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| Date | Value |
|---|---|
| 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 |