TAM.AX
Price:
$0.068
Market Cap:
$79.91M
Tanami Gold NL, together with its subsidiaries, engages in the exploration and evaluation of gold properties in Australia. Its flagship project is the Central Tanami project covering an area of 2,211 square kilometers located in the Tanami Region of the Northern Territory. The company was incorporated in 1968 and is based in South Perth, Australia.
Industry
Gold
IPO Date
1988-01-31
Stock Exchange
ASX
Ticker
TAM.AX
According to Tanami Gold NL’s latest financial reports and current stock price. The company's current Current Ratio is 19.04. This represents a change of -71.62% compared to the average of 67.12 of the last 4 quarters.
The mean historical Current Ratio of Tanami Gold NL over the last ten years is 132.22. The current 19.04 Current Ratio has changed 1.34% with respect to the historical average. Over the past ten years (40 quarters), TAM.AX's Current Ratio was at its highest in in the December 2018 quarter at 733.29. The Current Ratio was at its lowest in in the December 2005 quarter at 0.
Average
132.22
Median
50.71
Minimum
4.15
Maximum
439.98
Discovering the peaks and valleys of Tanami Gold NL 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 = 3.47%
Maximum Annual Current Ratio = 439.98
Minimum Annual Increase = -62.82%
Minimum Annual Current Ratio = 4.15
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 19.04 | -36.70% |
| 2024 | 30.08 | -31.64% |
| 2023 | 44.01 | -47.38% |
| 2022 | 83.64 | -62.82% |
| 2021 | 224.96 | -48.87% |
| 2020 | 439.98 | 12.98% |
| 2019 | 389.44 | 578.28% |
| 2018 | 57.42 | 94.54% |
| 2017 | 29.51 | 611.81% |
| 2016 | 4.15 | 3.47% |
The current Current Ratio of Tanami Gold NL (TAM.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
31.05
5-year avg
80.35
10-year avg
132.22
Tanami Gold NL’s Current Ratio is greater than Matsa Resources Limited (0.86), greater than IRIS Metals Limited (15.50), greater than Vertex Minerals Limited (0.22), greater than Tungsten Mining NL (0.56), greater than Yandal Resources Limited (7.20), greater than Sky Metals Limited (12.24), greater than Ionic Rare Earths Limited (0.52), greater than Aurumin Limited (0.59), greater than First Graphene Limited (1.11), greater than CuFe Ltd (1.46),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.86 | $92.17M | |
| 15.50 | $55.78M | |
| 0.22 | $62.84M | |
| 0.56 | $197.40M | |
| 7.20 | $80.96M | |
| 12.24 | $61.85M | |
| 0.52 | $87.74M | |
| 0.59 | $53.54M | |
| 1.11 | $61.84M | |
| 1.46 | $53.13M |
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