MRR.AX
Price:
$0.011
Market Cap:
$11.93M
MinRex Resources Limited engages in the exploration and development of mineral properties. It focuses on the exploration of gold, silver, copper, and other base metal projects in New South Wales (NSW) and Western Australia. The company holds 70% interests in the Marble Bar North, Marble Bar South, Daltons, and Bamboo Creek gold projects in the East Pilbara region of Western Australia; and 100% interests in the Deflector Extended Gold project located at Gullewa in Western Australia. It also holds 7 exploration licenses in Mt Pleasant, Sofala, and Sunny Corner Projects with an area of 514 square kilometers in the Lachlan Fold Belt in NSW; and exploration licenses in lithium and tantalum deposi...[Read more]
Industry
Industrial Materials
IPO Date
2011-11-10
Stock Exchange
ASX
Ticker
MRR.AX
According to MinRex Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 46.81. This represents a change of -5.92% compared to the average of 49.75 of the last 4 quarters.
The mean historical Current Ratio of MinRex Resources Limited over the last ten years is 21.69. The current 46.81 Current Ratio has changed 21.48% with respect to the historical average. Over the past ten years (40 quarters), MRR.AX's Current Ratio was at its highest in in the June 2011 quarter at 517.57. The Current Ratio was at its lowest in in the December 2019 quarter at 0.96.
Average
21.69
Median
17.87
Minimum
5.00
Maximum
46.81
Discovering the peaks and valleys of MinRex Resources 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 = 530.85%
Maximum Annual Current Ratio = 46.81
Minimum Annual Increase = -83.42%
Minimum Annual Current Ratio = 5.00
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 46.81 | 9.90% |
| 2024 | 42.59 | 65.13% |
| 2023 | 25.79 | -33.89% |
| 2022 | 39.02 | 530.85% |
| 2021 | 6.18 | 17.33% |
| 2020 | 5.27 | 5.48% |
| 2019 | 5.00 | -3.16% |
| 2018 | 5.16 | -83.42% |
| 2017 | 31.12 | 212.93% |
| 2016 | 9.95 | -83.09% |
The current Current Ratio of MinRex Resources Limited (MRR.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
38.40
5-year avg
32.08
10-year avg
21.69
MinRex Resources Limited’s Current Ratio is less than Paterson Resources Ltd (48.40), greater than BMG Resources Limited (2.71), greater than Freehill Mining Limited (2.01), greater than Green Technology Metals Limited (0.38), greater than Metal Hawk Limited (43.22), greater than Euro Manganese Inc. (4.22), greater than Enegex Limited (8.53), greater than Dalaroo Metals Ltd (3.53), greater than Bayan Mining and Minerals Limited (1.60), greater than Evion Group NL (1.81),
| Company | Current Ratio | Market cap |
|---|---|---|
| 48.40 | $13.92M | |
| 2.71 | $14.77M | |
| 2.01 | $14.07M | |
| 0.38 | $18.68M | |
| 43.22 | $13.57M | |
| 4.22 | $13.83M | |
| 8.53 | $21.91M | |
| 3.53 | $14.44M | |
| 1.60 | $8.80M | |
| 1.81 | $15.40M |
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