlights how Patriot Gold Corp manages its short-term assets and liabilities over time.
Comparing Patriot Gold Corp's Current Ratio to Peers
To better understand Patriot Gold Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Patriot Gold Corp (PGOL) | 0.72 |
| Orsu Metals Corp (OSU.V) | 4.29 |
| Genesis Metals Corp (GIS.V) | 3.88 |
| Tembo Gold Corp (TEM.V) | 3.16 |
| Quebec Precious Metals Corporation (QPM.V) | 2.94 |
| Gatling Exploration Inc (GTR.V) | 2.08 |
Compared to its competitors, Patriot Gold Corp's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.