Diamcor Mining Inc
Diamcor Mining Inc., a junior mining and exploration company, identifies, acquires, explores, evaluates, operates, and develops diamond-based resource properties. The company's flagship property is the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa. The company was incorpor… Read more
Diamcor Mining Inc (DMIFF) - Net Assets
Latest net assets as of December 2024: $-6.57 Million USD
Based on the latest financial reports, Diamcor Mining Inc (DMIFF) has net assets worth $-6.57 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 ($4.22 Million) and total liabilities ($10.79 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 | $-6.57 Million |
| % of Total Assets | -155.41% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -710.84% |
| Growth Volatility | 138.32 |
Diamcor Mining Inc - Net Assets Trend (2013–2024)
This chart illustrates how Diamcor Mining 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 Diamcor Mining Inc (2013–2024)
The table below shows the annual net assets of Diamcor Mining Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $-9.06 Million | -277.40% |
| 2023-03-31 | $-2.40 Million | -7.88% |
| 2022-03-31 | $-2.23 Million | +48.05% |
| 2021-03-31 | $-4.29 Million | -73.92% |
| 2020-03-31 | $-2.46 Million | -366.54% |
| 2019-03-31 | $924.43K | -64.87% |
| 2018-03-31 | $2.63 Million | +4.90% |
| 2017-03-31 | $2.51 Million | +365.89% |
| 2016-03-31 | $-943.42K | -163.58% |
| 2015-03-31 | $1.48 Million | -0.15% |
| 2014-03-31 | $1.49 Million | +128.43% |
| 2013-03-31 | $-5.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Diamcor Mining 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 5115265600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $45.75 Million | % |
| Total Equity | $-5.41 Million | 100.00% |
Diamcor Mining Inc Competitors by Market Cap
The table below lists competitors of Diamcor Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AIRA Factoring Public Company Limited
BK:AF
|
$1.14 Million |
|
Moab Minerals Ltd
AU:MOM
|
$1.14 Million |
|
K9 Gold Corp
OTCQB:WDFCF
|
$1.14 Million |
|
Baroyeca Gold & Silver Inc
PINK:BRYGF
|
$1.14 Million |
|
Zenicor Medical Systems AB
ST:ZENI
|
$1.13 Million |
|
DCM Financial Services Limited
NSE:DCMFINSERV
|
$1.13 Million |
|
HCW Biologics Inc
NASDAQ:HCWB
|
$1.13 Million |
|
NEXANS - Dusseldorf Stock Exchang
DU:NXS
|
$1.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Diamcor Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 814,553 to -5,405,561, a change of -6,220,114 (-763.6%).
- Net loss of 5,644,231 reduced equity.
- Other factors decreased equity by 575,883.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.64 Million | -104.42% |
| Other Changes | $-575.88K | -10.65% |
| Total Change | $- | -763.62% |
Book Value vs Market Value Analysis
This analysis compares Diamcor Mining 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | $0.13 | $0.01 | x |
| 2018-03-31 | $0.14 | $0.01 | x |
| 2019-03-31 | $0.09 | $0.01 | x |
| 2020-03-31 | $0.02 | $0.01 | x |
| 2021-03-31 | $0.00 | $0.01 | x |
| 2022-03-31 | $0.02 | $0.01 | x |
| 2023-03-31 | $0.01 | $0.01 | x |
| 2024-03-31 | $-0.04 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Diamcor Mining 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -502.25%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-165.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.07x | 0.00x | $0.00 |
| 2014 | -102.11% | -77.07% | 0.36x | 3.65x | $-3.28 Million |
| 2015 | -48.75% | -63.05% | 0.28x | 2.74x | $-2.34 Million |
| 2016 | -141.78% | -62.09% | 0.55x | 4.14x | $-3.11 Million |
| 2017 | -17.98% | -19.76% | 0.50x | 1.82x | $-1.82 Million |
| 2018 | -40.77% | -51.01% | 0.52x | 1.53x | $-3.78 Million |
| 2019 | -45.98% | -63.55% | 0.47x | 1.53x | $-3.18 Million |
| 2020 | -277.50% | -87.20% | 0.44x | 7.24x | $-3.58 Million |
| 2021 | -1051.07% | -204.52% | 0.17x | 31.09x | $-3.12 Million |
| 2022 | -100.08% | -41.92% | 0.64x | 3.73x | $-2.66 Million |
| 2023 | -161.49% | -18.24% | 0.90x | 9.85x | $-1.40 Million |
| 2024 | 0.00% | -502.25% | 0.28x | 0.00x | $-5.10 Million |
Industry Comparison
This section compares Diamcor Mining Inc's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Diamcor Mining Inc (DMIFF) | $-6.57 Million | 0.00% | N/A | $1.13 Million |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |