Newpath Resources

Newpath Resources Quick Ratio

The Quick Ratio (Acid Test) of Newpath Resources (PATH.CN) as of Oct 18, 2026 is 0.04. In the previous year, Quick Ratio (Acid Test) was 0.12 — a change of -65.56% (lower).

Quick Ratio

0.04

YoY

-65.56%

Last updated:

Quick Ratio (Acid Test) of Newpath Resources is 2025 0.04 . Quick Ratio (Acid Test) of Newpath Resources was 2024 0.12 . It decreases by -65.56% lower compared to the previous year.

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Newpath Resources Stock analysis

What does Newpath Resources do? Newpath Resources Inc, trading under the ticker PATH.CN, is a Canadian company headquartered in Vancouver. The company went public through an IPO on January 12, 2021. Newpath Resources focuses on the acquisition, exploration, and evaluation of mineral properties within Canada. The company's primary projects include the Orefield Critical Metal Exploration Project, which spans three claim groups—Alpha/Bravo, Charlie, and Delta—covering approximately 3,164 claim units across roughly 667,106 hectares (667 square kilometers) west and southwest of Lake Nipigon in Northern Ontario. Additionally, Newpath wholly owns the Northshore Gold Property, situated in the Thunder Bay Mining Division, Priske Township, Ontario. The Alpha/Bravo claim group, part of the Orefield Project, consists of approximately 2,974 claim units covering 63,118 hectares (631 square kilometers). The Orefield Project encompasses 949 unpatented mineral claims organized into three distinct claim groups. The company's operations are centered on early-stage exploration activities in mineral-rich regions of Canada, with a focus on critical metals and gold. Newpath Resources operates within the Canadian mineral exploration sector, leveraging its portfolio of mineral claims to advance exploration efforts in Northern Ontario and surrounding areas. The company's website is https://newpathresources.com/. Newpath Resources is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Newpath Resources stock

Quick Ratio (Acid Test) of Newpath Resources is 0.04 in 2025.

Quick Ratio (Acid Test) of Newpath Resources changed from 0.12 to 0.04, representing a -65.56% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Newpath Resources since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Newpath Resources with sector peers and the industry average to assess whether it is attractive.

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Leverage — Newpath Resources

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