Argent Minerals Limited

Argent Minerals Limitedverified

ARDNF

Price:

$0.04

Market Cap:

$36.17M

Argent Minerals Limited engages in the discovery, extraction, and marketing of precious and base metal properties in Australia. The company explores for gold, silver, copper, zinc, and lead deposits. Its flagship project is the Kempfield Polymetallic project located in New South Wales, Australia. The company was formerly known as Kempfield Silver Pty Ltd and changed its name to Argent Minerals Limited in November 2007. Argent Minerals Limited was incorporated in 2007 and is based in West Perth, Australia.[Read more]

Industry

Industrial Materials

IPO Date

2020-12-31

Stock Exchange

PNK

Ticker

ARDNF

The Current Ratio as of November 2024 (TTM) for Argent Minerals Limited (ARDNF) is 21.75

According to Argent Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 21.75. This represents a change of 37.84% compared to the average of 15.78 of the last 4 quarters.

Argent Minerals Limited (ARDNF) Historical Current Ratio (quarterly & annually)

How has ARDNF Current Ratio performed in the past?

The mean historical Current Ratio of Argent Minerals Limited over the last ten years is 6.66. The current 21.75 Current Ratio has changed 32.54% with respect to the historical average. Over the past ten years (40 quarters), ARDNF's Current Ratio was at its highest in in the March 2024 quarter at 21.75. The Current Ratio was at its lowest in in the March 2019 quarter at 0.48.

Quarterly (TTM)
Annual

Average

6.66

Median

3.94

Minimum

0.48

Maximum

21.75

Argent Minerals Limited (ARDNF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Argent Minerals 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 = 786.14%

Maximum Annual Current Ratio = 21.75

Minimum Annual Increase = -93.77%

Minimum Annual Current Ratio = 0.48

Quarterly (TTM)
Annual
YearCurrent RatioChange
202421.7579.29%
202312.13154.88%
20224.7652.15%
20213.13200.05%
20201.04117.30%
20190.48-93.77%
20187.70-33.66%
201711.61786.14%
20161.31-51.85%
20152.72-58.42%

Argent Minerals Limited (ARDNF) Average Current Ratio

How has ARDNF Current Ratio performed in the past?

The current Current Ratio of Argent Minerals Limited (ARDNF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

12.88

5-year avg

8.56

10-year avg

6.66

Argent Minerals Limited (ARDNF) Current Ratio vs. Peers

How is ARDNF’s Current Ratio compared to its peers?

Argent Minerals Limited’s Current Ratio is greater than Adventus Mining Corporation (0.49), greater than Edison Lithium Corp. (6.78), greater than Champion Bear Resources Ltd. (0.01), greater than A-Cap Energy Limited (7.51),

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