Northern Minerals Limited

Northern Minerals Limited - Current Ratioverified

NOURF

Price:

$0.0196

Market Cap:

$202.40M

Northern Minerals Limited (NML) is an Australian enterprise primarily dedicated to the exploration and appraisal of rare earth mineral resources within the country. The company's exploration initiatives specifically target dysprosium and other heavy rare earth elements. Its most significant undertaking is the Browns Range Pilot Plant project, a venture fully owned by NML and strategically located to the southeast of Halls Creek in northern Western Australia. Initially formed in 2006, the company was formerly known as Northern Uranium Limited, before rebranding to Northern Minerals Limited in February 2011. NML maintains its principal office in West Perth, Australia.

Industry

Industrial Materials

IPO Date

2012-08-03

Stock Exchange

OTC

Ticker

NOURF

The Current Ratio as of June 2026 (TTM) for Northern Minerals Limited (NOURF) is 11.98

According to Northern Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 11.98. This represents a change of 215.53% compared to the average of 3.80 of the last 4 quarters.

Northern Minerals Limited (NOURF) Historical Current Ratio (quarterly & annually)

How has NOURF Current Ratio performed in the past?

The mean historical Current Ratio of Northern Minerals Limited over the last ten years is 1.98. The current 11.98 Current Ratio has changed 60.42% with respect to the historical average. Over the past ten years (40 quarters), NOURF's Current Ratio was at its highest in in the June 2006 quarter at 1.20K. The Current Ratio was at its lowest in in the January 2007 quarter at 0.

Quarterly (TTM)
Annual

Average

1.98

Median

1.21

Minimum

0.33

Maximum

7.44

Northern Minerals Limited (NOURF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Northern Minerals 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 = 501.03%

Maximum Annual Current Ratio = 7.44

Minimum Annual Increase = -80.80%

Minimum Annual Current Ratio = 0.33

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.17175.48%
20240.43-80.80%
20232.22-39.69%
20223.68-50.54%
20217.44501.03%
20201.24273.26%
20190.33-63.51%
20180.91-46.06%
20171.69143.22%
20160.69-8.84%

Northern Minerals Limited (NOURF) Average Current Ratio

How has NOURF Current Ratio performed in the past?

The current Current Ratio of Northern Minerals Limited (NOURF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.27

5-year avg

2.99

10-year avg

1.98

Northern Minerals Limited (NOURF) Current Ratio vs. Peers

How is NOURF’s Current Ratio compared to its peers?

Northern Minerals Limited’s Current Ratio is greater than Core Lithium Ltd (10.94), greater than Jupiter Mines Limited (1.55), greater than Nova Minerals Limited (3.63), greater than Sandfire Resources America Inc. (0.01), less than Corazon Mining Ltd (19.48), greater than Barker Minerals Ltd. (0.00), greater than Power Metallic Mines Inc. (0.89), greater than West Red Lake Gold Mines Ltd. (1.05), greater than Osisko Metals Incorporated (1.22), less than American Rare Earths Limited (31.83),

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