TBA.AX
Price:
$0.026
Market Cap:
$33.13M
Tombola Gold Limited operates as a mineral exploration company in Australia. The company explores for copper, gold, and cobalt deposits. It holds interest in the Burra project consisting of 18 exploration licenses covering an area of 6,500 square kilometers located in Burra region, South Australia; and the Mt Freda complex project consisting of exploration licenses and mining leases located in Cloncurry district, Western Queensland. The company was formerly known as Ausmex Mining Group Limited and changed its name to Tombola Gold Limited in May 2021. Tombola Gold Limited was incorporated in 2011 and is based in Cloncurry, Australia.
Industry
Industrial Materials
IPO Date
2012-05-03
Stock Exchange
ASX
Ticker
TBA.AX
According to Tombola Gold Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.99. This represents a change of 83.83% compared to the average of 1.63 of the last 4 quarters.
The mean historical Current Ratio of Tombola Gold Limited over the last ten years is 21.50. The current 2.99 Current Ratio has changed 1.29% with respect to the historical average. Over the past ten years (40 quarters), TBA.AX's Current Ratio was at its highest in in the June 2017 quarter at 75.28. The Current Ratio was at its lowest in in the June 2011 quarter at 0.
Average
21.50
Median
8.81
Minimum
2.99
Maximum
75.28
Discovering the peaks and valleys of Tombola Gold 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 = 1.08%
Maximum Annual Current Ratio = 75.28
Minimum Annual Increase = -90.04%
Minimum Annual Current Ratio = 2.99
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 2.99 | -23.13% |
| 2021 | 3.89 | -61.64% |
| 2020 | 10.13 | 110.08% |
| 2019 | 4.82 | -35.64% |
| 2018 | 7.50 | -90.04% |
| 2017 | 75.28 | 1.08% |
| 2016 | 6.38 | -73.85% |
| 2015 | 24.40 | -24.28% |
| 2014 | 32.22 | -32.07% |
| 2013 | 47.43 | -26.72% |
The current Current Ratio of Tombola Gold Limited (TBA.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
5.67
5-year avg
5.87
10-year avg
21.50
Tombola Gold Limited’s Current Ratio is greater than Suvo Strategic Minerals Limited (1.60), greater than Jervois Global Limited (1.33), less than Aston Minerals Limited (18.28), less than Metallica Minerals Limited (8.55), less than Arizona Lithium Limited (4.15), less than Strata Investment Holdings Plc (11.37), less than E2 Metals Limited (23.79), greater than Mineral Commodities Ltd (0.33), less than FYI Resources Limited (30.86), less than Red River Resources Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.60 | $31.30M | |
| 1.33 | $29.73M | |
| 18.28 | $28.49M | |
| 8.55 | $32.64M | |
| 4.15 | $37.66M | |
| 11.37 | $27.11M | |
| 23.79 | $34.91M | |
| 0.33 | $25.60M | |
| 30.86 | $28.22M | |
| 0 | $37.85M |
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