Elevate Uranium Ltd

Elevate Uranium Ltdverified

EL8.AX

Price:

$0.315

Market Cap:

$121.04M

Elevate Uranium Ltd engages in the exploration and evaluation of uranium deposits. The company's principal projects include the Koppies, Hirabeb, Marenica, and Namib IV in Namibia. It also holds 100% interests in the Angela, Thatcher Soak, Oobagooma, and Minerva project areas, as well as the Bigrlyi, Malawiri, Walbiri, and Areva joint ventures in Australia. The company was formerly known as Marenica Energy Limited and changed its name to Elevate Uranium Ltd in May 2021. Elevate Uranium Ltd was incorporated in 1978 and is headquartered in West Perth, Australia.

Industry

Uranium

IPO Date

1999-01-05

Stock Exchange

ASX

Ticker

EL8.AX

The Current Ratio as of December 2025 (TTM) for Elevate Uranium Ltd (EL8.AX) is 17.74

According to Elevate Uranium Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 17.74. This represents a change of -8.85% compared to the average of 19.47 of the last 4 quarters.

Elevate Uranium Ltd (EL8.AX) Historical Current Ratio (quarterly & annually)

How has EL8.AX Current Ratio performed in the past?

The mean historical Current Ratio of Elevate Uranium Ltd over the last ten years is 8.91. The current 17.74 Current Ratio has changed 19.82% with respect to the historical average. Over the past ten years (40 quarters), EL8.AX's Current Ratio was at its highest in in the December 2021 quarter at 46.18. The Current Ratio was at its lowest in in the June 2001 quarter at 0.06.

Quarterly (TTM)
Annual

Average

8.91

Median

5.39

Minimum

0.53

Maximum

23.53

Elevate Uranium Ltd (EL8.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Elevate Uranium Ltd 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 = 522.27%

Maximum Annual Current Ratio = 23.53

Minimum Annual Increase = -54.57%

Minimum Annual Current Ratio = 0.53

Quarterly (TTM)
Annual
YearCurrent RatioChange
202517.74134.00%
20247.58-29.08%
202310.69-54.57%
202223.5318.52%
202119.85522.27%
20203.198.16%
20192.9555.53%
20181.9073.77%
20171.09107.00%
20160.53-23.53%

Elevate Uranium Ltd (EL8.AX) Average Current Ratio

How has EL8.AX Current Ratio performed in the past?

The current Current Ratio of Elevate Uranium Ltd (EL8.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

12.01

5-year avg

15.88

10-year avg

8.91

Elevate Uranium Ltd (EL8.AX) Current Ratio vs. Peers

How is EL8.AX’s Current Ratio compared to its peers?

Elevate Uranium Ltd’s Current Ratio is greater than Conrad Asia Energy Ltd. (5.30), greater than Peninsula Energy Limited (0.81), greater than Comet Ridge Limited (0.43), greater than Viridis Mining and Minerals Limited (1.68), greater than Aura Energy Limited (5.36), less than Aspire Mining Limited (20.17), greater than Omega Oil & Gas Limited (16.85), greater than MC Mining Limited (0.24), greater than Kinetiko Energy Limited (3.04), greater than Laramide Resources Ltd. (0.76),

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