Sovereign Metals Limited

Sovereign Metals Limitedverified

SVMLF

Price:

$0.4966

Market Cap:

$424.36M

Sovereign Metals Limited, together with its subsidiaries, engages in the identification, exploration, development, and appraisal of mineral resource projects in Malawi. Its flagship project is the Kasiya rutile deposit in Malawi. The company was incorporated in 2006 and is headquartered in Perth, Australia.[Read more]

Industry

Industrial Materials

IPO Date

2022-08-11

Stock Exchange

PNK

Ticker

SVMLF

The Current Ratio as of November 2024 (TTM) for Sovereign Metals Limited (SVMLF) is 28.93

According to Sovereign Metals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 28.93. This represents a change of 63.73% compared to the average of 17.67 of the last 4 quarters.

Sovereign Metals Limited (SVMLF) Historical Current Ratio (quarterly & annually)

How has SVMLF Current Ratio performed in the past?

The mean historical Current Ratio of Sovereign Metals Limited over the last ten years is 5.16. The current 28.93 Current Ratio has changed 55.98% with respect to the historical average. Over the past ten years (40 quarters), SVMLF's Current Ratio was at its highest in in the September 2023 quarter at 28.93. The Current Ratio was at its lowest in in the September 2014 quarter at 1.10.

Quarterly (TTM)
Annual

Average

5.16

Median

4.57

Minimum

1.34

Maximum

10.83

Sovereign Metals Limited (SVMLF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Sovereign Metals 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 = 155.72%

Maximum Annual Current Ratio = 10.83

Minimum Annual Increase = -79.25%

Minimum Annual Current Ratio = 1.34

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.83-71.68%
20229.99-7.79%
202110.83102.80%
20205.3480.03%
20192.97-22.01%
20183.80-34.05%
20175.77155.72%
20162.2668.33%
20151.34-79.25%
20146.4655.67%

Sovereign Metals Limited (SVMLF) Average Current Ratio

How has SVMLF Current Ratio performed in the past?

The current Current Ratio of Sovereign Metals Limited (SVMLF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

7.88

5-year avg

6.39

10-year avg

5.16

Sovereign Metals Limited (SVMLF) Current Ratio vs. Peers

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

Sovereign Metals Limited’s Current Ratio is greater than Rockridge Resources Ltd. (14.29), greater than Filo Mining Corp. (2.48), greater than Tearlach Resources Limited (0.04), greater than Callinex Mines Inc. (0.45), greater than NGEx Minerals Ltd. (8.02), greater than Alphamin Resources Corp. (1.02), greater than Metals X Limited (7.21), greater than Minsud Resources Corp. (5.46), greater than Aldebaran Resources Inc. (3.53), greater than Noram Lithium Corp. (4.57), greater than Jervois Global Limited (1.33), greater than Patriot Battery Metals Inc. (2.29), greater than Critical Elements Lithium Corporation (16.71), greater than Global Li-Ion Graphite Corp. (0.19), greater than Kraken Energy Corp. (13.29), greater than Stelmine Canada Ltd. (0.22), greater than Murchison Minerals Ltd. (4.84), greater than NorthIsle Copper and Gold Inc. (7.74), greater than Silver X Mining Corp. (0.48), greater than Traction Uranium Corp. (8.22), greater than New Age Metals Inc. (11.85), greater than York Harbour Metals Inc. (0.61), greater than Silver Elephant Mining Corp. (0.24), greater than First Energy Metals Limited (3.38),

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