Trident Resources Corp.
Trident Resources Corp. engages in the identification, acquisition, exploration, and development of mineral, and oil and gas resource properties in North America. The company explores for gold, silver, and uranium deposits. It owns 100% interest in the Bell Mountain gold-silver property that consists of 174 unpatented lode claims covering a land package of 1,463 hectares located in southeast of R… Read more
Trident Resources Corp. (6BP0) - Net Assets
Latest net assets as of September 2025: €26.13 Million EUR
Based on the latest financial reports, Trident Resources Corp. (6BP0) has net assets worth €26.13 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€29.64 Million) and total liabilities (€3.52 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 | €26.13 Million |
| % of Total Assets | 88.14% |
| Annual Growth Rate | -28.61% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 35.39 |
Trident Resources Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Trident Resources Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Trident Resources Corp. (2021–2024)
The table below shows the annual net assets of Trident Resources Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €7.24 Million | +28.31% |
| 2023-12-31 | €5.64 Million | -47.44% |
| 2022-12-31 | €10.74 Million | -46.07% |
| 2021-12-31 | €19.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trident Resources Corp.'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 1278550300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €75.99 Million | 1049.41% |
| Total Equity | €7.24 Million | 100.00% |
Trident Resources Corp. Competitors by Market Cap
The table below lists competitors of Trident Resources Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Frontier Digital Ventures Ltd
AU:FDV
|
$48.09 Million |
|
Catana Group S.A.
LSE:0OGG
|
$48.11 Million |
|
Viva Leisure Ltd
AU:VVA
|
$48.11 Million |
|
APRANGA AB EO 029
F:WHX
|
$48.11 Million |
|
OPC Pharmaceutical JSC
VN:OPC
|
$48.06 Million |
|
Yunsa Yunlu Sanayi ve Ticaret AS
IS:YUNSA
|
$48.06 Million |
|
SolarBank Corporation Common Stock
OTCQX:SUUN
|
$48.03 Million |
|
Seoho Electric Co.Ltd
KQ:065710
|
$48.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trident Resources Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,643,530 to 7,241,169, a change of 1,597,639 (28.3%).
- Net income of 1,478,832 contributed positively to equity growth.
- Other factors increased equity by 118,807.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.48 Million | +20.42% |
| Other Changes | €118.81K | +1.64% |
| Total Change | €- | 28.31% |
Book Value vs Market Value Analysis
This analysis compares Trident Resources Corp.'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: 2.31x
- 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 0.84x to 2.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €2.03 | €1.71 | x |
| 2022-12-31 | €1.10 | €1.71 | x |
| 2023-12-31 | €0.58 | €1.71 | x |
| 2024-12-31 | €0.74 | €1.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trident Resources Corp. 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): 20.42%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.81x
- Recent ROE (20.42%) is above the historical average (-30.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 5.45% | 18199.36% | 0.00x | 1.19x | €-906.10K |
| 2022 | -56.54% | -24283308.00% | 0.00x | 1.54x | €-7.14 Million |
| 2023 | -90.25% | 0.00% | 0.00x | 2.13x | €-5.66 Million |
| 2024 | 20.42% | 0.00% | 0.00x | 1.81x | €754.72K |
Industry Comparison
This section compares Trident Resources Corp.'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: $502,667,915
- Average return on equity (ROE) among peers: -338.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trident Resources Corp. (6BP0) | €26.13 Million | 5.45% | 0.13x | $48.06 Million |
| 14S0 (14S0) | $2.71 Million | -209.91% | 0.28x | $2.68 Million |
| 23B (23B) | $5.94 Million | -17.66% | 0.30x | $2.00 Million |
| 2P30 (2P30) | $1.04 Million | -34.54% | 0.07x | $9.46 Million |
| Xinjiang Xinxin Mining Industry Co. Ltd (33X1) | $4.95 Billion | 10.42% | 0.49x | $175.41 Million |
| Agrimin Limited (3CL) | $46.44 Million | -2.95% | 0.06x | $11.03 Million |
| Copper Quest Exploration Inc. (3MX0) | $116.66K | -2987.81% | 5.03x | $4.68 Million |
| LibertyStream Infrastructure Partners Inc. (3ZM) | $6.76 Million | -80.67% | 0.09x | $93.18 Million |
| Arkle Resources PLC (48O) | $3.26 Million | -9.62% | 0.07x | $4.79 Million |
| Marula Mining PLC (48U0) | $-154.97K | 0.00% | 0.00x | $3.45 Million |
| Anglesey Mining plc (4A0) | $14.13 Million | -50.76% | 0.18x | $87.09K |