Midas MineralsMDMLF 15 Current Ratio is 24.57 as of Dec. 2025, which is 50% above its 10-year median of 16.39. GuruFocus rates MDMLF with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Midas Minerals ranks better than 90.98% 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. Midas Minerals's current ratio for the quarter that ended in Dec. 2025 was 24.57.
Midas Minerals has a current ratio of 24.57. 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 Midas Minerals's Current Ratio or its related term are showing as below:
MDMLF'
s Current Ratio Range Over the Past 10 Years
Min: 5.34 Med: 16.39 Max: 557
Current: 24.58
During the past 6 years, Midas Minerals's highest Current Ratio was 557.00. The lowest was 5.34. And the median was 16.39.
MDMLF's Current Ratio is ranked better than 90.98% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.64
vs MDMLF: 24.58
Midas Minerals (OTCPK:MDMLF) 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.
Midas Minerals Current Ratio Related Terms
Midas Minerals Current Ratio Historical Data
* Premium members only.
The historical data trend for Midas 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 Other Precious Metals & Mining subindustry, Midas 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.
Midas Minerals Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Midas Minerals's Current Ratio distribution charts can be found below:
* The bar in red indicates where Midas 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.
Midas Minerals (MDMLF) has a Current Ratio of 24.57 as of Dec. 2025. This is 50% above median its historical median of 16.39. Over the past decade, Midas Minerals' Current Ratio has ranged from 5.34 to 557.00. According to the industry distribution chart, Midas Minerals ranks #238 out of 2638 companies in the Metals & Mining industry, placing it in the top 9%.
Is Midas Minerals' Current Ratio too high?
Midas Minerals' current Current Ratio of 24.57 is 50% above median its 10-year median of 16.39. Over the past 10 years, this metric has ranged from a low of 5.34 to a high of 557.00. The Metals & Mining industry median Current Ratio is 2.64. Midas Minerals' value of 24.57 is 830.7% above this industry median. Based on the distribution chart, Midas Minerals ranks #238 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Midas Minerals has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Midas Minerals' Current Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Midas Minerals ranks #238 out of 2638 companies for Current Ratio. This places Midas Minerals in the top 9% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.64. Midas Minerals' value of 24.57 is 830.7% above this benchmark. Historically, Midas Minerals' own Current Ratio has ranged from 5.34 to 557.00 over the past decade. While the company's 10-year median is 16.39 vs. the industry median of 2.64, Midas 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. Midas Minerals's current Current Ratio of 24.57 is 830.7% 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. Midas Minerals's current Current Ratio is 24.57, which is 50% above median its own 10-year median of 16.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midas Minerals stock overvalued right now?
Midas Minerals (MDMLF) has a current Current Ratio of 24.57. The current Current Ratio is 24.57, which is 50% above median its 10-year median of 16.39 and 830.7% above the Metals & Mining industry median of 2.64. Midas Minerals' overall GF Score™ is 15/100 with 2 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 Midas Minerals (MDMLF), the current Current Ratio is 24.57 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.
Midas Minerals Ltd is a junior mineral exploration company with a primary focus on copper and precious metals, with its activities centered on its exploration projects, which include the Otavi Copper Project, Newington Project, Challa Gold, Nickel-Copper-PGE Project, Reid-Aylmer Lithium Project, and Greenbush Lithium Project.
15GF Score
Get the complete analysis for MDMLF
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MDMLF has been successfully added to your 
