MMLTF
Price:
$0.96
Market Cap:
$13.21B
MMG Limited, an investment holding company, engages in the exploration, development, and mining of copper, zinc, gold, silver, molybdenum, cobalt, and lead deposits in Australia and internationally. It operates through Las Bambas, Kinsevere, Dugald River, Rosebery, and Other segments. The company holds a 62.5% interest in the Las Bambas open-pit copper and molybdenum mine located in Cotabambas, Apurimac region of Peru; and 100% interest in the Kinsevere open-pit copper mine in the Haut-Katanga province of the Democratic Republic of the Congo. It also holds a 100% interest in the Dugald River underground zinc mine located near Cloncurry in North West Queensland; and the Rosebery underground p...[Read more]
Industry
Copper
IPO Date
2013-04-08
Stock Exchange
OTC
Ticker
MMLTF
According to MMG Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.47. This represents a change of 60.61% compared to the average of 0.91 of the last 4 quarters.
The mean historical Current Ratio of MMG Limited over the last ten years is 1.03. The current 1.47 Current Ratio has changed 14.18% with respect to the historical average. Over the past ten years (40 quarters), MMLTF's Current Ratio was at its highest in in the December 2009 quarter at 2.44. The Current Ratio was at its lowest in in the June 2006 quarter at 0.
Average
1.03
Median
0.87
Minimum
0.63
Maximum
1.94
Discovering the peaks and valleys of MMG 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 = 73.34%
Maximum Annual Current Ratio = 1.94
Minimum Annual Increase = -35.99%
Minimum Annual Current Ratio = 0.63
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.76 | 20.35% |
| 2023 | 0.63 | -25.34% |
| 2022 | 0.85 | -35.99% |
| 2021 | 1.33 | 73.34% |
| 2020 | 0.77 | 8.60% |
| 2019 | 0.70 | -21.07% |
| 2018 | 0.89 | -20.93% |
| 2017 | 1.13 | -10.54% |
| 2016 | 1.26 | -34.82% |
| 2015 | 1.94 | 28.73% |
The current Current Ratio of MMG Limited (MMLTF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.75
5-year avg
0.87
10-year avg
1.03
MMG Limited’s Current Ratio is greater than Capstone Copper Corp. (1.11), less than Brenntag SE (1.50), greater than Evonik Industries AG (1.45), greater than Evonik Industries AG (1.45), less than JFE Holdings, Inc. (1.58), greater than KGHM Polska Miedz S.A. (1.22), less than Taiwan Cement Corp. (2.00), less than Brenntag SE (1.50), less than Aurubis AG (2.38), less than Aurubis AG (2.38),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.11 | $7.48B | |
| 1.50 | $8.29B | |
| 1.45 | $6.75B | |
| 1.45 | $6.96B | |
| 1.58 | $7.76B | |
| 1.22 | $12.47B | |
| 2.00 | $7.45B | |
| 1.50 | $7.97B | |
| 2.38 | $5.31B | |
| 2.38 | $5.45B |
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