Goldgroup MiningMEX:GGA N 33 Quick Ratio is 0.34 as of Mar. 2026, which is 42% above its 10-year median of 0.24. GuruFocus rates MEX:GGA N with a GF Score™ of 33/100 and a GF Value™ of MXN0.03. The stock has 6 warning signs investors should review. Among 2,638 Metals & Mining companies, Goldgroup Mining ranks worse than 85.71% on this metric.
Goldgroup Mining has a quick ratio of 0.34. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Goldgroup Mining's Quick Ratio or its related term are showing as below:
MEX:GGA N'
s Quick Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.24 Max: 1.03
Current: 0.34
During the past 13 years, Goldgroup Mining's highest Quick Ratio was 1.03. The lowest was 0.09. And the median was 0.24.
MEX:GGA N's Quick Ratio is ranked worse than 85.71% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs MEX:GGA N: 0.34
Goldgroup Mining (MEX:GGA N) 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.
Goldgroup Mining Quick Ratio Related Terms
Goldgroup Mining Quick Ratio Historical Data
* Premium members only.
The historical data trend for Goldgroup 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.
For the Gold subindustry, Goldgroup 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.
Goldgroup Mining Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Goldgroup Mining's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Goldgroup 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.
Goldgroup Mining's Quick Ratio for the fiscal year that ended in Dec. 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.
Goldgroup Mining (MEX:GGA N) has a Quick Ratio of 0.34 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Goldgroup Mining and its competitors. This is 42% above median its historical median of 0.24. Over the past decade, Goldgroup Mining's Quick Ratio has ranged from 0.09 to 1.03. According to the industry distribution chart, Goldgroup Mining ranks #2261 out of 2638 companies in the Metals & Mining industry, placing it in the top 85.7%.
Is Goldgroup Mining's Quick Ratio too high?
Goldgroup Mining's current Quick Ratio of 0.34 is 42% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.03. The Metals & Mining industry median Quick Ratio is 2.32. Goldgroup Mining's value of 0.34 is 85.3% below this industry median. Based on the distribution chart, Goldgroup Mining ranks #2261 out of 2638 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Goldgroup Mining has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Goldgroup Mining's Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Goldgroup Mining ranks #2261 out of 2638 companies for Quick Ratio. This places Goldgroup Mining in the lower half of its industry. The industry median Quick Ratio is 2.32. Goldgroup Mining's value of 0.34 is 85.3% below this benchmark. Historically, Goldgroup Mining's own Quick Ratio has ranged from 0.09 to 1.03 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 2.32, Goldgroup Mining 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 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. Goldgroup Mining's current Quick Ratio of 0.34 is 85.3% 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 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 Goldgroup Mining 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. Goldgroup Mining's current Quick Ratio is 0.34, which is 42% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldgroup Mining stock overvalued right now?
Goldgroup Mining (MEX:GGA N) has a current Quick Ratio of 0.34. The stock's GF Value™ is MXN0.03, compared to a current price of MXN0.33 — trading 1000% above its estimated fair value. The current Quick Ratio is 0.34, which is 42% above median its 10-year median of 0.24 and 85.3% below the Metals & Mining industry median of 2.32. Goldgroup Mining's overall GF Score™ is 33/100 with 6 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 Goldgroup Mining (MEX:GGA N), the current Quick Ratio is 0.34 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.
Is Goldgroup Mining (MEX:GGA N) Overvalued in 2026?
Based on GuruFocus' analysis, Goldgroup Mining stock appears to be overvalued.
The current stock price of MXN0.33 is trading 1000% above its estimated GF Value™ of MXN0.03.
Key valuation signals for MEX:GGA N:
Quick Ratio: 0.34 (42% above median its 10-year median of 0.24)
GF Value™: MXN0.03 vs. price of MXN0.33 (1000% above fair value)
Industry Position: 85.3% below the Metals & Mining median (#2261 of 2638)
No single metric tells the full story. See the MEX:GGA N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goldgroup Mining Inc is focused on the acquisition, exploration and development of stage gold-bearing mineral properties in the Americas. The Companies current gold production and exploration and development related activities are conducted in Mexico. It property portfolio include Cerro Prieto project in Sonora and Pinos Project.
33GF Score
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