SIREF (Sirios Resources) Altman Z2-Score: 14.57 (As of Jun. 24, 2026) — 19% Below Median


SIREF Sirios Resources Inc SIREF
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What is Sirios Resources Altman Z2-Score?

Sirios Resources SIREF +0.02% 24 Altman Z2-Score is 14.57 as of Jun. 24, 2026, which is 19% below its 10-year median of 18.02. GuruFocus rates SIREF with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 2,618 Metals & Mining companies, Sirios Resources ranks better than 78.92% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Good Sign:

Sirios Resources has a Altman Z2-Score of 14.57, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Sirios Resources's Altman Z2-Score or its related term are showing as below:

SIREF' s Altman Z2-Score Range Over the Past 10 Years
Min: 7.41   Med: 18.02   Max: 55.76
Current: 14.57

During the past 13 years, Sirios Resources's highest Altman Z2-Score was 55.76. The lowest was 7.41. And the median was 18.02.


Sirios Resources  (OTCPK:SIREF) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Sirios Resources Altman Z2-Score Related Terms


Sirios Resources Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Sirios Resources's Altman Z2-Score 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.

Sirios Resources Altman Z2-Score Chart

Sirios Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.86 19.34 10.53 15.04 7.41

Sirios Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-Score 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 14.37 7.41 11.99 15.77 14.57

SIREF vs NEM, AU: Altman Z2-Score Comparison

For the Gold subindustry, Sirios Resources's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score 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.


Sirios Resources Altman Z2-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sirios Resources's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Sirios Resources's Altman Z2-Score falls into.


SIREF
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Sirios Resources Inc SIREF
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Sirios Resources Altman Z2-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Sirios Resources's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.2611+3.26*-0.3647+6.72*-0.0267+1.05*13.5505
=14.57

* 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. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $68.08 Mil.
Total Current Assets was $20.94 Mil.
Total Current Liabilities was $3.16 Mil.
Retained Earnings was $-24.83 Mil.
Pre-Tax Income was -0.848 + -0.57 + -0.08 + -0.325 = $-1.82 Mil.
Interest Expense was -0.001 + -0.001 + -0.001 + -0.001 = $-0.00 Mil.
Total Liabilities was $4.68 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(20.937 - 3.159)/68.082
=0.2611

X2=Retained Earnings/Total Assets
=-24.832/68.082
=-0.3647

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.823 - -0.004)/68.082
=-0.0267

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(63.403 - 0)/4.679
=13.5505

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Sirios Resources has a Altman Z2-Score of 14.57 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 14.57 mean?
Sirios Resources (SIREF) has a Altman Z2-Score of 14.57 as of Jun. 24, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Sirios Resources and its competitors. This is 19% below median its historical median of 18.02. Over the past decade, Sirios Resources' Altman Z2-Score has ranged from 7.41 to 55.76. According to the industry distribution chart, Sirios Resources ranks #552 out of 2618 companies in the Metals & Mining industry, placing it in the top 21.1%.
Is Sirios Resources' Altman Z2-Score too high?
Sirios Resources' current Altman Z2-Score of 14.57 is 19% below median its 10-year median of 18.02. Over the past 10 years, this metric has ranged from a low of 7.41 to a high of 55.76. The Metals & Mining industry median Altman Z2-Score is 2.14. Sirios Resources' value of 14.57 is 582.4% above this industry median. Based on the distribution chart, Sirios Resources ranks #552 out of 2618 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Sirios Resources has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Sirios Resources' Altman Z2-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Sirios Resources ranks #552 out of 2618 companies for Altman Z2-Score. This places Sirios Resources in the top 21% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.14. Sirios Resources' value of 14.57 is 582.4% above this benchmark. Historically, Sirios Resources' own Altman Z2-Score has ranged from 7.41 to 55.76 over the past decade. While the company's 10-year median is 18.02 vs. the industry median of 2.14, Sirios 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 Altman Z2-Score for a Metals & Mining company?
The median Altman Z2-Score among Metals & Mining companies is 2.14, based on 2,618 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sirios Resources's current Altman Z2-Score of 14.57 is 582.4% 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 Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Sirios Resources and its competitors. For the Metals & Mining industry, the median Altman Z2-Score is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sirios Resources's current Altman Z2-Score is 14.57, which is 19% below median its own 10-year median of 18.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirios Resources stock overvalued right now?
Sirios Resources (SIREF) has a current Altman Z2-Score of 14.57. The current Altman Z2-Score is 14.57, which is 19% below median its 10-year median of 18.02 and 582.4% above the Metals & Mining industry median of 2.14. Sirios Resources' overall GF Score™ is 24/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Sirios Resources (SIREF), the current Altman Z2-Score is 14.57 as of Jun. 24, 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.

Sirios Resources Business Description

Other Exchanges 377A:GermanySOI:Canada
Address 1400 Marie-Victorin,, Bureau 210, Saint-Bruno-De-Montarville, QC, CAN, J3V 6B9
Sirios Resources Inc. is engaged in the exploration and evaluation of mineral resources. The company aims to discover world-class gold deposits in the James Bay region of Quebec, Canada, and focuses on developing its owned Cheechoo Gold Property, located in Eeyou Istchee James Bay, Canada. It owns several projects, including Cheechoo, located north of Matagami in Quebec's James Bay region; Aquilon, near the LA-1 hydro-electric complex in the James Bay area (Qc); Niska in James Bay (Qc); Tilly 2 in the James Bay area (Qc); Maskwa, east of Wemindji in the James Bay area (Qc); Fagnan in the James Bay area (Qc); and Li-52 in the James Bay area (Qc).
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