MetalQuest Mining (FRA:E7Q) Current Ratio: 33.65 (As of Apr. 2026) — 119% Above Median

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FRA:E7Q MetalQuest Mining Inc FRA:E7Q
36 GF Score
Price €0.09
! 1 Warning Sign
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What is MetalQuest Mining Current Ratio?

MetalQuest Mining FRA:E7Q -6.81% 36 Current Ratio is 33.65 as of Apr. 2026, which is 119% above its 10-year median of 15.39. GuruFocus rates FRA:E7Q with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, MetalQuest Mining ranks better than 94.5% 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. MetalQuest Mining's current ratio for the quarter that ended in Apr. 2026 was 33.65.

MetalQuest Mining has a current ratio of 33.65. 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 MetalQuest Mining's Current Ratio or its related term are showing as below:

FRA:E7Q' s Current Ratio Range Over the Past 10 Years
Min: 2.06   Med: 15.39   Max: 381.25
Current: 33.5

During the past 13 years, MetalQuest Mining's highest Current Ratio was 381.25. The lowest was 2.06. And the median was 15.39.

FRA:E7Q's Current Ratio is ranked better than
94.5% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.62 vs FRA:E7Q: 33.50

MetalQuest Mining  (FRA:E7Q) 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.


MetalQuest Mining Current Ratio Related Terms


MetalQuest Mining Current Ratio Historical Data

* Premium members only.

The historical data trend for MetalQuest Mining'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.

MetalQuest Mining Current Ratio Chart

MetalQuest Mining Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.63 7.62 7.84 2.83 16.11

MetalQuest Mining Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.44 2.90 3.20 16.11 33.65

MetalQuest Mining Current Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, MetalQuest Mining'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.


MetalQuest Mining Current Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MetalQuest Mining's Current Ratio distribution charts can be found below:

* The bar in red indicates where MetalQuest Mining's Current Ratio falls into.


FRA:E7Q
36GF Score
MetalQuest Mining Inc FRA:E7Q
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MetalQuest Mining Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

MetalQuest Mining's Current Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Current Ratio (A: Jan. 2026 )=Total Current Assets (A: Jan. 2026 )/Total Current Liabilities (A: Jan. 2026 )
=2.9/0.18
=16.11

MetalQuest Mining's Current Ratio for the quarter that ended in Apr. 2026 is calculated as

Current Ratio (Q: Apr. 2026 )=Total Current Assets (Q: Apr. 2026 )/Total Current Liabilities (Q: Apr. 2026 )
=2.894/0.086
=33.65

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 33.65 mean?
MetalQuest Mining (FRA:E7Q) has a Current Ratio of 33.65 as of Apr. 2026. This is 119% above median its historical median of 15.39. Over the past decade, MetalQuest Mining's Current Ratio has ranged from 2.06 to 381.25. According to the industry distribution chart, MetalQuest Mining ranks #145 out of 2638 companies in the Metals & Mining industry, placing it in the top 5.5%.
Is MetalQuest Mining's Current Ratio too high?
MetalQuest Mining's current Current Ratio of 33.65 is 119% above median its 10-year median of 15.39. Over the past 10 years, this metric has ranged from a low of 2.06 to a high of 381.25. The Metals & Mining industry median Current Ratio is 2.62. MetalQuest Mining's value of 33.65 is 1184.4% above this industry median. Based on the distribution chart, MetalQuest Mining ranks #145 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, MetalQuest Mining has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does MetalQuest Mining's Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, MetalQuest Mining ranks #145 out of 2638 companies for Current Ratio. This places MetalQuest Mining in the top 6% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.62. MetalQuest Mining's value of 33.65 is 1184.4% above this benchmark. Historically, MetalQuest Mining's own Current Ratio has ranged from 2.06 to 381.25 over the past decade. While the company's 10-year median is 15.39 vs. the industry median of 2.62, MetalQuest Mining 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 2.62, 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. MetalQuest Mining's current Current Ratio of 33.65 is 1184.4% 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 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MetalQuest Mining's current Current Ratio is 33.65, which is 119% above median its own 10-year median of 15.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MetalQuest Mining stock overvalued right now?
MetalQuest Mining (FRA:E7Q) has a current Current Ratio of 33.65. The current Current Ratio is 33.65, which is 119% above median its 10-year median of 15.39 and 1184.4% above the Metals & Mining industry median of 2.62. MetalQuest Mining's overall GF Score™ is 36/100 with 1 warning sign 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 MetalQuest Mining (FRA:E7Q), the current Current Ratio is 33.65 as of Apr. 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.

MetalQuest Mining Business Description

Other Exchanges MQMIF:USAMQM:Canada
Address 101 - 2148 West 38th Avenue, Vancouver, BC, CAN, V6M 1R9
MetalQuest Mining Inc is an exploration stage company engaged in the acquisition, exploration, and development of mineral properties in Canada with the view of developing them to a stage where it can be exploited at a profit or to arrange joint ventures whereby other companies provide funding for development and exploration. The company projects include the Murray Brook Project and the Lac Otelnuk Iron Ore Project.
36GF Score

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