Magnum Mining and Exploration Limited

Magnum Mining and Exploration Limitedverified

MGU.AX

Price:

$0.006

Market Cap:

$16.82M

Magnum Mining and Exploration Limited engages in the exploration and evaluation of mineral properties. The company owns a 74% interest in the Gravelotte emerald project located in the Limpopo province of South Africa. It has an agreement to acquire a 100% interest in the Buena Vista iron ore project located in Nevada, United States. The company was incorporated in 1986 and is based in Sydney, Australia.

Industry

Industrial Materials

IPO Date

1999-02-01

Stock Exchange

ASX

Ticker

MGU.AX

The Current Ratio as of December 2025 (TTM) for Magnum Mining and Exploration Limited (MGU.AX) is 0.77

According to Magnum Mining and Exploration Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.77. This represents a change of -82.18% compared to the average of 4.34 of the last 4 quarters.

Magnum Mining and Exploration Limited (MGU.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Magnum Mining and Exploration Limited over the last ten years is 4.07. The current 0.77 Current Ratio has changed 1.80% with respect to the historical average. Over the past ten years (40 quarters), MGU.AX's Current Ratio was at its highest in in the December 2009 quarter at 29.49. The Current Ratio was at its lowest in in the June 2006 quarter at 0.

Quarterly (TTM)
Annual

Average

4.07

Median

2.53

Minimum

0.54

Maximum

11.83

Magnum Mining and Exploration Limited (MGU.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Magnum Mining and Exploration 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 = 894.21%

Maximum Annual Current Ratio = 11.83

Minimum Annual Increase = -90.34%

Minimum Annual Current Ratio = 0.54

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.39-83.23%
20238.2729.44%
20226.39-46.00%
202111.83894.21%
20201.19-3.80%
20191.2481.52%
20180.68-81.46%
20173.68585.69%
20160.54-90.34%
20155.55290.69%

Magnum Mining and Exploration Limited (MGU.AX) Average Current Ratio

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

The current Current Ratio of Magnum Mining and Exploration Limited (MGU.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

5.35

5-year avg

5.81

10-year avg

4.07

Magnum Mining and Exploration Limited (MGU.AX) Current Ratio vs. Peers

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

Magnum Mining and Exploration Limited’s Current Ratio is less than Thor Energy Plc (3.54), less than Euro Manganese Inc. (4.22), less than Metal Hawk Limited (43.22), less than Constellation Resources Limited (0.81), less than Pivotal Metals Limited (8.15), greater than Livium Ltd (0.52), less than Auris Minerals Limited (4.78), less than Morella Corporation Limited (1.43), less than Freehill Mining Limited (2.01), less than Paterson Resources Ltd (48.40),

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