Mining AmericasFRA:PYC 50 Altman Z-Score is 3.04 as of Jul. 02, 2026. GuruFocus rates FRA:PYC with a GF Score™ of 50/100 and a GF Value™ of €9.81 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 787 Metals & Mining companies, Mining Americas ranks worse than 54.13% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 3.09 is strong.
Mining Americas has a Altman Z-Score of 3.04, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Mining Americas's Altman Z-Score or its related term are showing as below:
FRA:PYC'
s Altman Z-Score Range Over the Past 10 Years
Min: -64.31 Med: -0.53 Max: 34.14
Current: 3.09
During the past 13 years, Mining Americas's highest Altman Z-Score was 34.14. The lowest was -64.31. And the median was -0.53.
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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
Mining Americas Altman Z-Score Related Terms
Mining Americas Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Mining Americas's Altman Z-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.
For the Gold subindustry, Mining Americas's Altman Z-Score, along with its competitors' market caps and Altman Z-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.
Mining Americas Altman Z-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mining Americas's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Mining Americas's Altman Z-Score falls into.
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.
Mining Americas's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
0.3593
+
1.4
*
-0.3747
+
3.3
*
0.0553
+
0.6
*
4.4178
+
1.0
*
0.2979
=
3.04
* 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 Z-Score when X4 or X5 value is 0.
Mining Americas (FRA:PYC) has a Altman Z-Score of 3.04 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mining Americas and its competitors. According to the industry distribution chart, Mining Americas ranks #426 out of 787 companies in the Metals & Mining industry, placing it in the top 54.1%.
Is Mining Americas' Altman Z-Score too high?
Mining Americas' current Altman Z-Score is 3.04. The Metals & Mining industry median Altman Z-Score is 3.37. Mining Americas' value of 3.04 is 9.8% below this industry median. Based on the distribution chart, Mining Americas ranks #426 out of 787 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Mining Americas has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mining Americas' Altman Z-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mining Americas ranks #426 out of 787 companies for Altman Z-Score. This places Mining Americas in the lower half of its industry. The industry median Altman Z-Score is 3.37. Mining Americas' value of 3.04 is 9.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for a Metals & Mining company?
The median Altman Z-Score among Metals & Mining companies is 3.37, based on 787 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mining Americas's current Altman Z-Score of 3.04 is 9.8% 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mining Americas and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mining Americas's current Altman Z-Score is 3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mining Americas stock overvalued right now?
Based on GuruFocus' analysis, Mining Americas (FRA:PYC) is currently considered Possible Value Trap. The stock's GF Value™ is €9.81, compared to a current price of €3.07 — trading 68.7% below its estimated fair value. The current Altman Z-Score is 3.04 and 9.8% below the Metals & Mining industry median of 3.37. Mining Americas' overall GF Score™ is 50/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Mining Americas (FRA:PYC), the current Altman Z-Score is 3.04 as of Jul. 02, 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 Mining Americas (FRA:PYC) Overvalued in 2026?
Based on GuruFocus' analysis, Mining Americas stock appears to be undervalued.
The current stock price of €3.07 is trading 68.7% below its estimated GF Value™ of €9.81.
GuruFocus considers Mining Americas to be Possible Value Trap.
Key valuation signals for FRA:PYC:
Altman Z-Score: 3.04
GF Value™: €9.81 vs. price of €3.07 (68.7% below fair value)
Industry Position: 9.8% below the Metals & Mining median (#426 of 787)
No single metric tells the full story. See the FRA:PYC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minera Alamos Inc is a junior mining and exploration company engaged directly and indirectly through its subsidiaries in the acquisition, exploration, and development of mineral properties located in Mexico. The Company operates in three business segment united States: producing and development assets located in Nevada and Arizona. Mexico: producing and development assets located in Sonora, Zacatecas, and Durango and Corporate: corporate administration, financing activities, and strategic oversight conducted in Canada.
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