M3 Mining Ltd
M3 Mining Limited engages in the exploration and evaluation of mineral resources in Australia. It primarily explores for copper and gold deposits. The company holds 100% interest in the Edjudina located approximately 150 km north east of the of Kalgoorlie in Western Australia; and the Victoria Bore project located in south east of Exmouth in Western Australia. M3 Mining Limited was incorporated i… Read more
M3 Mining Ltd (M3M) - Net Assets
Latest net assets as of December 2025: AU$2.01 Million AUD
Based on the latest financial reports, M3 Mining Ltd (M3M) has net assets worth AU$2.01 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.05 Million) and total liabilities (AU$42.59K). 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$2.01 Million |
| % of Total Assets | 97.92% |
| Annual Growth Rate | 11.77% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 246.5 |
M3 Mining Ltd - Net Assets Trend (2020–2024)
This chart illustrates how M3 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 M3 Mining Ltd (2020–2024)
The table below shows the annual net assets of M3 Mining Ltd from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$849.08K | -53.47% |
| 2023-12-31 | AU$1.82 Million | -33.74% |
| 2022-12-31 | AU$2.75 Million | -20.01% |
| 2021-12-31 | AU$3.44 Million | +532.87% |
| 2020-12-31 | AU$543.99K | -- |
Equity Component Analysis
This analysis shows how different components contribute to M3 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 667806200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$7.51 Million | 885.04% |
| Other Comprehensive Income | AU$745.99K | 87.86% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$849.08K | 100.00% |
M3 Mining Ltd Competitors by Market Cap
The table below lists competitors of M3 Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Detroit Legal News Company
PINK:DTRL
|
$2.95 Million |
|
Indo-National Limited
NSE:NIPPOBATRY
|
$2.95 Million |
|
Borneo Olah Sarana Sukses PT
JK:BOSS
|
$2.95 Million |
|
Ev Dynamics (Holdings) Limited
PINK:CHDHF
|
$2.95 Million |
|
TESGAS S.A.
WAR:TSG
|
$2.95 Million |
|
MapsPeople A/S
CO:MAPS
|
$2.95 Million |
|
Carzo Holdings Bhd
KLSE:03048
|
$2.94 Million |
|
Truscott Mining Corporation Ltd
AU:TRM
|
$2.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in M3 Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,824,825 to 849,081, a change of -975,744 (-53.5%).
- Net loss of 2,343,488 reduced equity.
- Share repurchases of 925,510 reduced equity.
- Other comprehensive income increased equity by 400,496.
- Other factors increased equity by 1,892,758.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.34 Million | -276.0% |
| Share Repurchases | AU$925.51K | -109.0% |
| Other Comprehensive Income | AU$400.50K | +47.17% |
| Other Changes | AU$1.89 Million | +222.92% |
| Total Change | AU$- | -53.47% |
Book Value vs Market Value Analysis
This analysis compares M3 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: 2.71x
- 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 1.97x to 2.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | AU$0.01 | AU$0.03 | x |
| 2021-12-31 | AU$0.09 | AU$0.03 | x |
| 2022-12-31 | AU$0.06 | AU$0.03 | x |
| 2023-12-31 | AU$0.04 | AU$0.03 | x |
| 2024-12-31 | AU$0.01 | AU$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently M3 Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -276.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3331.85%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.20x
- Recent ROE (-276.00%) is below the historical average (-128.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -134.84% | -564244.62% | 0.00x | 3.63x | AU$-787.92K |
| 2021 | -39.18% | -128460.95% | 0.00x | 1.07x | AU$-1.69 Million |
| 2022 | -76.87% | -3114.61% | 0.02x | 1.10x | AU$-2.39 Million |
| 2023 | -115.79% | -2430.69% | 0.04x | 1.16x | AU$-2.30 Million |
| 2024 | -276.00% | -3331.85% | 0.07x | 1.20x | AU$-2.43 Million |
Industry Comparison
This section compares M3 Mining 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: $113,835,527
- Average return on equity (ROE) among peers: -62.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| M3 Mining Ltd (M3M) | AU$2.01 Million | -134.84% | 0.02x | $2.95 Million |
| 29METALS Ltd (29M) | $769.54 Million | 15.73% | 0.71x | $171.73 Million |
| Aic Mines Ltd (A1M) | $8.72 Million | -78.07% | 0.14x | $147.29 Million |
| Australian Critical Minerals Ltd (ACM) | $-14.00K | 0.00% | 0.00x | $1.43 Million |
| Alvo Minerals Ltd (ALV) | $3.02 Million | -198.12% | 0.08x | $2.34 Million |
| Alicanto Minerals Ltd (AQI) | $4.78 Million | -147.27% | 0.13x | $43.93 Million |
| Askari Metals Ltd (AS2) | $11.00 Million | -56.43% | 0.12x | $2.21 Million |
| Altitude Minerals Ltd (ATT) | $4.14 Million | -122.29% | 0.15x | $2.59 Million |
| Avira Resources Ltd (AVW) | $7.03 Million | -32.56% | 0.54x | $1.27 Million |
| Antipa Minerals Ltd (AZY) | $98.25 Million | -5.44% | 0.06x | $209.72 Million |
| Burgundy Diamond Mines Ltd (BDM) | $231.89 Million | -0.88% | 3.22x | $10.17 Million |