Torex Gold ResourcesTORXF -1.50%91 Quick Ratio is 0.82 as of Mar. 2026, which is 25% below its 10-year median of 1.09. GuruFocus rates TORXF with a GF Score™ of 91/100 and a GF Value™ of $33.25 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,637 Metals & Mining companies, Torex Gold Resources ranks worse than 73.38% on this metric.
Torex Gold Resources has a quick ratio of 0.82. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Torex Gold Resources's Quick Ratio or its related term are showing as below:
TORXF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.51 Med: 1.09 Max: 2.34
Current: 0.82
During the past 13 years, Torex Gold Resources's highest Quick Ratio was 2.34. The lowest was 0.51. And the median was 1.09.
TORXF's Quick Ratio is ranked worse than 73.38% of 2637
companies
in the Metals & Mining industry
Industry Median: 2.32
vs TORXF: 0.82
Torex Gold Resources (OTCPK:TORXF) 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.
Torex Gold Resources Quick Ratio Related Terms
Torex Gold Resources Quick Ratio Historical Data
* Premium members only.
The historical data trend for Torex Gold Resources'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, Torex Gold 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.
Torex Gold Resources Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Torex Gold Resources's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Torex Gold 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.
Torex Gold Resources'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.
Torex Gold Resources (TORXF) has a Quick Ratio of 0.82 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Torex Gold Resources and its competitors. This is 25% below median its historical median of 1.09. Over the past decade, Torex Gold Resources' Quick Ratio has ranged from 0.51 to 2.34. According to the industry distribution chart, Torex Gold Resources ranks #1935 out of 2637 companies in the Metals & Mining industry, placing it in the top 73.4%.
Is Torex Gold Resources' Quick Ratio too high?
Torex Gold Resources' current Quick Ratio of 0.82 is 25% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.34. The Metals & Mining industry median Quick Ratio is 2.32. Torex Gold Resources' value of 0.82 is 64.7% below this industry median. Based on the distribution chart, Torex Gold Resources ranks #1935 out of 2637 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Torex Gold Resources has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Torex Gold Resources' Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Torex Gold Resources ranks #1935 out of 2637 companies for Quick Ratio. This places Torex Gold Resources in the lower half of its industry. The industry median Quick Ratio is 2.32. Torex Gold Resources' value of 0.82 is 64.7% below this benchmark. Historically, Torex Gold Resources' own Quick Ratio has ranged from 0.51 to 2.34 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 2.32, Torex Gold Resources 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 2,637 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. Torex Gold Resources's current Quick Ratio of 0.82 is 64.7% 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 Torex Gold 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. Torex Gold Resources's current Quick Ratio is 0.82, which is 25% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torex Gold Resources stock overvalued right now?
Based on GuruFocus' analysis, Torex Gold Resources (TORXF) is currently considered Modestly Overvalued. The stock's GF Value™ is $33.25, compared to a current price of $39.61 — trading 19.1% above its estimated fair value. The current Quick Ratio is 0.82, which is 25% below median its 10-year median of 1.09 and 64.7% below the Metals & Mining industry median of 2.32. Torex Gold Resources' overall GF Score™ is 91/100 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 Torex Gold Resources (TORXF), the current Quick Ratio is 0.82 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 Torex Gold Resources (TORXF) Overvalued in 2026?
Based on GuruFocus' analysis, Torex Gold Resources stock appears to be overvalued.
The current stock price of $39.61 is trading 19.1% above its estimated GF Value™ of $33.25.
GuruFocus considers Torex Gold Resources to be Modestly Overvalued.
Key valuation signals for TORXF:
Quick Ratio: 0.82 (25% below median its 10-year median of 1.09)
GF Value™: $33.25 vs. price of $39.61 (19.1% above fair value)
Industry Position: 64.7% below the Metals & Mining median (#1935 of 2637)
No single metric tells the full story. See the TORXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Torex Gold Resources Inc is a Canadian mining company engaged in the exploration, development, and production of gold, copper, and silver from its flagship Morelos Complex in Guerrero, Mexico. It also owns the Los Reyes gold-silver project in Sinaloa, Mexico, and has acquired a portfolio of early-stage exploration properties, including the Batopilas and Guigui projects in Chihuahua, Mexico, and the Gryphon and Medicine Springs projects in Nevada, USA. The majority of the company's revenue is generated from the sale of gold, followed by silver and copper.
91GF Score
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