Nord Precious Metals Mining Inc.
Nord Precious Metals Mining Inc., a junior mining company, engages in the acquisition, evaluation, exploration, and development of mineral properties in Canada. The company primarily explores for silver, copper, nickel, and gold deposits. Its flagship property is the Castle East property that covers an area of approximately 78 square kilometers located in Ontario. The company was formerly known a… Read more
Nord Precious Metals Mining Inc. - Asset Resilience Ratio
Nord Precious Metals Mining Inc. (CCWOD) has an Asset Resilience Ratio of 15.54% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2023)
This chart shows how Nord Precious Metals Mining Inc.'s Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Nord Precious Metals Mining Inc.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $333.32K | 15.54% |
| Total Liquid Assets | $333.32K | 15.54% |
Asset Resilience Insights
- Good Liquidity Position: Nord Precious Metals Mining Inc. maintains a healthy 15.54% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company has significant short-term investments, indicating active treasury management.
Nord Precious Metals Mining Inc. Industry Peers by Asset Resilience Ratio
Compare Nord Precious Metals Mining Inc.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR |
Other Industrial Metals & Mining | 0.13% |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060 |
Other Industrial Metals & Mining | 1.58% |
|
Shengda Mining Co Ltd
SHE:000603 |
Other Industrial Metals & Mining | 4.86% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657 |
Other Industrial Metals & Mining | 0.00% |
|
Guocheng Mining Co Ltd
SHE:000688 |
Other Industrial Metals & Mining | 2.99% |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758 |
Other Industrial Metals & Mining | 1.13% |
|
Huludao Zinc Industry Co Ltd
SHE:000751 |
Other Industrial Metals & Mining | 0.01% |
Annual Asset Resilience Ratio for Nord Precious Metals Mining Inc. (2020–2023)
The table below shows the annual Asset Resilience Ratio data for Nord Precious Metals Mining Inc..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 7.86% | $205.40K | $2.61 Million | +0.68pp |
| 2022-12-31 | 7.19% | $327.32K | $4.55 Million | -3.27pp |
| 2021-12-31 | 10.45% | $916.32K | $8.77 Million | -- |
| 2020-12-31 | 0.00% | $0.00 | $9.36 Million | -- |