ERW.AX
Price:
$0.175
Market Cap:
$21.66M
Errawarra Resources Ltd engages in the mineral exploration and project development in Australia. It explores for gold, nickel, scandium, cobalt, and copper deposits. The company holds 80% interests in Andover West project located in Western Australia. It also holds interests in Errabiddy project located in the Gascoyne Region of Western Australia; Binti Binti gold project, which covers an area of approximately 116 square kilometers located in Western Australia; and Fraser Range project that covers an area of approximately 105 square kilometers located in Western Australia. Errawarra Resources Ltd was incorporated in 2012 and is based in Perth, Australia.
Industry
Industrial Materials
IPO Date
2020-12-13
Stock Exchange
ASX
Ticker
ERW.AX
According to Errawarra Resources Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.11. This represents a change of -80.07% compared to the average of 5.58 of the last 4 quarters.
The mean historical Current Ratio of Errawarra Resources Ltd over the last ten years is 30.18. The current 1.11 Current Ratio has changed 268.34% with respect to the historical average. Over the past ten years (40 quarters), ERW.AX's Current Ratio was at its highest in in the December 2023 quarter at 14.15. The Current Ratio was at its lowest in in the December 2012 quarter at 0.
Average
30.18
Median
2.44
Minimum
0.07
Maximum
273.31
Discovering the peaks and valleys of Errawarra Resources 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 = 185.31%
Maximum Annual Current Ratio = 273.31
Minimum Annual Increase = -95.71%
Minimum Annual Current Ratio = 0.07
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.11 | -77.78% |
| 2024 | 5.00 | 82.18% |
| 2023 | 2.75 | -45.18% |
| 2022 | 5.01 | -57.30% |
| 2021 | 11.73 | -95.71% |
| 2020 | 273.31 | 185.31% |
| 2019 | 0.15 | 108.75% |
| 2018 | 0.07 | -87.43% |
| 2017 | 0.56 | -73.58% |
| 2016 | 2.13 | 137.12% |
The current Current Ratio of Errawarra Resources Ltd (ERW.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
2.95
5-year avg
5.12
10-year avg
30.18
Errawarra Resources Ltd’s Current Ratio is less than Caspin Resources Limited (2.59), less than Lachlan Star Limited (2.27), less than Lithium Plus Minerals Ltd (8.53), less than Cazaly Resources Limited (6.01), greater than Constellation Resources Limited (0.81), greater than Venari Minerals NL (0.89), greater than Vanadium Resources Limited (0.21), less than High-Tech Metals Limited (3.39), less than Morella Corporation Limited (1.43), less than Pivotal Metals Limited (8.15),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.59 | $19.14M | |
| 2.27 | $15.09M | |
| 8.53 | $18.60M | |
| 6.01 | $15.29M | |
| 0.81 | $14.07M | |
| 0.89 | $169.09M | |
| 0.21 | $14.99M | |
| 3.39 | $16.62M | |
| 1.43 | $12.53M | |
| 8.15 | $13.61M |
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