SUM.AX
Price:
$0.041
Market Cap:
$4.00M
Summit Minerals Limited engages in the acquisition, exploration, and development of battery mineral projects in Australia. The company primarily explores for uranium, gold, antimony, and pegmatite lithium deposits. It holds 100% interests in the Stallion Rare Earth Element (REE) uranium project comprising one exploration tenement that covers an area of 18 square kilometers located in south-eastern Western Australia; the Windfall Antimony project, which includes one exploration tenement that covers an area of 234 square kilometers situated in north-east New South Wales; and the Phillips River Lithium project consisting of two granted exploration tenements covering an area of 42.6 square kilom...[Read more]
Industry
Industrial Materials
IPO Date
2022-08-05
Stock Exchange
ASX
Ticker
SUM.AX
According to Summit Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 10.89. This represents a change of -23.66% compared to the average of 14.26 of the last 4 quarters.
The mean historical Current Ratio of Summit Minerals Limited over the last ten years is 10.88. The current 10.89 Current Ratio has changed 9.91% with respect to the historical average. Over the past ten years (40 quarters), SUM.AX's Current Ratio was at its highest in in the December 2022 quarter at 53.32. The Current Ratio was at its lowest in in the December 2021 quarter at 0.
Average
10.88
Median
9.38
Minimum
0.82
Maximum
23.95
Discovering the peaks and valleys of Summit Minerals 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 = 856.82%
Maximum Annual Current Ratio = 23.95
Minimum Annual Increase = -54.53%
Minimum Annual Current Ratio = 0.82
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 10.89 | -54.53% |
| 2024 | 23.95 | 204.69% |
| 2023 | 7.86 | 856.82% |
The current Current Ratio of Summit Minerals Limited (SUM.AX) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
14.23
5-year avg
10.88
10-year avg
10.88
Summit Minerals Limited’s Current Ratio is greater than C29 Metals Limited (9.56), greater than Bryah Resources Limited (2.08), greater than Lord Resources Limited (3.13), greater than BOA Resources Limited (10.02), greater than ActivEX Limited (0.24), greater than Tasman Resources Ltd (0.48), greater than South Harz Potash Limited (0.30), greater than Corella Resources Ltd (1.18), greater than Corazon Mining Ltd (4.73), greater than Stelar Metals Limited (10.76),
| Company | Current Ratio | Market cap |
|---|---|---|
| 9.56 | $4.35M | |
| 2.08 | $4.11M | |
| 3.13 | $3.19M | |
| 10.02 | $3.19M | |
| 0.24 | $3.00M | |
| 0.48 | $5.58M | |
| 0.30 | $3.69M | |
| 1.18 | $4.13M | |
| 4.73 | $3.87M | |
| 10.76 | $4.45M |
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