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
DateValue
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