FNR.AX
Price:
$0.12
Market Cap:
$8.52M
Far Northern Resources Limited engages in the exploration of gold and base metal properties in Australia. It holds interest in the Bridge Creek project located in Northern Territory; the Empire project located in North Queensland; and the Rocks Reef Project located in North Queensland. The company was incorporated in 2017 and is based in Fortitude Valley, Australia.
Industry
Gold
IPO Date
2024-04-12
Stock Exchange
ASX
Ticker
FNR.AX
According to Far Northern Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 33.69. This represents a change of 23.52% compared to the average of 27.27 of the last 4 quarters.
The mean historical Current Ratio of Far Northern Resources Limited over the last ten years is 26.63. The current 33.69 Current Ratio has changed 12.55% with respect to the historical average. Over the past ten years (40 quarters), FNR.AX's Current Ratio was at its highest in in the December 2024 quarter at 38.24. The Current Ratio was at its lowest in in the December 2023 quarter at 4.74.
Average
26.63
Median
32.42
Minimum
2.42
Maximum
56.78
Discovering the peaks and valleys of Far Northern Resources 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 = 2.24%
Maximum Annual Current Ratio = 56.78
Minimum Annual Increase = -86.19%
Minimum Annual Current Ratio = 2.42
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 33.69 | 3.90% |
| 2024 | 32.42 | 313.59% |
| 2023 | 7.84 | -86.19% |
| 2022 | 56.78 | 2.24% |
The current Current Ratio of Far Northern Resources Limited (FNR.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
24.65
5-year avg
26.63
10-year avg
26.63
Far Northern Resources Limited’s Current Ratio is greater than Star Minerals Limited (4.21), greater than Great Northern Minerals Limited (24.11), greater than Krakatoa Resources Limited (6.05), greater than Flynn Gold Limited (1.86), greater than Riversgold Limited (1.12), greater than Gold Mountain Limited (4.54), greater than Resources & Energy Group Limited (0.75), greater than Lodestar Minerals Limited (0.16), greater than Metal Bank Limited (2.57), greater than Middle Island Resources Limited (14.09),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.21 | $7.76M | |
| 24.11 | $7.11M | |
| 6.05 | $8.50M | |
| 1.86 | $8.88M | |
| 1.12 | $14.59M | |
| 4.54 | $8.95M | |
| 0.75 | $10.05M | |
| 0.16 | $4.80M | |
| 2.57 | $8.95M | |
| 14.09 | $8.39M |
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