TMT.AX
Price:
$0.26
Market Cap:
$67.13M
Technology Metals Australia Limited engages in identifying and exploring mineral projects in Australia. Its flagship project is the Murchison Technology Metals Project that comprises Gabanintha and Yarrabubba Vanadium Projects located in the mid-west region of Western Australia. The company was incorporated in 2016 and is based in Subiaco, Australia.
Industry
Industrial Materials
IPO Date
2016-12-20
Stock Exchange
ASX
Ticker
TMT.AX
According to Technology Metals Australia Limited’s latest financial reports and current stock price. The company's current Current Ratio is 16.01. This represents a change of -43.70% compared to the average of 28.43 of the last 4 quarters.
The mean historical Current Ratio of Technology Metals Australia Limited over the last ten years is 10.55. The current 16.01 Current Ratio has changed 15.07% with respect to the historical average. Over the past ten years (40 quarters), TMT.AX's Current Ratio was at its highest in in the December 2021 quarter at 73.70. The Current Ratio was at its lowest in in the June 2017 quarter at 0.
Average
10.55
Median
10.09
Minimum
0
Maximum
27.30
Discovering the peaks and valleys of Technology Metals Australia 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 = Infinity%
Maximum Annual Current Ratio = 27.30
Minimum Annual Increase = -91.40%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 16.01 | -8.27% |
| 2022 | 17.45 | 97.88% |
| 2021 | 8.82 | -22.38% |
| 2020 | 11.36 | 916.82% |
| 2019 | 1.12 | -52.38% |
| 2018 | 2.35 | -91.40% |
| 2017 | 27.30 | Infinity% |
The current Current Ratio of Technology Metals Australia Limited (TMT.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
14.09
5-year avg
10.95
10-year avg
10.55
Technology Metals Australia Limited’s Current Ratio is greater than Walkabout Resources Limited (0.46), greater than Jindalee Resources Limited (0.27), greater than Ora Gold Limited (3.61), greater than Sierra Rutile Holdings Limited (3.20), greater than Kin Mining NL (7.58), greater than Alto Metals Limited (2.15), greater than Chesser Resources Limited (0.84), greater than GME Resources Limited (5.20), less than Province Resources Limited (38.52), greater than Flinders Mines Limited (5.48),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.46 | $63.77M | |
| 0.27 | $60.92M | |
| 3.61 | $66.22M | |
| 3.20 | $75.63M | |
| 7.58 | $67.15M | |
| 2.15 | $69.54M | |
| 0.84 | $65.82M | |
| 5.20 | $59.40M | |
| 38.52 | $48.44M | |
| 5.48 | $82.74M |
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