GoldMining (TSX:GOLD) Current Ratio: 20.42 (As of Feb. 2026) — 310% Above Median


TSX:GOLD GoldMining Inc TSX:GOLD
36 GF Score
Price C$1.30
! 1 Warning Sign
View Full Analysis

What is GoldMining Current Ratio?

GoldMining TSX:GOLD +2.36% 36 Current Ratio is 20.42 as of Feb. 2026, which is 310% above its 10-year median of 4.98. GuruFocus rates TSX:GOLD with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 2,637 Metals & Mining companies, GoldMining ranks better than 88.85% 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. GoldMining's current ratio for the quarter that ended in Feb. 2026 was 20.42.

GoldMining has a current ratio of 20.42. 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 GoldMining's Current Ratio or its related term are showing as below:

TSX:GOLD' s Current Ratio Range Over the Past 10 Years
Min: 0.42   Med: 4.98   Max: 20.42
Current: 20.42

During the past 13 years, GoldMining's highest Current Ratio was 20.42. The lowest was 0.42. And the median was 4.98.

TSX:GOLD's Current Ratio is ranked better than
88.85% of 2637 companies
in the Metals & Mining industry
Industry Median: 2.64 vs TSX:GOLD: 20.42

GoldMining  (TSX:GOLD) 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.


GoldMining Current Ratio Related Terms


GoldMining Current Ratio Historical Data

* Premium members only.

The historical data trend for GoldMining'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.

GoldMining Current Ratio Chart

GoldMining Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.84 10.12 3.14 9.48

GoldMining Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 2.55 2.14 3.02 9.48 20.42

TSX:GOLD vs NEM, AU: Current Ratio Comparison

For the Gold subindustry, GoldMining'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.


GoldMining Current Ratio vs Metals & Mining Industry

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

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


TSX:GOLD
36GF Score
GoldMining Inc TSX:GOLD
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GoldMining 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.

GoldMining's Current Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Current Ratio (A: Nov. 2025 )=Total Current Assets (A: Nov. 2025 )/Total Current Liabilities (A: Nov. 2025 )
=27.584/2.91
=9.48

GoldMining's Current Ratio for the quarter that ended in Feb. 2026 is calculated as

Current Ratio (Q: Feb. 2026 )=Total Current Assets (Q: Feb. 2026 )/Total Current Liabilities (Q: Feb. 2026 )
=55.495/2.718
=20.42

* 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 20.42 mean?
GoldMining (TSX:GOLD) has a Current Ratio of 20.42 as of Feb. 2026. This is 310% above median its historical median of 4.98. Over the past decade, GoldMining's Current Ratio has ranged from 0.42 to 20.42. According to the industry distribution chart, GoldMining ranks #294 out of 2637 companies in the Metals & Mining industry, placing it in the top 11.1%.
Is GoldMining's Current Ratio too high?
GoldMining's current Current Ratio of 20.42 is 310% above median its 10-year median of 4.98. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 20.42. The Metals & Mining industry median Current Ratio is 2.64. GoldMining's value of 20.42 is 673.5% above this industry median. Based on the distribution chart, GoldMining ranks #294 out of 2637 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, GoldMining has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does GoldMining's Current Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, GoldMining ranks #294 out of 2637 companies for Current Ratio. This places GoldMining in the top 11% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.64. GoldMining's value of 20.42 is 673.5% above this benchmark. Historically, GoldMining's own Current Ratio has ranged from 0.42 to 20.42 over the past decade. While the company's 10-year median is 4.98 vs. the industry median of 2.64, GoldMining 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 2,637 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. GoldMining's current Current Ratio of 20.42 is 673.5% 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. GoldMining's current Current Ratio is 20.42, which is 310% above median its own 10-year median of 4.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoldMining stock overvalued right now?
GoldMining (TSX:GOLD) has a current Current Ratio of 20.42. The current Current Ratio is 20.42, which is 310% above median its 10-year median of 4.98 and 673.5% above the Metals & Mining industry median of 2.64. GoldMining'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 GoldMining (TSX:GOLD), the current Current Ratio is 20.42 as of Feb. 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.

GoldMining Business Description

Other Exchanges GLDG:USA0UYN:UKBSR:Germany
Address 1188 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 4A2
GoldMining Inc is a mineral exploration company with a focus on the acquisition, exploration, and development of projects in Colombia, Brazil, the United States, Canada, and Peru. Its principal projects are the La Mina Gold project and its Titiribi Gold-Copper project, located in Colombia; the Sao Jorge Gold Project, located in Brazil; and its interest in the Whistler Gold-Copper Project, located in Alaska, United States. Additionally, the company has several other projects in its portfolio, such as the Yellowknife Gold Project, Cachoeira Gold Project, Surubim Gold Project, Yarumalito Gold Project, Rea Uranium Project, etc. The firm has two operating segments, with U.S. GoldMining as one distinct operating segment and all other subsidiaries, or Others, being the second operating segment.
36GF Score

Get the complete analysis for TSX:GOLD

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$1.30
Price