TOK.AX
Price:
$1.205
Market Cap:
$242.84M
Tolu Minerals Limited engages in the exploration and development of mineral properties in Papua New Guinea. It holds 100% interests in the Tolukuma gold project covering an area of 1,600 km2 located in the Central Province of Papua New Guinea; and interests in the Mt. Penck gold/copper exploration project located in New Britain Island, Papua New Guinea. The company was founded in 2020 and is based in Brisbane, Australia.
Industry
Other Precious Metals
IPO Date
2023-11-09
Stock Exchange
ASX
Ticker
TOK.AX
According to Tolu Minerals Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 4.73. This represents a change of -12.78% compared to the average of 5.43 of the last 4 quarters.
The mean historical Current Ratio of Tolu Minerals Ltd over the last ten years is 5.88. The current 4.73 Current Ratio has changed 7.94% with respect to the historical average. Over the past ten years (40 quarters), TOK.AX's Current Ratio was at its highest in in the December 2023 quarter at 8.27. The Current Ratio was at its lowest in in the June 2023 quarter at 0.30.
Average
5.88
Median
4.62
Minimum
0
Maximum
15.77
Discovering the peaks and valleys of Tolu Minerals 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 = Infinity%
Maximum Annual Current Ratio = 15.77
Minimum Annual Increase = -47.53%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.62 | -44.13% |
| 2023 | 8.27 | -47.53% |
| 2022 | 15.77 | 1.99% |
| 2021 | 0.76 | Infinity% |
The current Current Ratio of Tolu Minerals Ltd (TOK.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
9.55
5-year avg
5.88
10-year avg
5.88
Tolu Minerals Ltd’s Current Ratio is greater than Challenger Gold Limited (0.05), less than Medallion Metals Limited (7.47), less than Wildcat Resources Limited (14.01), less than Astral Resources NL (4.85), less than Warriedar Resources Limited (15.16), greater than Core Lithium Ltd (1.60), greater than AIC Mines Limited (2.75), greater than St George Mining Limited (0.24), greater than Beacon Minerals Limited (1.88), less than Antipa Minerals Limited (7.14),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.05 | $257.33M | |
| 7.47 | $254.57M | |
| 14.01 | $375.88M | |
| 4.85 | $314.83M | |
| 15.16 | $332.99M | |
| 1.60 | $470.20M | |
| 2.75 | $383.98M | |
| 0.24 | $262.67M | |
| 1.88 | $272.74M | |
| 7.14 | $416.94M |
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