Metalore Resources (TSXV:MET) Quick Ratio: 39.75 (As of Mar. 2026) — 32% Above Median

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TSXV:MET Metalore Resources Ltd TSXV:MET
64 GF Score
Price C$2.31
GF Value C$3.82
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Metalore Resources Quick Ratio?

Metalore Resources TSXV:MET 64 Quick Ratio is 39.75 as of Mar. 2026, which is 32% above its 10-year median of 30.20. GuruFocus rates TSXV:MET with a GF Score™ of 64/100 and a GF Value™ of C$3.82 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,012 Oil & Gas companies, Metalore Resources ranks better than 98.32% 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. Metalore Resources's quick ratio for the quarter that ended in Mar. 2026 was 39.75.

Metalore Resources has a quick ratio of 39.75. It generally indicates good short-term financial strength.

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

TSXV:MET' s Quick Ratio Range Over the Past 10 Years
Min: 5.1   Med: 30.2   Max: 78.27
Current: 39.75

During the past 13 years, Metalore Resources's highest Quick Ratio was 78.27. The lowest was 5.10. And the median was 30.20.

TSXV:MET's Quick Ratio is ranked better than
98.32% of 1012 companies
in the Oil & Gas industry
Industry Median: 1.11 vs TSXV:MET: 39.75

Metalore Resources  (TSXV:MET) 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.


Metalore Resources Quick Ratio Related Terms


Metalore Resources Quick Ratio Historical Data

* Premium members only.

The historical data trend for Metalore 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.

Metalore Resources Quick Ratio Chart

Metalore Resources Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.67 36.99 78.27 23.41 39.75

Metalore Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 23.41 24.16 57.58 50.02 39.75

TSXV:MET vs ALTX, CRCE, CNNEQ: Quick Ratio Comparison

For the Oil & Gas E&P subindustry, Metalore 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.


Metalore Resources Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Metalore Resources's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Metalore Resources's Quick Ratio falls into.


TSXV:MET
64GF Score
Metalore Resources Ltd TSXV:MET
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metalore Resources 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.

Metalore Resources's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(6.159-0.038)/0.154
=39.75

Metalore Resources's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(6.159-0.038)/0.154
=39.75

* 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 39.75 mean?
Metalore Resources (TSXV:MET) has a Quick Ratio of 39.75 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Metalore Resources and its competitors. This is 32% above median its historical median of 30.20. Over the past decade, Metalore Resources' Quick Ratio has ranged from 5.10 to 78.27. According to the industry distribution chart, Metalore Resources ranks #17 out of 1012 companies in the Oil & Gas industry, placing it in the top 1.7%.
Is Metalore Resources' Quick Ratio too high?
Metalore Resources' current Quick Ratio of 39.75 is 32% above median its 10-year median of 30.20. Over the past 10 years, this metric has ranged from a low of 5.10 to a high of 78.27. The Oil & Gas industry median Quick Ratio is 1.11. Metalore Resources' value of 39.75 is 3481.1% above this industry median. Based on the distribution chart, Metalore Resources ranks #17 out of 1012 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Metalore Resources has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metalore Resources' Quick Ratio compare to ALTX and CRCE?
According to the Oil & Gas industry distribution chart, Metalore Resources ranks #17 out of 1012 companies for Quick Ratio. This places Metalore Resources in the top 2% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Metalore Resources' value of 39.75 is 3481.1% above this benchmark. Historically, Metalore Resources' own Quick Ratio has ranged from 5.10 to 78.27 over the past decade. While the company's 10-year median is 30.20 vs. the industry median of 1.11, Metalore Resources 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 an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,012 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. Metalore Resources's current Quick Ratio of 39.75 is 3481.1% 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 Metalore Resources and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalore Resources's current Quick Ratio is 39.75, which is 32% above median its own 10-year median of 30.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalore Resources stock overvalued right now?
Based on GuruFocus' analysis, Metalore Resources (TSXV:MET) is currently considered Significantly Undervalued. The stock's GF Value™ is C$3.82, compared to a current price of C$2.31 — trading 39.5% below its estimated fair value. The current Quick Ratio is 39.75, which is 32% above median its 10-year median of 30.20 and 3481.1% above the Oil & Gas industry median of 1.11. Metalore Resources' overall GF Score™ is 64/100 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 Metalore Resources (TSXV:MET), the current Quick Ratio is 39.75 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 Metalore Resources (TSXV:MET) Overvalued in 2026?

Based on GuruFocus' analysis, Metalore Resources stock appears to be undervalued. The current stock price of C$2.31 is trading 39.5% below its estimated GF Value™ of C$3.82. GuruFocus considers Metalore Resources to be Significantly Undervalued.

Key valuation signals for TSXV:MET:

  • Quick Ratio: 39.75 (32% above median its 10-year median of 30.20)
  • GF Value™: C$3.82 vs. price of C$2.31 (39.5% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 3481.1% above the Oil & Gas median (#17 of 1012)

No single metric tells the full story. See the TSXV:MET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metalore Resources Business Description

Industry EnergyOil & Gas
Other Exchanges MTLRF:USA
Address 124 Norfolk Street North, Suite 422, Simcoe, ON, CAN, N3Y 3N8
Metalore Resources Ltd is a Canada-based resource company focused on natural gas production and gold exploration. It owns and controls petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company's properties for gold exploration include Paint LakeProperty and Brookbank Jv Properties. It generates the majority of its revenue from the sale of natural gas.
64GF Score

Get the complete analysis for TSXV:MET

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.31
Price
C$3.82
GF Value