NIM.AX
Price:
$0.064
Market Cap:
$16.78M
Nimy Resources Limited, an exploration company, engages in discovering and developing an economic nickel-sulfide project in Australia. The company explores for nickel, lithium, rare earths, gold, other precious metals, and base metals. It holds a 100% interest in the MONS nickel project comprising 15 tenements that covers an area of approximately 2,564 square kilometers located within the Archean Murchison Domain of the Youanmi Terrane of the Yilgarn Craton. The company was incorporated in 2012 and is based in Perth, Australia.
Industry
Industrial Materials
IPO Date
2021-11-21
Stock Exchange
ASX
Ticker
NIM.AX
According to Nimy Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.44. This represents a change of -30.36% compared to the average of 0.63 of the last 4 quarters.
The mean historical Current Ratio of Nimy Resources Limited over the last ten years is 17.97. The current 0.44 Current Ratio has changed 145.97% with respect to the historical average. Over the past ten years (40 quarters), NIM.AX's Current Ratio was at its highest in in the December 2021 quarter at 19.60. The Current Ratio was at its lowest in in the December 2020 quarter at 0.
Average
17.97
Median
0.94
Minimum
0
Maximum
115.76
Discovering the peaks and valleys of Nimy 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 = 0%
Maximum Annual Current Ratio = 115.76
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.44 | -53.01% |
| 2024 | 0.94 | -63.81% |
| 2023 | 2.60 | -57.17% |
| 2022 | 6.07 | -94.76% |
| 2021 | 115.76 | Infinity% |
| 2020 | 0 | 0% |
The current Current Ratio of Nimy Resources Limited (NIM.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
1.33
5-year avg
25.16
10-year avg
17.97
Nimy Resources Limited’s Current Ratio is less than Metals Australia Ltd (15.53), less than Cassius Mining Limited (0.98), less than Piche Resources Ltd (10.20), less than Megado Minerals Limited (36.96), greater than Resource Mining Corporation Limited (0.32), less than Genmin Limited (1.21), less than TG Metals Limited (1.66), greater than Horseshoe Metals Limited (0.06), greater than Vanadium Resources Limited (0.21), less than Lincoln Minerals Limited (1.94),
| Company | Current Ratio | Market cap |
|---|---|---|
| 15.53 | $18.29M | |
| 0.98 | $22.91M | |
| 10.20 | $14.93M | |
| 36.96 | $20.02M | |
| 0.32 | $21.87M | |
| 1.21 | $12.23M | |
| 1.66 | $18.37M | |
| 0.06 | $21.59M | |
| 0.21 | $18.12M | |
| 1.94 | $25.91M |
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