Fortuna Metals Limited

AU:FUN Australia Other Industrial Metals & Mining
Market Cap
$14.04 Million
AU$22.67 Million AUD
Market Cap Rank
#30542 Global
#884 in Australia
Share Price
AU$0.08
Change (1 day)
-2.44%
52-Week Range
AU$0.08 - AU$0.20
All Time High
AU$0.20
Categories
Companies in Australia Other Industrial Metals & Mining
About

Fortuna Metals Limited explores and evaluates mineral projects in Malawi and Australia. It explores for neodymium, praseodymium, rutile, graphite, gold, rare earth elements (REE), and other base metals deposits. The company was formerly known as Lanthanein Resources Limited and changed its name Fortuna Metals Limited in August 2025. Fortuna Metals Limited was incorporated in 2001 and is based in … Read more

Fortuna Metals Limited (FUN) - Net Assets

Latest net assets as of April 2025: AU$9.63 Million AUD

Based on the latest financial reports, Fortuna Metals Limited (FUN) has net assets worth AU$9.63 Million AUD as of April 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$9.79 Million) and total liabilities (AU$158.84K). 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$9.63 Million
% of Total Assets 98.38%
Annual Growth Rate -0.37%
5-Year Change 217.3%
10-Year Change N/A
Growth Volatility 84.37

Fortuna Metals Limited - Net Assets Trend (1999–2025)

This chart illustrates how Fortuna Metals Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Fortuna Metals Limited (1999–2025)

The table below shows the annual net assets of Fortuna Metals Limited from 1999 to 2025.

Year Net Assets Change
2025-07-31 AU$9.63 Million -41.07%
2024-07-31 AU$16.34 Million +58.12%
2023-07-31 AU$10.34 Million +45.14%
2022-07-31 AU$7.12 Million +134.60%
2021-07-31 AU$3.04 Million +135.16%
2020-07-31 AU$-8.63 Million -2590.03%
2019-07-31 AU$-321.00K +97.75%
2018-07-31 AU$-14.27 Million +71.87%
2017-07-31 AU$-50.71 Million -196.61%
2016-07-31 AU$-17.10 Million -156.77%
2015-07-31 AU$30.12 Million -55.55%
2014-07-31 AU$67.76 Million -34.18%
2013-07-31 AU$102.95 Million +43.47%
2012-07-31 AU$71.76 Million +116.15%
2011-07-31 AU$33.20 Million -54.68%
2010-07-31 AU$73.26 Million -4.53%
2009-07-31 AU$76.74 Million -31.35%
2008-07-31 AU$111.78 Million -32.93%
2007-07-31 AU$166.67 Million +37.23%
2006-07-31 AU$121.45 Million +6.10%
2005-07-31 AU$114.48 Million +17.11%
2004-07-31 AU$97.75 Million +12.83%
2003-07-31 AU$86.63 Million +61.83%
2002-07-31 AU$53.53 Million +278.49%
2001-07-31 AU$14.14 Million +9.85%
2000-07-31 AU$12.88 Million +21.27%
1999-07-31 AU$10.62 Million --

Equity Component Analysis

This analysis shows how different components contribute to Fortuna Metals Limited'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 2367.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (July 2025)

Component Amount Percentage
Common Stock AU$51.97 Million 539.52%
Other Components AU$10.00 0.00%
Total Equity AU$9.63 Million 100.00%

Fortuna Metals Limited Competitors by Market Cap

The table below lists competitors of Fortuna Metals Limited ranked by their market capitalization.

Company Market Cap
Mycodern S.A.
F:GY3
 		$6.11 Million
Kadimastem Ltd
PINK:KMSTF
 		$6.11 Million
Powerhouse Ventures Ltd
AU:PVL
 		$6.11 Million
Daehan Green Power Corporation
KQ:060900
 		$6.11 Million
HF COMPANY INH. EO -50
F:HFC
 		$6.10 Million
Ruchi Infrastructure Limited
NSE:RUCHINFRA
 		$6.10 Million
Jupiter Neurosciences, Inc. Common Stock
NASDAQ:JUNS
 		$6.10 Million
Inter-Rock Minerals Inc
PINK:IRCKF
 		$6.09 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Fortuna Metals Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 16,344,480 to 9,632,440, a change of -6,712,040 (-41.1%).
  • Net loss of 7,147,540 reduced equity.
  • Share repurchases of 274,910 reduced equity.
  • Other factors increased equity by 710,410.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-7.15 Million -74.2%
Share Repurchases AU$274.91K -2.85%
Other Changes AU$710.41K +7.38%
Total Change AU$- -41.07%

Book Value vs Market Value Analysis

This analysis compares Fortuna Metals Limited'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: 0.78x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has increased from 0.02x to 0.78x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-07-31 AU$4.51 AU$0.08 x
2000-07-31 AU$7.21 AU$0.08 x
2001-07-31 AU$6.01 AU$0.08 x
2002-07-31 AU$20.22 AU$0.08 x
2003-07-31 AU$16.98 AU$0.08 x
2004-07-31 AU$17.19 AU$0.08 x
2005-07-31 AU$19.45 AU$0.08 x
2006-07-31 AU$21.22 AU$0.08 x
2007-07-31 AU$23.18 AU$0.08 x
2008-07-31 AU$15.31 AU$0.08 x
2009-07-31 AU$7.49 AU$0.08 x
2011-07-31 AU$2.21 AU$0.08 x
2012-07-31 AU$4.42 AU$0.08 x
2013-07-31 AU$4.40 AU$0.08 x
2014-07-31 AU$2.37 AU$0.08 x
2015-07-31 AU$1.05 AU$0.08 x
2016-07-31 AU$-0.58 AU$0.08 x
2017-07-31 AU$-1.63 AU$0.08 x
2018-07-31 AU$-0.15 AU$0.08 x
2019-07-31 AU$0.00 AU$0.08 x
2020-07-31 AU$-0.04 AU$0.08 x
2021-07-31 AU$0.18 AU$0.08 x
2022-07-31 AU$0.26 AU$0.08 x
2023-07-31 AU$0.21 AU$0.08 x
2024-07-31 AU$0.15 AU$0.08 x
2025-07-31 AU$0.10 AU$0.08 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fortuna Metals Limited 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): -74.20%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -18969.06%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.02x
  • Recent ROE (-74.20%) is below the historical average (-12.32%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 9.42% 0.00% 0.00x 1.56x AU$-61.72K
2000 14.55% 5.26% 1.60x 1.73x AU$585.46K
2001 22.17% 6.55% 1.38x 2.46x AU$1.72 Million
2002 16.79% 6.86% 1.22x 2.01x AU$3.63 Million
2003 16.15% 6.26% 1.49x 1.73x AU$5.33 Million
2004 17.27% 5.42% 1.97x 1.61x AU$7.11 Million
2005 18.88% 6.25% 1.61x 1.88x AU$10.16 Million
2006 9.94% 3.35% 1.36x 2.17x AU$-77.50K
2007 3.09% 1.31% 1.18x 1.99x AU$-11.51 Million
2008 -46.72% -14.31% 1.41x 2.31x AU$-63.41 Million
2009 -54.29% -18.13% 1.13x 2.66x AU$-49.34 Million
2011 -115.08% -20.97% 1.16x 4.71x AU$-41.52 Million
2012 14.54% 5.48% 1.05x 2.53x AU$3.26 Million
2013 13.56% 8.28% 0.81x 2.02x AU$3.67 Million
2014 -14.77% -8.08% 0.97x 1.89x AU$-16.79 Million
2015 -112.44% -32.00% 1.16x 3.03x AU$-36.88 Million
2016 0.00% -25.95% 1.92x 0.00x AU$-21.72 Million
2017 0.00% -53.73% 2.85x 0.00x AU$-24.62 Million
2018 0.00% 67.47% 3.51x 0.00x AU$29.59 Million
2019 0.00% 25.13% 2.76x 0.00x AU$7.54 Million
2020 0.00% -42.40% 4.88x 0.00x AU$-9.49 Million
2021 -26.40% 0.00% 0.00x 1.03x AU$-1.10 Million
2022 -29.51% 0.00% 0.00x 1.04x AU$-2.81 Million
2023 -7.44% -1819.95% 0.00x 1.06x AU$-1.80 Million
2024 4.06% 2131.31% 0.00x 1.01x AU$-970.12K
2025 -74.20% -18969.06% 0.00x 1.02x AU$-8.11 Million

Industry Comparison

This section compares Fortuna Metals Limited'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: $18,826,689
  • Average return on equity (ROE) among peers: -37.04%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Fortuna Metals Limited (FUN) AU$9.63 Million 9.42% 0.02x $6.10 Million
EXULTANT FPO [10X] (10X) $5.63 Million -1.35% 0.01x $1.03K
Morella Corporation Ltd (1MC) $64.99 Million -144.24% 4.26x $2.93 Million
6K Additive Inc (6KA) $62.92 Million -28.47% 0.10x $24.39 Million
Atlantic Lithium Ltd (A11) $15.58 Million -14.80% 0.03x $91.16 Million
African Gold Ltd (A1G) $10.30 Million -17.56% 0.09x $169.49 Million
Albright Metals Ltd (ABR) $7.74 Million -10.47% 0.03x $949.11K
Audalia Resources Ltd (ACP) $2.12 Million -18.55% 0.04x $893.85K
Accent Resources NL (ACS) $1.74 Million -130.20% 4.99x $211.71K
Acdc Metals Ltd (ADC) $10.58 Million -4.74% 0.03x $939.49K
Admiralty Resources NL (ADY) $6.66 Million 0.00% 0.34x $5.70 Million