SLM.AX
Price:
$0.046
Market Cap:
$4.63M
Solis Minerals Ltd. acquires, explores for, and develops mineral properties. The company primarily explores for copper and other metals, such as gold, silver, iron, and molybdenum deposits. Its flagship properties include the Ilo Norte and Ilo Este copper properties that covers an area of approximately 9,500 hectares located in Southern Peru. The company was formerly known as Westminster Resources Ltd. and changed its name to Solis Minerals Ltd. in July 2021. Solis Minerals Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.
Industry
Copper
IPO Date
2021-12-28
Stock Exchange
ASX
Ticker
SLM.AX
According to Solis Minerals Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.48. This represents a change of -57.60% compared to the average of 3.49 of the last 4 quarters.
The mean historical Current Ratio of Solis Minerals Ltd. over the last ten years is 2.37. The current 1.48 Current Ratio has changed 6.16% with respect to the historical average. Over the past ten years (40 quarters), SLM.AX's Current Ratio was at its highest in in the November 2017 quarter at 26.03. The Current Ratio was at its lowest in in the February 2016 quarter at 0.02.
Average
2.37
Median
1.00
Minimum
0.08
Maximum
9.53
Discovering the peaks and valleys of Solis 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 = 5.83%
Maximum Annual Current Ratio = 9.53
Minimum Annual Increase = -94.09%
Minimum Annual Current Ratio = 0.08
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.48 | -84.46% |
| 2024 | 9.53 | 2.48% |
| 2023 | 0.37 | -90.29% |
| 2022 | 3.81 | -22.77% |
| 2021 | 4.93 | 5.83% |
| 2020 | 0.08 | -47.14% |
| 2019 | 0.16 | -94.09% |
| 2018 | 2.66 | 421.79% |
| 2017 | 0.51 | 276.02% |
| 2016 | 0.14 | 77.72% |
The current Current Ratio of Solis Minerals Ltd. (SLM.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
3.79
5-year avg
4.02
10-year avg
2.37
Solis Minerals Ltd.’s Current Ratio is less than Recharge Metals Limited (8.67), greater than AuKing Mining Limited (0.12), less than Accelerate Resources Limited (6.30), less than eMetals Limited (40.63), less than Zinc of Ireland NL (2.08), less than Tennant Minerals Limited (4.64), less than Culpeo Minerals Limited (2.74), less than Alvo Minerals Limited (2.82), less than Marquee Resources Limited (1.58), greater than Pursuit Minerals Limited (1.18),
| Company | Current Ratio | Market cap |
|---|---|---|
| 8.67 | $4.11M | |
| 0.12 | $3.60M | |
| 6.30 | $5.82M | |
| 40.63 | $4.25M | |
| 2.08 | $5.82M | |
| 4.64 | $5.32M | |
| 2.74 | $7.81M | |
| 2.82 | $9.39M | |
| 1.58 | $5.28M | |
| 1.18 | $7.89M |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Solis Minerals Ltd. (SLM.AX)?
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