Canamex GoldCNMXF -99.00% Current Ratio is 554.00 as of Dec. 2025, which is 5762% above its 10-year median of 9.45.
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. Canamex Gold's current ratio for the quarter that ended in Dec. 2025 was 554.00.
Canamex Gold has a current ratio of 554.00. 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 Canamex Gold's Current Ratio or its related term are showing as below:
CNMXF'
s Current Ratio Range Over the Past 10 Years
Min: 0.02 Med: 9.45 Max: 764
Current: 764
During the past 13 years, Canamex Gold's highest Current Ratio was 764.00. The lowest was 0.02. And the median was 9.45.
CNMXF's Current Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 2.63
vs CNMXF: 764.00
Canamex Gold (OTCPK:CNMXF) 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.
Canamex Gold Current Ratio Related Terms
Canamex Gold Current Ratio Historical Data
* Premium members only.
The historical data trend for Canamex Gold'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, Canamex Gold'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.
Canamex Gold Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Canamex Gold's Current Ratio distribution charts can be found below:
* The bar in red indicates where Canamex Gold'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.
Canamex Gold (CNMXF) has a Current Ratio of 554.00 as of Dec. 2025. This is 5762% above median its historical median of 9.45. Over the past decade, Canamex Gold's Current Ratio has ranged from 0.02 to 764.00.
Is Canamex Gold's Current Ratio too high?
Canamex Gold's current Current Ratio of 554.00 is 5762% above median its 10-year median of 9.45. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 764.00. The Metals & Mining industry median Current Ratio is 2.63. Canamex Gold's value of 554.00 is 20964.6% above this industry median.
How does Canamex Gold's Current Ratio compare to NEM?
Canamex Gold's Current Ratio of 554.00 can be compared against companies in the Metals & Mining industry. The industry median Current Ratio is 2.63. Canamex Gold's value of 554.00 is 20964.6% above this benchmark. Historically, Canamex Gold's own Current Ratio has ranged from 0.02 to 764.00 over the past decade. While the company's 10-year median is 9.45 vs. the industry median of 2.63, Canamex Gold 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 2.63, based on 2,633 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. Canamex Gold's current Current Ratio of 554.00 is 20964.6% 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 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canamex Gold's current Current Ratio is 554.00, which is 5762% above median its own 10-year median of 9.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canamex Gold stock overvalued right now?
Canamex Gold (CNMXF) has a current Current Ratio of 554.00. The current Current Ratio is 554.00, which is 5762% above median its 10-year median of 9.45 and 20964.6% above the Metals & Mining industry median of 2.63. 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 Canamex Gold (CNMXF), the current Current Ratio is 554.00 as of Dec. 2025. 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.
Canamex Gold Corp is a mineral exploration company. The projects of the company are the bruner gold development project in Nevada and silverton gold project which is also located in Nevada. The company operates in a single reportable operating segment - the acquisition and exploration of mining properties.
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