PXX.AX
Price:
$0.019
Market Cap:
$51.62M
PolarX Limited engages in the exploration and development of mineral properties in the United States. The company primarily explores for copper, silver, and gold deposits. Its projects portfolio includes the Alaska Range project, which comprise Stellar and Caribou Dome projects covering an area of approximately 262 square kilometers located in Alaska; and the Humboldt Range gold-silver projects that consists of 333 lode mining claims located in Nevada. PolarX Limited is based in Subiaco, Australia.
Industry
Industrial Materials
IPO Date
2013-01-14
Stock Exchange
ASX
Ticker
PXX.AX
According to PolarX Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.04. This represents a change of -82.03% compared to the average of 5.79 of the last 4 quarters.
The mean historical Current Ratio of PolarX Limited over the last ten years is 9.85. The current 1.04 Current Ratio has changed 956.52% with respect to the historical average. Over the past ten years (40 quarters), PXX.AX's Current Ratio was at its highest in in the June 2020 quarter at 30.43. The Current Ratio was at its lowest in in the June 2017 quarter at 0.39.
Average
9.85
Median
8.19
Minimum
0.39
Maximum
30.43
Discovering the peaks and valleys of PolarX 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 = 2.00%
Maximum Annual Current Ratio = 30.43
Minimum Annual Increase = -83.91%
Minimum Annual Current Ratio = 0.39
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.04 | -43.89% |
| 2024 | 1.86 | -77.44% |
| 2023 | 8.22 | -1.70% |
| 2022 | 8.37 | -61.78% |
| 2021 | 21.89 | -28.06% |
| 2020 | 30.43 | 92.76% |
| 2019 | 15.79 | 93.60% |
| 2018 | 8.15 | 2.00% |
| 2017 | 0.39 | -83.91% |
| 2016 | 2.42 | -2.36% |
The current Current Ratio of PolarX Limited (PXX.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
3.71
5-year avg
8.28
10-year avg
9.85
PolarX Limited’s Current Ratio is less than RTG Mining Inc. (6.20), less than Toro Energy Limited (9.73), less than Winsome Resources Limited (3.21), less than DevEx Resources Limited (5.50), less than Sheffield Resources Limited (29.31), less than Podium Minerals Limited (2.80), greater than Blackstone Minerals Limited (0.30), greater than PhosCo Ltd (0.36), less than Cyclone Metals Limited (7.17), less than Green Critical Minerals Limited (10.32),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.20 | $59.26M | |
| 9.73 | $56.53M | |
| 3.21 | $78.07M | |
| 5.50 | $88.34M | |
| 29.31 | $30.46M | |
| 2.80 | $48.53M | |
| 0.30 | $69.28M | |
| 0.36 | $46.17M | |
| 7.17 | $66.36M | |
| 10.32 | $46.06M |
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