Athena Gold (AHNRF) Equity Ratio (2010 - 2025)
Athena Gold (AHNRF) reported Equity Ratio of 0.86 for Q4 2025, down 2.49% on a YoY basis from 0.88 in Q4 2024, and down 7.09% quarter-over-quarter from 0.92 in Q3 2025.
Athena Gold (AHNRF) Equity Ratio (2010 - 2025) Analysis & Trends
Athena Gold has reported Equity Ratio for 16 years, with the latest figure at 0.86 in Q4 2025.
- For the quarter ending Q4 2025, Equity Ratio fell 2.49% year-over-year to 0.86; the trailing twelve-month figure through Dec 2025 stood at 0.86 (down 2.49% YoY), and the FY2025 full-year result was 0.86, down 2.49% from the prior year.
- Equity Ratio for Q4 2025 stood at 0.86, down from 0.92 in the prior quarter.
- The five-year high for Equity Ratio was 0.94 in Q4 2023, with the low at 1.0 in Q3 2021.
- Historically, Equity Ratio has averaged 0.68 across 5 years, with a median of 0.86 in 2024.
- Annual changes were most pronounced in 2022 — Equity Ratio soared 388.86% — and 2024, when it declined 6.09%.
- Athena Gold's Equity Ratio stood at 0.82 in 2021, then slipped by 3.58% to 0.79 in 2022, then grew by 17.89% to 0.94 in 2023, then decreased by 6.09% to 0.88 in 2024, then dropped by 2.49% to 0.86 in 2025.
- The last three Equity Ratio figures came in at 0.86 (Q4 2025), 0.92 (Q3 2025), and 0.9 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals | 37.84 Bn | 37.77 Bn | 77.21 Mn | 0.97 |
| 2 | Buenaventura Mining | 10.77 Bn | 10.77 Bn | - | 0.71 |
| 3 | Hecla Mining | 9.72 Bn | 9.11 Bn | 253.26 Mn | 0.76 |
| 4 | Perpetua Resources | 2.83 Bn | 2.83 Bn | - | 0.95 |
| 5 | Versamet Royalties | 2.41 Bn | 2.40 Bn | - | 0.56 |
| 6 | Metalla Royalty & Streaming | 2.10 Bn | 2.09 Bn | 2.79 Mn | - |
| 7 | Sibanye Stillwater | 1.84 Bn | 838.91 Mn | - | - |
| 8 | Avino Silver & Gold Mines | 1.57 Bn | 1.43 Bn | - | 0.86 |
| 9 | Solaris Resources | 1.41 Bn | 1.39 Bn | - | -0.97 |
| 10 | Athena Gold | - | - | - | 0.86 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.86 |
| Sep 30, 2025 | 0.92 |
| Jun 30, 2025 | 0.90 |
| Mar 31, 2025 | 0.92 |
| Dec 31, 2024 | 0.88 |
| Sep 30, 2024 | 0.86 |
| Jun 30, 2024 | 0.88 |
| Mar 31, 2024 | 0.88 |
| Dec 31, 2023 | 0.94 |
| Sep 30, 2023 | 0.90 |
| Jun 30, 2023 | 0.77 |
| Mar 31, 2023 | 0.84 |
| Dec 31, 2022 | 0.79 |
| Sep 30, 2022 | 0.84 |
| Jun 30, 2022 | 0.77 |
| Mar 31, 2022 | 0.88 |
| Dec 31, 2021 | 0.82 |
| Sep 30, 2021 | -1.00 |
| Jun 30, 2021 | -0.28 |
| Mar 31, 2021 | 0.18 |