Antares Metals Ltd
Antares Metals Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral resources in Australia. The company explores for copper, uranium, gold, silver, cobalt, zinc, lead, and rare earth element deposits. It holds 100% interest in the Mt Isa North project, which covers an area of approximately 2,003 square kilometers located in the Mt Isa region, Northwest Que… Read more
Antares Metals Ltd (AM5) - Net Assets
Latest net assets as of June 2025: AU$1.45 Million AUD
Based on the latest financial reports, Antares Metals Ltd (AM5) has net assets worth AU$1.45 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$3.87 Million) and total liabilities (AU$2.42 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$1.45 Million |
| % of Total Assets | 37.53% |
| Annual Growth Rate | -51.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 35.26 |
Antares Metals Ltd - Net Assets Trend (2022–2025)
This chart illustrates how Antares Metals Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Antares Metals Ltd (2022–2025)
The table below shows the annual net assets of Antares Metals Ltd from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.45 Million | -35.29% |
| 2024-06-30 | AU$2.25 Million | -82.57% |
| 2023-06-30 | AU$12.88 Million | +3.67% |
| 2022-06-30 | AU$12.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Antares Metals Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2303383800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$24.01 Million | 1652.25% |
| Other Comprehensive Income | AU$2.75 Million | 189.56% |
| Total Equity | AU$1.45 Million | 100.00% |
Antares Metals Ltd Competitors by Market Cap
The table below lists competitors of Antares Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SRQ Resources Inc.
PINK:SRQRF
|
$1.75 Million |
|
Sik Cheong Berhad
KLSE:0316
|
$1.75 Million |
|
Delta Manufacturing Limited
NSE:DELTAMAGNT
|
$1.76 Million |
|
Tungray Technologies Inc Class A Ordinary Shares
NASDAQ:TRSG
|
$1.76 Million |
|
Holmes Place International Ltd
TA:HLMS
|
$1.75 Million |
|
N2OFF Inc
NASDAQ:NITO
|
$1.75 Million |
|
Morningstar US Mid Cap PR USD
PINK:MMCP
|
$1.75 Million |
|
Cooper Metals Ltd
AU:CPM
|
$1.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Antares Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,245,294 to 1,453,007, a change of -792,287 (-35.3%).
- Net loss of 4,566,136 reduced equity.
- Share repurchases of 2,692,990 reduced equity.
- Other comprehensive income increased equity by 1,023,097.
- Other factors increased equity by 5,443,742.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-4.57 Million | -314.25% |
| Share Repurchases | AU$2.69 Million | -185.34% |
| Other Comprehensive Income | AU$1.02 Million | +70.41% |
| Other Changes | AU$5.44 Million | +374.65% |
| Total Change | AU$- | -35.29% |
Book Value vs Market Value Analysis
This analysis compares Antares Metals Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.06x to 2.33x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | AU$0.12 | AU$0.01 | x |
| 2023-06-30 | AU$0.12 | AU$0.01 | x |
| 2024-06-30 | AU$0.01 | AU$0.01 | x |
| 2025-06-30 | AU$0.00 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Antares Metals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -314.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7507.62%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 2.66x
- Recent ROE (-314.25%) is below the historical average (-260.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -15.16% | -116245.06% | 0.00x | 1.15x | AU$-3.13 Million |
| 2023 | -16.14% | -4997.77% | 0.00x | 1.24x | AU$-3.37 Million |
| 2024 | -695.67% | -22448.69% | 0.01x | 2.17x | AU$-15.84 Million |
| 2025 | -314.25% | -7507.62% | 0.02x | 2.66x | AU$-4.71 Million |
Industry Comparison
This section compares Antares Metals Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,995,611
- Average return on equity (ROE) among peers: -21.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Antares Metals Ltd (AM5) | AU$1.45 Million | -15.16% | 1.66x | $1.75 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.10K |
| Morella Corporation Ltd (1MC) | $5.43 Million | -6.71% | 0.57x | $2.93 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $24.91 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $71.83 Million |
| African Gold Ltd (A1G) | $6.42 Million | -11.14% | 0.01x | $170.41 Million |
| Albright Metals Ltd (ABR) | $5.61 Million | 0.47% | 0.11x | $1.11 Million |
| Audalia Resources Ltd (ACP) | $2.12 Million | -18.55% | 0.04x | $893.85K |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $1.02 Million |
| Admiralty Resources NL (ADY) | $10.81 Million | -14.31% | 1.16x | $5.70 Million |