CVR.AX
Price:
$0.385
Market Cap:
$20.58M
Cavalier Resources Limited engages in the identification, acquisition, and exploration of mineral projects in Australia. The company primarily explores for gold and nickel deposits. It holds interest in various projects located in Western Australia, such as the Leonora gold project comprises Crawford and Gambier Lass North projects consisting of 10 exploration licenses, 1 prospecting license, 1 miscellaneous license, and 1 mining lease; the Hidden Jewel gold project; and the Ella's Rock Nickel-Gold project consists of three exploration licenses. The company was incorporated in 2019 and is based in Perth, Australia.
Industry
Gold
IPO Date
2022-06-17
Stock Exchange
ASX
Ticker
CVR.AX
According to Cavalier Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 4.91. This represents a change of -32.09% compared to the average of 7.23 of the last 4 quarters.
The mean historical Current Ratio of Cavalier Resources Limited over the last ten years is 4.75. The current 4.91 Current Ratio has changed 10.25% with respect to the historical average. Over the past ten years (40 quarters), CVR.AX's Current Ratio was at its highest in in the December 2022 quarter at 19.15. The Current Ratio was at its lowest in in the December 2019 quarter at 0.
Average
4.75
Median
3.19
Minimum
1.30
Maximum
12.18
Discovering the peaks and valleys of Cavalier 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 = 742.29%
Maximum Annual Current Ratio = 12.18
Minimum Annual Increase = -81.83%
Minimum Annual Current Ratio = 1.30
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 4.91 | 277.15% |
| 2024 | 1.30 | -81.83% |
| 2023 | 7.17 | -41.16% |
| 2022 | 12.18 | 742.29% |
| 2021 | 1.45 | -1.58% |
The current Current Ratio of Cavalier Resources Limited (CVR.AX) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
4.46
5-year avg
5.40
10-year avg
4.75
Cavalier Resources Limited’s Current Ratio is less than Marvel Gold Limited (12.69), greater than Peregrine Gold Limited (0.73), greater than Antilles Gold Limited (0.53), less than Besra Gold Inc. (10.98), less than Western Mines Group Ltd (6.81), greater than Sarama Resources Ltd (0.84), greater than First Au Limited (1.55), greater than Zuleika Gold Limited (3.86), less than Kalgoorlie Gold Mining Limited (8.59), greater than AuMEGA Metals Ltd (4.24),
| Company | Current Ratio | Market cap |
|---|---|---|
| 12.69 | $22.71M | |
| 0.73 | $21.53M | |
| 0.53 | $27.97M | |
| 10.98 | $17.98M | |
| 6.81 | $21.99M | |
| 0.84 | $20.38M | |
| 1.55 | $20.97M | |
| 3.86 | $35.57M | |
| 8.59 | $24.83M | |
| 4.24 | $24.96M |
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