T88.AX
Price:
$0.08
Market Cap:
$7.70M
Taiton Resources Limited operates as a mineral exploration and development company in Australia. It focusses on gold and other commodities. The company entered into an agreement to acquire 100% interest in the Lake Barlee project that consist of four tenements; the Highway project that consists of 2 exploration license applications covering an area of 1,132 square kilometers; and the Challenger West Project located in South AustraliaThe company was formerly known as Syngas Limited and changed its name to Taiton Resources Limited in February 2021. The company was incorporated in 1993 and is based in Melbourne, Australia.
Industry
Other Precious Metals
IPO Date
2022-12-18
Stock Exchange
ASX
Ticker
T88.AX
According to Taiton Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.56. This represents a change of -88.38% compared to the average of 4.78 of the last 4 quarters.
The mean historical Current Ratio of Taiton Resources Limited over the last ten years is 2.88. The current 0.56 Current Ratio has changed 1.83% with respect to the historical average. Over the past ten years (40 quarters), T88.AX's Current Ratio was at its highest in in the December 2023 quarter at 11.28. The Current Ratio was at its lowest in in the December 2021 quarter at 0.
Average
2.88
Median
0.10
Minimum
0.01
Maximum
22.00
Discovering the peaks and valleys of Taiton Resources 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 = 9.53%
Maximum Annual Current Ratio = 22.00
Minimum Annual Increase = -90.17%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.56 | -90.17% |
| 2024 | 5.65 | -74.31% |
| 2023 | 22.00 | 9.53% |
| 2022 | 0.23 | 55.55% |
| 2021 | 0.15 | 226.10% |
| 2020 | 0.05 | 91.20% |
| 2019 | 0.02 | 350.96% |
| 2018 | 0.01 | -87.23% |
| 2017 | 0.04 | -34.00% |
| 2016 | 0.06 | -53.12% |
The current Current Ratio of Taiton Resources Limited (T88.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
9.40
5-year avg
5.72
10-year avg
2.88
Taiton Resources Limited’s Current Ratio is less than Prospech Limited (1.01), less than Bindi Metals Limited (44.02), less than Kingfisher Mining Limited (20.54), less than Godolphin Resources Limited (11.07), less than Taruga Minerals Limited (6.16), less than Cosmos Exploration Limited (6.39), less than Alvo Minerals Limited (2.82), less than Ronin Resources Ltd (34.05), greater than Askari Metals Limited (0.12), less than Ragusa Minerals Limited (0.73),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.01 | $5.68M | |
| 44.02 | $5.53M | |
| 20.54 | $5.68M | |
| 11.07 | $6.34M | |
| 6.16 | $7.49M | |
| 6.39 | $8.57M | |
| 2.82 | $9.39M | |
| 34.05 | $5.25M | |
| 0.12 | $5.00M | |
| 0.73 | $5.35M |
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