BRE.AX
Price:
$4.01
Market Cap:
$996.86M
Brazilian Rare Earths Limited focuses on exploring for rare earth elements and other critical minerals in the state of Bahia, Brazil. It holds interests in approximately 1,410 km² of exploration permits within the Rocha da Rocha Rare Earths Province. The company was incorporated in 2021 and is headquartered in Fortitude Valley, Australia.
Industry
Other Precious Metals
IPO Date
2023-12-20
Stock Exchange
ASX
Ticker
BRE.AX
According to Brazilian Rare Earths’s latest financial reports and current stock price. The company's current Current Ratio is 22.91. This represents a change of -10.99% compared to the average of 25.74 of the last 4 quarters.
The mean historical Current Ratio of Brazilian Rare Earths over the last ten years is 9.97. The current 22.91 Current Ratio has changed 22.87% with respect to the historical average. Over the past ten years (40 quarters), BRE.AX's Current Ratio was at its highest in in the June 2024 quarter at 57.92. The Current Ratio was at its lowest in in the June 2022 quarter at 0.
Average
9.97
Median
9.70
Minimum
0.91
Maximum
19.59
Discovering the peaks and valleys of Brazilian Rare Earths 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 = 672.93%
Maximum Annual Current Ratio = 19.59
Minimum Annual Increase = -94.61%
Minimum Annual Current Ratio = 0.91
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 19.59 | 672.93% |
| 2023 | 2.53 | 178.54% |
| 2022 | 0.91 | -94.61% |
The current Current Ratio of Brazilian Rare Earths (BRE.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
7.68
5-year avg
9.97
10-year avg
9.97
Brazilian Rare Earths’s Current Ratio is less than Predictive Discovery Limited (26.40), greater than Alkane Resources Limited (1.08), greater than Redox Limited (4.17), greater than MAC Copper Limited (1.12), greater than Vulcan Energy Resources Limited (4.80), greater than FireFly Metals Ltd (8.43), greater than Bellevue Gold Limited (2.73), greater than BCI Minerals Limited (2.36), greater than Zimplats Holdings Limited (2.13), greater than Develop Global Limited (2.63),
| Company | Current Ratio | Market cap |
|---|---|---|
| 26.40 | $1.90B | |
| 1.08 | $1.53B | |
| 4.17 | $1.48B | |
| 1.12 | $1.53B | |
| 4.80 | $861.52M | |
| 8.43 | $1.31B | |
| 2.73 | $2.24B | |
| 2.36 | $1.13B | |
| 2.13 | $1.95B | |
| 2.63 | $1.41B |
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What is the Current Ratio?
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What is Brazilian Rare Earths's Current Ratio?
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What is the 3-year average Current Ratio for Brazilian Rare Earths (BRE.AX)?
What is the 5-year average Current Ratio for Brazilian Rare Earths (BRE.AX)?
How does the current Current Ratio for Brazilian Rare Earths (BRE.AX) compare to its historical average?