Norwest Minerals Limited

Norwest Minerals Limitedverified

NWM.AX

Price:

$0.011

Market Cap:

$11.33M

Norwest Minerals Limited engages in the mineral exploration business in Australia. The company explores for gold, copper, nickel, rare earth elements, and lithium deposits. It holds a 100% interest in the Bulgera gold project covering an area of 39 square kilometers located in the Plutonic Well Greenstone Belt of Western Australia; the Marriott project consisting of a single mining lease that covers an area of approximately 400 meters square situated in southeast of Leinster; and the Bali copper project covering an area of 41 square kilometers with four prospects identified along the 8-kilometre northwest trending Bali shear zone located to the west of Paraburdoo in Western Australia. The co...[Read more]

Industry

Gold

IPO Date

2018-11-28

Stock Exchange

ASX

Ticker

NWM.AX

The Current Ratio as of December 2025 (TTM) for Norwest Minerals Limited (NWM.AX) is 4.51

According to Norwest Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 4.51. This represents a change of 194.29% compared to the average of 1.53 of the last 4 quarters.

Norwest Minerals Limited (NWM.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Norwest Minerals Limited over the last ten years is 4.16. The current 4.51 Current Ratio has changed 10.74% with respect to the historical average. Over the past ten years (40 quarters), NWM.AX's Current Ratio was at its highest in in the December 2018 quarter at 11.27. The Current Ratio was at its lowest in in the December 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

4.16

Median

3.65

Minimum

0.33

Maximum

9.99

Norwest Minerals Limited (NWM.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Norwest 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 = 1.27%

Maximum Annual Current Ratio = 9.99

Minimum Annual Increase = -79.98%

Minimum Annual Current Ratio = 0.33

Quarterly (TTM)
Annual
YearCurrent RatioChange
20254.511.27%
20240.33-79.98%
20231.64-52.29%
20223.44119.32%
20211.57-59.32%
20203.86-51.21%
20197.91-20.83%

Norwest Minerals Limited (NWM.AX) Average Current Ratio

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

The current Current Ratio of Norwest Minerals Limited (NWM.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.16

5-year avg

2.30

10-year avg

4.16

Norwest Minerals Limited (NWM.AX) Current Ratio vs. Peers

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

Norwest Minerals Limited’s Current Ratio is greater than Nagambie Resources Limited (0.02), greater than Gladiator Resources Limited (4.47), greater than Lodestar Minerals Limited (0.16), greater than North Stawell Minerals Limited (4.45), less than Bulletin Resources Limited (72.99), greater than Riversgold Limited (1.12), greater than Terrain Minerals Limited (2.12), less than Hamelin Gold Limited (10.87), less than Krakatoa Resources Limited (6.05), greater than Resources & Energy Group Limited (0.75),

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