Lincoln Gold Mining (FRA:ZMG) Current Ratio: 0.04 (As of Mar. 2026) — 20% Below Median

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FRA:ZMG Lincoln Gold Mining Inc FRA:ZMG
24 GF Score
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What is Lincoln Gold Mining Current Ratio?

Lincoln Gold Mining FRA:ZMG 24 Current Ratio is 0.04 as of Mar. 2026, which is 20% below its 10-year median of 0.05. GuruFocus rates FRA:ZMG with a GF Score™ of 24/100. The stock has 4 warning signs investors should review. Among 2,635 Metals & Mining companies, Lincoln Gold Mining ranks worse than 96.62% 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. Lincoln Gold Mining's current ratio for the quarter that ended in Mar. 2026 was 0.04.

Lincoln Gold Mining has a current ratio of 0.04. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Lincoln Gold Mining has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Lincoln Gold Mining's Current Ratio or its related term are showing as below:

FRA:ZMG' s Current Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.18
Current: 0.04

During the past 13 years, Lincoln Gold Mining's highest Current Ratio was 0.18. The lowest was 0.01. And the median was 0.05.

FRA:ZMG's Current Ratio is ranked worse than
96.62% of 2635 companies
in the Metals & Mining industry
Industry Median: 2.64 vs FRA:ZMG: 0.04

Lincoln Gold Mining  (FRA:ZMG) 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.


Lincoln Gold Mining Current Ratio Related Terms


Lincoln Gold Mining Current Ratio Historical Data

* Premium members only.

The historical data trend for Lincoln Gold 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.

Lincoln Gold Mining Current Ratio Chart

Lincoln Gold Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.01 0.01 0.09 0.03

Lincoln Gold Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.05 0.02 0.03 0.03 0.04

FRA:ZMG vs NEM, AU: Current Ratio Comparison

For the Gold subindustry, Lincoln Gold 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.


Lincoln Gold Mining Current Ratio vs Metals & Mining Industry

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

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


FRA:ZMG
24GF Score
Lincoln Gold Mining Inc FRA:ZMG
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lincoln Gold 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.

Lincoln Gold Mining's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=0.079/2.513
=0.03

Lincoln Gold Mining's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=0.116/2.592
=0.04

* 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 0.04 mean?
Lincoln Gold Mining (FRA:ZMG) has a Current Ratio of 0.04 as of Mar. 2026. This is 20% below median its historical median of 0.05. Over the past decade, Lincoln Gold Mining's Current Ratio has ranged from 0.01 to 0.18. According to the industry distribution chart, Lincoln Gold Mining ranks #2546 out of 2635 companies in the Metals & Mining industry, placing it in the top 96.6%.
Is Lincoln Gold Mining's Current Ratio too high?
Lincoln Gold Mining's current Current Ratio of 0.04 is 20% below median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.18. The Metals & Mining industry median Current Ratio is 2.64. Lincoln Gold Mining's value of 0.04 is 98.5% below this industry median. Based on the distribution chart, Lincoln Gold Mining ranks #2546 out of 2635 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Lincoln Gold Mining has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Lincoln Gold Mining's Current Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Lincoln Gold Mining ranks #2546 out of 2635 companies for Current Ratio. This places Lincoln Gold Mining in the lower half of its industry. The industry median Current Ratio is 2.64. Lincoln Gold Mining's value of 0.04 is 98.5% below this benchmark. Historically, Lincoln Gold Mining's own Current Ratio has ranged from 0.01 to 0.18 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 2.64, Lincoln Gold Mining has consistently been below 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 2,635 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. Lincoln Gold Mining's current Current Ratio of 0.04 is 98.5% below 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. Lincoln Gold Mining's current Current Ratio is 0.04, which is 20% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincoln Gold Mining stock overvalued right now?
Lincoln Gold Mining (FRA:ZMG) has a current Current Ratio of 0.04. The current Current Ratio is 0.04, which is 20% below median its 10-year median of 0.05 and 98.5% below the Metals & Mining industry median of 2.64. Lincoln Gold Mining's overall GF Score™ is 24/100 with 4 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 Lincoln Gold Mining (FRA:ZMG), the current Current Ratio is 0.04 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.

Lincoln Gold Mining Business Description

Other Exchanges LMG:Canada
Address 789 West Pender Street, Suite 400, Vancouver, BC, CAN, V6C 1H2
Lincoln Gold Mining Inc is a Canadian precious metals development and exploration company. The company holds interest in the Bell Mountain gold-silver property that is fully permitted and moving to production and a second larger project, the Pine Grove gold property which is in the final stages of permitting. The two gold projects are within 61 air miles of each other, located in the prospective Walker Lane mineral belt, known for its numerous gold and silver deposits. The company operates in one reportable operating segment, being the acquisition, exploration and evaluation of mineral properties. It operates within two geographic areas United States of America and Canada with United States of America generating the majority of revenue.
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