GOCOF (Go Metals) Current Ratio: 1.35 (As of Jan. 2026) — 65% Below Median


What is Go Metals Current Ratio?

Go Metals GOCOF Current Ratio is 1.35 as of Jan. 2026, which is 65% below its 10-year median of 3.89. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Go Metals ranks worse than 68.31% 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. Go Metals's current ratio for the quarter that ended in Jan. 2026 was 1.35.

Go Metals has a current ratio of 1.35. It generally indicates good short-term financial strength.

The historical rank and industry rank for Go Metals's Current Ratio or its related term are showing as below:

GOCOF' s Current Ratio Range Over the Past 10 Years
Min: 0.02   Med: 3.89   Max: 21.56
Current: 1.35

During the past 10 years, Go Metals's highest Current Ratio was 21.56. The lowest was 0.02. And the median was 3.89.

GOCOF's Current Ratio is ranked worse than
68.31% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.64 vs GOCOF: 1.35

Go Metals  (OTCPK:GOCOF) 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.


Go Metals Current Ratio Related Terms


Go Metals Current Ratio Historical Data

* Premium members only.

The historical data trend for Go Metals'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.

Go Metals Current Ratio Chart

Go Metals Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 4.63 2.20 7.26 6.74

Go Metals Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 10.00 13.05 6.74 2.93 1.35

Go Metals Current Ratio Competitor Comparison

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


Go Metals Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Go Metals's Current Ratio falls into.



Go Metals 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.

Go Metals's Current Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Current Ratio (A: Jul. 2025 )=Total Current Assets (A: Jul. 2025 )/Total Current Liabilities (A: Jul. 2025 )
=0.209/0.031
=6.74

Go Metals's Current Ratio for the quarter that ended in Jan. 2026 is calculated as

Current Ratio (Q: Jan. 2026 )=Total Current Assets (Q: Jan. 2026 )/Total Current Liabilities (Q: Jan. 2026 )
=0.073/0.054
=1.35

* 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 1.35 mean?
Go Metals (GOCOF) has a Current Ratio of 1.35 as of Jan. 2026. This is 65% below median its historical median of 3.89. Over the past decade, Go Metals' Current Ratio has ranged from 0.02 to 21.56. According to the industry distribution chart, Go Metals ranks #1802 out of 2638 companies in the Metals & Mining industry, placing it in the top 68.3%.
Is Go Metals' Current Ratio too high?
Go Metals' current Current Ratio of 1.35 is 65% below median its 10-year median of 3.89. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 21.56. The Metals & Mining industry median Current Ratio is 2.64. Go Metals' value of 1.35 is 48.9% below this industry median. Based on the distribution chart, Go Metals ranks #1802 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Go Metals' Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Go Metals ranks #1802 out of 2638 companies for Current Ratio. This places Go Metals in the lower half of its industry. The industry median Current Ratio is 2.64. Go Metals' value of 1.35 is 48.9% below this benchmark. Historically, Go Metals' own Current Ratio has ranged from 0.02 to 21.56 over the past decade. While the company's 10-year median is 3.89 vs. the industry median of 2.64, Go Metals 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 2,638 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. Go Metals's current Current Ratio of 1.35 is 48.9% 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. Go Metals's current Current Ratio is 1.35, which is 65% below median its own 10-year median of 3.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Metals stock overvalued right now?
Go Metals (GOCOF) has a current Current Ratio of 1.35. The current Current Ratio is 1.35, which is 65% below median its 10-year median of 3.89 and 48.9% below the Metals & Mining industry median of 2.64. 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 Go Metals (GOCOF), the current Current Ratio is 1.35 as of Jan. 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.

Go Metals Business Description

Other Exchanges GOCO:Canada
Address 1111 Melville Street, 11th Floor, Vancouver, BC, CAN, V6E 3V6
Go Metals Corp is an exploration stage company and is in the process of exploring its mineral properties in Canada. The properties of the company include Monster, HSP, Oriole Property in Quebec, and others. HSP is a nickel sulphide project in Quebec and Monster is an Iron Oxide Copper Gold (IOCG) in Yukon.