Meteoric Resources NL

Meteoric Resources NLverified

MEI.AX

Price:

$0.088

Market Cap:

$202.65M

Meteoric Resources NL explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory. It explores for gold, copper, cobalt, diamond, and silver deposits. The company owns interests in the Palm Springs gold project, which covers an area of approximately 12,500 ha located in Western Australia; the Juruena project located in Brazil; Novo Astro gold project that covers 15 square kilometers situated in Brazil; and the Warrego North IOCG project located in the Northern Territory. It also holds interests in the Mulligan and Mulligan East, Beauchamp, and Iron Mask projects in Ontario, Canada. The company was incorporated in 2004 and is based in West Perth, Australia.[Read more]

Industry

Industrial Materials

IPO Date

2004-07-16

Stock Exchange

ASX

Ticker

MEI.AX

The Current Ratio as of January 2025 (TTM) for Meteoric Resources NL (MEI.AX) is 7.75

According to Meteoric Resources NL’s latest financial reports and current stock price. The company's current Current Ratio is 7.75. This represents a change of -89.00% compared to the average of 70.46 of the last 4 quarters.

Meteoric Resources NL (MEI.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Meteoric Resources NL over the last ten years is 11.96. The current 7.75 Current Ratio has changed 6.38% with respect to the historical average. Over the past ten years (40 quarters), MEI.AX's Current Ratio was at its highest in in the December 2022 quarter at 230.72. The Current Ratio was at its lowest in in the March 2009 quarter at 0.

Quarterly (TTM)
Annual

Average

11.96

Median

7.43

Minimum

2.57

Maximum

38.73

Meteoric Resources NL (MEI.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Meteoric Resources NL 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 = 878.22%

Maximum Annual Current Ratio = 38.73

Minimum Annual Increase = -79.99%

Minimum Annual Current Ratio = 2.57

Quarterly (TTM)
Annual
YearCurrent RatioChange
20247.75-79.99%
202338.73878.22%
20223.96-50.43%
20217.99-72.87%
202029.45314.40%
20197.11-48.78%
201813.87153.78%
20175.47100.36%
20162.736.18%
20152.57-73.13%

Meteoric Resources NL (MEI.AX) Average Current Ratio

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

The current Current Ratio of Meteoric Resources NL (MEI.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

16.81

5-year avg

17.58

10-year avg

11.96

Meteoric Resources NL (MEI.AX) Current Ratio vs. Peers

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

Meteoric Resources NL’s Current Ratio is greater than Mithril Resources Limited (4.73), greater than Musgrave Minerals Limited (4.93), greater than Navarre Minerals Limited (0.31), greater than St George Mining Limited (3.13), less than Metallica Minerals Limited (8.21),

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