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MMGMMLTF +22.89%66 Debt-to-Equity is 0.96 as of Dec. 2025, which is 80% below its 10-year median of 4.90. GuruFocus rates MMLTF with a GF Score™ of 66/100 and a GF Value™ of $0.39 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,218 Metals & Mining companies, MMG ranks worse than 86.45% 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 MMG's Debt-to-Equity or its related term are showing as below:
MMLTF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.96 Med: 4.9 Max: 9.95
Current: 0.96
During the past 13 years, the highest Debt-to-Equity Ratio of MMG was 9.95. The lowest was 0.96. And the median was 4.90.
MMLTF's Debt-to-Equity is ranked worse than 86.45% of 1218
companies
in the Metals & Mining industry
Industry Median: 0.15
vs MMLTF: 0.96
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.
MMG Debt-to-Equity Related Terms
MMG Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for MMG'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 Copper subindustry, MMG'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.
MMG Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MMG's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where MMG'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.
MMG (MMLTF) has a Debt-to-Equity of 0.96 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on MMG and its competitors. This is 80% below median its historical median of 4.90. Over the past decade, MMG's Debt-to-Equity has ranged from 0.96 to 9.95. According to the industry distribution chart, MMG ranks #1053 out of 1218 companies in the Metals & Mining industry, placing it in the top 86.5%.
Is MMG's Debt-to-Equity too high?
MMG's current Debt-to-Equity of 0.96 is 80% below median its 10-year median of 4.90. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 9.95. The Metals & Mining industry median Debt-to-Equity is 0.15. MMG's value of 0.96 is 540% above this industry median. Based on the distribution chart, MMG ranks #1053 out of 1218 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, MMG has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MMG's Debt-to-Equity compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, MMG ranks #1053 out of 1218 companies for Debt-to-Equity. This places MMG in the lower half of its industry. The industry median Debt-to-Equity is 0.15. MMG's value of 0.96 is 540% above this benchmark. Historically, MMG's own Debt-to-Equity has ranged from 0.96 to 9.95 over the past decade. While the company's 10-year median is 4.90 vs. the industry median of 0.15, MMG 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 Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,218 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. MMG's current Debt-to-Equity of 0.96 is 540% 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 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 MMG and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MMG's current Debt-to-Equity is 0.96, which is 80% below median its own 10-year median of 4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMG stock overvalued right now?
Based on GuruFocus' analysis, MMG (MMLTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.39, compared to a current price of $1.08 — trading 176.9% above its estimated fair value. The current Debt-to-Equity is 0.96, which is 80% below median its 10-year median of 4.90 and 540% above the Metals & Mining industry median of 0.15. MMG's overall GF Score™ is 66/100 with 2 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 MMG (MMLTF), the current Debt-to-Equity is 0.96 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 MMG (MMLTF) Overvalued in 2026?
Based on GuruFocus' analysis, MMG stock appears to be overvalued.
The current stock price of $1.08 is trading 176.9% above its estimated GF Value™ of $0.39.
GuruFocus considers MMG to be Significantly Overvalued.
Key valuation signals for MMLTF:
Debt-to-Equity: 0.96 (80% below median its 10-year median of 4.90)
GF Value™: $0.39 vs. price of $1.08 (176.9% above fair value)
Industry Position: 540% above the Metals & Mining median (#1053 of 1218)
No single metric tells the full story. See the MMLTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MMG Ltd is engaged in the exploration, development, and mining of zinc, copper, cobalt, gold, silver, molybdenum, and lead deposits around the world. The group has five reportable operating segments namely Dugald River, Kinsevere, Rosebery, Las Bambas, Khoemacau, Rosebery, and others. The company derives maximum revenue from Las Bambas mine, which is an open-pit, scalable, long-life copper and molybdenum mining operation located in the Cotabambas, Apurimac region of Peru.
66GF Score
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