2489.HK
Price:
$1.28
Market Cap:
$2.32B
Persistence Resources Group Ltd engages in the exploration, mining, and processing of gold properties in China. It operates two operating gold mines, including the Songjiagou Open-Pit Mine and the Songjiagou Underground Mine located in Songjiagou, the MupingRushan gold metallogenic belt. The company was formerly known as Sinogold Resources Holdings Group Co., Ltd. and changed its name to Persistence Resources Group Ltd in May 2022. The company was founded in 2005 and is headquartered in Yantai, China. Persistence Resources Group Ltd is a subsidiary of Majestic Gold Corp.
Industry
Gold
IPO Date
Stock Exchange
HKSE
Ticker
2489.HK
According to Persistence Resources Group Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 2.18. This represents a change of -35.68% compared to the average of 3.39 of the last 4 quarters.
The mean historical Current Ratio of Persistence Resources Group Ltd over the last ten years is 2.14. The current 2.18 Current Ratio has changed 10.10% with respect to the historical average. Over the past ten years (40 quarters), 2489.HK's Current Ratio was at its highest in in the December 2024 quarter at 4.93. The Current Ratio was at its lowest in in the March 2023 quarter at 0.
Average
2.14
Median
1.51
Minimum
0.36
Maximum
4.93
Discovering the peaks and valleys of Persistence Resources Group Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 158.10%
Maximum Annual Current Ratio = 4.93
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0.36
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.93 | 38.06% |
| 2023 | 3.57 | 76.97% |
| 2022 | 2.02 | 100.58% |
| 2021 | 1.01 | 8.32% |
| 2020 | 0.93 | 158.10% |
The current Current Ratio of Persistence Resources Group Ltd (2489.HK) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
3.51
5-year avg
2.49
10-year avg
2.14
Persistence Resources Group Ltd’s Current Ratio is greater than CWT International Limited (1.12), greater than China Sanjiang Fine Chemicals Company Limited (0.59), greater than China Shanshui Cement Group Limited (0.84), greater than Ximei Resources Holding Limited (2.00), greater than CITIC Resources Holdings Limited (1.13), greater than Xingfa Aluminium Holdings Limited (1.42), less than Dragon Mining Limited (2.84), greater than GT Gold Holdings Limited (1.04), less than TK Group (Holdings) Limited (2.63), greater than South Manganese Investment Limited (0.72),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.12 | $2.60B | |
| 0.59 | $3.53B | |
| 0.84 | $2.96B | |
| 2.00 | $2.52B | |
| 1.13 | $3.10B | |
| 1.42 | $3.12B | |
| 2.84 | $1.05B | |
| 1.04 | $3.60B | |
| 2.63 | $2.21B | |
| 0.72 | $2.07B |
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