WGMTF (WestGold Metals) Current Ratio: 1.19 (As of Mar. 2026) — 61% Below Median

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What is WestGold Metals Current Ratio?

WestGold Metals WGMTF Current Ratio is 1.19 as of Mar. 2026, which is 61% below its 10-year median of 3.02. The stock has 2 warning signs investors should review. Among 2,637 Metals & Mining companies, WestGold Metals ranks worse than 72.24% 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. WestGold Metals's current ratio for the quarter that ended in Mar. 2026 was 1.19.

WestGold Metals has a current ratio of 1.19. It generally indicates good short-term financial strength.

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

WGMTF' s Current Ratio Range Over the Past 10 Years
Min: 0.78   Med: 3.02   Max: 58.29
Current: 1.18

During the past 6 years, WestGold Metals's highest Current Ratio was 58.29. The lowest was 0.78. And the median was 3.02.

WGMTF's Current Ratio is ranked worse than
72.24% of 2637 companies
in the Metals & Mining industry
Industry Median: 2.64 vs WGMTF: 1.18

WestGold Metals  (OTCPK:WGMTF) 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.


WestGold Metals Current Ratio Related Terms


WestGold Metals Current Ratio Historical Data

* Premium members only.

The historical data trend for WestGold 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.

WestGold Metals Current Ratio Chart

WestGold Metals Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 7.89 9.71 1.78 4.66 1.66

WestGold Metals 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 2.26 10.19 9.13 1.66 1.19

WGMTF vs NEM, AU: Current Ratio Comparison

For the Gold subindustry, WestGold 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.


WestGold Metals Current Ratio vs Metals & Mining Industry

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

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



WestGold 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.

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

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=0.161/0.097
=1.66

WestGold Metals'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 )
=0.126/0.106
=1.19

* 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 1.19 mean?
WestGold Metals (WGMTF) has a Current Ratio of 1.19 as of Mar. 2026. This is 61% below median its historical median of 3.02. Over the past decade, WestGold Metals' Current Ratio has ranged from 0.78 to 58.29. According to the industry distribution chart, WestGold Metals ranks #1905 out of 2637 companies in the Metals & Mining industry, placing it in the top 72.2%.
Is WestGold Metals' Current Ratio too high?
WestGold Metals' current Current Ratio of 1.19 is 61% below median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 58.29. The Metals & Mining industry median Current Ratio is 2.64. WestGold Metals' value of 1.19 is 54.9% below this industry median. Based on the distribution chart, WestGold Metals ranks #1905 out of 2637 companies in the Metals & Mining industry, which is below the industry midpoint.
How does WestGold Metals' Current Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, WestGold Metals ranks #1905 out of 2637 companies for Current Ratio. This places WestGold Metals in the lower half of its industry. The industry median Current Ratio is 2.64. WestGold Metals' value of 1.19 is 54.9% below this benchmark. Historically, WestGold Metals' own Current Ratio has ranged from 0.78 to 58.29 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 2.64, WestGold 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 2,637 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. WestGold Metals's current Current Ratio of 1.19 is 54.9% 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. WestGold Metals's current Current Ratio is 1.19, which is 61% below median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WestGold Metals stock overvalued right now?
WestGold Metals (WGMTF) has a current Current Ratio of 1.19. The current Current Ratio is 1.19, which is 61% below median its 10-year median of 3.02 and 54.9% 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 WestGold Metals (WGMTF), the current Current Ratio is 1.19 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.

WestGold Metals Business Description

Other Exchanges O8I:GermanyWGM:Canada
Address 409 Granville Street, Suite 1600, Vancouver, BC, CAN, V6C 1T2
WestGold Metals Corp is a Canadian exploration company dedicated to advancing the Isoneva Gold Project in central Finland. The Isoneva Project is a drill-ready gold exploration property located in Finland's underexplored Western Finland Gold Belt. The project is anchored by high-grade gold boulder trains and supported by compelling geophysical and geochemical data. By applying modern, data-driven exploration and working closely with local partners, Westgold is focused on unlocking the project's discovery potential and creating long-term shareholder value.