NTM.AX
Price:
$0.002
Market Cap:
$2.42M
NT Minerals Limited engages in the exploration, evaluation, and development of mineral properties in Australia. The company primarily explores for copper deposits. It focuses on the Redbank project in the northeast of the Northern Territory; and the Millers Creek Project in the Gawler Craton of South Australia. The company was formerly known as Redbank Copper Limited and changed its name to NT Minerals Limited in June 2022. NT Minerals Limited was incorporated in 1993 and is based in Jolimont, Australia.
Industry
Copper
IPO Date
1993-12-30
Stock Exchange
ASX
Ticker
NTM.AX
According to NT Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.11. This represents a change of 156.45% compared to the average of 0.43 of the last 4 quarters.
The mean historical Current Ratio of NT Minerals Limited over the last ten years is 0.97. The current 1.11 Current Ratio has changed 11.44% with respect to the historical average. Over the past ten years (40 quarters), NTM.AX's Current Ratio was at its highest in in the June 2022 quarter at 3.50. The Current Ratio was at its lowest in in the December 2005 quarter at 0.
Average
0.97
Median
0.23
Minimum
0.01
Maximum
3.50
Discovering the peaks and valleys of NT 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 = 2.24%
Maximum Annual Current Ratio = 3.50
Minimum Annual Increase = -93.01%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.11 | 1.18% |
| 2024 | 0.09 | -93.01% |
| 2023 | 1.25 | -64.34% |
| 2022 | 3.50 | 14.04% |
| 2021 | 3.07 | 2.24% |
| 2020 | 0.13 | 1.50% |
| 2019 | 0.01 | -79.05% |
| 2018 | 0.04 | -68.77% |
| 2017 | 0.13 | -62.75% |
| 2016 | 0.34 | -18.23% |
The current Current Ratio of NT Minerals Limited (NTM.AX) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
0.82
5-year avg
1.80
10-year avg
0.97
NT Minerals Limited’s Current Ratio is greater than Sultan Resources Limited (0.33), greater than Bastion Minerals Limited (0.26), less than Premier1 Lithium Limited (3.19), greater than Conico Ltd (0.34), less than Westar Resources Limited (12.27), greater than Riedel Resources Limited (0.51), less than Accent Resources NL (14.24), less than ENRG Elements Limited (17.44), greater than Clara Resources Australia Ltd (0.18), less than Avira Resources Limited (3.41),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.33 | $2.61M | |
| 0.26 | $2.57M | |
| 3.19 | $2.19M | |
| 0.34 | $1.85M | |
| 12.27 | $2.41M | |
| 0.51 | $2.31M | |
| 14.24 | $2.94M | |
| 17.44 | $2.04M | |
| 0.18 | $1.58M | |
| 3.41 | $2.53M |
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