M3 Mining Limited

M3 Mining Limitedverified

M3M.AX

Price:

$0.027

Market Cap:

$2.51M

M3 Mining Limited engages in the exploration and evaluation of mineral resources in Australia. The company primarily explores for copper and gold deposits. It holds a 100% interest in the Edjudina project comprising six licenses located approximately 150 km north east of Kalgoorlie in the Eastern Goldfields, Western Australia; and the Victoria Bore project located in the Pilbara region of Western Australia. The company was incorporated in 2020 and is headquartered in Perth, Australia.

Industry

Other Precious Metals

IPO Date

2021-07-29

Stock Exchange

ASX

Ticker

M3M.AX

The Current Ratio as of December 2025 (TTM) for M3 Mining Limited (M3M.AX) is 5.25

According to M3 Mining Limited’s latest financial reports and current stock price. The company's current Current Ratio is 5.25. This represents a change of -58.29% compared to the average of 12.58 of the last 4 quarters.

M3 Mining Limited (M3M.AX) Historical Current Ratio (quarterly & annually)

How has M3M.AX Current Ratio performed in the past?

The mean historical Current Ratio of M3 Mining Limited over the last ten years is 8.07. The current 5.25 Current Ratio has changed 6.40% with respect to the historical average. Over the past ten years (40 quarters), M3M.AX's Current Ratio was at its highest in in the December 2021 quarter at 59.19. The Current Ratio was at its lowest in in the December 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

8.07

Median

7.21

Minimum

1.37

Maximum

15.68

M3 Mining Limited (M3M.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of M3 Mining 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 = 1.04%

Maximum Annual Current Ratio = 15.68

Minimum Annual Increase = -33.61%

Minimum Annual Current Ratio = 1.37

Quarterly (TTM)
Annual
YearCurrent RatioChange
20255.25-27.19%
20247.21-33.61%
202310.86-30.73%
202215.681.04%

M3 Mining Limited (M3M.AX) Average Current Ratio

How has M3M.AX Current Ratio performed in the past?

The current Current Ratio of M3 Mining Limited (M3M.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

7.77

5-year avg

8.07

10-year avg

8.07

M3 Mining Limited (M3M.AX) Current Ratio vs. Peers

How is M3M.AX’s Current Ratio compared to its peers?

M3 Mining Limited’s Current Ratio is less than Panther Metals Ltd (9.51), less than Octava Minerals Limited (15.43), greater than Avira Resources Limited (3.41), greater than ActivEX Limited (0.24), less than Rincon Resources Limited (56.91), greater than Discovery Alaska Limited (3.91), greater than Canterbury Resources Limited (1.12), greater than Lord Resources Limited (3.13), greater than Golden State Mining Limited (1.90), less than SQX Resources Limited (14.69),

Build a custom stock screener for M3 Mining Limited (M3M.AX) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like M3 Mining Limited using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

M3 Mining Limited (M3M.AX) and other stocks custom spreadsheet templates

The easiest way to analyze a company like M3 Mining Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is M3 Mining Limited's Current Ratio?

How is the Current Ratio calculated for M3 Mining Limited (M3M.AX)?

What is the highest Current Ratio for M3 Mining Limited (M3M.AX)?

What is the 3-year average Current Ratio for M3 Mining Limited (M3M.AX)?

What is the 5-year average Current Ratio for M3 Mining Limited (M3M.AX)?

How does the current Current Ratio for M3 Mining Limited (M3M.AX) compare to its historical average?