HOR.AX
Price:
$0.029
Market Cap:
$21.59M
Horseshoe Metals Limited engages in the exploration and development of mineral properties in Australia. The company explores for copper and gold deposits. It owns 100% interests in the Horseshoe Lights project that comprises 15 tenements covering an area of approximately 215 square kilometers located in Bryah Basin region of Western Australia; and the Kumarina project that consists of a small mining lease and a mining lease covering approximately 3.2 square kilometers located in the Gascoyne region of Western Australia. The company also owns 50% interest in the Mt Gunson copper project; and 100% interest in the Glenloth gold project located in South Australia. Horseshoe Metals Limited was in...[Read more]
Industry
Industrial Materials
IPO Date
2010-07-29
Stock Exchange
ASX
Ticker
HOR.AX
According to Horseshoe Metals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.06. This represents a change of 51.51% compared to the average of 0.04 of the last 4 quarters.
The mean historical Current Ratio of Horseshoe Metals Limited over the last ten years is 0.16. The current 0.06 Current Ratio has changed 3.81% with respect to the historical average. Over the past ten years (40 quarters), HOR.AX's Current Ratio was at its highest in in the December 2009 quarter at 48.40. The Current Ratio was at its lowest in in the June 2009 quarter at 0.
Average
0.16
Median
0.10
Minimum
0.03
Maximum
0.68
Discovering the peaks and valleys of Horseshoe Metals 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 = 400.12%
Maximum Annual Current Ratio = 0.68
Minimum Annual Increase = -98.29%
Minimum Annual Current Ratio = 0.03
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.03 | -20.97% |
| 2023 | 0.04 | -71.67% |
| 2022 | 0.13 | -80.46% |
| 2021 | 0.68 | 400.12% |
| 2020 | 0.14 | 117.89% |
| 2019 | 0.06 | -44.47% |
| 2018 | 0.11 | -51.76% |
| 2017 | 0.23 | 155.06% |
| 2016 | 0.09 | 8.29% |
| 2015 | 0.08 | -98.29% |
The current Current Ratio of Horseshoe Metals Limited (HOR.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
0.07
5-year avg
0.20
10-year avg
0.16
Horseshoe Metals Limited’s Current Ratio is less than Resource Mining Corporation Limited (0.32), less than Metals Australia Ltd (15.53), less than WA Kaolin Limited (0.27), less than Cassius Mining Limited (0.98), less than Battery Age Minerals Ltd (0.20), less than Nimy Resources Limited (0.44), less than Titanium Sands Limited (1.70), less than Genmin Limited (1.21), less than Venus Metals Corporation Limited (38.02), greater than Savannah Goldfields Limited (0.04),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.32 | $21.87M | |
| 15.53 | $18.29M | |
| 0.27 | $23.74M | |
| 0.98 | $22.91M | |
| 0.20 | $20.49M | |
| 0.44 | $16.78M | |
| 1.70 | $14.07M | |
| 1.21 | $12.23M | |
| 38.02 | $39.13M | |
| 0.04 | $40.69M |
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