POL.AX
Price:
$1.105
Market Cap:
$295.93M
Polymetals Resources Ltd engages in the exploration and development of gold projects in West Africa. The company holds 100% interests in the Alahiné licence covering an area of approximately 64.2 square kilometers; and the Mansala licence covering an area of approximately 48.2 square kilometers located in the Siguiri Basin. Polymetals Resources Ltd was incorporated in 2020 and is based in Sydney, Australia.
Industry
Gold
IPO Date
2021-06-29
Stock Exchange
ASX
Ticker
POL.AX
According to Polymetals Resources Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 0.35. This represents a change of -65.97% compared to the average of 1.02 of the last 4 quarters.
The mean historical Current Ratio of Polymetals Resources Ltd over the last ten years is 2.72. The current 0.35 Current Ratio has changed 1.17% with respect to the historical average. Over the past ten years (40 quarters), POL.AX's Current Ratio was at its highest in in the December 2021 quarter at 24.43. The Current Ratio was at its lowest in in the December 2020 quarter at 0.
Average
2.72
Median
0.92
Minimum
0
Maximum
9.23
Discovering the peaks and valleys of Polymetals Resources Ltd 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 = 0%
Maximum Annual Current Ratio = 9.23
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.35 | -82.22% |
| 2024 | 1.94 | 110.34% |
| 2023 | 0.92 | -85.93% |
| 2022 | 6.57 | -28.90% |
| 2021 | 9.23 | Infinity% |
| 2020 | 0 | 0% |
The current Current Ratio of Polymetals Resources Ltd (POL.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
1.07
5-year avg
3.80
10-year avg
2.72
Polymetals Resources Ltd’s Current Ratio is less than Brightstar Resources Limited (0.46), less than West Wits Mining Limited (2.45), less than Beacon Minerals Limited (1.88), less than Barton Gold Holdings Limited (6.08), less than Wildcat Resources Limited (14.01), less than GBM Resources Limited (0.89), less than Saturn Metals Limited (10.28), less than Unico Silver Limited (3.00), less than Astral Resources NL (4.85), less than Emmerson Resources Limited (3.25),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.46 | $264.89M | |
| 2.45 | $207.08M | |
| 1.88 | $272.74M | |
| 6.08 | $279.84M | |
| 14.01 | $375.88M | |
| 0.89 | $140.07M | |
| 10.28 | $230.33M | |
| 3.00 | $327.47M | |
| 4.85 | $314.83M | |
| 3.25 | $193.20M |
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