Summit Minerals Limited

Summit Minerals Limitedverified

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

The Current Ratio as of December 2025 (TTM) for Summit Minerals Limited (SUM.AX) is 10.89

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.

Summit Minerals Limited (SUM.AX) Historical Current Ratio (quarterly & annually)

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

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.

Quarterly (TTM)
Annual

Average

10.88

Median

9.38

Minimum

0.82

Maximum

23.95

Summit Minerals Limited (SUM.AX) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
202510.89-54.53%
202423.95204.69%
20237.86856.82%

Summit Minerals Limited (SUM.AX) Average Current Ratio

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

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 (SUM.AX) Current Ratio vs. Peers

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

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),

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