AL8.AX
Price:
$0.026
Market Cap:
$4.96M
Alderan Resources Limited engages in the mineral exploration activities in the United States. The company explores for copper, gold, zinc, lead, and silver ores. Its flagship property is the Detroit project located in Detroit Mining District, Utah. The company was incorporated in 2013 and is based in Subiaco, Australia.
Industry
Industrial Materials
IPO Date
2017-06-09
Stock Exchange
ASX
Ticker
AL8.AX
According to Alderan Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.01. This represents a change of -45.35% compared to the average of 1.84 of the last 4 quarters.
The mean historical Current Ratio of Alderan Resources Limited over the last ten years is 5.40. The current 1.01 Current Ratio has changed 1.77% with respect to the historical average. Over the past ten years (40 quarters), AL8.AX's Current Ratio was at its highest in in the June 2017 quarter at 32.86. The Current Ratio was at its lowest in in the December 2013 quarter at 0.
Average
5.40
Median
1.57
Minimum
0.72
Maximum
32.86
Discovering the peaks and valleys of Alderan Resources Limited 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 = 4.49%
Maximum Annual Current Ratio = 32.86
Minimum Annual Increase = -94.23%
Minimum Annual Current Ratio = 0.72
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.01 | 38.83% |
| 2023 | 0.73 | -26.41% |
| 2022 | 0.99 | -71.90% |
| 2021 | 3.51 | -48.10% |
| 2020 | 6.77 | 445.79% |
| 2019 | 1.24 | -34.59% |
| 2018 | 1.90 | -94.23% |
| 2017 | 32.86 | 4.49% |
| 2016 | 0.72 | -83.17% |
| 2015 | 4.25 | 170.86% |
The current Current Ratio of Alderan Resources Limited (AL8.AX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.91
5-year avg
2.60
10-year avg
5.40
Alderan Resources Limited’s Current Ratio is less than Aeon Metals Limited (1.37), less than Emu NL (1.41), less than Woomera Mining Limited (3.38), less than Tempus Resources Limited (1.66), less than NickelX Limited (4.61), greater than OAR Resources Limited (0.20), less than Allup Silica Limited (8.61), less than NickelSearch Limited (4.71), greater than R3D Resources Limited (0.35), less than Ozz Resources Limited (1.43),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.37 | $5.48M | |
| 1.41 | $4.86M | |
| 3.38 | $4.33M | |
| 1.66 | $4.12M | |
| 4.61 | $5.45M | |
| 0.20 | $6.13M | |
| 8.61 | $4.13M | |
| 4.71 | $6.11M | |
| 0.35 | $5.72M | |
| 1.43 | $5.09M |
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