Goldgroup Mining Inc.

Goldgroup Mining Inc. - Current Ratioverified

GORO

Price:

$3.51

Market Cap:

$264.58M

Goldgroup Mining, Inc. is a Canadian-based gold production, development, and exploration company, which focuses on the acquisition, exploration, and development of gold-bearing mineral properties in the Americas. It holds interests in the Cerro Prieto and San Francisco projects. The company was founded by Gregg James Sedun and Thomas David Lamb on November 9, 1989 and is headquartered in Vancouver, Canada.

Industry

Other Precious Metals

IPO Date

2006-09-14

Stock Exchange

AMEX

Ticker

GORO

The Current Ratio as of September 2026 (TTM) for Goldgroup Mining Inc. (GORO) is 0.49

According to Goldgroup Mining Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.49. This represents a change of -76.53% compared to the average of 2.09 of the last 4 quarters.

Goldgroup Mining Inc. (GORO) Historical Current Ratio (quarterly & annually)

How has GORO Current Ratio performed in the past?

The mean historical Current Ratio of Goldgroup Mining Inc. over the last ten years is 2.34. The current 0.49 Current Ratio has changed 2.00% with respect to the historical average. Over the past ten years (40 quarters), GORO's Current Ratio was at its highest in in the September 2016 quarter at 3.89. The Current Ratio was at its lowest in in the June 2026 quarter at 0.49.

Quarterly (TTM)
Annual

Average

2.34

Median

2.16

Minimum

1.14

Maximum

3.55

Goldgroup Mining Inc. (GORO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Goldgroup Mining Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 149.39%

Maximum Annual Current Ratio = 3.55

Minimum Annual Increase = -51.07%

Minimum Annual Current Ratio = 1.14

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.85149.39%
20241.14-51.07%
20232.3425.26%
20221.87-5.98%
20211.99-44.01%
20203.5594.78%
20191.822.98%
20181.77-37.53%
20172.83-13.37%
20163.2749.30%

Goldgroup Mining Inc. (GORO) Average Current Ratio

How has GORO Current Ratio performed in the past?

The current Current Ratio of Goldgroup Mining Inc. (GORO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.11

5-year avg

2.04

10-year avg

2.34

Goldgroup Mining Inc. (GORO) Current Ratio vs. Peers

How is GORO’s Current Ratio compared to its peers?

Goldgroup Mining Inc.’s Current Ratio is greater than Namib Minerals (0.30), less than Brazil Potash Corp. (42.20), less than Atlas Lithium Corporation (2.43), less than Paramount Gold Nevada Corp. (3.08), less than Nexmetals Mining Corp. (5.16), less than 5E Advanced Materials Inc. (7.12), less than Fury Gold Mines Limited (21.45), less than Origin Materials, Inc. (2.66), less than Alto Ingredients, Inc. (3.19), less than Largo Inc. (0.54),

Build a custom stock screener for Goldgroup Mining Inc. (GORO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Goldgroup Mining Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Goldgroup Mining Inc. (GORO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Goldgroup Mining Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Goldgroup Mining Inc.'s Current Ratio?

How is the Current Ratio calculated for Goldgroup Mining Inc. (GORO)?

What is the highest Current Ratio for Goldgroup Mining Inc. (GORO)?

What is the 3-year average Current Ratio for Goldgroup Mining Inc. (GORO)?

What is the 5-year average Current Ratio for Goldgroup Mining Inc. (GORO)?

How does the current Current Ratio for Goldgroup Mining Inc. (GORO) compare to its historical average?