Northern Minerals & Exploration Ltd

PINK:NMEX USA Other Precious Metals & Mining
Market Cap
$7.78 Million
Market Cap Rank
#30579 Global
#10076 in USA
Share Price
$0.07
Change (1 day)
-12.30%
52-Week Range
$0.07 - $0.12
All Time High
$0.31
About

Northern Minerals & Exploration Ltd. operates as a natural resource company in the United States. It engages in the production of oil and gas in central Texas; and exploration for gold and silver in northern Nevada. The company was formerly known as Punchline Resources Ltd. and changed its name to Northern Minerals & Exploration Ltd. in August 2013. Northern Minerals & Exploration Ltd. was incorp… Read more

Northern Minerals & Exploration Ltd - Asset Resilience Ratio

Latest as of October 2013: 0.28%

Northern Minerals & Exploration Ltd (NMEX) has an Asset Resilience Ratio of 0.28% as of October 2013. 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
$5.01K
Cash + Short-term Investments
Total Assets
$1.78 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2013–2016)

This chart shows how Northern Minerals & Exploration Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Northern Minerals & Exploration Ltd'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 $5.01K 0.28%
Total Liquid Assets $5.01K 0.28%

Asset Resilience Insights

  • Limited Liquidity: Northern Minerals & Exploration Ltd maintains only 0.28% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Northern Minerals & Exploration Ltd Industry Peers by Asset Resilience Ratio

Compare Northern Minerals & Exploration Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Artemis Gold Inc
PINK:ARGTF
Other Precious Metals & Mining 0.00%
American Sierra Gold Corp
PINK:AMNP
Other Precious Metals & Mining 10.00%
Zhongrun Resources Investment
SHE:000506
Other Precious Metals & Mining 0.23%
Yintai Resources Co Ltd
SHE:000975
Other Precious Metals & Mining 7.47%
1AH
F:1AH
Other Precious Metals & Mining 27.92%
29METALS Ltd
AU:29M
Other Precious Metals & Mining 0.00%
China Silver Group Limited
F:2CS
Other Precious Metals & Mining 1.61%
5YY0
F:5YY0
Other Precious Metals & Mining 11.04%

Annual Asset Resilience Ratio for Northern Minerals & Exploration Ltd (2013–2016)

The table below shows the annual Asset Resilience Ratio data for Northern Minerals & Exploration Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2016-07-31 0.00% $0.00 $2.12 Million --
2015-07-31 0.00% $0.00 $2.11 Million --
2013-07-31 0.29% $5.01K $1.74 Million --
pp = percentage points