GHM.AX
Price:
$0.78
Market Cap:
$142.81M
Golden Horse Minerals Ltd., a gold exploration company, engages in the acquisition, exploration, and development of mineral projects in Western Australia. It primarily explores for gold, nickel, and lithium exploration. The company's principal project is the Southern Cross North project covering an area of approximately 930 square kilometers located in Perth, Western Australia. The company was formerly known as Altan Rio Minerals Limited and changed its name to Golden Horse Minerals Limited in July 2023. Golden Horse Minerals Limited is headquartered in Vancouver, Canada.
Industry
Gold
IPO Date
2024-12-15
Stock Exchange
ASX
Ticker
GHM.AX
According to Golden Horse Minerals Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.97. This represents a change of -34.48% compared to the average of 1.48 of the last 4 quarters.
The mean historical Current Ratio of Golden Horse Minerals Ltd. over the last ten years is 0.46. The current 0.97 Current Ratio has changed 20.87% with respect to the historical average. Over the past ten years (40 quarters), GHM.AX's Current Ratio was at its highest in in the September 2023 quarter at 2.97. The Current Ratio was at its lowest in in the September 2022 quarter at 0.02.
Average
0.46
Median
0.15
Minimum
0.02
Maximum
2.01
Discovering the peaks and valleys of Golden Horse Minerals 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 = 1.70%
Maximum Annual Current Ratio = 2.01
Minimum Annual Increase = -81.20%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 2.01 | 1.70% |
| 2022 | 0.11 | -57.95% |
| 2021 | 0.27 | -81.20% |
| 2020 | 1.42 | 1.13% |
| 2019 | 0.11 | 365.56% |
| 2018 | 0.02 | -34.85% |
| 2017 | 0.04 | -57.12% |
| 2016 | 0.09 | -54.07% |
| 2015 | 0.19 | -45.70% |
| 2014 | 0.35 | 299.93% |
The current Current Ratio of Golden Horse Minerals Ltd. (GHM.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.80
5-year avg
0.78
10-year avg
0.46
Golden Horse Minerals Ltd.’s Current Ratio is less than Horizon Minerals Limited (1.15), greater than GBM Resources Limited (0.89), less than Kaiser Reef Limited (1.18), greater than Theta Gold Mines Limited (0.35), less than Titan Minerals Limited (5.26), less than Rand Mining Limited (21.13), less than Cygnus Metals Limited (7.55), less than Torque Metals Limited (1.55), less than Geopacific Resources Limited (10.30), less than Lion Selection Group Limited (45.27),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.15 | $209.56M | |
| 0.89 | $140.07M | |
| 1.18 | $155.90M | |
| 0.35 | $159.09M | |
| 5.26 | $215.35M | |
| 21.13 | $138.78M | |
| 7.55 | $143.70M | |
| 1.55 | $167.76M | |
| 10.30 | $110.33M | |
| 45.27 | $127.58M |
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