Metalore Resources (TSXV:MET) Current Ratio: 39.99 (As of Mar. 2026) — 32% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:MET Metalore Resources Ltd TSXV:MET
64 GF Score
Price C$2.31
GF Value C$3.82
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Metalore Resources Current Ratio?

Metalore Resources TSXV:MET 64 Current Ratio is 39.99 as of Mar. 2026, which is 32% above its 10-year median of 30.38. GuruFocus rates TSXV:MET with a GF Score™ of 64/100 and a GF Value™ of C$3.82 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,012 Oil & Gas companies, Metalore Resources ranks better than 98.32% 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. Metalore Resources's current ratio for the quarter that ended in Mar. 2026 was 39.99.

Metalore Resources has a current ratio of 39.99. 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 Metalore Resources's Current Ratio or its related term are showing as below:

TSXV:MET' s Current Ratio Range Over the Past 10 Years
Min: 5.25   Med: 30.38   Max: 78.79
Current: 39.99

During the past 13 years, Metalore Resources's highest Current Ratio was 78.79. The lowest was 5.25. And the median was 30.38.

TSXV:MET's Current Ratio is ranked better than
98.32% of 1012 companies
in the Oil & Gas industry
Industry Median: 1.35 vs TSXV:MET: 39.99

Metalore Resources  (TSXV:MET) 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.


Metalore Resources Current Ratio Related Terms


Metalore Resources Current Ratio Historical Data

* Premium members only.

The historical data trend for Metalore Resources'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.

Metalore Resources Current Ratio Chart

Metalore Resources Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.03 37.23 78.79 23.52 39.99

Metalore Resources 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 23.52 24.41 58.34 50.08 39.99

TSXV:MET vs ALTX, CRCE, CNNEQ: Current Ratio Comparison

For the Oil & Gas E&P subindustry, Metalore Resources'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.


Metalore Resources Current Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Metalore Resources's Current Ratio distribution charts can be found below:

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


TSXV:MET
64GF Score
Metalore Resources Ltd TSXV:MET
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metalore Resources 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.

Metalore Resources's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=6.159/0.154
=39.99

Metalore Resources'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 )
=6.159/0.154
=39.99

* 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 39.99 mean?
Metalore Resources (TSXV:MET) has a Current Ratio of 39.99 as of Mar. 2026. This is 32% above median its historical median of 30.38. Over the past decade, Metalore Resources' Current Ratio has ranged from 5.25 to 78.79. According to the industry distribution chart, Metalore Resources ranks #17 out of 1012 companies in the Oil & Gas industry, placing it in the top 1.7%.
Is Metalore Resources' Current Ratio too high?
Metalore Resources' current Current Ratio of 39.99 is 32% above median its 10-year median of 30.38. Over the past 10 years, this metric has ranged from a low of 5.25 to a high of 78.79. The Oil & Gas industry median Current Ratio is 1.35. Metalore Resources' value of 39.99 is 2862.2% above this industry median. Based on the distribution chart, Metalore Resources ranks #17 out of 1012 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Metalore Resources has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metalore Resources' Current Ratio compare to ALTX and CRCE?
According to the Oil & Gas industry distribution chart, Metalore Resources ranks #17 out of 1012 companies for Current Ratio. This places Metalore Resources in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.35. Metalore Resources' value of 39.99 is 2862.2% above this benchmark. Historically, Metalore Resources' own Current Ratio has ranged from 5.25 to 78.79 over the past decade. While the company's 10-year median is 30.38 vs. the industry median of 1.35, Metalore Resources 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 an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,012 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. Metalore Resources's current Current Ratio of 39.99 is 2862.2% 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 Oil & Gas industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalore Resources's current Current Ratio is 39.99, which is 32% above median its own 10-year median of 30.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalore Resources stock overvalued right now?
Based on GuruFocus' analysis, Metalore Resources (TSXV:MET) is currently considered Significantly Undervalued. The stock's GF Value™ is C$3.82, compared to a current price of C$2.31 — trading 39.5% below its estimated fair value. The current Current Ratio is 39.99, which is 32% above median its 10-year median of 30.38 and 2862.2% above the Oil & Gas industry median of 1.35. Metalore Resources' overall GF Score™ is 64/100 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 Metalore Resources (TSXV:MET), the current Current Ratio is 39.99 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.

Is Metalore Resources (TSXV:MET) Overvalued in 2026?

Based on GuruFocus' analysis, Metalore Resources stock appears to be undervalued. The current stock price of C$2.31 is trading 39.5% below its estimated GF Value™ of C$3.82. GuruFocus considers Metalore Resources to be Significantly Undervalued.

Key valuation signals for TSXV:MET:

  • Current Ratio: 39.99 (32% above median its 10-year median of 30.38)
  • GF Value™: C$3.82 vs. price of C$2.31 (39.5% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 2862.2% above the Oil & Gas median (#17 of 1012)

No single metric tells the full story. See the TSXV:MET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metalore Resources Business Description

Industry EnergyOil & Gas
Other Exchanges MTLRF:USA
Address 124 Norfolk Street North, Suite 422, Simcoe, ON, CAN, N3Y 3N8
Metalore Resources Ltd is a Canada-based resource company focused on natural gas production and gold exploration. It owns and controls petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company's properties for gold exploration include Paint LakeProperty and Brookbank Jv Properties. It generates the majority of its revenue from the sale of natural gas.
64GF Score

Get the complete analysis for TSXV:MET

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

C$2.31
Price
C$3.82
GF Value