PNM.AX
Price:
$0.024
Market Cap:
$10.10M
Pacific Nickel Mines Limited explores for and develops nickel deposits in Solomon Islands. Its principal properties include the Jejevo and Kolosori nickel projects located on Santa Isabel Island. The company was formerly known as Malachite Resources Limited and changed its name to Pacific Nickel Mines Limited in November 2020. Pacific Nickel Mines Limited was incorporated in 1996 and is based in Sydney, Australia.
Industry
Gold
IPO Date
2002-11-24
Stock Exchange
ASX
Ticker
PNM.AX
According to Pacific Nickel Mines Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.03. This represents a change of -95.02% compared to the average of 0.53 of the last 4 quarters.
The mean historical Current Ratio of Pacific Nickel Mines Limited over the last ten years is 0.50. The current 0.03 Current Ratio has changed 430.22% with respect to the historical average. Over the past ten years (40 quarters), PNM.AX's Current Ratio was at its highest in in the June 2009 quarter at 5.48. The Current Ratio was at its lowest in in the June 2020 quarter at 0.01.
Average
0.50
Median
0.12
Minimum
0.01
Maximum
1.87
Discovering the peaks and valleys of Pacific Nickel Mines 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 = 13.22%
Maximum Annual Current Ratio = 1.87
Minimum Annual Increase = -93.26%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.10 | -93.26% |
| 2023 | 1.53 | 103.11% |
| 2022 | 0.75 | -59.59% |
| 2021 | 1.87 | 13.22% |
| 2020 | 0.01 | -86.48% |
| 2019 | 0.10 | 143.06% |
| 2018 | 0.04 | -70.55% |
| 2017 | 0.14 | 138.15% |
| 2016 | 0.06 | -83.14% |
| 2015 | 0.36 | 182.37% |
The current Current Ratio of Pacific Nickel Mines Limited (PNM.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
0.80
5-year avg
0.85
10-year avg
0.50
Pacific Nickel Mines Limited’s Current Ratio is less than Navarre Minerals Limited (0.31), less than Kingwest Resources Limited (4.01), less than Golden Rim Resources Ltd (1.19), less than New Talisman Gold Mines Limited (1.81), less than Todd River Resources Limited (5.59), less than Sipa Resources Limited (3.29), less than Hexagon Energy Materials Limited (2.46), less than Mako Gold Limited (3.94), less than Pan Asia Metals Limited (0.21), less than BBX Minerals Limited (0.64),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.31 | $10.76M | |
| 4.01 | $8.17M | |
| 1.19 | $8.06M | |
| 1.81 | $12.45M | |
| 5.59 | $10.41M | |
| 3.29 | $8.33M | |
| 2.46 | $10.77M | |
| 3.94 | $10.85M | |
| 0.21 | $9.91M | |
| 0.64 | $12.20M |
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What is the 5-year average Current Ratio for Pacific Nickel Mines Limited (PNM.AX)?
How does the current Current Ratio for Pacific Nickel Mines Limited (PNM.AX) compare to its historical average?