Cygnus Metals Limited
Cygnus Metals Limited engages in the exploration of mineral properties in Canada and Western Australia. The company explores for lithium, gold, nickel, and copper deposits, as well as rare earth elements and platinum group elements. Its flagship projects include the Corner Bay and Devlin projects located on south of Chibougamau, Québec. The company was formerly known as Cygnus Gold Limited and ch… Read more
Cygnus Metals Limited (CYGGF) - Net Assets
Latest net assets as of December 2024: $71.47 Million USD
Based on the latest financial reports, Cygnus Metals Limited (CYGGF) has net assets worth $71.47 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($78.88 Million) and total liabilities ($7.41 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 | $71.47 Million |
| % of Total Assets | 90.61% |
| Annual Growth Rate | 69.62% |
| 5-Year Change | 2016.41% |
| 10-Year Change | N/A |
| Growth Volatility | 179.55 |
Cygnus Metals Limited - Net Assets Trend (2019–2024)
This chart illustrates how Cygnus Metals Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cygnus Metals Limited (2019–2024)
The table below shows the annual net assets of Cygnus Metals Limited from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $71.47 Million | +164.92% |
| 2023-12-31 | $26.98 Million | +55.02% |
| 2022-12-31 | $17.40 Million | +459.55% |
| 2021-12-31 | $3.11 Million | -7.90% |
| 2020-12-31 | $3.38 Million | -33.58% |
| 2019-12-31 | $5.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cygnus Metals Limited'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 2933606200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $103.17 Million | 144.37% |
| Total Equity | $71.47 Million | 100.00% |
Cygnus Metals Limited Competitors by Market Cap
The table below lists competitors of Cygnus Metals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Furonteer Inc.
KQ:370090
|
$46.27 Million |
|
Brisanet Participacoes SA
SA:BRIT3
|
$46.28 Million |
|
Selcuk Gida Endustri Ihracat Ithalat AS
IS:SELGD
|
$46.28 Million |
|
Pathfinder Bancorp Inc
NASDAQ:PBHC
|
$46.29 Million |
|
Arn Media Ltd
AU:A1N
|
$46.27 Million |
|
Burelle S.A.
LSE:0OG5
|
$46.27 Million |
|
QSYS
ST:QSYS
|
$46.25 Million |
|
TMP Steel
TWO:6248
|
$46.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cygnus Metals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,977,396 to 71,467,357, a change of 44,489,961 (164.9%).
- Net loss of 3,772,569 reduced equity.
- Share repurchases of 673,776 reduced equity.
- New share issuances of 13,996,000 increased equity.
- Other factors increased equity by 34,940,306.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.77 Million | -5.28% |
| Share Repurchases | $673.78K | -0.94% |
| Share Issuances | $14.00 Million | +19.58% |
| Other Changes | $34.94 Million | +48.89% |
| Total Change | $- | 164.92% |
Book Value vs Market Value Analysis
This analysis compares Cygnus Metals Limited'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: 0.70x
- 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 |
|---|---|---|---|
| 2019-12-31 | $0.07 | $0.06 | x |
| 2020-12-31 | $0.03 | $0.06 | x |
| 2021-12-31 | $0.03 | $0.06 | x |
| 2022-12-31 | $0.09 | $0.06 | x |
| 2023-12-31 | $0.09 | $0.06 | x |
| 2024-12-31 | $0.08 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cygnus Metals Limited 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): -5.28%
- 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: 1.10x
- Recent ROE (-5.28%) is above the historical average (-63.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -17.13% | 0.00% | 0.00x | 1.07x | $-1.38 Million |
| 2020 | -228.63% | 0.00% | 0.00x | 1.05x | $-8.06 Million |
| 2021 | -66.92% | -8363.87% | 0.01x | 1.13x | $-2.39 Million |
| 2022 | -13.33% | -2508.65% | 0.00x | 1.23x | $-4.06 Million |
| 2023 | -50.04% | -155175.82% | 0.00x | 1.30x | $-16.20 Million |
| 2024 | -5.28% | 0.00% | 0.00x | 1.10x | $-10.92 Million |
Industry Comparison
This section compares Cygnus Metals Limited'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: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cygnus Metals Limited (CYGGF) | $71.47 Million | -17.13% | 0.10x | $46.27 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |