Provenance GoldPVGDF -1.57%34 Quick Ratio is 10.41 as of Dec. 2025, which is 361% above its 10-year median of 2.26. GuruFocus rates PVGDF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Provenance Gold ranks better than 79.64% 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. Provenance Gold's quick ratio for the quarter that ended in Dec. 2025 was 10.41.
Provenance Gold has a quick ratio of 10.41. It generally indicates good short-term financial strength.
The historical rank and industry rank for Provenance Gold's Quick Ratio or its related term are showing as below:
PVGDF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.09 Med: 2.26 Max: 10.42
Current: 10.42
During the past 11 years, Provenance Gold's highest Quick Ratio was 10.42. The lowest was 0.09. And the median was 2.26.
PVGDF's Quick Ratio is ranked better than 79.64% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs PVGDF: 10.42
Provenance Gold (OTCPK:PVGDF) 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.
Provenance Gold Quick Ratio Related Terms
Provenance Gold Quick Ratio Historical Data
* Premium members only.
The historical data trend for Provenance Gold'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 Other Precious Metals & Mining subindustry, Provenance Gold'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.
Provenance Gold Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Provenance Gold's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Provenance Gold'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.
Provenance Gold'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.
Provenance Gold (PVGDF) has a Quick Ratio of 10.41 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Provenance Gold and its competitors. This is 361% above median its historical median of 2.26. Over the past decade, Provenance Gold's Quick Ratio has ranged from 0.09 to 10.42. According to the industry distribution chart, Provenance Gold ranks #537 out of 2638 companies in the Metals & Mining industry, placing it in the top 20.4%.
Is Provenance Gold's Quick Ratio too high?
Provenance Gold's current Quick Ratio of 10.41 is 361% above median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 10.42. The Metals & Mining industry median Quick Ratio is 2.32. Provenance Gold's value of 10.41 is 348.7% above this industry median. Based on the distribution chart, Provenance Gold ranks #537 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Provenance Gold has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Provenance Gold's Quick Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Provenance Gold ranks #537 out of 2638 companies for Quick Ratio. This places Provenance Gold in the top 20% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Provenance Gold's value of 10.41 is 348.7% above this benchmark. Historically, Provenance Gold's own Quick Ratio has ranged from 0.09 to 10.42 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 2.32, Provenance Gold 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. Provenance Gold's current Quick Ratio of 10.41 is 348.7% 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 Provenance Gold 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. Provenance Gold's current Quick Ratio is 10.41, which is 361% above median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Provenance Gold stock overvalued right now?
Provenance Gold (PVGDF) has a current Quick Ratio of 10.41. The current Quick Ratio is 10.41, which is 361% above median its 10-year median of 2.26 and 348.7% above the Metals & Mining industry median of 2.32. Provenance Gold's overall GF Score™ is 34/100 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 Provenance Gold (PVGDF), the current Quick Ratio is 10.41 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.
Provenance Gold Corp is a junior exploration company, that engages in the identification, acquisition, and exploration of mineral interests in Canada. The company explores gold and other precious materials. The company holds an interest in White Rock, Eldorado, and Silver Bow. It has a single industry segment being the acquisition, exploration and development of mineral properties.
34GF Score
Get the complete analysis for PVGDF
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
PVGDF has been successfully added to your 
