ALV.AX
Price:
$0.052
Market Cap:
$9.39M
Alvo Minerals Limited operates as a base and precious metals exploration company in the Palmeiropolis region of central Brazil. The company explores for copper, zinc, lead, silver, gold, and nickel deposits, as well as platinum group element minerals. It holds an interest in the Palma project that covers an area of approximately 500 square kilometers of granted exploration permits and exploration permit applications located in central Brazil. The company was incorporated in 2019 and is headquartered in South Melbourne, Australia.
Industry
Other Precious Metals
IPO Date
2021-10-19
Stock Exchange
ASX
Ticker
ALV.AX
According to Alvo Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.82. This represents a change of -44.11% compared to the average of 5.04 of the last 4 quarters.
The mean historical Current Ratio of Alvo Minerals Limited over the last ten years is 13.40. The current 2.82 Current Ratio has changed 2.00% with respect to the historical average. Over the past ten years (40 quarters), ALV.AX's Current Ratio was at its highest in in the December 2021 quarter at 46.64. The Current Ratio was at its lowest in in the June 2020 quarter at 0.
Average
13.40
Median
4.33
Minimum
0.69
Maximum
46.64
Discovering the peaks and valleys of Alvo Minerals 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 = 6.70%
Maximum Annual Current Ratio = 46.64
Minimum Annual Increase = -75.56%
Minimum Annual Current Ratio = 0.69
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.33 | 10.13% |
| 2023 | 3.93 | -65.49% |
| 2022 | 11.40 | -75.56% |
| 2021 | 46.64 | 6.70% |
The current Current Ratio of Alvo Minerals Limited (ALV.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
6.55
5-year avg
13.40
10-year avg
13.40
Alvo Minerals Limited’s Current Ratio is less than Strata Minerals Limited (21.76), less than Moho Resources Limited (11.86), less than Godolphin Resources Limited (11.07), less than Rincon Resources Limited (56.91), greater than Golden Mile Resources Limited (1.68), less than Recharge Metals Limited (8.67), less than TechGen Metals Ltd (3.71), greater than PVW Resources Limited (0.30), less than Octava Minerals Limited (15.43), less than Taruga Minerals Limited (6.16),
| Company | Current Ratio | Market cap |
|---|---|---|
| 21.76 | $5.15M | |
| 11.86 | $5.96M | |
| 11.07 | $6.34M | |
| 56.91 | $4.00M | |
| 1.68 | $4.11M | |
| 8.67 | $4.11M | |
| 3.71 | $5.07M | |
| 0.30 | $3.03M | |
| 15.43 | $3.74M | |
| 6.16 | $7.49M |
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