Argosy Minerals Limited

Argosy Minerals Limitedverified

ARYMF

Price:

$0.0285

Market Cap:

$63.02M

Argosy Minerals Limited engages in the exploration and development of lithium projects in Australia and the United States. Its flagship project is the Rincon lithium project that covers an area of approximately 2,794 hectares of mining concessions located within the Salar del Rincon in Salta Province, Argentina. The company was incorporated in 2010 and is headquartered in Perth, Australia.[Read more]

Industry

Industrial Materials

IPO Date

2010-06-08

Stock Exchange

PNK

Ticker

ARYMF

The Current Ratio as of November 2024 (TTM) for Argosy Minerals Limited (ARYMF) is 26.75

According to Argosy Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 26.75. This represents a change of -32.03% compared to the average of 39.36 of the last 4 quarters.

Argosy Minerals Limited (ARYMF) Historical Current Ratio (quarterly & annually)

How has ARYMF Current Ratio performed in the past?

The mean historical Current Ratio of Argosy Minerals Limited over the last ten years is 39.09. The current 26.75 Current Ratio has changed 6.74% with respect to the historical average. Over the past ten years (40 quarters), ARYMF's Current Ratio was at its highest in in the March 2021 quarter at 155.30. The Current Ratio was at its lowest in in the September 2015 quarter at 0.72.

Quarterly (TTM)
Annual

Average

39.09

Median

19.80

Minimum

0.72

Maximum

141.20

Argosy Minerals Limited (ARYMF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Argosy 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 = 3.52%

Maximum Annual Current Ratio = 141.20

Minimum Annual Increase = -77.82%

Minimum Annual Current Ratio = 0.72

Quarterly (TTM)
Annual
YearCurrent RatioChange
202351.96-63.20%
2022141.2041.98%
202199.45667.92%
202012.95-62.50%
201934.53375.44%
20187.26-46.44%
201713.56-47.92%
201626.043.52%
20150.72-77.82%
20143.24457.93%

Argosy Minerals Limited (ARYMF) Average Current Ratio

How has ARYMF Current Ratio performed in the past?

The current Current Ratio of Argosy Minerals Limited (ARYMF) 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

97.54

5-year avg

68.02

10-year avg

39.09

Argosy Minerals Limited (ARYMF) Current Ratio vs. Peers

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

Argosy Minerals Limited’s Current Ratio is greater than Edison Lithium Corp. (6.78), greater than Champion Bear Resources Ltd. (0.01), greater than Avarone Metals Inc. (0.01), greater than Adriatic Metals PLC (1.01), greater than A-Cap Energy Limited (7.51), greater than Aurelia Metals Limited (2.02), greater than Critical Elements Lithium Corporation (16.71), greater than Artemis Resources Limited (1.30), greater than Ascendant Resources Inc. (0.05), greater than Azimut Exploration Inc. (3.73), greater than Altiplano Metals Inc. (0.05), greater than Benton Resources Inc. (4.36),

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