TG6.AX
Price:
$0.17
Market Cap:
$17.85M
TG Metals Limited engages in the discovering, exploration, and development of mineral deposits in Western Australia. It explores for nickel, lithium, and gold deposits. The company's flagship project includes the Lake Johnston project covering an area of approximately 337 square kilometers located in the Goldfields-Esperance region of Western Australia. TG Metals Limited was incorporated in 2020 and is headquartered in West Perth, Australia.
Industry
Industrial Materials
IPO Date
2022-05-26
Stock Exchange
ASX
Ticker
TG6.AX
According to TG Metals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.66. This represents a change of -93.83% compared to the average of 26.94 of the last 4 quarters.
The mean historical Current Ratio of TG Metals Limited over the last ten years is 20.52. The current 1.66 Current Ratio has changed 709.62% with respect to the historical average. Over the past ten years (40 quarters), TG6.AX's Current Ratio was at its highest in in the December 2023 quarter at 78.04. The Current Ratio was at its lowest in in the December 2021 quarter at 0.
Average
20.52
Median
11.64
Minimum
1.66
Maximum
58.49
Discovering the peaks and valleys of TG Metals 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 = 402.52%
Maximum Annual Current Ratio = 58.49
Minimum Annual Increase = -80.57%
Minimum Annual Current Ratio = 1.66
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.66 | -80.57% |
| 2024 | 8.55 | -61.58% |
| 2023 | 22.26 | -61.95% |
| 2022 | 58.49 | 402.52% |
The current Current Ratio of TG Metals Limited (TG6.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
10.82
5-year avg
20.52
10-year avg
20.52
TG Metals Limited’s Current Ratio is less than Lincoln Minerals Limited (1.94), greater than Nimy Resources Limited (0.44), less than Ardiden Limited (109.21), less than Firebird Metals Limited (4.31), less than Duketon Mining Limited (34.30), less than Megado Minerals Limited (36.96), less than Leeuwin Metals Ltd (3.98), greater than Genmin Limited (1.21), greater than Cassius Mining Limited (0.98), less than Metals Australia Ltd (15.53),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.94 | $23.32M | |
| 0.44 | $16.78M | |
| 109.21 | $17.47M | |
| 4.31 | $21.17M | |
| 34.30 | $17.72M | |
| 36.96 | $20.02M | |
| 3.98 | $17.91M | |
| 1.21 | $12.23M | |
| 0.98 | $22.91M | |
| 15.53 | $18.29M |
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