New World Resources Limited

New World Resources Limitedverified

NWC.AX

Price:

$0.067

Market Cap:

$243.44M

New World Resources Limited engages in the exploration and development of mineral properties in North America. The company explores for gold, copper, and zinc deposits. It holds interests in the Tererro copper-gold-zinc VMS project located in New Mexico, and the Antler copper project situated in Arizona. The company was formerly known as New World Cobalt Limited and changed its name to New World Resources Limited in December 2019. The company was incorporated in 2004 and is based in Subiaco, Australia.

Industry

Industrial Materials

IPO Date

2005-09-21

Stock Exchange

ASX

Ticker

NWC.AX

The Current Ratio as of November 2025 (TTM) for New World Resources Limited (NWC.AX) is 4.23

According to New World Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 4.23. This represents a change of 8.09% compared to the average of 3.91 of the last 4 quarters.

New World Resources Limited (NWC.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of New World Resources Limited over the last ten years is 7.97. The current 4.23 Current Ratio has changed 5.20% with respect to the historical average. Over the past ten years (40 quarters), NWC.AX's Current Ratio was at its highest in in the June 2005 quarter at 81.98. The Current Ratio was at its lowest in in the January 2006 quarter at 0.

Quarterly (TTM)
Annual

Average

7.97

Median

4.64

Minimum

0.80

Maximum

33.47

New World Resources Limited (NWC.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of New World Resources 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 = 1.54%

Maximum Annual Current Ratio = 33.47

Minimum Annual Increase = -94.09%

Minimum Annual Current Ratio = 0.80

Quarterly (TTM)
Annual
YearCurrent RatioChange
20245.81180.64%
20232.074.73%
20221.98-94.09%
202133.47914.15%
20203.30-61.12%
20198.4917.06%
20187.25-44.63%
201713.101.54%
20160.80-76.98%
20153.4624.34%

New World Resources Limited (NWC.AX) Average Current Ratio

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

The current Current Ratio of New World Resources Limited (NWC.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

3.29

5-year avg

9.33

10-year avg

7.97

New World Resources Limited (NWC.AX) Current Ratio vs. Peers

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

New World Resources Limited’s Current Ratio is greater than Mayur Resources Ltd (0.27), greater than Red Hawk Mining Limited (2.55), greater than Salt Lake Potash Limited (2.30), greater than Base Resources Limited (2.35), less than Peak Rare Earths Limited (11.80), less than Firefinch Limited (11.47), less than Gascoyne Resources Limited (6.41), greater than Piedmont Lithium Inc. (1.81), greater than OreCorp Limited (4.18), greater than New Century Resources Limited (1.00),

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