Auric Resources (TSXV:RES) Debt-to-Equity: 0.03 (As of Mar. 2026) — 50% Below 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.

What is Auric Resources Debt-to-Equity?

Auric Resources TSXV:RES +20.00% Debt-to-Equity is 0.03 as of Mar. 2026, which is 50% below its 10-year median of 0.06. The stock has 1 warning sign investors should review. Among 1,224 Metals & Mining companies, Auric Resources ranks better than 76.47% on this metric.

Auric Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$0.03 Mil. Auric Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$0.04 Mil. Auric Resources's Total Stockholders Equity for the quarter that ended in Mar. 2026 was C$2.40 Mil. Auric Resources's debt to equity for the quarter that ended in Mar. 2026 was 0.03.

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 Auric Resources's Debt-to-Equity or its related term are showing as below:

TSXV:RES' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.06   Max: 0.07
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Auric Resources was 0.07. The lowest was 0.03. And the median was 0.06.

TSXV:RES's Debt-to-Equity is ranked better than
76.47% of 1224 companies
in the Metals & Mining industry
Industry Median: 0.14 vs TSXV:RES: 0.03

Auric Resources  (TSXV:RES) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Auric Resources Debt-to-Equity Related Terms


Auric Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Auric Resources'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.

Auric Resources Debt-to-Equity Chart

Auric Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.07 0.04

Auric Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.06 0.06 0.06 0.04 0.03

Auric Resources Debt-to-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Auric Resources'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.


Auric Resources Debt-to-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Auric Resources's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Auric Resources's Debt-to-Equity falls into.



Auric Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Auric Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Auric Resources's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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 Debt-to-Equity →
What does a Debt-to-Equity of 0.03 mean?
Auric Resources (TSXV:RES) has a Debt-to-Equity of 0.03 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Auric Resources and its competitors. This is 50% below median its historical median of 0.06. Over the past decade, Auric Resources' Debt-to-Equity has ranged from 0.03 to 0.07. According to the industry distribution chart, Auric Resources ranks #288 out of 1224 companies in the Metals & Mining industry, placing it in the top 23.5%.
Is Auric Resources' Debt-to-Equity too high?
Auric Resources' current Debt-to-Equity of 0.03 is 50% below median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.07. The Metals & Mining industry median Debt-to-Equity is 0.14. Auric Resources' value of 0.03 is 78.6% below this industry median. Based on the distribution chart, Auric Resources ranks #288 out of 1224 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Auric Resources' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Auric Resources ranks #288 out of 1224 companies for Debt-to-Equity. This places Auric Resources in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.14. Auric Resources' value of 0.03 is 78.6% below this benchmark. Historically, Auric Resources' own Debt-to-Equity has ranged from 0.03 to 0.07 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.14, Auric Resources 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 1,224 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. Auric Resources's current Debt-to-Equity of 0.03 is 78.6% 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 Auric Resources 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. Auric Resources's current Debt-to-Equity is 0.03, which is 50% below median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auric Resources stock overvalued right now?
Auric Resources (TSXV:RES) has a current Debt-to-Equity of 0.03. The current Debt-to-Equity is 0.03, which is 50% below median its 10-year median of 0.06 and 78.6% below the Metals & Mining industry median of 0.14. 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 Auric Resources (TSXV:RES), the current Debt-to-Equity is 0.03 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.

Auric Resources Business Description

Address 1066 Hastings Street West, Suite 1240, Vancouver, BC, CAN, V6E 3X1
Auric Resources Corp is a mineral exploration company engaged in the acquisition and exploration of mineral properties in Quebec, Canada. The company holds mineral claims within the Chicobi North Fault and Macamic Fault regions, which are associated with polymetallic and gold mineralization. Its Proximal Project is located near projects operated by companies including Amex Exploration's Perron Property, Star Peak's NewMetal Project, and Generic Gold's Belvais Project.