NAG.AX
Price:
$0.01
Market Cap:
$8.97M
Nagambie Resources Limited explores for and develop gold and related minerals, and construction materials in Australia. The company has a total area of 3,000 square kilometers of exploration licenses in Waranga Province. It is also involved in the investigation and development of waste handling assets, as well as property owning activities. The company was formerly known as Nagambie Mining Limited and changed its name to Nagambie Resources Limited in November 2015. Nagambie Resources Limited was incorporated in 2004 and is headquartered in Nagambie, Australia.
Industry
Gold
IPO Date
2006-05-11
Stock Exchange
ASX
Ticker
NAG.AX
According to Nagambie Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.02. This represents a change of -94.83% compared to the average of 0.43 of the last 4 quarters.
The mean historical Current Ratio of Nagambie Resources Limited over the last ten years is 1.10. The current 0.02 Current Ratio has changed 101.16% with respect to the historical average. Over the past ten years (40 quarters), NAG.AX's Current Ratio was at its highest in in the June 2008 quarter at 7.72. The Current Ratio was at its lowest in in the January 2006 quarter at 0.
Average
1.10
Median
0.51
Minimum
0.02
Maximum
5.07
Discovering the peaks and valleys of Nagambie 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 = 1.12%
Maximum Annual Current Ratio = 5.07
Minimum Annual Increase = -96.87%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.02 | -93.73% |
| 2024 | 0.35 | -48.77% |
| 2023 | 0.69 | 335.29% |
| 2022 | 0.16 | -96.87% |
| 2021 | 5.07 | 100.35% |
| 2020 | 2.53 | 1.12% |
| 2019 | 0.21 | -80.24% |
| 2018 | 1.05 | 58.85% |
| 2017 | 0.66 | 145.74% |
| 2016 | 0.27 | -72.34% |
The current Current Ratio of Nagambie Resources Limited (NAG.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
0.36
5-year avg
1.26
10-year avg
1.10
Nagambie Resources Limited’s Current Ratio is less than Norwest Minerals Limited (4.51), less than Gladiator Resources Limited (4.47), less than Lodestar Minerals Limited (0.16), less than North Stawell Minerals Limited (4.45), less than Hamelin Gold Limited (10.87), less than Bulletin Resources Limited (72.99), less than Riversgold Limited (1.12), less than Terrain Minerals Limited (2.12), less than Nelson Resources Limited (19.10), less than Resources & Energy Group Limited (0.75),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.51 | $11.33M | |
| 4.47 | $10.58M | |
| 0.16 | $6.80M | |
| 4.45 | $11.92M | |
| 10.87 | $12.29M | |
| 72.99 | $14.97M | |
| 1.12 | $12.50M | |
| 2.12 | $11.86M | |
| 19.10 | $19.77M | |
| 0.75 | $13.14M |
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