Reward Minerals Ltd

Reward Minerals Ltdverified

RWD.AX

Price:

$0.065

Market Cap:

$17.30M

Reward Minerals Ltd engages in the exploration and development of mineral properties in Australia. Its flagship project is its 100% owned Lake Disappointment sulphate of Potash Project that includes approximately 5,000 square kilometers of granted tenements located in the Little Sandy Desert, Western Australia. Reward Minerals Ltd is headquartered in Nedlands, Australia.[Read more]

Industry

Industrial Materials

IPO Date

1988-01-31

Stock Exchange

ASX

Ticker

RWD.AX

The Current Ratio as of January 2025 (TTM) for Reward Minerals Ltd (RWD.AX) is 0.08

According to Reward Minerals Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 0.08. This represents a change of -53.63% compared to the average of 0.17 of the last 4 quarters.

Reward Minerals Ltd (RWD.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Reward Minerals Ltd over the last ten years is 3.52. The current 0.08 Current Ratio has changed 128.33% with respect to the historical average. Over the past ten years (40 quarters), RWD.AX's Current Ratio was at its highest in in the March 2015 quarter at 13.08. The Current Ratio was at its lowest in in the March 2024 quarter at 0.08.

Quarterly (TTM)
Annual

Average

3.52

Median

2.37

Minimum

0.27

Maximum

10.74

Reward Minerals Ltd (RWD.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Reward Minerals 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 = 90.97%

Maximum Annual Current Ratio = 10.74

Minimum Annual Increase = -58.18%

Minimum Annual Current Ratio = 0.27

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.27-39.30%
20220.44-54.56%
20210.96-54.51%
20202.1216.26%
20191.82-54.58%
20184.0253.74%
20172.61-58.18%
20166.25-41.83%
201510.7480.54%
20145.9590.97%

Reward Minerals Ltd (RWD.AX) Average Current Ratio

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

The current Current Ratio of Reward Minerals Ltd (RWD.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

0.56

5-year avg

1.12

10-year avg

3.52

Reward Minerals Ltd (RWD.AX) Current Ratio vs. Peers

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

Reward Minerals Ltd’s Current Ratio is less than Red Metal Limited (7.14), less than Resource Mining Corporation Limited (0.52), less than Rox Resources Limited (2.36), less than Rimfire Pacific Mining Limited (0.91), less than Agrimin Limited (5.13),

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