MMC.AX
Price:
$0.99
Market Cap:
$115.10M
Mitre Mining Corporation Limited engages in the exploration and development of mineral properties in Australia. The company explores for gold, rare earth element, and other base metal deposits. It holds interests in the Batemans and Araluen projects located in New South Wales. The company was incorporated in 2020 and is based in Melbourne, Australia.
Industry
Gold
IPO Date
2021-09-30
Stock Exchange
ASX
Ticker
MMC.AX
According to Mitre Mining Corporation Limited’s latest financial reports and current stock price. The company's current Current Ratio is 14.82. This represents a change of -46.33% compared to the average of 27.62 of the last 4 quarters.
The mean historical Current Ratio of Mitre Mining Corporation Limited over the last ten years is 23.51. The current 14.82 Current Ratio has changed 6.20% with respect to the historical average. Over the past ten years (40 quarters), MMC.AX's Current Ratio was at its highest in in the December 2021 quarter at 53.12. The Current Ratio was at its lowest in in the December 2020 quarter at 0.
Average
23.51
Median
14.82
Minimum
14.65
Maximum
41.05
Discovering the peaks and valleys of Mitre Mining Corporation 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 = 180.22%
Maximum Annual Current Ratio = 41.05
Minimum Annual Increase = -63.90%
Minimum Annual Current Ratio = 14.65
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 14.82 | -63.90% |
| 2022 | 41.05 | 180.22% |
The current Current Ratio of Mitre Mining Corporation Limited (MMC.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
23.51
5-year avg
23.51
10-year avg
23.51
Mitre Mining Corporation Limited’s Current Ratio is less than Tulla Resources Plc (0), greater than Labyrinth Resources Limited (1.05), greater than Calidus Resources Limited (0.85), greater than Ten Sixty Four Limited (3.34), greater than Wiluna Mining Corporation Limited (0.56), greater than Asra Minerals Limited (0.71), greater than Zeta Resources Limited (0), greater than Lion One Metals Limited (2.90), greater than Alto Metals Limited (2.15), greater than Chesser Resources Limited (0.84),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $116.57M | |
| 1.05 | $125.86M | |
| 0.85 | $93.68M | |
| 3.34 | $129.93M | |
| 0.56 | $72.66M | |
| 0.71 | $11.92M | |
| 0 | $108.73M | |
| 2.90 | $162.46M | |
| 2.15 | $69.54M | |
| 0.84 | $65.82M |
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