Haranga Resources Ltd

AU:HAR Australia Other Precious Metals & Mining
Market Cap
$31.66 Million
AU$51.13 Million AUD
Market Cap Rank
#27496 Global
#672 in Australia
Share Price
AU$0.12
Change (1 day)
-4.17%
52-Week Range
AU$0.05 - AU$0.23
All Time High
AU$0.27
Categories
Companies in Australia Other Precious Metals & Mining
About

Haranga Resources Limited engages in the exploration and development of gold and uranium projects in Senegal. Its flagship project is the 70% owned Saraya uranium project that covers an area of approximately 1,650 square kilometers located in East Senegal. Haranga Resources Limited was incorporated in 2009 and is headquartered in Victoria Park, Australia.

Haranga Resources Ltd (HAR) - Net Assets

Latest net assets as of June 2025: AU$6.00 Million AUD

Based on the latest financial reports, Haranga Resources Ltd (HAR) has net assets worth AU$6.00 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$6.55 Million) and total liabilities (AU$551.93K). 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$6.00 Million
% of Total Assets 91.58%
Annual Growth Rate -18.33%
5-Year Change N/A
10-Year Change -94.22%
Growth Volatility 31594.63

Haranga Resources Ltd - Net Assets Trend (2010–2024)

This chart illustrates how Haranga Resources 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 Haranga Resources Ltd (2010–2024)

The table below shows the annual net assets of Haranga Resources Ltd from 2010 to 2024.

Year Net Assets Change
2024-12-31 AU$1.52 Million -64.79%
2023-12-31 AU$4.32 Million +27.12%
2022-12-31 AU$3.40 Million +351.16%
2021-12-31 AU$-1.35 Million -463.56%
2020-12-31 AU$-239.95K -500.68%
2019-12-31 AU$59.88K +162.54%
2018-12-31 AU$-95.76K -159.20%
2017-12-31 AU$-36.94K +88.60%
2016-12-31 AU$-323.99K -101.23%
2015-12-31 AU$26.31 Million +2.70%
2014-12-31 AU$25.62 Million -9.42%
2013-12-31 AU$28.29 Million +100438.68%
2012-12-31 AU$28.14K -99.89%
2011-12-31 AU$25.06 Million -3.16%
2010-12-31 AU$25.87 Million --

Equity Component Analysis

This analysis shows how different components contribute to Haranga Resources 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 6145420300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$53.83 Million 2849.53%
Other Comprehensive Income AU$9.52 Million 503.74%
Total Equity AU$1.89 Million 100.00%

Haranga Resources Ltd Competitors by Market Cap

The table below lists competitors of Haranga Resources Ltd ranked by their market capitalization.

Company Market Cap
NBI Bearings Europe S.A.
MC:NBI
 		$12.63 Million
Marfin Investment Group Holdings S.A
AT:MIG
 		$12.63 Million
United Express Inc
PINK:UNXP
 		$12.63 Million
PTL Enterprises Limited
NSE:PTL
 		$12.63 Million
Korea Computer Terminal Inc
KQ:089150
 		$12.62 Million
KERRY EXPRESS (THAILAND)
BK:KEX-R
 		$12.62 Million
Safeguard Scientifics Inc
OTCQX:SFES
 		$12.61 Million
Tela Bio Inc
NASDAQ:TELA
 		$12.61 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Haranga Resources Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,394,061 to 1,889,000, a change of -2,505,061 (-57.0%).
  • Net loss of 2,577,000 reduced equity.
  • Other comprehensive income decreased equity by 446,306.
  • Other factors increased equity by 518,245.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-2.58 Million -136.42%
Other Comprehensive Income AU$-446.31K -23.63%
Other Changes AU$518.25K +27.43%
Total Change AU$- -57.01%

Book Value vs Market Value Analysis

This analysis compares Haranga Resources 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: 5.47x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 0.01x to 5.47x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2010-12-31 AU$12.39 AU$0.12 x
2011-12-31 AU$2.66 AU$0.12 x
2012-12-31 AU$0.59 AU$0.12 x
2013-12-31 AU$529.21 AU$0.12 x
2014-12-31 AU$2.15 AU$0.12 x
2015-12-31 AU$1.59 AU$0.12 x
2016-12-31 AU$0.14 AU$0.12 x
2017-12-31 AU$0.00 AU$0.12 x
2018-12-31 AU$0.00 AU$0.12 x
2019-12-31 AU$0.00 AU$0.12 x
2020-12-31 AU$-0.03 AU$0.12 x
2021-12-31 AU$-0.19 AU$0.12 x
2022-12-31 AU$0.06 AU$0.12 x
2023-12-31 AU$0.07 AU$0.12 x
2024-12-31 AU$0.02 AU$0.12 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Haranga Resources 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): -136.42%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -39075.06%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.20x
  • Recent ROE (-136.42%) is below the historical average (-120.87%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 -9.22% 0.00% 0.00x 1.05x AU$-4.81 Million
2011 -18.96% 0.00% 0.00x 1.05x AU$-7.03 Million
2012 -11.15% 0.00% 0.00x 1.06x AU$-5.78K
2013 -23.67% 0.00% 0.00x 1.01x AU$-9.43 Million
2014 -8.29% -9844.15% 0.00x 1.02x AU$-4.64 Million
2015 -5.36% -17366.46% 0.00x 1.03x AU$-4.00 Million
2016 -806.77% -1875909.09% 0.00x 0.25x AU$-20.89 Million
2017 0.00% 18550.51% 0.00x 0.00x AU$148.39K
2018 0.00% -23076.92% 0.01x 0.00x AU$-110.42K
2019 -482.54% -412814.29% 0.00x 3.29x AU$-294.96K
2020 0.00% -3000000.00% 0.00x 0.00x AU$-276.01K
2021 0.00% -1975000.00% 0.00x 0.00x AU$-1.05 Million
2022 -232.87% 0.00% 0.00x 1.37x AU$-7.91 Million
2023 -77.83% -35214.17% 0.00x 1.02x AU$-3.86 Million
2024 -136.42% -39075.06% 0.00x 1.20x AU$-2.77 Million

Industry Comparison

This section compares Haranga Resources Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.

Industry Context

  • Industry: Other Precious Metals & Mining
  • Average net assets among peers: $47,466,195
  • Average return on equity (ROE) among peers: -57.63%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Haranga Resources Ltd (HAR) AU$6.00 Million -9.22% 0.09x $12.62 Million
29METALS Ltd (29M) $446.06 Million 5.42% 1.34x $176.50 Million
Aic Mines Ltd (A1M) $1.94 Million -110.15% 1.02x $147.29 Million
Australian Critical Minerals Ltd (ACM) $-14.00K 0.00% 0.00x $1.37 Million
Alvo Minerals Ltd (ALV) $1.48 Million -321.67% 0.19x $2.26 Million
Alicanto Minerals Ltd (AQI) $4.56 Million -20.66% 0.09x $47.49 Million
Askari Metals Ltd (AS2) $9.13 Million -56.77% 0.24x $2.21 Million
Altitude Minerals Ltd (ATT) $1.01 Million -90.43% 0.16x $2.75 Million
Avira Resources Ltd (AVW) $-4.98 Million 0.00% 0.00x $1.27 Million
Antipa Minerals Ltd (AZY) $9.59 Million -12.40% 0.11x $232.82 Million
Burgundy Diamond Mines Ltd (BDM) $5.88 Million 30.34% 0.45x $10.17 Million