NNL.AX
Price:
$0.185
Market Cap:
$69.57M
Nordic Nickel Limited engages in the exploration of nickel sulphides and battery minerals. Its flagship project is the Pulju project, which comprises of one granted exploration license (EL), seven EL applications, and one exploration reservation ground in Finland. The company was formerly known as Nordic Nickel Pty Ltd. Nordic Nickel Limited was incorporated in 2021 and is based in Perth, Australia.
Industry
Industrial Materials
IPO Date
2022-06-01
Stock Exchange
ASX
Ticker
NNL.AX
According to Nordic Resources Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 12.43. This represents a change of 43.33% compared to the average of 8.67 of the last 4 quarters.
The mean historical Current Ratio of Nordic Resources Ltd over the last ten years is 35.02. The current 12.43 Current Ratio has changed 3.45% with respect to the historical average. Over the past ten years (40 quarters), NNL.AX's Current Ratio was at its highest in in the June 2022 quarter at 147.55. The Current Ratio was at its lowest in in the June 2023 quarter at 2.86.
Average
35.02
Median
8.18
Minimum
2.86
Maximum
147.55
Discovering the peaks and valleys of Nordic Resources Ltd 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 = 1.70%
Maximum Annual Current Ratio = 147.55
Minimum Annual Increase = -98.06%
Minimum Annual Current Ratio = 2.86
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 12.43 | 205.88% |
| 2024 | 4.06 | 41.93% |
| 2023 | 2.86 | -98.06% |
| 2022 | 147.55 | 1.70% |
The current Current Ratio of Nordic Resources Ltd (NNL.AX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
6.45
5-year avg
35.02
10-year avg
35.02
Nordic Resources Ltd’s Current Ratio is greater than CZR Resources Ltd (1.73), greater than Blackstone Minerals Limited (0.30), greater than Terramin Australia Limited (0.01), greater than Tungsten Mining NL (0.56), greater than Image Resources NL (0.53), less than Argosy Minerals Limited (12.88), less than Caprice Resources Limited (21.30), greater than Forrestania Resources Limited (2.39), less than Mithril Silver and Gold Limited (14.98), greater than Native Mineral Resources Holdings Limited (0.11),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.73 | $98.03M | |
| 0.30 | $76.04M | |
| 0.01 | $65.91M | |
| 0.56 | $193.20M | |
| 0.53 | $68.60M | |
| 12.88 | $168.95M | |
| 21.30 | $66.88M | |
| 2.39 | $119.65M | |
| 14.98 | $83.96M | |
| 0.11 | $64.22M |
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