MMNGF (Metallic Minerals) Quick Ratio: 6.01 (As of Jan. 2026) — 19% Above Median


MMNGF Metallic Minerals Corp MMNGF
33 GF Score
Price $0.14
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What is Metallic Minerals Quick Ratio?

Metallic Minerals MMNGF -4.36% 33 Quick Ratio is 6.01 as of Jan. 2026, which is 19% above its 10-year median of 5.05. GuruFocus rates MMNGF with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Metallic Minerals ranks better than 70.02% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Metallic Minerals's quick ratio for the quarter that ended in Jan. 2026 was 6.01.

Metallic Minerals has a quick ratio of 6.01. It generally indicates good short-term financial strength.

The historical rank and industry rank for Metallic Minerals's Quick Ratio or its related term are showing as below:

MMNGF' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 5.05   Max: 28.13
Current: 6.01

During the past 13 years, Metallic Minerals's highest Quick Ratio was 28.13. The lowest was 0.01. And the median was 5.05.

MMNGF's Quick Ratio is ranked better than
70.02% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs MMNGF: 6.01

Metallic Minerals  (OTCPK:MMNGF) 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.


Metallic Minerals Quick Ratio Related Terms


Metallic Minerals Quick Ratio Historical Data

* Premium members only.

The historical data trend for Metallic Minerals'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.

Metallic Minerals Quick Ratio Chart

Metallic Minerals Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.14 7.73 10.30 3.66 3.85

Metallic Minerals Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Quick Ratio 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 1.14 0.88 3.85 5.09 6.01

MMNGF vs HL: Quick Ratio Comparison

For the Other Precious Metals & Mining subindustry, Metallic Minerals'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.


Metallic Minerals Quick Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Metallic Minerals's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Metallic Minerals's Quick Ratio falls into.


MMNGF
33GF Score
Metallic Minerals Corp MMNGF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Metallic Minerals Quick Ratio Calculation

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.

Metallic Minerals's Quick Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Quick Ratio (A: Jul. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4.069-0)/1.056
=3.85

Metallic Minerals's Quick Ratio for the quarter that ended in Jan. 2026 is calculated as

Quick Ratio (Q: Jan. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.579-0)/0.429
=6.01

* 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 Quick Ratio →
What does a Quick Ratio of 6.01 mean?
Metallic Minerals (MMNGF) has a Quick Ratio of 6.01 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Metallic Minerals and its competitors. This is 19% above median its historical median of 5.05. Over the past decade, Metallic Minerals' Quick Ratio has ranged from 0.01 to 28.13. According to the industry distribution chart, Metallic Minerals ranks #791 out of 2638 companies in the Metals & Mining industry, placing it in the top 30%.
Is Metallic Minerals' Quick Ratio too high?
Metallic Minerals' current Quick Ratio of 6.01 is 19% above median its 10-year median of 5.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 28.13. The Metals & Mining industry median Quick Ratio is 2.32. Metallic Minerals' value of 6.01 is 159.1% above this industry median. Based on the distribution chart, Metallic Minerals ranks #791 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Metallic Minerals has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Metallic Minerals' Quick Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Metallic Minerals ranks #791 out of 2638 companies for Quick Ratio. This puts Metallic Minerals in the upper half of its industry. The industry median Quick Ratio is 2.32. Metallic Minerals' value of 6.01 is 159.1% above this benchmark. Historically, Metallic Minerals' own Quick Ratio has ranged from 0.01 to 28.13 over the past decade. While the company's 10-year median is 5.05 vs. the industry median of 2.32, Metallic Minerals 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. Metallic Minerals's current Quick Ratio of 6.01 is 159.1% 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 Metallic Minerals 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. Metallic Minerals's current Quick Ratio is 6.01, which is 19% above median its own 10-year median of 5.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metallic Minerals stock overvalued right now?
Metallic Minerals (MMNGF) has a current Quick Ratio of 6.01. The current Quick Ratio is 6.01, which is 19% above median its 10-year median of 5.05 and 159.1% above the Metals & Mining industry median of 2.32. Metallic Minerals' overall GF Score™ is 33/100 with 1 warning sign 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 Metallic Minerals (MMNGF), the current Quick Ratio is 6.01 as of Jan. 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.

Metallic Minerals Business Description

Other Exchanges 9MM1:GermanyMMG:Canada
Address 409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2
Metallic Minerals Corp. is an exploration-stage mineral company engaged in the acquisition and exploration of mineral properties. The Company operates as a single reportable segment focused on mineral property acquisition and exploration. Its current projects include the La Plata Project in Colorado, the Keno Silver Project, the Klondike Gold Project comprising royalty and alluvial properties, and the McKay Hill Project, all of which remain in the exploration stage. The Company's geographical presence includes Canada, mainly the Yukon Territory, and the United States through its exploration activities in Colorado.
33GF Score

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