Nordic Resources Ltd

Nordic Resources Ltdverified

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

The Current Ratio as of December 2025 (TTM) for Nordic Resources Ltd (NNL.AX) is 12.43

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.

Nordic Resources Ltd (NNL.AX) Historical Current Ratio (quarterly & annually)

How has NNL.AX Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

35.02

Median

8.18

Minimum

2.86

Maximum

147.55

Nordic Resources Ltd (NNL.AX) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
202512.43205.88%
20244.0641.93%
20232.86-98.06%
2022147.551.70%

Nordic Resources Ltd (NNL.AX) Average Current Ratio

How has NNL.AX Current Ratio performed in the past?

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 (NNL.AX) Current Ratio vs. Peers

How is NNL.AX’s Current Ratio compared to its peers?

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),

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