SLA.AX
Price:
$0.18
Market Cap:
$10.66M
Solara Minerals Ltd operates as a mineral exploration company in Australia. It primarily explores for gold, nickel, copper, cobalt, Niobium, Lithium, iron oxide, and platinum group elements. Solara Minerals Ltd was formerly known as Lycaon Resources Limited and changed its name to Solara Minerals Ltd in March 2025. Solara Minerals Ltd was incorporated in 2021 and is based in Perth, Australia.
Industry
Other Precious Metals
IPO Date
2021-11-16
Stock Exchange
ASX
Ticker
SLA.AX
According to Solara Minerals Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 20.95. This represents a change of -21.76% compared to the average of 26.78 of the last 4 quarters.
The mean historical Current Ratio of Solara Minerals Ltd over the last ten years is 68.29. The current 20.95 Current Ratio has changed 2.97% with respect to the historical average. Over the past ten years (40 quarters), SLA.AX's Current Ratio was at its highest in in the June 2022 quarter at 329.04. The Current Ratio was at its lowest in in the June 2021 quarter at 1.87.
Average
68.29
Median
14.58
Minimum
1.08
Maximum
329.04
Discovering the peaks and valleys of Solara Minerals 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 = 17.52%
Maximum Annual Current Ratio = 329.04
Minimum Annual Increase = -97.51%
Minimum Annual Current Ratio = 1.08
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 20.95 | -56.87% |
| 2024 | 48.58 | 492.27% |
| 2023 | 8.20 | -97.51% |
| 2022 | 329.04 | 17.52% |
| 2021 | 1.87 | 73.14% |
The current Current Ratio of Solara Minerals Ltd (SLA.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
25.91
5-year avg
81.73
10-year avg
68.29
Solara Minerals Ltd’s Current Ratio is greater than Norfolk Metals Limited (6.39), less than BPM Minerals Limited (23.39), greater than Orange Minerals NL (3.78), greater than Gibb River Diamonds Limited (2.88), greater than Reward Minerals Ltd (0.24), greater than Rubix Resources Limited (5.83), greater than Scorpion Minerals Limited (0.73), greater than Empire Resources Limited (0.51), greater than Magontec Limited (5.59), less than Great Northern Minerals Limited (24.11),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.39 | $9.20M | |
| 23.39 | $15.28M | |
| 3.78 | $14.48M | |
| 2.88 | $12.44M | |
| 0.24 | $10.97M | |
| 5.83 | $6.76M | |
| 0.73 | $13.20M | |
| 0.51 | $13.36M | |
| 5.59 | $11.96M | |
| 24.11 | $7.59M |
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