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Maritana MineralsHRZMF +0.32%27 Debt-to-Equity is 0.01 as of Dec. 2025, which is 88% below its 10-year median of 0.08. GuruFocus rates HRZMF with a GF Score™ of 27/100 and a GF Value™ of $41.69 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,229 Metals & Mining companies, Maritana Minerals ranks better than 99.92% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Maritana Minerals's Debt-to-Equity or its related term are showing as below:
HRZMF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.08 Max: 0.2
Current: 0.01
During the past 13 years, the highest Debt-to-Equity Ratio of Maritana Minerals was 0.20. The lowest was 0.00. And the median was 0.08.
HRZMF's Debt-to-Equity is ranked better than 99.92% of 1229
companies
in the Metals & Mining industry
Industry Median: 0.14
vs HRZMF: 0.01
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Maritana Minerals Debt-to-Equity Related Terms
Maritana Minerals Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Maritana Minerals's Debt-to-Equity 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 Gold subindustry, Maritana Minerals's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Maritana Minerals Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Maritana Minerals's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Maritana Minerals's Debt-to-Equity 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.
Maritana Minerals (HRZMF) has a Debt-to-Equity of 0.01 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Maritana Minerals and its competitors. This is 88% below median its historical median of 0.08. According to the industry distribution chart, Maritana Minerals ranks #1 out of 1229 companies in the Metals & Mining industry, placing it in the top 0.099999999999994%.
Is Maritana Minerals' Debt-to-Equity too high?
Maritana Minerals' current Debt-to-Equity of 0.01 is 88% below median its 10-year median of 0.08. The Metals & Mining industry median Debt-to-Equity is 0.14. Maritana Minerals' value of 0.01 is 92.9% below this industry median. Based on the distribution chart, Maritana Minerals ranks #1 out of 1229 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Maritana Minerals has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maritana Minerals' Debt-to-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Maritana Minerals ranks #1 out of 1229 companies for Debt-to-Equity. This places Maritana Minerals in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.14. Maritana Minerals' value of 0.01 is 92.9% below this benchmark. While the company's 10-year median is 0.08 vs. the industry median of 0.14, Maritana Minerals 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 Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.14, based on 1,229 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maritana Minerals's current Debt-to-Equity of 0.01 is 92.9% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Maritana Minerals and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maritana Minerals's current Debt-to-Equity is 0.01, which is 88% below median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maritana Minerals stock overvalued right now?
Based on GuruFocus' analysis, Maritana Minerals (HRZMF) is currently considered Possible Value Trap. The stock's GF Value™ is $41.69, compared to a current price of $0.44 — trading 98.9% below its estimated fair value. The current Debt-to-Equity is 0.01, which is 88% below median its 10-year median of 0.08 and 92.9% below the Metals & Mining industry median of 0.14. Maritana Minerals' overall GF Score™ is 27/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Maritana Minerals (HRZMF), the current Debt-to-Equity is 0.01 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.
Is Maritana Minerals (HRZMF) Overvalued in 2026?
Based on GuruFocus' analysis, Maritana Minerals stock appears to be undervalued.
The current stock price of $0.44 is trading 98.9% below its estimated GF Value™ of $41.69.
GuruFocus considers Maritana Minerals to be Possible Value Trap.
Key valuation signals for HRZMF:
Debt-to-Equity: 0.01 (88% below median its 10-year median of 0.08)
GF Value™: $41.69 vs. price of $0.44 (98.9% below fair value)
Industry Position: 92.9% below the Metals & Mining median (#1 of 1229)
No single metric tells the full story. See the HRZMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maritana Minerals Ltd is an emerging gold producer that operates in the Western Australian Goldfields. The group owned around 100% Black Swan processing hub (BSPH), located in Kalgoorlie-Boulder in the Eastern Goldfields region of Western Australia. The BSPH is strategically positioned within an established mining and processing corridor and benefits from proximity to high-quality regional infrastructure, including sealed highway access, existing connection to grid power, established mining services, and the city of Kalgoorlie-Boulder, which provides a skilled workforce, freight logistics, and regional airport facilities.
27GF Score
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