Stocks featured in this article are: Dolby Laboratories, Inc. (DLB), Dollar Tree, Inc. (DLTR), Hansen Natural Corp. (HANS), Myriad Genetics, Inc. (MYGN) and Silver standard Resources, Inc. (SSRI).

< ?DART(15);?> This week, I'm focusing on another ratio to help gauge a company's financial health: the Current Ratio.

It's calculated by dividing current assets by current liabilities.

The higher the ratio, the more liquid assets a company has to meet its short term obligations.

A ratio of 2 or more (meaning a company has at least twice as many short-term assets than short-term liabilities) is generally considered good.

Currently, the average current ratio for S&P 500 stocks is 1.67.

Not surprisingly, the Finance Sector (as applied to companies with over 50,000 shared traded on a daily basis) has one of the worst Current Ratios with a median of just 1.06.

How to Use

Screening for this is quite

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Magnum D’Or Resources, Inc. announced last week that it has established tentative plans for corporate expansion and is preparing announcements that will be released during the current year. According to the press release, expansion and joint venture projects may exceed $50 million this year.

The company owns the exclusive rights to an array of next generation cost-saving custom compounds, patents, process technology, and trade secrets that enable rubber to be reconstituted and specially blended into EPDM powders, and EPDM compounds. Magnum intends to continue developing new high tech custom compounds, processing aids, recycling solutions, and advanced state-of-the-art equipment.

The tentative expansion plans mentioned in the press release include: Additional equipment installation in Magog, Canada to facilitate rubber powder and specialty blend elastomer production; cryogenic and assimilated frozen substrate processing pilot plant; US facilities to further support contract obligations; Malaysian facility expansion and market penetration; joint venture agreements with targeted companies to complement

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h1 style="text-align: center;"bViking Global Investors/b/h1h2 style="text-align: center;"bspan class="Apple-style-span" style="color: rgb(102, 0, 0);"Viking Global Investors LP Q3 2008 13F Holdingsbr //span/b/h2br /This post is being written as part of HedgeFundBlogger.com's a alt="Hedge Funds and Investment Securities" title="Investment Securities Holdings" description="Investment securities analysis 13F holdings" href="http://richard-wilson.blogspot.com/2008/09/investment-securities-and-holdings-of.html"Investment Securities Tool/a which analyzes the holdings of hedge fund managers.Please click on the pictures below each section to view the securities held along with their values and current share holdings as of Viking's Q3 2008 filing:br /br /span style="font-weight: bold;"Added More Since Last 13F Filing (click image to view)br //spana onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_wM_OZdOMR_Y/ST6mX8gQS2I/AAAAAAAACno/dFKOvogV1TQ/s1600-h/Viking-Global-Investors-Added+More.JPG"img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 400px; height: 220px;" src="http://4.bp.blogspot.com/_wM_OZdOMR_Y/ST6mX8gQS2I/AAAAAAAACno/dFKOvogV1TQ/s400/Viking-Global-Investors-Added+More.JPG" alt="" id="BLOGGER_PHOTO_ID_5277838743633415010" border="0" //aspan style="font-weight: bold;"New Holdings (1 of 3)/span span style="font-weight: bold;"(click image to view)/spanbr /a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_wM_OZdOMR_Y/ST6liHVebiI/AAAAAAAACnA/leNCGjSHd20/s1600-h/Viking-Global-Investors--New+Holding1.JPG"img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 274px; height: 169px;" ...

Chancery’s corporate mission is “to acquire, develop, and expand proven gold and mineral properties into world-class assets.” Their business is focused in Columbia, South America, specifically in the El Caafetal region.

The company’s premise is to use modern technologies to extract gold, silver and copper from mines that are currently only extracting gold by completely upgrading the mining equipment and processes. Furthermore, they feel other development in the area is promising for expansion based on recent sampling.

The Columbian government is friendly to foreign investment at this time. On the investor portion of its website, Chancery addresses the risk of investing in a foreign country. According to Chancery, Columbia is one of the most stable economies in Latin America, as well as the oldest and most stable Latin American democracy.

Let us hear your thoughts: Chancery Resources, Inc. Message Board

When a company is working in the mining business it needs to think on a fairly large scale. Its operations can often extend to dozens of square kilometers. When, however, a good find in a historically active mining region is found, holdings and profits can start to exceed a “regular person’s” common perception of reasonable land ownership and potential profit.

Douglas lake Minerals Inc., an exploration and development mining company, works to locate and develop gold, silver, copper and diamond concessions. The company is currently working to develop concessions in Tanzania.

In recent quarters, the company has been aggressively adding mining concessions with positive testing results. Its Morogoro Tanzania concession has shown indications of significant gold and diamond deposits in excess of initial results (many at shallow depths.) To this end, the company has entered into a strategic partnership with Canaco Resources Inc. to locate and construct infrastructure within the property. Upon

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Intrepid Technology and Resources, Inc. (OTCBB: ITRP) announced the completion of the first full week of sustained product deliveries and revenues. Intrepid is a biofuel renewable and alternative energy development and operating company that works together with their subsidiaries in the United States. The company engages in projects in the biofuels production and distribution area of the renewable energy sector. Their focus is on the production of biofuels, such as biogas, biodiesel, ethanol, and hydrogen, as produced from biomass.

Commenting on the company’s accomplishment was CEO Jack Haffey, “It has taken a long time and has understandably taxed the patience of our shareholders, but we are very pleased and excited to report that we have just completed our first week of combined uninterrupted deliveries of high quality gas and horticultural fiber to our customers — and, importantly, our first full week of revenue generation.

“What makes this

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High Ridge Resources Inc. (TSX-V: HRR // FRANKFURT: HR2) has announced that the drilling program at its Chanape project in the San Mateo area, 90 km east of Lima, Peru has begun. Gary Anderson, president and CEO of High Ridge Resources Inc., commented: “We are very excited that the drilling program is getting underway at Chanape. I am pleased at the way the High Ridge team and our consultants have managed the numerous challenges we have faced over the last nine months in Peru and in Canada. We are looking forward to having the Chanape targets finally tested.”

The drilling program will involve an initial 3,000-5,000 meters from up to 9 platforms and will test both the known mineralized targets (exposed on surface polymetallic veins and intrusive breccias) and larger high chargeability-low resistivity (IP) anomalies. The priority targets cover an area of approximately four square kilometers and

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