DMM.AX
Price:
$0.058
Market Cap:
$2.69M
DMC Mining Limited focuses on identifying, acquiring, and developing prospective nickel, copper, gold, and other base metal assets in Western Australia. It holds 100% interests in the Ravensthorpe Nickel project, which consists of 1 granted tenement covering an area of approximately 61 square kilometers located in the Esperance region, Western Australia; and the Fraser Range project that includes 10 granted tenements covering an area of approximately 873 square kilometers located in the Albany-Fraser Orogen, Western Australia. The company was incorporated in 2021 and is based in Perth, Australia.
Industry
Industrial Materials
IPO Date
2021-12-07
Stock Exchange
ASX
Ticker
DMM.AX
According to DMC Mining Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.06. This represents a change of -99.21% compared to the average of 7.11 of the last 4 quarters.
The mean historical Current Ratio of DMC Mining Limited over the last ten years is 29.37. The current 0.06 Current Ratio has changed -80.89% with respect to the historical average. Over the past ten years (40 quarters), DMM.AX's Current Ratio was at its highest in in the June 2021 quarter at 166.76. The Current Ratio was at its lowest in in the December 2007 quarter at 0.
Average
29.37
Median
0.28
Minimum
0
Maximum
166.76
Discovering the peaks and valleys of DMC Mining 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 = 0%
Maximum Annual Current Ratio = 166.76
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.28 | -98.56% |
| 2023 | 19.18 | -0.95% |
| 2022 | 19.36 | -88.39% |
| 2021 | 166.76 | Infinity% |
| 2009 | 0 | 0% |
| 2008 | 0 | 0% |
The current Current Ratio of DMC Mining Limited (DMM.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
12.94
5-year avg
41.12
10-year avg
29.37
DMC Mining Limited’s Current Ratio is less than Duke Exploration Limited (0), less than Classic Minerals Limited (0.08), less than Korab Resources Limited (0.79), less than Coolabah Metals Limited (9.95), less than VIP Gloves Limited (1.16), less than Asaplus Resources Limited (0.30), less than Copper Search Limited (9.69), greater than Comet Resources Limited (0.04), greater than Crater Gold Mining Limited (0.02), less than Allup Silica Limited (8.61),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $2.46M | |
| 0.08 | $4.27M | |
| 0.79 | $2.94M | |
| 9.95 | $2.35M | |
| 1.16 | $2.36M | |
| 0.30 | $1.36M | |
| 9.69 | $3.36M | |
| 0.04 | $1.38M | |
| 0.02 | $2.11M | |
| 8.61 | $4.13M |
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