Macro Metals Limited

Macro Metals Limitedverified

M4M.AX

Price:

$0.007

Market Cap:

$30.24M

Macro Metals Limited, through its subsidiaries, engages in the exploration and evaluation of iron ore and other mineral properties in Australia and Nigeria. The company holds a 100% interest in the Agbaja iron ore and steel project located in Kogi State in the Republic of Nigeria; and interest in the Mogul VMS project located in Western Australia. It also owns a portfolio of 8 iron ore projects in the Pilbara and Mid West regions of Western Australia. The company was formerly known as Kogi Iron Limited and changed its name to Macro Metals Limited in December 2022. Macro Metals Limited was incorporated in 1980 and is based in Peppermint Grove, Australia.

Industry

Steel

IPO Date

1988-01-31

Stock Exchange

ASX

Ticker

M4M.AX

The Current Ratio as of December 2025 (TTM) for Macro Metals Limited (M4M.AX) is 1.57

According to Macro Metals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.57. This represents a change of -49.65% compared to the average of 3.11 of the last 4 quarters.

Macro Metals Limited (M4M.AX) Historical Current Ratio (quarterly & annually)

How has M4M.AX Current Ratio performed in the past?

The mean historical Current Ratio of Macro Metals Limited over the last ten years is 1.94. The current 1.57 Current Ratio has changed 7.99% with respect to the historical average. Over the past ten years (40 quarters), M4M.AX's Current Ratio was at its highest in in the June 2005 quarter at 33.24. The Current Ratio was at its lowest in in the December 2017 quarter at 0.08.

Quarterly (TTM)
Annual

Average

1.94

Median

1.36

Minimum

0.14

Maximum

5.79

Macro Metals Limited (M4M.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Macro 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 = 847.55%

Maximum Annual Current Ratio = 5.79

Minimum Annual Increase = -80.92%

Minimum Annual Current Ratio = 0.14

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.57-69.86%
20245.20435.23%
20230.97-33.38%
20221.466.04%
20211.38-76.23%
20205.79643.52%
20190.78-42.12%
20181.35847.55%
20170.14-80.92%
20160.74-52.69%

Macro Metals Limited (M4M.AX) Average Current Ratio

How has M4M.AX Current Ratio performed in the past?

The current Current Ratio of Macro Metals Limited (M4M.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

2.58

5-year avg

2.12

10-year avg

1.94

Macro Metals Limited (M4M.AX) Current Ratio vs. Peers

How is M4M.AX’s Current Ratio compared to its peers?

Macro Metals Limited’s Current Ratio is less than Equatorial Resources Limited (50.79), greater than Avenira Limited (0.20), less than Agrimin Limited (2.85), greater than Volt Resources Limited (0.03), less than GWR Group Limited (6.28), greater than WIN Metals Ltd (1.21), less than Future Battery Minerals Limited (11.50), greater than EV Resources Limited (0.55), greater than Black Rock Mining Ltd (1.48), greater than Artemis Resources Limited (1.32),

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