MGV.AX
Price:
$0.385
Market Cap:
$227.62M
Musgrave Minerals Limited engages in the exploration and development of mineral properties in Australia. The company primarily explores for silver, gold, copper, and nickel deposits. It focuses on the Cue Project in the Murchison Province of Western Australia. The company was incorporated in 2010 and is headquartered in West Perth, Australia.[Read more]
Industry
Gold
IPO Date
2011-04-29
Stock Exchange
ASX
Ticker
MGV.AX
According to Musgrave Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 4.93. This represents a change of -31.84% compared to the average of 7.23 of the last 4 quarters.
The mean historical Current Ratio of Musgrave Minerals Limited over the last ten years is 11.91. The current 4.93 Current Ratio has changed 4.04% with respect to the historical average. Over the past ten years (40 quarters), MGV.AX's Current Ratio was at its highest in in the June 2012 quarter at 29.86. The Current Ratio was at its lowest in in the January 2011 quarter at 0.
Average
11.91
Median
9.64
Minimum
4.93
Maximum
25.06
Discovering the peaks and valleys of Musgrave 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 = 143.63%
Maximum Annual Current Ratio = 25.06
Minimum Annual Increase = -71.03%
Minimum Annual Current Ratio = 4.93
Year | Current Ratio | Change |
---|---|---|
2022 | 4.93 | -71.03% |
2021 | 17.01 | 143.63% |
2020 | 6.98 | -46.30% |
2019 | 13.00 | 43.06% |
2018 | 9.09 | 5.26% |
2017 | 8.63 | 17.90% |
2016 | 7.32 | -28.14% |
2015 | 10.19 | -39.60% |
2014 | 16.87 | -32.67% |
2013 | 25.06 | -16.08% |
The current Current Ratio of Musgrave Minerals Limited (MGV.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
9.64
5-year avg
10.20
10-year avg
11.91
Musgrave Minerals Limited’s Current Ratio is less than De Grey Mining Limited (30.52), greater than Navarre Minerals Limited (0.31), greater than Rox Resources Limited (2.36), greater than Pantoro Limited (1.39), less than Predictive Discovery Limited (8.06),
Company | Current Ratio | Market cap |
---|---|---|
30.52 | $4.64B | |
0.31 | $10.76M | |
2.36 | $121.01M | |
1.39 | $677.67M | |
8.06 | $575.97M |
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