RDN.AX
Price:
$0.005
Market Cap:
$17.25M
Raiden Resources Limited, together with its subsidiaries, engages in the mineral exploration business in the Republic of Serbia, the Republic of Bulgaria, and Australia. The company primarily explores for gold, copper, nickel, and PGE deposits. Its flagship project is the 100% owned Mt Sholl project comprising two exploration licences covering an area of approximately 9.6 square kilometers located in the Pilbara region, Western Australia. Raiden Resources Limited is based in Victoria Park, Australia.
Industry
Other Precious Metals
IPO Date
1988-01-28
Stock Exchange
ASX
Ticker
RDN.AX
According to Raiden Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 41.25. This represents a change of 64.82% compared to the average of 25.03 of the last 4 quarters.
The mean historical Current Ratio of Raiden Resources Limited over the last ten years is 12.79. The current 41.25 Current Ratio has changed 32.16% with respect to the historical average. Over the past ten years (40 quarters), RDN.AX's Current Ratio was at its highest in in the June 2018 quarter at 41.97. The Current Ratio was at its lowest in in the December 2005 quarter at 0.
Average
12.79
Median
2.13
Minimum
0.07
Maximum
41.97
Discovering the peaks and valleys of Raiden Resources 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 = 56.89%
Maximum Annual Current Ratio = 41.97
Minimum Annual Increase = -94.86%
Minimum Annual Current Ratio = 0.07
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 41.25 | 522.89% |
| 2024 | 6.62 | 282.46% |
| 2023 | 1.73 | 15.73% |
| 2022 | 1.50 | -40.92% |
| 2021 | 2.53 | 61.93% |
| 2020 | 1.56 | -94.86% |
| 2019 | 30.42 | -27.53% |
| 2018 | 41.97 | 56.89% |
| 2017 | 0.07 | -67.09% |
| 2016 | 0.22 | 10.46% |
The current Current Ratio of Raiden Resources Limited (RDN.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
16.54
5-year avg
10.73
10-year avg
12.79
Raiden Resources Limited’s Current Ratio is greater than Future Metals NL (5.94), greater than Odessa Minerals Limited (10.38), greater than Besra Gold Inc. (10.98), greater than Hammer Metals Limited (2.80), greater than Indiana Resources Limited (22.92), greater than Antilles Gold Limited (0.53), greater than Savannah Goldfields Limited (0.04), greater than WIN Metals Ltd (1.21), greater than Artemis Resources Limited (1.32), greater than Marvel Gold Limited (12.69),
| Company | Current Ratio | Market cap |
|---|---|---|
| 5.94 | $23.96M | |
| 10.38 | $20.45M | |
| 10.98 | $15.89M | |
| 2.80 | $23.21M | |
| 22.92 | $23.82M | |
| 0.53 | $27.97M | |
| 0.04 | $40.69M | |
| 1.21 | $21.65M | |
| 1.32 | $33.94M | |
| 12.69 | $24.13M |
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