Almadex MineralsAAMMF -6.90%41 Current Ratio is 58.48 as of Mar. 2026, which is 27% above its 10-year median of 46.09. GuruFocus rates AAMMF with a GF Score™ of 41/100 and a GF Value™ of $0.31 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,638 Metals & Mining companies, Almadex Minerals ranks better than 97.57% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Almadex Minerals's current ratio for the quarter that ended in Mar. 2026 was 58.48.
Almadex Minerals has a current ratio of 58.48. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Almadex Minerals's Current Ratio or its related term are showing as below:
AAMMF'
s Current Ratio Range Over the Past 10 Years
Min: 12.13 Med: 46.09 Max: 127.72
Current: 58.48
During the past 8 years, Almadex Minerals's highest Current Ratio was 127.72. The lowest was 12.13. And the median was 46.09.
AAMMF's Current Ratio is ranked better than 97.57% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.64
vs AAMMF: 58.48
Almadex Minerals (OTCPK:AAMMF) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Almadex Minerals Current Ratio Related Terms
Almadex Minerals Current Ratio Historical Data
* Premium members only.
The historical data trend for Almadex Minerals's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gold subindustry, Almadex Minerals's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Almadex Minerals Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Almadex Minerals's Current Ratio distribution charts can be found below:
* The bar in red indicates where Almadex Minerals's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Almadex Minerals (AAMMF) has a Current Ratio of 58.48 as of Mar. 2026. This is 27% above median its historical median of 46.09. Over the past decade, Almadex Minerals' Current Ratio has ranged from 12.13 to 127.72. According to the industry distribution chart, Almadex Minerals ranks #64 out of 2638 companies in the Metals & Mining industry, placing it in the top 2.4%.
Is Almadex Minerals' Current Ratio too high?
Almadex Minerals' current Current Ratio of 58.48 is 27% above median its 10-year median of 46.09. Over the past 10 years, this metric has ranged from a low of 12.13 to a high of 127.72. The Metals & Mining industry median Current Ratio is 2.64. Almadex Minerals' value of 58.48 is 2115.2% above this industry median. Based on the distribution chart, Almadex Minerals ranks #64 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Almadex Minerals has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Almadex Minerals' Current Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Almadex Minerals ranks #64 out of 2638 companies for Current Ratio. This places Almadex Minerals in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.64. Almadex Minerals' value of 58.48 is 2115.2% above this benchmark. Historically, Almadex Minerals' own Current Ratio has ranged from 12.13 to 127.72 over the past decade. While the company's 10-year median is 46.09 vs. the industry median of 2.64, Almadex Minerals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.64, based on 2,638 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Almadex Minerals's current Current Ratio of 58.48 is 2115.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median Current Ratio is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Almadex Minerals's current Current Ratio is 58.48, which is 27% above median its own 10-year median of 46.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Almadex Minerals stock overvalued right now?
Based on GuruFocus' analysis, Almadex Minerals (AAMMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.31, compared to a current price of $0.27 — trading 12.9% below its estimated fair value. The current Current Ratio is 58.48, which is 27% above median its 10-year median of 46.09 and 2115.2% above the Metals & Mining industry median of 2.64. Almadex Minerals' overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Almadex Minerals (AAMMF), the current Current Ratio is 58.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Almadex Minerals (AAMMF) Overvalued in 2026?
Based on GuruFocus' analysis, Almadex Minerals stock appears to be undervalued.
The current stock price of $0.27 is trading 12.9% below its estimated GF Value™ of $0.31.
GuruFocus considers Almadex Minerals to be Modestly Undervalued.
Key valuation signals for AAMMF:
Current Ratio: 58.48 (27% above median its 10-year median of 46.09)
GF Value™: $0.31 vs. price of $0.27 (12.9% below fair value)
Industry Position: 2115.2% above the Metals & Mining median (#64 of 2638)
No single metric tells the full story. See the AAMMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Almadex Minerals Ltd is engaged in the acquisition, exploration, and evaluation of mineral properties in Canada, the United States, and Mexico. The company's projects include Davis and Paradise Valley properties, the Logan project, Nicoamen, Confusion Hill, Pilot, Lac de Gras, and other properties. It has one reportable operating segment, the acquisition and exploration of mineral resource properties in Canada, the United States, and Mexico.
41GF Score
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