GEMR.L
Gem Resources Plc operates as a mining exploration company. It primarily explores for graphite, coltan, lithium, niobium, tantalum, beryllium, rubidium, caesium, and rare earth elements. The company holds interests in the two exploration licenses covering an area of 1,284 square kilometers located in north east Zambia. It also holds interests in the Gravelotte Emerald Mine project located in South Africa; and the Emerald mine in South Africa. In addition, it offers consultancy services. the company was formerly known as URA Holdings Plc and changed its name to Gem Resources Plc in September2024. The company was incorporated in 2005 and is based in London, the United Kingdom.
Industry
Other Precious Metals
IPO Date
2022-03-02
Stock Exchange
LSE
Ticker
GEMR.L
According to Gem Resources Plc’s latest financial reports and current stock price. The company's current Current Ratio is 2.35. This represents a change of 33.54% compared to the average of 1.76 of the last 4 quarters.
The mean historical Current Ratio of Gem Resources Plc over the last ten years is 3.22. The current 2.35 Current Ratio has changed 7.21% with respect to the historical average. Over the past ten years (40 quarters), GEMR.L's Current Ratio was at its highest in in the June 2007 quarter at 82.96. The Current Ratio was at its lowest in in the December 2005 quarter at 0.
Average
3.22
Median
1.34
Minimum
0.01
Maximum
18.16
Discovering the peaks and valleys of Gem Resources Plc 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 = 260.87%
Maximum Annual Current Ratio = 18.16
Minimum Annual Increase = -97.29%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 2.35 | -20.15% |
| 2022 | 2.95 | 77.68% |
| 2021 | 1.66 | -72.36% |
| 2019 | 6.00 | -66.96% |
| 2018 | 18.16 | 260.87% |
| 2017 | 0.01 | -34.75% |
| 2016 | 0.01 | -45.48% |
| 2015 | 0.02 | -29.42% |
| 2014 | 0.03 | -97.29% |
| 2013 | 1.02 | -79.66% |
The current Current Ratio of Gem Resources Plc (GEMR.L) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.32
5-year avg
6.22
10-year avg
3.22
Gem Resources Plc’s Current Ratio is greater than Karelian Diamond Resources Plc (0.08), greater than Anglesey Mining plc (0.67), greater than Nativo Resources plc (0.17), greater than Unicorn Mineral Resources Public Limited Company (1.85), greater than Kendrick Resources PLC (0.07), greater than Harvest Minerals Limited (0.76), greater than Keras Resources Plc (1.51), greater than Focus Xplore Plc (0.06), greater than Versarien plc (1.25), greater than Great Western Mining Corporation PLC (1.85),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.08 | N/A | |
| 0.67 | N/A | |
| 0.17 | N/A | |
| 1.85 | N/A | |
| 0.07 | N/A | |
| 0.76 | N/A | |
| 1.51 | N/A | |
| 0.06 | N/A | |
| 1.25 | N/A | |
| 1.85 | N/A |
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