NRX.AX
Price:
$0.014
Market Cap:
$8.74M
Noronex Limited operates as a mineral exploration company. The company primarily explores for base and precious metals, as well as copper deposits. It focuses on Witvlei project comprising two prospecting licences covering an area of approximately 390 square kilometers located in Kalahari Copper Belt, Namibia. The company was formerly known as Lustrum Minerals Limited and changed its name to Noronex Limited in November 2020. Noronex Limited was incorporated in 2015 and is based in Subiaco, Australia.
Industry
Copper
IPO Date
2017-11-14
Stock Exchange
ASX
Ticker
NRX.AX
According to Noronex Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.21. This represents a change of -24.23% compared to the average of 1.60 of the last 4 quarters.
The mean historical Current Ratio of Noronex Limited over the last ten years is 101.30. The current 1.21 Current Ratio has changed 19.64% with respect to the historical average. Over the past ten years (40 quarters), NRX.AX's Current Ratio was at its highest in in the December 2017 quarter at 110.69. The Current Ratio was at its lowest in in the December 2015 quarter at 0.
Average
101.30
Median
6.90
Minimum
0.04
Maximum
929.88
Discovering the peaks and valleys of Noronex 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 = 2.25%
Maximum Annual Current Ratio = 929.88
Minimum Annual Increase = -97.22%
Minimum Annual Current Ratio = 0.04
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.21 | -27.73% |
| 2024 | 1.68 | 31.60% |
| 2023 | 1.27 | -73.54% |
| 2022 | 4.82 | -58.64% |
| 2021 | 11.64 | 29.60% |
| 2020 | 8.99 | -67.43% |
| 2019 | 27.58 | 6.53% |
| 2018 | 25.89 | -97.22% |
| 2017 | 929.88 | 2.25% |
The current Current Ratio of Noronex Limited (NRX.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
1.39
5-year avg
4.12
10-year avg
101.30
Noronex Limited’s Current Ratio is less than Krakatoa Resources Limited (6.05), less than Great Western Exploration Limited (7.90), less than Albion Resources Limited (11.29), less than Flynn Gold Limited (1.86), less than Perpetual Resources Limited (6.93), less than Tempest Minerals Limited (4.91), less than Apollo Minerals Limited (1.56), less than Infinity Lithium Corporation Limited (1.82), less than Culpeo Minerals Limited (2.74), less than Star Minerals Limited (4.21),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.05 | $7.72M | |
| 7.90 | $8.52M | |
| 11.29 | $7.82M | |
| 1.86 | $8.07M | |
| 6.93 | $8.59M | |
| 4.91 | $5.51M | |
| 1.56 | $7.43M | |
| 1.82 | $8.63M | |
| 2.74 | $7.81M | |
| 4.21 | $8.14M |
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