MetalsGrove Mining Limited

MetalsGrove Mining Limitedverified

MGA.AX

Price:

$0.072

Market Cap:

$7.59M

MetalsGrove Mining Limited engages in the acquisition, exploration, and development of green metals for the battery and renewable energy market in Australia. It primarily explores for copper, lead, zinc, gold, lithium, tin, tantalum, manganese, and rare earth elements. The company holds interest in the Upper Coondina lithium-tin and tantalum project, which comprises a single granted exploration license covering an area of approximately 6,363 hectares located southwest of marble bar in the eastern Pilbara region of Western Australia; the Woodie Woodie North manganese project consisting of a single granted exploration license that covers an area of approximately 13,740 hectares situated in the...[Read more]

Industry

Industrial Materials

IPO Date

2022-07-06

Stock Exchange

ASX

Ticker

MGA.AX

The Current Ratio as of December 2025 (TTM) for MetalsGrove Mining Limited (MGA.AX) is 11.98

According to MetalsGrove Mining Limited’s latest financial reports and current stock price. The company's current Current Ratio is 11.98. This represents a change of -19.69% compared to the average of 14.92 of the last 4 quarters.

MetalsGrove Mining Limited (MGA.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of MetalsGrove Mining Limited over the last ten years is 11.98. The current 11.98 Current Ratio has changed 9.91% with respect to the historical average. Over the past ten years (40 quarters), MGA.AX's Current Ratio was at its highest in in the December 2021 quarter at 146.29. The Current Ratio was at its lowest in in the June 2022 quarter at 0.

Quarterly (TTM)
Annual

Average

11.98

Median

11.20

Minimum

4.60

Maximum

20.90

MetalsGrove Mining Limited (MGA.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MetalsGrove 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 = 354.23%

Maximum Annual Current Ratio = 20.90

Minimum Annual Increase = -55.86%

Minimum Annual Current Ratio = 4.60

Quarterly (TTM)
Annual
YearCurrent RatioChange
202511.98-42.65%
202420.90354.23%
20234.60-55.86%

MetalsGrove Mining Limited (MGA.AX) Average Current Ratio

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

The current Current Ratio of MetalsGrove Mining Limited (MGA.AX) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

12.49

5-year avg

11.98

10-year avg

11.98

MetalsGrove Mining Limited (MGA.AX) Current Ratio vs. Peers

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

MetalsGrove Mining Limited’s Current Ratio is greater than Accelerate Resources Limited (6.30), greater than Narryer Metals Limited (10.06), greater than Strategic Energy Resources Limited (1.66), greater than Juno Minerals Limited (2.66), greater than Yari Minerals Limited (9.76), greater than Alice Queen Limited (5.30), greater than Charger Metals NL (6.48), greater than GreenTech Metals Limited (1.45), greater than Fin Resources Limited (0.98), greater than Pinnacle Minerals Limited (2.05),

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