Future Mineral ResourcesFMRRF -99.45%31 Quick Ratio is 2.67 as of Apr. 2026, which is 79% below its 10-year median of 12.85. GuruFocus rates FMRRF with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Future Mineral Resources ranks better than 53.41% on this metric.
Future Mineral Resources has a quick ratio of 2.67. It generally indicates good short-term financial strength.
The historical rank and industry rank for Future Mineral Resources's Quick Ratio or its related term are showing as below:
FMRRF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.29 Med: 12.85 Max: 68.05
Current: 2.67
During the past 12 years, Future Mineral Resources's highest Quick Ratio was 68.05. The lowest was 0.29. And the median was 12.85.
FMRRF's Quick Ratio is ranked better than 53.41% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs FMRRF: 2.67
Future Mineral Resources (OTCPK:FMRRF) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Future Mineral Resources Quick Ratio Related Terms
Future Mineral Resources Quick Ratio Historical Data
* 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.
Future Mineral Resources Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Future Mineral Resources's Quick Ratio, along with its competitors' market caps and Quick 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.
Future Mineral Resources Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Future Mineral Resources's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Future Mineral Resources's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Future Mineral Resources's Quick Ratio for the fiscal year that ended in Jul. 2025 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.
Future Mineral Resources (FMRRF) has a Quick Ratio of 2.67 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Future Mineral Resources and its competitors. This is 79% below median its historical median of 12.85. Over the past decade, Future Mineral Resources' Quick Ratio has ranged from 0.29 to 68.05. According to the industry distribution chart, Future Mineral Resources ranks #1229 out of 2638 companies in the Metals & Mining industry, placing it in the top 46.6%.
Is Future Mineral Resources' Quick Ratio too high?
Future Mineral Resources' current Quick Ratio of 2.67 is 79% below median its 10-year median of 12.85. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 68.05. The Metals & Mining industry median Quick Ratio is 2.32. Future Mineral Resources' value of 2.67 is 15.1% above this industry median. Based on the distribution chart, Future Mineral Resources ranks #1229 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Future Mineral Resources has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Future Mineral Resources' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Future Mineral Resources ranks #1229 out of 2638 companies for Quick Ratio. This puts Future Mineral Resources in the upper half of its industry. The industry median Quick Ratio is 2.32. Future Mineral Resources' value of 2.67 is 15.1% above this benchmark. Historically, Future Mineral Resources' own Quick Ratio has ranged from 0.29 to 68.05 over the past decade. While the company's 10-year median is 12.85 vs. the industry median of 2.32, Future Mineral 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 Quick Ratio for a Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.32, based on 2,638 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Future Mineral Resources's current Quick Ratio of 2.67 is 15.1% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Future Mineral Resources and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future Mineral Resources's current Quick Ratio is 2.67, which is 79% below median its own 10-year median of 12.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Mineral Resources stock overvalued right now?
Future Mineral Resources (FMRRF) has a current Quick Ratio of 2.67. The current Quick Ratio is 2.67, which is 79% below median its 10-year median of 12.85 and 15.1% above the Metals & Mining industry median of 2.32. Future Mineral Resources' overall GF Score™ is 31/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Future Mineral Resources (FMRRF), the current Quick Ratio is 2.67 as of Apr. 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.
Future Mineral Resources Inc. is focused on acquisitions and the development of brownfield, development-stage, and early production-stage mining projects in the Americas, Africa, Europe, and Australia. It invests its excess cash to maintain its capital for the acquisition of mining projects. Its main precious metals project is the East Sullivan Property in Quebec, Canada, and its main uranium projects are the Otish Property in Quebec, Canada, and the Orange Creek Property in the Northern Territory of Australia.
31GF Score
Get the complete analysis for FMRRF
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FMRRF has been successfully added to your 
