QML.AX
Price:
$0.051
Market Cap:
$31.94M
QMines Limited engages in the development and exploration of copper and gold projects in Australia. The company's flagship project is the Mount Chalmers copper and gold mine covering an area of approximately 316 square kilometers located to the northeast of Rockhampton. It also holds interest in the Silverwood project, which consists of 78 subblocks covering approximately 234 square kilometers located to south of Warwick in Queensland; the Warroo project comprising 72 sub-blocks, which covers an area of approximately 216 square kilometers located to west of Stanthorpe in Queensland; and the Herries Range project that consists of 110 sub-blocks covering an area of approximately 330 square kil...[Read more]
Industry
Other Precious Metals
IPO Date
2021-05-06
Stock Exchange
ASX
Ticker
QML.AX
According to QMines Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.55. This represents a change of 83.78% compared to the average of 0.84 of the last 4 quarters.
The mean historical Current Ratio of QMines Limited over the last ten years is 5.49. The current 1.55 Current Ratio has changed 2.72% with respect to the historical average. Over the past ten years (40 quarters), QML.AX's Current Ratio was at its highest in in the June 2021 quarter at 27.61. The Current Ratio was at its lowest in in the December 2017 quarter at 0.
Average
5.49
Median
2.30
Minimum
0
Maximum
27.61
Discovering the peaks and valleys of QMines 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 = 0%
Maximum Annual Current Ratio = 27.61
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.55 | 571.55% |
| 2024 | 0.23 | -96.25% |
| 2023 | 6.14 | 100.95% |
| 2022 | 3.06 | -88.94% |
| 2021 | 27.61 | Infinity% |
| 2020 | 0 | 0% |
| 2019 | 0 | -100.00% |
The current Current Ratio of QMines Limited (QML.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
2.64
5-year avg
7.72
10-year avg
5.49
QMines Limited’s Current Ratio is less than Indiana Resources Limited (22.92), less than Great Southern Mining Limited (6.05), less than Ballymore Resources Limited (2.59), less than DeSoto Resources Limited (7.57), less than Hammer Metals Limited (2.80), less than Magmatic Resources Limited (6.33), less than Lode Resources Ltd (2.63), less than Future Metals NL (5.94), less than Future Battery Minerals Limited (11.50), greater than Alara Resources Limited (0.33),
| Company | Current Ratio | Market cap |
|---|---|---|
| 22.92 | $23.82M | |
| 6.05 | $27.91M | |
| 2.59 | $51.71M | |
| 7.57 | $40.41M | |
| 2.80 | $21.43M | |
| 6.33 | $27.90M | |
| 2.63 | $32.36M | |
| 5.94 | $23.96M | |
| 11.50 | $43.85M | |
| 0.33 | $28.91M |
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