European Energy Metals Corp.
Grit Metals Corp. operates as a junior mining exploration company. It primarily focuses on the Lithium-Cesium-Tantalum Finnish Pegmatite Project located in central Finland. The company was formerly known as European Energy Metals Corp. and changed its name to Grit Metals Corp. in October 2024. The company was incorporated in 2021 and is based in Vancouver, Canada. Grit Metals Corp. is a subsidiar… Read more
European Energy Metals Corp. (EUEMF) - Net Assets
Latest net assets as of November 2025: $4.52 Million USD
Based on the latest financial reports, European Energy Metals Corp. (EUEMF) has net assets worth $4.52 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.66 Million) and total liabilities ($144.63K). 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 | $4.52 Million |
| % of Total Assets | 96.9% |
| Annual Growth Rate | 16436.49% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 34744040.72 |
European Energy Metals Corp. - Net Assets Trend (2021–2024)
This chart illustrates how European Energy Metals 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 European Energy Metals Corp. (2021–2024)
The table below shows the annual net assets of European Energy Metals Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | $4.54 Million | +235.96% |
| 2023-05-31 | $1.35 Million | +83.26% |
| 2022-05-31 | $737.03K | +73703400.00% |
| 2021-05-31 | $1.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to European Energy Metals 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 323720000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $7.78 Million | 171.34% |
| Total Equity | $4.54 Million | 100.00% |
European Energy Metals Corp. Competitors by Market Cap
The table below lists competitors of European Energy Metals Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ECR Minerals plc
LSE:ECR
|
$1.04K |
|
MOONLIGHT FPO [ML8]
AU:ML8
|
$1.04K |
|
Binhthuan Agriculture Services JSC
VN:ABS
|
$1.04K |
|
BURIRAM SUGAR GROUP POWER PLANT INFRASTRUCTURE FUND
BK:BRRGIF
|
$1.04K |
|
ENERGY METALS
MU:E9M
|
$1.04K |
|
NeuroThera Labs Inc.
V:NTLX
|
$1.04K |
|
Eagle Royalties Ltd.
OTCGREY:ERYTF
|
$1.03K |
|
Velocity Composites plc
LSE:VEL
|
$1.03K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in European Energy Metals Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,350,703 to 4,537,832, a change of 3,187,129 (236.0%).
- Net loss of 2,211,569 reduced equity.
- New share issuances of 4,328,407 increased equity.
- Other factors increased equity by 1,070,291.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.21 Million | -48.74% |
| Share Issuances | $4.33 Million | +95.38% |
| Other Changes | $1.07 Million | +23.59% |
| Total Change | $- | 235.96% |
Book Value vs Market Value Analysis
This analysis compares European Energy Metals 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: 0.86x
- 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 decreased from 770870.58x to 0.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-05-31 | $0.00 | $0.11 | x |
| 2022-05-31 | $0.10 | $0.11 | x |
| 2023-05-31 | $0.06 | $0.11 | x |
| 2024-05-31 | $0.12 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently European Energy Metals 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): -48.74%
- 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: 1.05x
- Recent ROE (-48.74%) is above the historical average (-50.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -58.63% | 0.00% | 0.00x | 1.11x | $-505.85K |
| 2023 | -43.94% | 0.00% | 0.00x | 1.12x | $-728.55K |
| 2024 | -48.74% | 0.00% | 0.00x | 1.05x | $-2.67 Million |
Industry Comparison
This section compares European Energy Metals 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 |
|---|---|---|---|---|
| European Energy Metals Corp. (EUEMF) | $4.52 Million | -58.63% | 0.03x | $1.04K |
| 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 |