Northern Minerals & Exploration (NMEX) Asset Utilization Ratio (2015 - 2026)
Northern Minerals & Exploration (NMEX) posted Asset Utilization Ratio of 0.14 for Q2 2026, up 17.43% sequentially from 0.12 in Q1 2026.
Northern Minerals & Exploration (NMEX) Asset Utilization Ratio (2015 - 2026) Analysis & Trends
Northern Minerals & Exploration has reported Asset Utilization Ratio for 10 years, with the latest figure at 0.14 in Q2 2026.
- Quarterly Asset Utilization Ratio changed N/A year-over-year to 0.14 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.14 (changed N/A YoY) and the FY2025 annual result came in at 0.08, changed N/A from the prior year.
- Asset Utilization Ratio climbed to 0.14 in Q2 2026 per NMEX's latest filing, from 0.12 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.14 in Q2 2026 and troughed at 0.01 in Q1 2022.
- A 3-year average of 0.08 and a median of 0.08 in 2025 frame the typical range for Asset Utilization Ratio.
- The widest YoY moves for Asset Utilization Ratio: up 65.46% in 2022, down 65.46% in 2022.
- Over 3 years, Asset Utilization Ratio stood at 0.01 in 2022, then surged by 641.64% to 0.08 in 2025, then jumped by 69.28% to 0.14 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.14, 0.12, and 0.08 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 13.90 Bn | 13.42 Bn | 332.52 Mn | 0.49 |
| 2 | Buenaventura Mining | 8.96 Bn | 7.95 Bn | - | 0.50 |
| 3 | Triple Flag Precious Metals | 6.95 Bn | 6.94 Bn | 88.25 Mn | 0.19 |
| 4 | Perpetua Resources | 3.22 Bn | 3.22 Bn | - | - |
| 5 | Solaris Resources | 1.49 Bn | 1.43 Bn | - | - |
| 6 | Elemental Royalty | 1.43 Bn | 1.36 Bn | 15.71 Mn | 0.06 |
| 7 | McEwen | 1.26 Bn | 1.17 Bn | 20.08 Mn | 0.18 |
| 8 | Versamet Royalties | 1.14 Bn | 1.14 Bn | 13.99 Mn | 0.08 |
| 9 | Metalla Royalty & Streaming | 1.04 Bn | 1.03 Bn | 4.75 Mn | - |
| 10 | Northern Minerals & Exploration | 6.69 Mn | 6.67 Mn | 1,676.00 | 0.14 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 0.14 |
| Jan 31, 2026 | 0.12 |
| Oct 31, 2025 | 0.08 |
| Jul 31, 2025 | 0.04 |
| Jan 31, 2022 | 0.01 |
| Jul 31, 2021 | 0.02 |
| Apr 30, 2021 | 0.03 |
| Jan 31, 2021 | 0.03 |
| Oct 31, 2020 | 0.03 |
| Jul 31, 2020 | 0.05 |
| Apr 30, 2020 | 0.08 |
| Jan 31, 2020 | 0.20 |
| Oct 31, 2019 | 0.17 |
| Jul 31, 2019 | 0.11 |
| Apr 30, 2019 | -0.18 |
| Jan 31, 2019 | -0.14 |
| Oct 31, 2018 | -0.04 |
| Jul 31, 2018 | 0.00 |
| Apr 30, 2018 | 0.35 |
| Jan 31, 2018 | 0.41 |