Galena Mining Ltd
Galena Mining Limited engages in the acquisition and exploration of mineral projects in Australia. The company operates through Abra Mine, Exploration, and Other Activities segments. It explores for copper, gold, lead, silver, zinc, and manganese deposits. The company owns 60% interest in the Abra Base Metals lead-silver project located in the Gascoyne region, Western Australia. It holds 100% int… Read more
Galena Mining Ltd (G1A) - Net Assets
Latest net assets as of June 2023: AU$101.83 Million AUD
Based on the latest financial reports, Galena Mining Ltd (G1A) has net assets worth AU$101.83 Million AUD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$366.18 Million) and total liabilities (AU$264.35 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$101.83 Million |
| % of Total Assets | 27.81% |
| Annual Growth Rate | 49.6% |
| 5-Year Change | 128.11% |
| 10-Year Change | N/A |
| Growth Volatility | 70.68 |
Galena Mining Ltd - Net Assets Trend (2017–2023)
This chart illustrates how Galena Mining 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 Galena Mining Ltd (2017–2023)
The table below shows the annual net assets of Galena Mining Ltd from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | AU$101.83 Million | -19.61% |
| 2022-06-30 | AU$126.67 Million | -4.72% |
| 2021-06-30 | AU$132.95 Million | +137.02% |
| 2020-06-30 | AU$56.09 Million | +25.65% |
| 2019-06-30 | AU$44.64 Million | +165.02% |
| 2018-06-30 | AU$16.84 Million | +111.97% |
| 2017-06-30 | AU$7.95 Million | 0.00% |
| 2017-02-28 | AU$7.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Galena Mining 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 5827328400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$84.34 Million | 105.15% |
| Other Comprehensive Income | AU$54.93 Million | 68.48% |
| Total Equity | AU$80.21 Million | 100.00% |
Galena Mining Ltd Competitors by Market Cap
The table below lists competitors of Galena Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The INX Digital Company Inc.
OTCQB:INXDF
|
$12.15 Million |
|
CryoCell International Inc
NYSE MKT:CCEL
|
$12.15 Million |
|
Medicus Pharma Ltd. Common Stock
OTCBB:MDCX
|
$12.15 Million |
|
Kronox Lab Sciences Ltd
NSE:KRONOX
|
$12.15 Million |
|
Traws Pharma Inc
NASDAQ:TRAW
|
$12.14 Million |
|
New Tech Minerals Corp
OTCQB:APCOF
|
$12.13 Million |
|
Can One Bhd
KLSE:5105
|
$12.13 Million |
|
Cadrenal Therapeutics, Inc. Common Stock
NASDAQ:CVKD
|
$12.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Galena Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 82,030,693 to 80,206,919, a change of -1,823,774 (-2.2%).
- Net loss of 38,166,242 reduced equity.
- Dividend payments of 48,603,208 reduced retained earnings.
- Share repurchases of 2,393,919 reduced equity.
- New share issuances of 37,206,100 increased equity.
- Other comprehensive income increased equity by 293,168.
- Other factors increased equity by 49,840,327.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-38.17 Million | -47.58% |
| Dividends Paid | AU$48.60 Million | -60.6% |
| Share Repurchases | AU$2.39 Million | -2.98% |
| Share Issuances | AU$37.21 Million | +46.39% |
| Other Comprehensive Income | AU$293.17K | +0.37% |
| Other Changes | AU$49.84 Million | +62.14% |
| Total Change | AU$- | -2.22% |
Book Value vs Market Value Analysis
This analysis compares Galena Mining 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: 0.45x
- 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 decreased from 1.20x to 0.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | AU$0.05 | AU$0.06 | x |
| 2018-06-30 | AU$0.07 | AU$0.06 | x |
| 2019-06-30 | AU$0.12 | AU$0.06 | x |
| 2020-06-30 | AU$0.13 | AU$0.06 | x |
| 2021-06-30 | AU$0.19 | AU$0.06 | x |
| 2022-06-30 | AU$0.17 | AU$0.06 | x |
| 2023-06-30 | AU$0.13 | AU$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Galena Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -47.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -129.30%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 4.57x
- Recent ROE (-47.58%) is above the historical average (-60.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -338.71% | -26915460.00% | 0.00x | 1.01x | AU$-27.71 Million |
| 2018 | -7.21% | -1962.78% | 0.00x | 1.06x | AU$-2.90 Million |
| 2019 | -2.36% | -70.24% | 0.03x | 1.14x | AU$-5.23 Million |
| 2020 | -11.26% | -1075.43% | 0.01x | 1.16x | AU$-10.88 Million |
| 2021 | -3.79% | -645.66% | 0.00x | 1.94x | AU$-12.11 Million |
| 2022 | -11.45% | -4821.54% | 0.00x | 3.22x | AU$-17.59 Million |
| 2023 | -47.58% | -129.30% | 0.08x | 4.57x | AU$-46.19 Million |
Industry Comparison
This section compares Galena Mining 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: $4,989,684
- Average return on equity (ROE) among peers: -42.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Galena Mining Ltd (G1A) | AU$101.83 Million | -338.71% | 2.60x | $12.14 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.11K |
| Morella Corporation Ltd (1MC) | $5.31 Million | 13.75% | 0.52x | $2.75 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $25.42 Million |
| Atlantic Lithium Ltd (A11) | $40.70 Million | -16.20% | 0.09x | $67.68 Million |
| African Gold Ltd (A1G) | $8.52 Million | -85.61% | 0.07x | $167.65 Million |
| Albright Metals Ltd (ABR) | $10.63 Million | -17.73% | 0.06x | $1.11 Million |
| Audalia Resources Ltd (ACP) | $3.17 Million | -142.26% | 12.89x | $893.85K |
| Accent Resources NL (ACS) | $1.87 Million | -166.61% | 2.43x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $1.02 Million |
| Admiralty Resources NL (ADY) | $6.66 Million | 0.00% | 0.34x | $5.70 Million |