Mexican Gold Mining Corp.

Mexican Gold Mining Corp.verified

MEXGF

Price:

$0.0992

Market Cap:

$3.28M

Mexican Gold Mining Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of resource properties in Mexico. The company primarily explores for gold and copper deposits. It holds a 100% interest in the Las Minas project that consists of six mineral concessions located in the Las Minas district in the state of Veracruz, Mexico. The company was formerly known as Mexican Gold Corp. and changed its name to Mexican Gold Mining Corp. in February 2020. Mexican Gold Mining Corp. was incorporated in 2006 and is based in Vancouver, Canada.

Industry

Other Precious Metals

IPO Date

2013-03-25

Stock Exchange

OTC

Ticker

MEXGF

The Current Ratio as of December 2025 (TTM) for Mexican Gold Mining Corp. (MEXGF) is 3.20

According to Mexican Gold Mining Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 3.20. This represents a change of -32.90% compared to the average of 4.77 of the last 4 quarters.

Mexican Gold Mining Corp. (MEXGF) Historical Current Ratio (quarterly & annually)

How has MEXGF Current Ratio performed in the past?

The mean historical Current Ratio of Mexican Gold Mining Corp. over the last ten years is 7.04. The current 3.20 Current Ratio has changed 4.45% with respect to the historical average. Over the past ten years (40 quarters), MEXGF's Current Ratio was at its highest in in the June 2020 quarter at 28.45. The Current Ratio was at its lowest in in the September 2016 quarter at 0.05.

Quarterly (TTM)
Annual

Average

7.04

Median

3.79

Minimum

0.09

Maximum

28.45

Mexican Gold Mining Corp. (MEXGF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Mexican Gold Mining Corp. 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 = 11.72%

Maximum Annual Current Ratio = 28.45

Minimum Annual Increase = -96.55%

Minimum Annual Current Ratio = 0.09

Quarterly (TTM)
Annual
YearCurrent RatioChange
202411.9568.20%
20237.10307.64%
20221.74-28.22%
20212.43-91.47%
202028.453.40%
20190.81-83.97%
20185.08-50.44%
201710.2411.72%
20160.09-96.55%
20152.51-6.07%

Mexican Gold Mining Corp. (MEXGF) Average Current Ratio

How has MEXGF Current Ratio performed in the past?

The current Current Ratio of Mexican Gold Mining Corp. (MEXGF) 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

6.93

5-year avg

10.34

10-year avg

7.04

Mexican Gold Mining Corp. (MEXGF) Current Ratio vs. Peers

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

Mexican Gold Mining Corp.’s Current Ratio is greater than Pacific Bay Minerals Ltd. (0.03), greater than Jayden Resources Inc. (0.22), greater than Franklin Mining, Inc. (0), less than Monumental Minerals Corp. (8.63), greater than Walker Lane Resources Ltd. (1.55), greater than Ibero Mining Corp. (0.94), greater than North American Tungsten Corporation Ltd. (0.52), less than Gem Diamonds Limited (3.62), greater than Eastfield Resources Ltd. (1.13), greater than Jade Leader Corp. (0.52),

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