Noronex Limited

Noronex Limitedverified

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

The Current Ratio as of December 2025 (TTM) for Noronex Limited (NRX.AX) is 1.21

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.

Noronex Limited (NRX.AX) Historical Current Ratio (quarterly & annually)

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

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.

Quarterly (TTM)
Annual

Average

101.30

Median

6.90

Minimum

0.04

Maximum

929.88

Noronex Limited (NRX.AX) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.21-27.73%
20241.6831.60%
20231.27-73.54%
20224.82-58.64%
202111.6429.60%
20208.99-67.43%
201927.586.53%
201825.89-97.22%
2017929.882.25%

Noronex Limited (NRX.AX) Average Current Ratio

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

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 (NRX.AX) Current Ratio vs. Peers

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

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),

Build a custom stock screener for Noronex Limited (NRX.AX) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Noronex Limited using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Noronex Limited (NRX.AX) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Noronex Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Noronex Limited's Current Ratio?

How is the Current Ratio calculated for Noronex Limited (NRX.AX)?

What is the highest Current Ratio for Noronex Limited (NRX.AX)?

What is the 3-year average Current Ratio for Noronex Limited (NRX.AX)?

What is the 5-year average Current Ratio for Noronex Limited (NRX.AX)?

How does the current Current Ratio for Noronex Limited (NRX.AX) compare to its historical average?