TGN.AX
Price:
$0.215
Market Cap:
$180.60M
Tungsten Mining NL, a resources company, engages in the exploration, evaluation, and development of mineral projects in Australia. The company also explores for tungsten, molybdenum, gold, silver, bismuth, and fluorite deposits. It holds interest in the Mt Mulgine project located in the Murchison region of Western Australia. The company also owns interests in the Hatches Creek project consists of two exploration licenses covering 31.4 square kilometers situated in the Northern Territory of Australia; the Watershed project located in the North Queensland; the Big Hill project situated in the Eastern Pilbara; and the Kilba project located in the Ashburton region. Tungsten Mining NL was incorpo...[Read more]
Industry
Industrial Materials
IPO Date
2013-01-13
Stock Exchange
ASX
Ticker
TGN.AX
According to Tungsten Mining NL’s latest financial reports and current stock price. The company's current Current Ratio is 0.56. This represents a change of -86.63% compared to the average of 4.18 of the last 4 quarters.
The mean historical Current Ratio of Tungsten Mining NL over the last ten years is 20.07. The current 0.56 Current Ratio has changed 178.55% with respect to the historical average. Over the past ten years (40 quarters), TGN.AX's Current Ratio was at its highest in in the June 2018 quarter at 78.19. The Current Ratio was at its lowest in in the June 2025 quarter at 0.56.
Average
20.07
Median
13.89
Minimum
0.56
Maximum
78.19
Discovering the peaks and valleys of Tungsten Mining 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 = 1.09%
Maximum Annual Current Ratio = 78.19
Minimum Annual Increase = -91.41%
Minimum Annual Current Ratio = 0.56
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.56 | -91.41% |
| 2024 | 6.50 | -27.28% |
| 2023 | 8.94 | -45.85% |
| 2022 | 16.51 | 26.13% |
| 2021 | 13.09 | -43.25% |
| 2020 | 23.07 | -39.06% |
| 2019 | 37.86 | -51.57% |
| 2018 | 78.19 | 432.09% |
| 2017 | 14.69 | 1.09% |
| 2016 | 1.23 | -58.03% |
The current Current Ratio of Tungsten Mining NL (TGN.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
5.34
5-year avg
9.12
10-year avg
20.07
Tungsten Mining NL’s Current Ratio is less than CZR Resources Ltd (1.73), greater than Image Resources NL (0.53), less than Argosy Minerals Limited (12.88), less than VRX Silica Limited (7.63), greater than Blackstone Minerals Limited (0.30), less than Element 25 Limited (1.84), greater than Terramin Australia Limited (0.01), less than Nordic Resources Ltd (12.43), less than Caprice Resources Limited (21.30), less than CuFe Ltd (1.46),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.73 | $90.85M | |
| 0.53 | $68.60M | |
| 12.88 | $104.44M | |
| 7.63 | $58.37M | |
| 0.30 | $69.28M | |
| 1.84 | $76.73M | |
| 0.01 | $78.04M | |
| 12.43 | $71.45M | |
| 21.30 | $86.90M | |
| 1.46 | $57.44M |
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