CAV.AX
Price:
$0.089
Market Cap:
$29.35M
Carnavale Resources Limited operates as a mineral exploration company in Australia. It explores for tin, lithium, cobalt, silver, nickel, gold, copper, and precious metal deposits. The company holds a 100% interest in the Grey Dam nickel sulphide project in Kalgoorlie, Western Australia; and 80% interest in the Kookynie gold project comprising 2 exploration licenses and 3 prospecting licenses located in Yilgarn Craton, Western Australia. It also holds an option to acquire 80% interest in the Ora Banda South gold project that covers an area of approximately 25 square kilometers located in Yilgarn Craton, Western Australia. Further, it is involved in investing activities. Carnavale Resources L...[Read more]
Industry
Industrial Materials
IPO Date
2007-03-14
Stock Exchange
ASX
Ticker
CAV.AX
According to Carnavale Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 4.09. This represents a change of -9.87% compared to the average of 4.54 of the last 4 quarters.
The mean historical Current Ratio of Carnavale Resources Limited over the last ten years is 12.77. The current 4.09 Current Ratio has changed 3.10% with respect to the historical average. Over the past ten years (40 quarters), CAV.AX's Current Ratio was at its highest in in the June 2012 quarter at 99.29. The Current Ratio was at its lowest in in the January 2007 quarter at 0.
Average
12.77
Median
9.56
Minimum
0.45
Maximum
34.03
Discovering the peaks and valleys of Carnavale 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 = 3.43%
Maximum Annual Current Ratio = 34.03
Minimum Annual Increase = -98.50%
Minimum Annual Current Ratio = 0.45
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 4.09 | -2.61% |
| 2024 | 4.20 | 47.98% |
| 2023 | 2.84 | -56.76% |
| 2022 | 6.56 | -47.73% |
| 2021 | 12.56 | -21.54% |
| 2020 | 16.00 | 3.43% |
| 2019 | 0.45 | -98.50% |
| 2018 | 30.28 | -11.00% |
| 2017 | 34.03 | 104.49% |
| 2016 | 16.64 | -39.66% |
The current Current Ratio of Carnavale Resources Limited (CAV.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
3.71
5-year avg
6.05
10-year avg
12.77
Carnavale Resources Limited’s Current Ratio is greater than Nimy Resources Limited (0.44), greater than Superior Resources Limited (1.51), greater than Genmin Limited (1.21), less than Ardiden Limited (109.21), greater than Cassius Mining Limited (0.98), less than Duketon Mining Limited (34.30), greater than Audalia Resources Limited (0.40), less than Metals Australia Ltd (15.53), greater than Resource Mining Corporation Limited (0.32), greater than TG Metals Limited (1.66),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.44 | $16.78M | |
| 1.51 | $21.37M | |
| 1.21 | $11.21M | |
| 109.21 | $17.47M | |
| 0.98 | $22.91M | |
| 34.30 | $17.72M | |
| 0.40 | $21.93M | |
| 15.53 | $18.29M | |
| 0.32 | $21.87M | |
| 1.66 | $18.37M |
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