Western Mines Group Ltd

Western Mines Group Ltdverified

WMG.AX

Price:

$0.21

Market Cap:

$20.52M

Western Mines Group Ltd, a mineral exploration company, engages in the exploration and development of mineral properties in Australia. The company explores for nickel, copper, platinum group elements, and gold deposits. Its flagship project is the Mulga Tank project comprising exploration licence E39/2132 and exploration licence applications E39/2223 and E39/2299, covering an area approximately 395 square kilometers located in the east-northeast of Yilgarn Craton, Western Australia. The company project portfolio includes the Jasper Hill project consisting of exploration licences E39/2073, E39/2079 and prospecting licence application P39/6267, covering an area of 71.4 square kilometers; and t...[Read more]

Industry

Gold

IPO Date

2021-07-20

Stock Exchange

ASX

Ticker

WMG.AX

The Current Ratio as of December 2025 (TTM) for Western Mines Group Ltd (WMG.AX) is 6.81

According to Western Mines Group Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 6.81. This represents a change of 119.48% compared to the average of 3.10 of the last 4 quarters.

Western Mines Group Ltd (WMG.AX) Historical Current Ratio (quarterly & annually)

How has WMG.AX Current Ratio performed in the past?

The mean historical Current Ratio of Western Mines Group Ltd over the last ten years is 4.16. The current 6.81 Current Ratio has changed 16.26% with respect to the historical average. Over the past ten years (40 quarters), WMG.AX's Current Ratio was at its highest in in the December 2021 quarter at 21.34. The Current Ratio was at its lowest in in the June 2024 quarter at 1.18.

Quarterly (TTM)
Annual

Average

4.16

Median

4.32

Minimum

1.18

Maximum

6.81

Western Mines Group Ltd (WMG.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Western Mines Group 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 = 475.44%

Maximum Annual Current Ratio = 6.81

Minimum Annual Increase = -72.61%

Minimum Annual Current Ratio = 1.18

Quarterly (TTM)
Annual
YearCurrent RatioChange
20256.81475.44%
20241.18-72.61%
20234.32-5.66%
20224.5816.97%

Western Mines Group Ltd (WMG.AX) Average Current Ratio

How has WMG.AX Current Ratio performed in the past?

The current Current Ratio of Western Mines Group Ltd (WMG.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

4.11

5-year avg

4.16

10-year avg

4.16

Western Mines Group Ltd (WMG.AX) Current Ratio vs. Peers

How is WMG.AX’s Current Ratio compared to its peers?

Western Mines Group Ltd’s Current Ratio is less than Kalgoorlie Gold Mining Limited (8.59), greater than AuMEGA Metals Ltd (4.24), less than Besra Gold Inc. (10.98), greater than Siren Gold Limited (5.96), greater than Peregrine Gold Limited (0.73), less than Marvel Gold Limited (12.69), greater than Cavalier Resources Limited (4.91), greater than Magmatic Resources Limited (6.33), greater than Sarama Resources Ltd (0.18), greater than Antilles Gold Limited (0.53),

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