OCT.AX
Price:
$0.049
Market Cap:
$3.74M
Octava Minerals Limited engages in the exploration of various mineral properties in the Western Australia. The company focuses on exploring gold, lithium, nickel, and platinum group elements. It's project portfolio include the East Pilbara Talga project that comprises eight granted exploration licenses covering an area of 211 square kilometers located in the northeast of marble bar in the Pilbara region of Western Australia; and the East Kimberly Project comprises two tenements, the Panton North project and the Copernicus North project located in the Halls Creek Orogen. In addition, the company holds interest the Yallalong project consisting of one granted exploration licence covering an are...[Read more]
Industry
Other Precious Metals
IPO Date
2022-09-16
Stock Exchange
ASX
Ticker
OCT.AX
According to Octava Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 15.43. This represents a change of -13.64% compared to the average of 17.87 of the last 4 quarters.
The mean historical Current Ratio of Octava Minerals Limited over the last ten years is 14.16. The current 15.43 Current Ratio has changed 10.80% with respect to the historical average. Over the past ten years (40 quarters), OCT.AX's Current Ratio was at its highest in in the June 2023 quarter at 31.64. The Current Ratio was at its lowest in in the June 2021 quarter at 0.14.
Average
14.16
Median
15.43
Minimum
0.14
Maximum
31.64
Discovering the peaks and valleys of Octava 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 = 15.34%
Maximum Annual Current Ratio = 31.64
Minimum Annual Increase = -33.95%
Minimum Annual Current Ratio = 0.14
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 15.43 | -33.95% |
| 2024 | 23.37 | -26.15% |
| 2023 | 31.64 | 15.34% |
| 2022 | 0.20 | 41.57% |
The current Current Ratio of Octava Minerals Limited (OCT.AX) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
23.48
5-year avg
14.16
10-year avg
14.16
Octava Minerals Limited’s Current Ratio is less than Rincon Resources Limited (56.91), greater than M3 Mining Limited (5.25), greater than SQX Resources Limited (14.69), greater than E79 Gold Mines Limited (7.62), greater than Dundas Minerals Limited (7.83), greater than Canterbury Resources Limited (1.12), greater than Golden State Mining Limited (1.90), greater than TechGen Metals Ltd (3.71), greater than Panther Metals Ltd (9.51), greater than Summit Minerals Limited (10.89),
| Company | Current Ratio | Market cap |
|---|---|---|
| 56.91 | $4.00M | |
| 5.25 | $2.51M | |
| 14.69 | $4.37M | |
| 7.62 | $4.06M | |
| 7.83 | $4.50M | |
| 1.12 | $4.13M | |
| 1.90 | $4.90M | |
| 3.71 | $5.07M | |
| 9.51 | $2.76M | |
| 10.89 | $4.00M |
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