TASEF
Price:
$0.0467
Market Cap:
$15.23M
Tasman Resources Ltd is an Australian enterprise focused on the discovery of mineral deposits. The company's exploration efforts target a range of valuable metals, including precious metals like gold, base metals such as copper, cobalt, and nickel, along with uranium and iron-oxide. Furthermore, Tasman Resources Ltd possesses a stake in the Lake Torrens project, situated in South Australia. The company was established in 1987 and operates from its headquarters in Perth, Australia.
Industry
Industrial Materials
IPO Date
2012-09-25
Stock Exchange
OTC
Ticker
TASEF
According to Tasman Resources Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 6.77. This represents a change of 232.80% compared to the average of 2.03 of the last 4 quarters.
The mean historical Current Ratio of Tasman Resources Ltd over the last ten years is 3.02. The current 6.77 Current Ratio has changed 22.34% with respect to the historical average. Over the past ten years (40 quarters), TASEF's Current Ratio was at its highest in in the December 2016 quarter at 17.10. The Current Ratio was at its lowest in in the December 2006 quarter at 0.
Average
3.02
Median
1.41
Minimum
0.37
Maximum
13.08
Discovering the peaks and valleys of Tasman Resources 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 = 731.97%
Maximum Annual Current Ratio = 13.08
Minimum Annual Increase = -69.30%
Minimum Annual Current Ratio = 0.37
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.48 | 30.29% |
| 2024 | 0.37 | -44.02% |
| 2023 | 0.66 | -28.51% |
| 2022 | 0.92 | -36.49% |
| 2021 | 1.46 | 6.85% |
| 2020 | 1.36 | -59.50% |
| 2019 | 3.36 | -24.52% |
| 2018 | 4.46 | 10.96% |
| 2017 | 4.02 | -69.30% |
| 2016 | 13.08 | 731.97% |
The current Current Ratio of Tasman Resources Ltd (TASEF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.50
5-year avg
0.78
10-year avg
3.02
Tasman Resources Ltd’s Current Ratio is greater than Orford Mining Corporation (3.99), greater than White Rock Minerals Ltd (1.20), less than Aston Minerals Limited (26.87), greater than Giga Metals Corporation (2.28), less than American Future Fuel Corporation (16.09), greater than Nevada Zinc Corporation (0.19), greater than Power Minerals Limited (2.45), greater than European Electric Metals Inc. (2.57), greater than Meryllion Resources Corp. (0.20), greater than Carlton Precious Inc. (6.58),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.99 | $17.34M | |
| 1.20 | $15.79M | |
| 26.87 | $15.27M | |
| 2.28 | $19.26M | |
| 16.09 | $19.59M | |
| 0.19 | $14.59M | |
| 2.45 | $13.95M | |
| 2.57 | $18.11M | |
| 0.20 | $159.72M | |
| 6.58 | $14.98M |
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How does the current Current Ratio for Tasman Resources Ltd (TASEF) compare to its historical average?