MIO.AX
Price:
$0.03
Market Cap:
$3.89M
Macarthur Minerals Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral resource properties. The company primarily explores for gold, copper, lithium, iron ore, nickel, and cobalt deposits. It holds interests in three iron ore projects in the Yilgarn region of Western Australia; two exploration project areas in the Pilbara, Western Australia targeting iron ore; and lithium brine interests in the Railroad Valley, Nevada, the United States. The company was formerly known as Macarthur Diamonds Limited and changed its name to Macarthur Minerals Limited in July 2005. Macarthur Minerals Limited was incorporated in 2002 and is headquartered in Milton, Austra...[Read more]
Industry
Industrial Materials
IPO Date
2019-12-05
Stock Exchange
ASX
Ticker
MIO.AX
According to Macarthur Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.47. This represents a change of 23.38% compared to the average of 0.38 of the last 4 quarters.
The mean historical Current Ratio of Macarthur Minerals Limited over the last ten years is 1.71. The current 0.47 Current Ratio has changed 2.64% with respect to the historical average. Over the past ten years (40 quarters), MIO.AX's Current Ratio was at its highest in in the December 2017 quarter at 8.79. The Current Ratio was at its lowest in in the March 2019 quarter at 0.14.
Average
1.71
Median
0.82
Minimum
0.14
Maximum
6.14
Discovering the peaks and valleys of Macarthur Minerals 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 = 488.93%
Maximum Annual Current Ratio = 6.14
Minimum Annual Increase = -94.31%
Minimum Annual Current Ratio = 0.14
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.24 | -94.31% |
| 2023 | 4.28 | 488.93% |
| 2022 | 0.73 | -20.37% |
| 2021 | 0.91 | 81.45% |
| 2020 | 0.50 | 254.49% |
| 2019 | 0.14 | -94.14% |
| 2018 | 2.42 | 122.76% |
| 2017 | 1.09 | 57.53% |
| 2016 | 0.69 | -88.77% |
| 2015 | 6.14 | -25.08% |
The current Current Ratio of Macarthur Minerals Limited (MIO.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
1.75
5-year avg
1.33
10-year avg
1.71
Macarthur Minerals Limited’s Current Ratio is less than Power Minerals Limited (1.01), less than Javelin Minerals Limited (3.92), less than Megado Minerals Limited (36.96), less than DGR Global Limited (1.41), greater than Lithium Universe Limited (0.15), less than Piche Resources Ltd (10.20), less than Firebird Metals Limited (4.31), less than Leeuwin Metals Ltd (3.98), less than Genmin Limited (1.21), less than Magnum Mining and Exploration Limited (0.77),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.01 | $20.40M | |
| 3.92 | $553.25M | |
| 36.96 | $20.02M | |
| 1.41 | $37.57M | |
| 0.15 | $17.75M | |
| 10.20 | $14.93M | |
| 4.31 | $20.49M | |
| 3.98 | $17.91M | |
| 1.21 | $11.21M | |
| 0.77 | $16.82M |
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