FME.AX
Price:
$0.025
Market Cap:
$23.96M
Future Metals NL engages in the exploration and development of mineral properties. It explores for nickel; gold; and precious metals, such as platinum, palladium, iridium, osmium, rhodium, and ruthenium. The company owns a 100% interest in the Panton PGM project consisting of three granted mining leases covering a total area of approximately 23 square kilometers located in the East Kimberley Region of Western Australia. Future Metals NL is based in West Perth, Australia.
Industry
Other Precious Metals
IPO Date
2021-06-22
Stock Exchange
ASX
Ticker
FME.AX
According to Future Metals NL’s latest financial reports and current stock price. The company's current Current Ratio is 5.94. This represents a change of 68.62% compared to the average of 3.52 of the last 4 quarters.
The mean historical Current Ratio of Future Metals NL over the last ten years is 64.86. The current 5.94 Current Ratio has changed 815.12% with respect to the historical average. Over the past ten years (40 quarters), FME.AX's Current Ratio was at its highest in in the June 2017 quarter at 204.88. The Current Ratio was at its lowest in in the December 2007 quarter at 0.
Average
64.86
Median
42.10
Minimum
3.19
Maximum
204.88
Discovering the peaks and valleys of Future Metals NL 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 = 754.05%
Maximum Annual Current Ratio = 204.88
Minimum Annual Increase = -94.62%
Minimum Annual Current Ratio = 3.19
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 5.94 | -1.43% |
| 2024 | 6.02 | 29.16% |
| 2023 | 4.66 | 46.00% |
| 2022 | 3.19 | -31.03% |
| 2021 | 4.63 | -94.62% |
| 2020 | 86.12 | -1.02% |
| 2019 | 87.01 | 11.30% |
| 2018 | 78.17 | -61.85% |
| 2017 | 204.88 | 21.97% |
| 2016 | 167.97 | 754.05% |
The current Current Ratio of Future Metals NL (FME.AX) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
5.54
5-year avg
4.89
10-year avg
64.86
Future Metals NL’s Current Ratio is less than Raiden Resources Limited (41.25), less than Odessa Minerals Limited (10.38), less than Platina Resources Limited (35.86), greater than Hammer Metals Limited (2.80), greater than Horseshoe Metals Limited (0.06), greater than Resource Mining Corporation Limited (0.32), greater than WA Kaolin Limited (0.27), greater than Talisman Mining Limited (4.42), less than Indiana Resources Limited (22.92), less than Metals Australia Ltd (15.53),
| Company | Current Ratio | Market cap |
|---|---|---|
| 41.25 | $17.25M | |
| 10.38 | $20.45M | |
| 35.86 | $19.00M | |
| 2.80 | $23.21M | |
| 0.06 | $21.59M | |
| 0.32 | $21.87M | |
| 0.27 | $23.74M | |
| 4.42 | $22.60M | |
| 22.92 | $23.82M | |
| 15.53 | $18.29M |
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