NKL.AX
Price:
$0.029
Market Cap:
$5.45M
NickelX Limited, a mining exploration company, focuses on exploring nickel deposits in Western Australia. The company also explores for copper, cobalt, and gold. Its flagship project is the Biranup project covering an area of 342 square kilometers located in the Albany Fraser Orogen, Western Australia. The company was formerly known as New Energy Metals Limited. NickelX Limited was incorporated in 2019 and is based in Perth, Australia.
Industry
Industrial Materials
IPO Date
2021-05-07
Stock Exchange
ASX
Ticker
NKL.AX
According to NickelX Limited’s latest financial reports and current stock price. The company's current Current Ratio is 4.61. This represents a change of -48.89% compared to the average of 9.03 of the last 4 quarters.
The mean historical Current Ratio of NickelX Limited over the last ten years is 10.02. The current 4.61 Current Ratio has changed 4.51% with respect to the historical average. Over the past ten years (40 quarters), NKL.AX's Current Ratio was at its highest in in the June 2021 quarter at 28.94. The Current Ratio was at its lowest in in the December 2018 quarter at 0.
Average
10.02
Median
5.71
Minimum
0.47
Maximum
28.94
Discovering the peaks and valleys of NickelX 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 = 6.01%
Maximum Annual Current Ratio = 28.94
Minimum Annual Increase = -91.70%
Minimum Annual Current Ratio = 0.47
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 4.61 | -55.40% |
| 2022 | 10.34 | -64.26% |
| 2021 | 28.94 | 6.01% |
| 2020 | 0.47 | -91.70% |
The current Current Ratio of NickelX Limited (NKL.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
14.63
5-year avg
10.02
10-year avg
10.02
NickelX Limited’s Current Ratio is greater than Aeon Metals Limited (1.37), greater than Emu NL (1.41), greater than R3D Resources Limited (0.35), greater than Alderan Resources Limited (1.01), greater than OAR Resources Limited (0.20), less than NickelSearch Limited (4.71), greater than Woomera Mining Limited (3.38), less than Allup Silica Limited (8.61), greater than Tempus Resources Limited (1.66), greater than DMC Mining Limited (0.06),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.37 | $5.48M | |
| 1.41 | $4.86M | |
| 0.35 | $5.72M | |
| 1.01 | $4.96M | |
| 0.20 | $6.13M | |
| 4.71 | $6.11M | |
| 3.38 | $4.33M | |
| 8.61 | $4.13M | |
| 1.66 | $4.12M | |
| 0.06 | $2.69M |
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