CBE.AX
Price:
$0.125
Market Cap:
$57.39M
Cobre Limited engages in the exploration and evaluation of mineral properties. It explores for copper, gold, silver, and zinc deposits. The company holds 100% interest in the Perrinvale project covering an area of approximately 381 square kilometers of the Panhandle and Illaara Greenstone Belts in Western Australia; and an option to earn up to 80% interests in the Sandiman tenement covering an area of approximately 202 square kilometers located in Gascoyne Province, Australia. It also holds 51% interest in the Kalahari Copper Belt covering an area of approximately 5,026.9 square kilometers located in Botswana. The company was incorporated in 2018 and is based in Sydney, Australia.
Industry
Industrial Materials
IPO Date
2020-01-30
Stock Exchange
ASX
Ticker
CBE.AX
According to Cobre Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.77. This represents a change of -64.60% compared to the average of 2.17 of the last 4 quarters.
The mean historical Current Ratio of Cobre Limited over the last ten years is 4.86. The current 0.77 Current Ratio has changed 1.49% with respect to the historical average. Over the past ten years (40 quarters), CBE.AX's Current Ratio was at its highest in in the June 2020 quarter at 8.83. The Current Ratio was at its lowest in in the December 2018 quarter at 0.
Average
4.86
Median
6.84
Minimum
0.77
Maximum
8.83
Discovering the peaks and valleys of Cobre 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 = 634.12%
Maximum Annual Current Ratio = 8.83
Minimum Annual Increase = -84.71%
Minimum Annual Current Ratio = 0.77
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.77 | -38.67% |
| 2024 | 1.26 | -84.71% |
| 2023 | 8.21 | 19.20% |
| 2022 | 6.89 | 0.68% |
| 2021 | 6.84 | -22.49% |
| 2020 | 8.83 | 634.12% |
The current Current Ratio of Cobre Limited (CBE.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
3.41
5-year avg
4.79
10-year avg
4.86
Cobre Limited’s Current Ratio is less than Legacy Minerals Holdings Limited (8.57), less than Galileo Mining Ltd (17.22), less than S2 Resources Ltd (4.65), less than Lefroy Exploration Limited (3.89), greater than Vital Metals Limited (0.43), less than Minbos Resources Limited (4.73), less than RareX Limited (2.84), less than American West Metals Limited (2.68), less than Red Metal Limited (6.89), less than Cauldron Energy Limited (2.59),
| Company | Current Ratio | Market cap |
|---|---|---|
| 8.57 | $35.29M | |
| 17.22 | $35.57M | |
| 4.65 | $35.89M | |
| 3.89 | $44.54M | |
| 0.43 | $24.42M | |
| 4.73 | $27.30M | |
| 2.84 | $28.43M | |
| 2.68 | $45.21M | |
| 6.89 | $45.40M | |
| 2.59 | $39.37M |
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