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
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.
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.
Average
11.98
Median
11.20
Minimum
4.60
Maximum
20.90
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
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 11.98 | -42.65% |
| 2024 | 20.90 | 354.23% |
| 2023 | 4.60 | -55.86% |
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’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),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.30 | $4.99M | |
| 10.06 | $5.46M | |
| 1.66 | $5.02M | |
| 2.66 | $6.07M | |
| 9.76 | $6.89M | |
| 5.30 | $6.03M | |
| 6.48 | $6.58M | |
| 1.45 | $7.87M | |
| 0.98 | $5.82M | |
| 2.05 | $3.50M |
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