Reach Resources Limited

Reach Resources Limitedverified

RR1.AX

Price:

$0.01

Market Cap:

$8.74M

Reach Resources Limited engages in the exploration and evaluation of mineral resource projects in Australia. The company primarily explores for gold, as well as for nickel, cobalt, copper, and base metals. It holds interests in the Primrose gold project located in the northeast of Perth. The company was formerly known as Cervantes Corporation Limited. Reach Resources Limited was incorporated in 2001 and is headquartered in Perth, Australia.

Industry

Gold

IPO Date

2002-11-05

Stock Exchange

ASX

Ticker

RR1.AX

The Current Ratio as of December 2025 (TTM) for Reach Resources Limited (RR1.AX) is 13.38

According to Reach Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 13.38. This represents a change of -14.44% compared to the average of 15.64 of the last 4 quarters.

Reach Resources Limited (RR1.AX) Historical Current Ratio (quarterly & annually)

How has RR1.AX Current Ratio performed in the past?

The mean historical Current Ratio of Reach Resources Limited over the last ten years is 4.10. The current 13.38 Current Ratio has changed 32.50% with respect to the historical average. Over the past ten years (40 quarters), RR1.AX's Current Ratio was at its highest in in the June 2007 quarter at 122.12. The Current Ratio was at its lowest in in the December 2016 quarter at 0.04.

Quarterly (TTM)
Annual

Average

4.10

Median

1.21

Minimum

0.06

Maximum

17.93

Reach Resources Limited (RR1.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Reach 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 = 1.13%

Maximum Annual Current Ratio = 17.93

Minimum Annual Increase = -84.65%

Minimum Annual Current Ratio = 0.06

Quarterly (TTM)
Annual
YearCurrent RatioChange
202513.38-25.39%
202417.93585.15%
20232.6226.11%
20222.08-50.66%
20214.211.13%
20200.34265.01%
20190.09-63.11%
20180.25215.43%
20170.0831.91%
20160.06-84.65%

Reach Resources Limited (RR1.AX) Average Current Ratio

How has RR1.AX Current Ratio performed in the past?

The current Current Ratio of Reach Resources Limited (RR1.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

11.31

5-year avg

8.04

10-year avg

4.10

Reach Resources Limited (RR1.AX) Current Ratio vs. Peers

How is RR1.AX’s Current Ratio compared to its peers?

Reach Resources Limited’s Current Ratio is greater than Gold Mountain Limited (4.54), greater than Metal Bank Limited (2.57), less than Middle Island Resources Limited (14.09), greater than Anax Metals Limited (0.79), greater than Krakatoa Resources Limited (6.05), greater than Nex Metals Explorations Limited (0.07), greater than Flynn Gold Limited (1.86), greater than Cosmo Metals Limited (1.62), greater than Castle Minerals Limited (2.11), greater than Australia United Mining Limited (0.13),

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