SXNTF (Sixty North Gold Mining) Current Ratio: 4.28 (As of Apr. 2026) — 370% Above Median

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SXNTF Sixty North Gold Mining Ltd SXNTF
35 GF Score
Price $0.10
! 1 Warning Sign
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What is Sixty North Gold Mining Current Ratio?

Sixty North Gold Mining SXNTF 35 Current Ratio is 4.28 as of Apr. 2026, which is 370% above its 10-year median of 0.91. GuruFocus rates SXNTF with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 2,633 Metals & Mining companies, Sixty North Gold Mining ranks better than 62.51% 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. Sixty North Gold Mining's current ratio for the quarter that ended in Apr. 2026 was 4.28.

Sixty North Gold Mining has a current ratio of 4.28. 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 Sixty North Gold Mining's Current Ratio or its related term are showing as below:

SXNTF' s Current Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.91   Max: 772
Current: 4.28

During the past 9 years, Sixty North Gold Mining's highest Current Ratio was 772.00. The lowest was 0.03. And the median was 0.91.

SXNTF's Current Ratio is ranked better than
62.51% of 2633 companies
in the Metals & Mining industry
Industry Median: 2.63 vs SXNTF: 4.28

Sixty North Gold Mining  (OTCPK:SXNTF) 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.


Sixty North Gold Mining Current Ratio Related Terms


Sixty North Gold Mining Current Ratio Historical Data

* Premium members only.

The historical data trend for Sixty North 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.

Sixty North Gold Mining Current Ratio Chart

Sixty North Gold Mining Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Current Ratio
Get a 7-Day Free Trial Premium Member Only 15.97 0.41 0.25 0.11 0.53

Sixty North Gold 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 0.09 0.03 0.53 16.46 4.28

SXNTF vs NEM, AU: Current Ratio Comparison

For the Gold subindustry, Sixty North 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.


Sixty North Gold Mining Current Ratio vs Metals & Mining Industry

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

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


SXNTF
35GF Score
Sixty North Gold Mining Ltd SXNTF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sixty North 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.

Sixty North Gold Mining's Current Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Current Ratio (A: Oct. 2025 )=Total Current Assets (A: Oct. 2025 )/Total Current Liabilities (A: Oct. 2025 )
=0.285/0.539
=0.53

Sixty North Gold 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 )
=2.052/0.48
=4.28

* 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 4.28 mean?
Sixty North Gold Mining (SXNTF) has a Current Ratio of 4.28 as of Apr. 2026. This is 370% above median its historical median of 0.91. Over the past decade, Sixty North Gold Mining's Current Ratio has ranged from 0.03 to 772.00. According to the industry distribution chart, Sixty North Gold Mining ranks #987 out of 2633 companies in the Metals & Mining industry, placing it in the top 37.5%.
Is Sixty North Gold Mining's Current Ratio too high?
Sixty North Gold Mining's current Current Ratio of 4.28 is 370% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 772.00. The Metals & Mining industry median Current Ratio is 2.63. Sixty North Gold Mining's value of 4.28 is 62.7% above this industry median. Based on the distribution chart, Sixty North Gold Mining ranks #987 out of 2633 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Sixty North Gold Mining has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Sixty North Gold Mining's Current Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Sixty North Gold Mining ranks #987 out of 2633 companies for Current Ratio. This puts Sixty North Gold Mining in the upper half of its industry. The industry median Current Ratio is 2.63. Sixty North Gold Mining's value of 4.28 is 62.7% above this benchmark. Historically, Sixty North Gold Mining's own Current Ratio has ranged from 0.03 to 772.00 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 2.63, Sixty North Gold 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 2.63, 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. Sixty North Gold Mining's current Current Ratio of 4.28 is 62.7% 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 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sixty North Gold Mining's current Current Ratio is 4.28, which is 370% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sixty North Gold Mining stock overvalued right now?
Sixty North Gold Mining (SXNTF) has a current Current Ratio of 4.28. The current Current Ratio is 4.28, which is 370% above median its 10-year median of 0.91 and 62.7% above the Metals & Mining industry median of 2.63. Sixty North Gold Mining's overall GF Score™ is 35/100 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 Sixty North Gold Mining (SXNTF), the current Current Ratio is 4.28 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.

Sixty North Gold Mining Business Description

Other Exchanges 2F40:GermanySXTY:Canada
Address 6120 - 185A Street, Surrey, BC, CAN, V3S 7P9
Sixty North Gold Mining Ltd is engaged in the acquisition and exploration of mineral property assets. The company entered into a mineral property earn-in agreement with New Discovery Mines. The projects of the company include the development and exploration of the Mon Gold Property.
35GF Score

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