New Age MetalsTSXV:NAM +7.55%36 Quick Ratio is 28.14 as of Jan. 2026, which is 39% above its 10-year median of 20.27. GuruFocus rates TSXV:NAM with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 2,637 Metals & Mining companies, New Age Metals ranks better than 92.68% 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. New Age Metals's quick ratio for the quarter that ended in Jan. 2026 was 28.14.
New Age Metals has a quick ratio of 28.14. It generally indicates good short-term financial strength.
The historical rank and industry rank for New Age Metals's Quick Ratio or its related term are showing as below:
TSXV:NAM'
s Quick Ratio Range Over the Past 10 Years
Min: 3.22 Med: 20.27 Max: 76.6
Current: 28.14
During the past 13 years, New Age Metals's highest Quick Ratio was 76.60. The lowest was 3.22. And the median was 20.27.
TSXV:NAM's Quick Ratio is ranked better than 92.68% of 2637
companies
in the Metals & Mining industry
Industry Median: 2.32
vs TSXV:NAM: 28.14
New Age Metals (TSXV:NAM) 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.
New Age Metals Quick Ratio Related Terms
New Age Metals Quick Ratio Historical Data
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The historical data trend for New Age Metals'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 Industrial Metals & Mining subindustry, New Age Metals'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.
New Age Metals Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, New Age Metals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where New Age Metals'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.
New Age Metals's Quick Ratio for the fiscal year that ended in Apr. 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.
New Age Metals (TSXV:NAM) has a Quick Ratio of 28.14 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on New Age Metals and its competitors. This is 39% above median its historical median of 20.27. Over the past decade, New Age Metals' Quick Ratio has ranged from 3.22 to 76.60. According to the industry distribution chart, New Age Metals ranks #193 out of 2637 companies in the Metals & Mining industry, placing it in the top 7.3%.
Is New Age Metals' Quick Ratio too high?
New Age Metals' current Quick Ratio of 28.14 is 39% above median its 10-year median of 20.27. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 76.60. The Metals & Mining industry median Quick Ratio is 2.32. New Age Metals' value of 28.14 is 1112.9% above this industry median. Based on the distribution chart, New Age Metals ranks #193 out of 2637 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, New Age Metals has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does New Age Metals' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, New Age Metals ranks #193 out of 2637 companies for Quick Ratio. This places New Age Metals in the top 7% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. New Age Metals' value of 28.14 is 1112.9% above this benchmark. Historically, New Age Metals' own Quick Ratio has ranged from 3.22 to 76.60 over the past decade. While the company's 10-year median is 20.27 vs. the industry median of 2.32, New Age Metals 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 2,637 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. New Age Metals's current Quick Ratio of 28.14 is 1112.9% 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 New Age Metals 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. New Age Metals's current Quick Ratio is 28.14, which is 39% above median its own 10-year median of 20.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Age Metals stock overvalued right now?
New Age Metals (TSXV:NAM) has a current Quick Ratio of 28.14. The current Quick Ratio is 28.14, which is 39% above median its 10-year median of 20.27 and 1112.9% above the Metals & Mining industry median of 2.32. New Age Metals' overall GF Score™ is 36/100 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 New Age Metals (TSXV:NAM), the current Quick Ratio is 28.14 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.
New Age Metals Inc is a mineral exploration company focused on the acquisition, exploration, and development of Platinum Group Metals (PGMs), precious metals, base metals, and strategic critical metals, including lithium, antimony, and high-purity iron ore. The company's project portfolio comprises the River Valley Palladium project, located in the Sudbury Region of Ontario; several lithium projects such as Lithium One, Lithium Two, Litham West, Cat Lake Lithium, Litham East, Litham East Extension, and Litham North, located northeast of Winnipeg, Manitoba; the Alaska Genesis project; and the Newfoundland portfolio, which includes eight wholly owned properties in Canada's mineral exploration belts. The company's operations are carried out in Canada and the United States.
36GF Score
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