Visionary Copper and Gold Mines Inc.
Visionary Copper and Gold Mines Inc. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It primarily explores for copper, zinc, gold, lead, silver, and critical metal deposits. The company was formerly known as Callinex Mines Inc. and changed its name to Visionary Copper and Gold Mines Inc. in August 2025. Visionary Copper and Gold Mines Inc. was… Read more
Visionary Copper and Gold Mines Inc. (CAX) - Net Assets
Latest net assets as of June 2025: €39.79 Million EUR
Based on the latest financial reports, Visionary Copper and Gold Mines Inc. (CAX) has net assets worth €39.79 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€43.49 Million) and total liabilities (€3.71 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 | €39.79 Million |
| % of Total Assets | 91.47% |
| Annual Growth Rate | 12.07% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6.56 |
Visionary Copper and Gold Mines Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Visionary Copper and Gold Mines Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Visionary Copper and Gold Mines Inc. (2021–2024)
The table below shows the annual net assets of Visionary Copper and Gold Mines Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | €40.03 Million | +3.01% |
| 2023-09-30 | €38.86 Million | +17.38% |
| 2022-09-30 | €33.11 Million | +16.42% |
| 2021-09-30 | €28.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Visionary Copper and Gold Mines Inc.'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 223668500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €92.23 Million | 230.41% |
| Total Equity | €40.03 Million | 100.00% |
Visionary Copper and Gold Mines Inc. Competitors by Market Cap
The table below lists competitors of Visionary Copper and Gold Mines Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Prajay Engineers Syndicate Limited
NSE:PRAENG
|
$8.49 Million |
|
Sterling Metals Corp
OTCQB:SAGGF
|
$8.49 Million |
|
Ostin Technology Group Co Ltd
NASDAQ:OST
|
$8.49 Million |
|
SUPREME DISTRIBUTION PUBLIC COMPANY LIMITED
BK:SPREME
|
$8.50 Million |
|
Medico Remedies Limited
NSE:MEDICO
|
$8.48 Million |
|
Dataprep Holdings Bhd
KLSE:8338
|
$8.48 Million |
|
Aeffe S.p.A.
LSE:0GY8
|
$8.48 Million |
|
IDT Australia Ltd
AU:IDT
|
$8.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Visionary Copper and Gold Mines Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,860,450 to 40,031,090, a change of 1,170,640 (3.0%).
- Net loss of 1,001,415 reduced equity.
- New share issuances of 2,094,409 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.00 Million | -2.5% |
| Share Issuances | €2.09 Million | +5.23% |
| Other Changes | €77.65K | +0.19% |
| Total Change | €- | 3.01% |
Book Value vs Market Value Analysis
This analysis compares Visionary Copper and Gold Mines Inc.'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: 0.22x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-09-30 | €2.11 | €0.47 | x |
| 2022-09-30 | €2.22 | €0.47 | x |
| 2023-09-30 | €2.26 | €0.47 | x |
| 2024-09-30 | €2.11 | €0.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Visionary Copper and Gold Mines Inc. 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): -2.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.09x
- Recent ROE (-2.50%) is below the historical average (-2.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -4.05% | 0.00% | 0.00x | 1.07x | €-4.00 Million |
| 2022 | 0.12% | 0.00% | 0.00x | 1.08x | €-3.27 Million |
| 2023 | -3.28% | 0.00% | 0.00x | 1.08x | €-5.16 Million |
| 2024 | -2.50% | 0.00% | 0.00x | 1.09x | €-5.00 Million |
Industry Comparison
This section compares Visionary Copper and Gold Mines Inc.'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 |
|---|---|---|---|---|
| Visionary Copper and Gold Mines Inc. (CAX) | €39.79 Million | -4.05% | 0.09x | $8.48 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 |