Northern Minerals & Exploration (NMEX) Debt to Equity (2010 - 2026)
Northern Minerals & Exploration's (NMEX) quarterly Debt to Equity came in at -$0.11 in Q1 2026, up 72.44% year-on-year from -$0.06 in Q1 2025, and up 18.85% quarter-over-quarter from -$0.13 in Q4 2025.
Northern Minerals & Exploration (NMEX) Debt to Equity (2010 - 2026) Analysis & Trends
Northern Minerals & Exploration has disclosed Debt to Equity across 17 years of filings, most recently posting -$0.11 for Q1 2026.
- Debt to Equity for Q1 2026 came in at -$0.11, up 72.44% year-over-year; the trailing twelve-month figure through Jan 2026 was -$0.11 (up 72.44% YoY), and the FY2025 annual result was -$0.17, up 78.17% from the prior year.
- Debt to Equity came in at -$0.11 for Q1 2026 at Northern Minerals & Exploration, up from -$0.13 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of -$0.11 in Q1 2026 to a low of -$5.93 in Q2 2025.
- The 5-year median for Debt to Equity is -$0.31 (2024), against an average of -$0.71.
- Peak annual rise in Debt to Equity reached 78.17% in 2025, while the deepest fall reached 1526.0% in 2025.
- Northern Minerals & Exploration's Debt to Equity stood at -$0.16 in 2022, then sank by 75.99% to -$0.29 in 2023, then decreased by 9.05% to -$0.31 in 2024, then soared by 56.84% to -$0.13 in 2025, then increased by 18.85% to -$0.11 in 2026.
- The last three Debt to Equity figures came in at -$0.11 (Q1 2026), -$0.13 (Q4 2025), and -$0.17 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals | 37.84 Bn | 37.77 Bn | 77.21 Mn | - |
| 2 | Buenaventura Mining | 10.77 Bn | 10.77 Bn | - | 0.17 |
| 3 | Hecla Mining | 9.72 Bn | 9.11 Bn | 253.26 Mn | 0.11 |
| 4 | Perpetua Resources | 2.83 Bn | 2.83 Bn | - | - |
| 5 | Versamet Royalties | 2.41 Bn | 2.40 Bn | - | 0.60 |
| 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 | - | 0.00 |
| 9 | Solaris Resources | 1.41 Bn | 1.39 Bn | - | - |
| 10 | Northern Minerals & Exploration | - | - | 1,891.00 | -0.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -0.11 |
| Oct 31, 2025 | -0.13 |
| Jul 31, 2025 | -0.17 |
| Apr 30, 2025 | -5.93 |
| Jan 31, 2025 | -0.40 |
| Oct 31, 2024 | -0.31 |
| Jul 31, 2024 | -0.79 |
| Apr 30, 2024 | -0.36 |
| Jan 31, 2024 | -0.32 |
| Oct 31, 2023 | -0.29 |
| Jul 31, 2023 | -0.98 |
| Apr 30, 2023 | -0.17 |
| Jan 31, 2023 | -0.17 |
| Oct 31, 2022 | -0.16 |
| Jul 31, 2022 | -0.36 |
| Oct 31, 2021 | -0.18 |
| Jul 31, 2021 | -0.04 |
| Apr 30, 2021 | -0.18 |
| Jan 31, 2021 | -0.15 |
| Oct 31, 2020 | -0.17 |