ELE.AX
Price:
$0.005
Market Cap:
$24.27M
Elmore Limited engages in the assessment, development, and processing of minerals projects in Australia. The company explores for iron ore, magnetite, gold, copper, and cobalt deposits. Its projects comprise the Peko Iron Ore and Gold Project situated in the Tennant Creek region, Northern Territory; and the Hodgkinson Basin Gold and Antimony Project. The company was formerly known as IndiOre Limited and changed its name to Elmore Limited in July 2019. Elmore Limited was incorporated in 1992 and is headquartered in Belmont, Australia.
Industry
Industrial Materials
IPO Date
2000-01-03
Stock Exchange
ASX
Ticker
ELE.AX
According to Elmore Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.06. This represents a change of -72.96% compared to the average of 0.21 of the last 4 quarters.
The mean historical Current Ratio of Elmore Limited over the last ten years is 1.19. The current 0.06 Current Ratio has changed 387.41% with respect to the historical average. Over the past ten years (40 quarters), ELE.AX's Current Ratio was at its highest in in the June 1999 quarter at 27.73. The Current Ratio was at its lowest in in the June 2007 quarter at 0.04.
Average
1.19
Median
0.55
Minimum
0.06
Maximum
4.77
Discovering the peaks and valleys of Elmore 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 = 801.12%
Maximum Annual Current Ratio = 4.77
Minimum Annual Increase = -96.56%
Minimum Annual Current Ratio = 0.06
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 0.06 | -48.91% |
| 2022 | 0.11 | -96.56% |
| 2021 | 3.29 | 801.12% |
| 2020 | 0.37 | -66.37% |
| 2019 | 1.09 | -77.24% |
| 2018 | 4.77 | 300.31% |
| 2017 | 1.19 | 622.89% |
| 2016 | 0.16 | 91.43% |
| 2015 | 0.09 | -88.20% |
| 2014 | 0.73 | 8.26% |
The current Current Ratio of Elmore Limited (ELE.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
1.15
5-year avg
0.98
10-year avg
1.19
Elmore Limited’s Current Ratio is less than Inca Minerals Limited (3.58), less than Mineral Commodities Ltd (0.33), less than Poseidon Nickel Limited (1.24), less than Burgundy Diamond Mines Limited (3.53), less than Strata Investment Holdings Plc (11.37), less than Jervois Global Limited (1.33), less than Cohiba Minerals Limited (1.74), less than Arrow Minerals Limited (1.02), less than Hannans Limited (25.88), less than Aston Minerals Limited (18.28),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.58 | $22.89M | |
| 0.33 | $25.60M | |
| 1.24 | $21.26M | |
| 3.53 | $24.17M | |
| 11.37 | $27.11M | |
| 1.33 | $29.73M | |
| 1.74 | $21.48M | |
| 1.02 | $17.56M | |
| 25.88 | $27.03M | |
| 18.28 | $28.49M |
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