Minrex Resources Ltd

AU:MRR Australia Other Industrial Metals & Mining
Market Cap
$11.42 Million
AU$18.44 Million AUD
Market Cap Rank
#29086 Global
#783 in Australia
Share Price
AU$0.02
Change (1 day)
-5.56%
52-Week Range
AU$0.01 - AU$0.02
All Time High
AU$0.20
About

MinRex Resources Limited engages in the exploration and development of mineral properties. It focuses on the exploration of gold, silver, arsenic, copper, lead, and antimony. The company's projects include Mt Pleasant Project, which covers an area of 71km located in South of Mudgee; Sofala Gold Project located in the East Lachlan Fold Belt; Sunny Corner Project located in New South Wales. The com… Read more

Minrex Resources Ltd (MRR) - Net Assets

Latest net assets as of December 2025: AU$12.21 Million AUD

Based on the latest financial reports, Minrex Resources Ltd (MRR) has net assets worth AU$12.21 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$12.39 Million) and total liabilities (AU$178.64K). 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$12.21 Million
% of Total Assets 98.56%
Annual Growth Rate 10.42%
5-Year Change 9.73%
10-Year Change 1580086.89%
Growth Volatility 25681.49

Minrex Resources Ltd - Net Assets Trend (2011–2025)

This chart illustrates how Minrex 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 Minrex Resources Ltd (2011–2025)

The table below shows the annual net assets of Minrex Resources Ltd from 2011 to 2025.

Year Net Assets Change
2025-06-30 AU$12.76 Million -12.22%
2024-06-30 AU$14.53 Million -21.44%
2023-06-30 AU$18.50 Million -45.78%
2022-06-30 AU$34.12 Million +193.47%
2021-06-30 AU$11.63 Million +89.38%
2020-06-30 AU$6.14 Million +99759.66%
2019-06-30 AU$6.15K -11.58%
2018-06-30 AU$6.95K +517.60%
2017-06-30 AU$1.13K +39.45%
2016-06-30 AU$807.41 -47.75%
2015-06-30 AU$1.55K -32.95%
2014-06-30 AU$2.30K -99.92%
2013-06-30 AU$2.74 Million -9.68%
2012-06-30 AU$3.04 Million -4.65%
2011-06-30 AU$3.18 Million --

Equity Component Analysis

This analysis shows how different components contribute to Minrex 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 3141141200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$42.60 Million 333.88%
Other Comprehensive Income AU$1.58 Million 12.37%
Other Components AU$1.00 0.00%
Total Equity AU$12.76 Million 100.00%

Minrex Resources Ltd Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 14,534,865 to 12,758,587, a change of -1,776,278 (-12.2%).
  • Net loss of 2,363,440 reduced equity.
  • Other comprehensive income increased equity by 603,636.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-2.36 Million -18.52%
Other Comprehensive Income AU$603.64K +4.73%
Other Changes AU$-16.47K -0.13%
Total Change AU$- -12.22%

Book Value vs Market Value Analysis

This analysis compares Minrex 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: 1.45x
  • 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 0.11x to 1.45x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-06-30 AU$0.15 AU$0.02 x
2012-06-30 AU$0.14 AU$0.02 x
2013-06-30 AU$0.12 AU$0.02 x
2014-06-30 AU$0.00 AU$0.02 x
2015-06-30 AU$0.00 AU$0.02 x
2016-06-30 AU$0.00 AU$0.02 x
2017-06-30 AU$0.00 AU$0.02 x
2018-06-30 AU$0.00 AU$0.02 x
2019-06-30 AU$0.00 AU$0.02 x
2020-06-30 AU$0.05 AU$0.02 x
2021-06-30 AU$0.03 AU$0.02 x
2022-06-30 AU$0.05 AU$0.02 x
2023-06-30 AU$0.02 AU$0.02 x
2024-06-30 AU$0.01 AU$0.02 x
2025-06-30 AU$0.01 AU$0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Minrex 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): -18.52%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -7299.07%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.02x
  • Recent ROE (-18.52%) is above the historical average (-20855.68%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 -10.71% 0.00% 0.00x 1.01x AU$-567.60K
2014 -18945.58% 0.00% 0.00x 1.01x AU$-436.87K
2015 -49142.36% -1997.35% 24.19x 1.02x AU$-759.55K
2016 -110580.62% -5972.17% 16.67x 1.11x AU$-892.92K
2017 -55358.64% -6177.34% 8.67x 1.03x AU$-623.41K
2018 -22300.10% -18615.87% 1.15x 1.04x AU$-1.55 Million
2019 -14611.71% -7418.67% 1.93x 1.02x AU$-899.02K
2020 -15.44% -41951.15% 0.00x 1.02x AU$-1.56 Million
2021 -9.08% -1508331.43% 0.00x 1.04x AU$-2.22 Million
2022 -7.98% -60782.46% 0.00x 1.01x AU$-6.14 Million
2023 -93.53% -5155.95% 0.02x 1.03x AU$-19.16 Million
2024 -29.60% -71465.30% 0.00x 1.02x AU$-5.76 Million
2025 -18.52% -7299.07% 0.00x 1.02x AU$-3.64 Million

Industry Comparison

This section compares Minrex Resources 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
Minrex Resources Ltd (MRR) AU$12.21 Million -10.71% 0.01x $8.83 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