Mount Hope MiningFRA:62Y -5.04%15 Quick Ratio is 29.63 as of Dec. 2025, which is 25% above its 10-year median of 23.73. GuruFocus rates FRA:62Y with a GF Score™ of 15/100. Among 2,636 Metals & Mining companies, Mount Hope Mining ranks better than 93.13% on this metric.
Mount Hope Mining has a quick ratio of 29.63. It generally indicates good short-term financial strength.
The historical rank and industry rank for Mount Hope Mining's Quick Ratio or its related term are showing as below:
FRA:62Y'
s Quick Ratio Range Over the Past 10 Years
Min: 17.51 Med: 23.73 Max: 29.61
Current: 29.61
During the past 1 years, Mount Hope Mining's highest Quick Ratio was 29.61. The lowest was 17.51. And the median was 23.73.
FRA:62Y's Quick Ratio is ranked better than 93.13% of 2636
companies
in the Metals & Mining industry
Industry Median: 2.325
vs FRA:62Y: 29.61
Mount Hope Mining (FRA:62Y) 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.
Mount Hope Mining Quick Ratio Related Terms
Mount Hope Mining Quick Ratio Historical Data
* Premium members only.
The historical data trend for Mount Hope Mining's Quick 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.
Mount Hope Mining Quick Ratio Chart
Mount Hope Mining Annual Data
Trend
Jun25
Quick Ratio
23.68
Mount Hope Mining Semi-Annual Data
Dec24
Jun25
Dec25
Quick Ratio
17.53
23.68
29.63
FRA:62Y vs HL: Quick Ratio Comparison
For the Other Precious Metals & Mining subindustry, Mount Hope Mining'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.
Mount Hope Mining Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mount Hope Mining's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Mount Hope Mining'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.
Mount Hope Mining's Quick Ratio for the fiscal year that ended in Jun. 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.
Mount Hope Mining (FRA:62Y) has a Quick Ratio of 29.63 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mount Hope Mining and its competitors. This is 25% above median its historical median of 23.73. Over the past decade, Mount Hope Mining's Quick Ratio has ranged from 17.51 to 29.61. According to the industry distribution chart, Mount Hope Mining ranks #181 out of 2636 companies in the Metals & Mining industry, placing it in the top 6.9%.
Is Mount Hope Mining's Quick Ratio too high?
Mount Hope Mining's current Quick Ratio of 29.63 is 25% above median its 10-year median of 23.73. Over the past 10 years, this metric has ranged from a low of 17.51 to a high of 29.61. The Metals & Mining industry median Quick Ratio is 2.33. Mount Hope Mining's value of 29.63 is 1174.4% above this industry median. Based on the distribution chart, Mount Hope Mining ranks #181 out of 2636 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Mount Hope Mining has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Mount Hope Mining's Quick Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Mount Hope Mining ranks #181 out of 2636 companies for Quick Ratio. This places Mount Hope Mining in the top 7% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.33. Mount Hope Mining's value of 29.63 is 1174.4% above this benchmark. Historically, Mount Hope Mining's own Quick Ratio has ranged from 17.51 to 29.61 over the past decade. While the company's 10-year median is 23.73 vs. the industry median of 2.33, Mount Hope Mining 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 2.33, based on 2,636 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. Mount Hope Mining's current Quick Ratio of 29.63 is 1174.4% 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 Mount Hope Mining and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mount Hope Mining's current Quick Ratio is 29.63, which is 25% above median its own 10-year median of 23.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mount Hope Mining stock overvalued right now?
Mount Hope Mining (FRA:62Y) has a current Quick Ratio of 29.63. The current Quick Ratio is 29.63, which is 25% above median its 10-year median of 23.73 and 1174.4% above the Metals & Mining industry median of 2.33. Mount Hope Mining's overall GF Score™ is 15/100. 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 Mount Hope Mining (FRA:62Y), the current Quick Ratio is 29.63 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.
Mount Hope Mining Ltd is engaged in exploration and mining services in Australia. It specialises in copper and gold exploration. The company's flagship project is the Mount Hope Project, located in the southern Cobar basin.
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