Armory Mining Corp.
Armory Mining Corp. engages in the acquisition and exploration of mineral property assets in Canada. It primarily explores for silver and lithium deposits. The company was formerly known as Spey Resources Corp. and changed its name to Armory Mining Corp. in November 2024. Armory Mining Corp. is based in Vancouver, Canada.
Armory Mining Corp. (RMRYF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of August 2025: -0.144x
Based on the latest financial reports, Armory Mining Corp. (RMRYF) has a cash flow conversion efficiency ratio of -0.144x as of August 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-678.21K) by net assets ($4.70 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Armory Mining Corp. - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Armory Mining Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Armory Mining Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Armory Mining Corp. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PRIMERICA (PI7.SG)
STU:PI7
|
0.098x |
|
RIVER TECH EO -005
F:9YQ
|
N/A |
|
Auric Resources Corp.
V:RES
|
-0.061x |
|
CannBioRx Life Sciences Corp
NASDAQ:ATNFW
|
-0.210x |
|
PT Samcro Hyosung Adilestari T
JK:ACRO
|
0.030x |
|
Newcity (Bangkok) Public Company Limited
BK:NC
|
-0.037x |
|
Bone Biologics Corp
NASDAQ:BBLG
|
-0.098x |
|
Altheora SA
PA:ALORA
|
0.089x |
Annual Cash Flow Conversion Efficiency for Armory Mining Corp. (2017–2024)
The table below shows the annual cash flow conversion efficiency of Armory Mining Corp. from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-11-30 | $3.95 Million | $-490.29K | -0.124x | +62.25% |
| 2023-11-30 | $2.99 Million | $-984.60K | -0.329x | +10.73% |
| 2022-11-30 | $7.66 Million | $-2.82 Million | -0.368x | +44.91% |
| 2021-11-30 | $3.77 Million | $-2.52 Million | -0.669x | -35.37% |
| 2020-11-30 | $296.35K | $-146.36K | -0.494x | +67.74% |
| 2019-11-30 | $114.79K | $-175.74K | -1.531x | -155.11% |
| 2018-11-30 | $266.23K | $-159.76K | -0.600x | -211.76% |
| 2017-11-30 | $156.57K | $-30.14K | -0.192x | -- |