Northern Minerals & Exploration (NMEX) Debt Ratio (2010 - 2026)

Northern Minerals & Exploration's (NMEX) quarterly Debt Ratio came in at 0.18 in Q1 2026, down 95.19% year-on-year from 3.64 in Q1 2025, and down 22.19% quarter-over-quarter from 0.23 in Q4 2025.

Northern Minerals & Exploration (NMEX) Debt Ratio (2010 - 2026) Analysis & Trends

Northern Minerals & Exploration has disclosed Debt Ratio across 17 years of filings, most recently posting 0.18 for Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.18, down 95.19% year-over-year; the trailing twelve-month figure through Jan 2026 was 0.18 (down 95.19% YoY), and the FY2025 annual result was 0.24, down 92.67% from the prior year.
  • Debt Ratio came in at 0.18 for Q1 2026 at Northern Minerals & Exploration, down from 0.23 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 40.38 in Q4 2023 to a low of 0.18 in Q1 2026.
  • The 5-year median for Debt Ratio is 3.79 (2023), against an average of 10.3.
  • Across the five-year window, Debt Ratio soared 506.14% in 2023 and sank 97.21% in 2025, its largest moves.
  • Northern Minerals & Exploration's Debt Ratio stood at 28.31 in 2022, then jumped by 42.66% to 40.38 in 2023, then slumped by 80.02% to 8.07 in 2024, then tumbled by 97.21% to 0.23 in 2025, then declined by 22.19% to 0.18 in 2026.
  • The last three Debt Ratio figures came in at 0.18 (Q1 2026), 0.23 (Q4 2025), and 0.24 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Triple Flag Precious Metals 37.84 Bn 37.77 Bn 77.21 Mn -
2 Buenaventura Mining 10.77 Bn 10.77 Bn - 0.12
3 Hecla Mining 9.72 Bn 9.11 Bn 253.26 Mn 0.08
4 Perpetua Resources 2.83 Bn 2.83 Bn - -
5 Versamet Royalties 2.41 Bn 2.40 Bn - 0.34
6 Metalla Royalty & Streaming 2.10 Bn 2.09 Bn 2.79 Mn 0.04
7 Sibanye Stillwater 1.84 Bn 838.91 Mn - -
8 Avino Silver & Gold Mines 1.57 Bn 1.43 Bn - 0.00
9 Solaris Resources 1.41 Bn 1.39 Bn - -
10 Northern Minerals & Exploration - - 1,891.00 0.18

Historic Data

Download Data
DateValue
Jan 31, 2026 0.18
Oct 31, 2025 0.23
Jul 31, 2025 0.24
Apr 30, 2025 0.45
Jan 31, 2025 3.64
Oct 31, 2024 8.07
Jul 31, 2024 3.24
Apr 30, 2024 2.03
Jan 31, 2024 8.22
Oct 31, 2023 40.38
Jul 31, 2023 37.10
Apr 30, 2023 12.56
Jan 31, 2023 3.79
Oct 31, 2022 28.31
Jul 31, 2022 6.12
Oct 31, 2021 5.00
Jul 31, 2021 25.85
Apr 30, 2021 2.48
Jan 31, 2021 1.68
Oct 31, 2020 1.95