RRSSF
Price:
$0.06
Market Cap:
$22.74M
Neometals Ltd, an Australian enterprise established in 2001 and headquartered in West Perth, specializes in mineral exploration and resource development. The company’s operations are segmented into Lithium, Titanium/Vanadium, and other areas. Its key initiatives include a Lithium-ion Battery Recycling project, focused on extracting cobalt and other valuable components from depleted lithium batteries; a Vanadium Recovery venture that processes steel manufacturing by-products into vanadium pentoxide; a Lithium Refinery development; and the Barrambie Titanium and Vanadium project situated in Western Australia. The firm operated as Reed Resources Ltd until its rebranding to Neometals Ltd in Dece...[Read more]
Industry
Industrial Materials
IPO Date
2021-01-08
Stock Exchange
OTC
Ticker
RRSSF
According to Neometals Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 4.70. This represents a change of -58.75% compared to the average of 11.39 of the last 4 quarters.
The mean historical Current Ratio of Neometals Ltd over the last ten years is 20.56. The current 4.70 Current Ratio has changed 2.19% with respect to the historical average. Over the past ten years (40 quarters), RRSSF's Current Ratio was at its highest in in the June 2001 quarter at 215.89. The Current Ratio was at its lowest in in the December 2005 quarter at 0.
Average
20.56
Median
18.00
Minimum
7.79
Maximum
45.80
Discovering the peaks and valleys of Neometals 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 = 5.85%
Maximum Annual Current Ratio = 45.80
Minimum Annual Increase = -54.68%
Minimum Annual Current Ratio = 7.79
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 9.92 | -47.33% |
| 2024 | 18.83 | 141.81% |
| 2023 | 7.79 | -54.68% |
| 2022 | 17.18 | 16.80% |
| 2021 | 14.71 | -27.89% |
| 2020 | 20.40 | -40.31% |
| 2019 | 34.17 | 163.63% |
| 2018 | 12.96 | -45.67% |
| 2017 | 23.86 | -47.91% |
| 2016 | 45.80 | 5.85% |
The current Current Ratio of Neometals Ltd (RRSSF) 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
12.18
5-year avg
13.68
10-year avg
20.56
Neometals Ltd’s Current Ratio is greater than Rocky Mountain Industrials, Inc. (0.66), greater than Excelsior Mining Corp. (1.88), greater than TGS International Ltd. (0.56), less than Benchmark Metals Inc. (19.16), less than Leo Lithium Limited (55.91), greater than European Metals Holdings Limited (0.19), greater than Panoramic Resources Limited (0.42), less than Allied Copper Corp. (0), greater than Sierra Rutile Holdings Limited (3.20), less than Treasury Metals Inc. (10.13),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.66 | $40.65M | |
| 1.88 | $40.63M | |
| 0.56 | $45.07M | |
| 19.16 | $46.16M | |
| 55.91 | $48.19M | |
| 0.19 | $47.88M | |
| 0.42 | $29.70M | |
| 0 | $35.55M | |
| 3.20 | $30.25M | |
| 10.13 | $44.73M |
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