ITM.AX
Price:
$0.045
Market Cap:
$7.66M
iTech Minerals Ltd, together with its subsidiaries, operates as an industrial and battery minerals exploration company in Australia. The company explores for halloysite-kaolinite, graphite, gold, and base metal deposits. It has exploration rights in gold-bearing projects, including the Billa Kalina project located in the central Gawler Craton; the Eyre Peninsula Gold Project located in the southern Gawler Craton; and the Nackara Arc Copper-Gold project located in the Delamerian Orogen. It also explores for Campoona Graphite Project and the Bartels Gold project located in the Eyre Peninsula. The company was incorporated in 2021 and is based in Parkside, Australia.
Industry
Industrial Materials
IPO Date
2021-10-20
Stock Exchange
ASX
Ticker
ITM.AX
According to iTech Minerals Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 5.97. This represents a change of -16.60% compared to the average of 7.16 of the last 4 quarters.
The mean historical Current Ratio of iTech Minerals Ltd over the last ten years is 6.81. The current 5.97 Current Ratio has changed 8.67% with respect to the historical average. Over the past ten years (40 quarters), ITM.AX's Current Ratio was at its highest in in the December 2021 quarter at 40.23. The Current Ratio was at its lowest in in the December 2020 quarter at 0.
Average
6.81
Median
7.64
Minimum
3.31
Maximum
8.78
Discovering the peaks and valleys of iTech 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 = 80.44%
Maximum Annual Current Ratio = 8.78
Minimum Annual Increase = -62.31%
Minimum Annual Current Ratio = 3.31
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 5.97 | 80.44% |
| 2024 | 3.31 | -62.31% |
| 2023 | 8.78 | 5.21% |
| 2022 | 8.35 | 9.28% |
The current Current Ratio of iTech Minerals Ltd (ITM.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
6.02
5-year avg
6.81
10-year avg
6.81
iTech Minerals Ltd’s Current Ratio is less than Golden Deeps Limited (21.58), greater than Tempest Minerals Limited (4.91), less than Albion Resources Limited (11.29), greater than Kingsland Minerals Limited (2.62), less than Great Western Exploration Limited (7.90), less than Connected Minerals Limited (35.65), greater than Infinity Lithium Corporation Limited (1.82), greater than Pure Resources Limited (2.75), less than Perpetual Resources Limited (6.93), less than Killi Resources Limited (13.09),
| Company | Current Ratio | Market cap |
|---|---|---|
| 21.58 | $9.05M | |
| 4.91 | $5.51M | |
| 11.29 | $7.82M | |
| 2.62 | $7.47M | |
| 7.90 | $8.52M | |
| 35.65 | $9.03M | |
| 1.82 | $8.63M | |
| 2.75 | $8.05M | |
| 6.93 | $8.59M | |
| 13.09 | $6.17M |
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