Lexston Mining Corporation
Lexston Mining Corporation engages in the acquisition and exploration of mineral properties in Canada. It holds a 100% interest in the Dory property consisting of four non-surveyed contiguous mineral claims totaling 1,348 hectares located within the Alberni Mining Division of British Columbia. The company is based in Vancouver, Canada.
Lexston Mining Corporation (L75) - Net Assets
Latest net assets as of February 2025: €512.62K EUR
Based on the latest financial reports, Lexston Mining Corporation (L75) has net assets worth €512.62K EUR as of February 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€655.04K) and total liabilities (€142.42K). 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 | €512.62K |
| % of Total Assets | 78.26% |
| Annual Growth Rate | -12.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.07 |
Lexston Mining Corporation - Net Assets Trend (2021–2024)
This chart illustrates how Lexston Mining Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lexston Mining Corporation (2021–2024)
The table below shows the annual net assets of Lexston Mining Corporation from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | €711.08K | -11.46% |
| 2023-05-31 | €803.10K | -8.08% |
| 2022-05-31 | €873.71K | -17.89% |
| 2021-05-31 | €1.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lexston Mining Corporation'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 350361200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €5.09 Million | 715.93% |
| Total Equity | €711.08K | 100.00% |
Lexston Mining Corporation Competitors by Market Cap
The table below lists competitors of Lexston Mining Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Biora Therapeutics Inc
OTCMKTS:BIOR
|
$553.69K |
|
BANNER
BE:FW2N
|
$553.96K |
|
REALTY
MU:RY6
|
$554.19K |
|
Quebec Rare Earth Elements Corp
PINK:QQREF
|
$555.54K |
|
Clover Power PCL
BK:CV
|
$553.20K |
|
Esthetics International Group
KLSE:5081
|
$552.90K |
|
FINNING INTL (CIH.SG)
STU:CIH
|
$551.51K |
|
Fuse Medical Inc
PINK:FZMD
|
$550.43K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lexston Mining Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 803,095 to 711,080, a change of -92,015 (-11.5%).
- Net loss of 867,713 reduced equity.
- New share issuances of 402,323 increased equity.
- Other factors increased equity by 373,375.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-867.71K | -122.03% |
| Share Issuances | €402.32K | +56.58% |
| Other Changes | €373.38K | +52.51% |
| Total Change | €- | -11.46% |
Book Value vs Market Value Analysis
This analysis compares Lexston Mining Corporation'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.
- The price-to-book ratio has increased from 0.03x to 0.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-05-31 | €1.06 | €0.04 | x |
| 2022-05-31 | €0.74 | €0.04 | x |
| 2023-05-31 | €0.26 | €0.04 | x |
| 2024-05-31 | €0.17 | €0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lexston Mining Corporation 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): -122.03%
- 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: 1.06x
- Recent ROE (-122.03%) is above the historical average (-152.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -82.34% | -587.57% | 0.14x | 1.04x | €-982.53K |
| 2022 | -265.56% | -642.70% | 0.38x | 1.09x | €-2.41 Million |
| 2023 | -138.06% | 0.00% | 0.00x | 1.01x | €-1.19 Million |
| 2024 | -122.03% | 0.00% | 0.00x | 1.06x | €-938.82K |
Industry Comparison
This section compares Lexston Mining Corporation'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: $436,445,058
- Average return on equity (ROE) among peers: -326.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lexston Mining Corporation (L75) | €512.62K | -82.34% | 0.28x | $553.31K |
| 14S0 (14S0) | $8.39 Million | -143.73% | 0.09x | $2.67 Million |
| 23B (23B) | $-1.27 Million | 0.00% | 0.00x | $1.87 Million |
| 2P30 (2P30) | $1.04 Million | -34.54% | 0.07x | $9.14 Million |
| Xinjiang Xinxin Mining Industry Co. Ltd (33X1) | $4.25 Billion | 0.64% | 0.78x | $176.96 Million |
| Agrimin Limited (3CL) | $82.11 Million | -6.49% | 0.16x | $11.54 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 | $98.31 Million |
| Arkle Resources PLC (48O) | $2.43 Million | -8.04% | 0.18x | $4.79 Million |
| Marula Mining PLC (48U0) | $-154.97K | 0.00% | 0.00x | $3.45 Million |
| Anglesey Mining plc (4A0) | $12.02 Million | -2.31% | 0.30x | $87.09K |