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

Northern Minerals & Exploration's (NMEX) quarterly Equity Ratio came in at 1.61 in Q1 2026, up 82.54% year-on-year from 0.88 in Q1 2025, and up 4.11% quarter-over-quarter from 1.68 in Q4 2025.

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

Northern Minerals & Exploration has disclosed Equity Ratio across 17 years of filings, most recently posting 1.61 for Q1 2026.

  • Equity Ratio for Q1 2026 came in at 1.61, up 82.54% year-over-year; the trailing twelve-month figure through Jan 2026 was 1.61 (up 82.54% YoY), and the FY2025 annual result was 1.38, up 66.42% from the prior year.
  • Equity Ratio came in at 1.61 for Q1 2026 at Northern Minerals & Exploration, up from 1.68 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.08 in Q2 2025 to a low of 174.53 in Q4 2022.
  • The 5-year median for Equity Ratio is 16.87 (2022), against an average of 33.53.
  • Across the five-year window, Equity Ratio slumped 515.72% in 2022 and surged 98.63% in 2025, its largest moves.
  • Northern Minerals & Exploration's Equity Ratio stood at 174.53 in 2022, then advanced by 18.94% to 141.48 in 2023, then jumped by 81.68% to 25.91 in 2024, then jumped by 93.53% to 1.68 in 2025, then rose by 4.11% to 1.61 in 2026.
  • The last three Equity Ratio figures came in at 1.61 (Q1 2026), 1.68 (Q4 2025), and 1.38 (Q3 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 Northern Minerals & Exploration - - 1,891.00 -1.61

Historic Data

Download Data
DateValue
Jan 31, 2026 -1.61
Oct 31, 2025 -1.68
Jul 31, 2025 -1.38
Apr 30, 2025 -0.08
Jan 31, 2025 -9.20
Oct 31, 2024 -25.91
Jul 31, 2024 -4.10
Apr 30, 2024 -5.56
Jan 31, 2024 -25.53
Oct 31, 2023 -141.48
Jul 31, 2023 -37.84
Apr 30, 2023 -74.39
Jan 31, 2023 -22.25
Oct 31, 2022 -174.53
Jul 31, 2022 -16.87
Apr 30, 2022 -19.40
Jan 31, 2022 -8.20
Oct 31, 2021 -28.35
Jul 31, 2021 -616.57
Apr 30, 2021 -14.19