Myriad Uranium Corp.
Myriad Uranium Corp. operates as a mineral exploration company in the United States. the company primarily explores for uranium. It holds an option agreement to acquire a 75% interest in the Copper Mountain project covering an area of 9,320 acres located in Wyoming. The company also has an option to acquire the Red Basin Uranium Property which covers an area of approximately 1,776 acres located i… Read more
Myriad Uranium Corp. (MYRUF) - Net Assets
Latest net assets as of April 2025: $3.68 Million USD
Based on the latest financial reports, Myriad Uranium Corp. (MYRUF) has net assets worth $3.68 Million USD as of April 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.00 Million) and total liabilities ($321.60K). 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 | $3.68 Million |
| % of Total Assets | 91.97% |
| Annual Growth Rate | 74.79% |
| 5-Year Change | 121.27% |
| 10-Year Change | N/A |
| Growth Volatility | 209.67 |
Myriad Uranium Corp. - Net Assets Trend (2019–2025)
This chart illustrates how Myriad Uranium 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 Myriad Uranium Corp. (2019–2025)
The table below shows the annual net assets of Myriad Uranium Corp. from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $3.68 Million | +549.15% |
| 2024-04-30 | $567.32K | -78.57% |
| 2023-04-30 | $2.65 Million | +98.20% |
| 2022-04-30 | $1.34 Million | -19.75% |
| 2021-04-30 | $1.66 Million | +285.16% |
| 2020-04-30 | $432.13K | +234.81% |
| 2019-04-30 | $129.06K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Myriad Uranium 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 1438069600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $18.07 Million | 490.62% |
| Total Equity | $3.68 Million | 100.00% |
Myriad Uranium Corp. Competitors by Market Cap
The table below lists competitors of Myriad Uranium Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Borneo Oil Bhd
KLSE:7036
|
$12.53 Million |
|
OCR Group Bhd
KLSE:7071
|
$12.53 Million |
|
Goa Carbon Limited
NSE:GOACARBON
|
$12.54 Million |
|
Eden Research plc
PINK:EDNSF
|
$12.54 Million |
|
Sirios Resources Inc
OTCQB:SIREF
|
$12.52 Million |
|
KineMaster Corporation
KQ:139670
|
$12.52 Million |
|
KINGFISH COMPANY EO -01
F:93G
|
$12.52 Million |
|
Smith Micro Software Inc
NASDAQ:SMSI
|
$12.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Myriad Uranium Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 567,318 to 3,682,748, a change of 3,115,430 (549.2%).
- Net loss of 8,453,181 reduced equity.
- New share issuances of 8,688,214 increased equity.
- Other factors increased equity by 2,880,397.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.45 Million | -229.53% |
| Share Issuances | $8.69 Million | +235.92% |
| Other Changes | $2.88 Million | +78.21% |
| Total Change | $- | 549.15% |
Book Value vs Market Value Analysis
This analysis compares Myriad Uranium 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: 3.04x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.77x to 3.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-04-30 | $0.02 | $0.16 | x |
| 2020-04-30 | $0.08 | $0.16 | x |
| 2021-04-30 | $0.11 | $0.16 | x |
| 2022-04-30 | $0.09 | $0.16 | x |
| 2023-04-30 | $0.10 | $0.16 | x |
| 2024-04-30 | $0.02 | $0.16 | x |
| 2025-04-30 | $0.05 | $0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Myriad Uranium 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): -229.53%
- 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 (-229.53%) is below the historical average (-168.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -32.43% | 0.00% | 0.00x | 1.04x | $-183.36K |
| 2021 | -16.41% | 0.00% | 0.00x | 1.01x | $-439.63K |
| 2022 | -24.80% | 0.00% | 0.00x | 1.02x | $-464.80K |
| 2023 | -56.61% | 0.00% | 0.00x | 1.02x | $-1.76 Million |
| 2024 | -649.43% | 0.00% | 0.00x | 1.35x | $-3.74 Million |
| 2025 | -229.53% | 0.00% | 0.00x | 1.09x | $-8.82 Million |
Industry Comparison
This section compares Myriad Uranium 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: $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 |
|---|---|---|---|---|
| Myriad Uranium Corp. (MYRUF) | $3.68 Million | -32.43% | 0.09x | $12.52 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 |