New Age Metals Inc
New Age Metals Inc. acquires, explores, and develops platinum group metals (PGMs), precious metals, base metals, and green metals lithium in Canada and the United States. The company explores for rhodium, palladium, platinum, gold, antimony, nickel, copper, and lithium deposits. Its flagship project is the 100% owned River Valley palladium project, which consists of two mining leases covering an … Read more
New Age Metals Inc (NMTLF) - Net Assets
Latest net assets as of October 2025: $17.04 Million USD
Based on the latest financial reports, New Age Metals Inc (NMTLF) has net assets worth $17.04 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.29 Million) and total liabilities ($249.23K). 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 | $17.04 Million |
| % of Total Assets | 98.56% |
| Annual Growth Rate | 8.78% |
| 5-Year Change | 4.29% |
| 10-Year Change | N/A |
| Growth Volatility | 98.38 |
New Age Metals Inc - Net Assets Trend (2000–2025)
This chart illustrates how New Age Metals 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 New Age Metals Inc (2000–2025)
The table below shows the annual net assets of New Age Metals Inc from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $13.06 Million | -3.76% |
| 2024-04-30 | $13.57 Million | -4.58% |
| 2023-04-30 | $14.22 Million | -4.13% |
| 2022-04-30 | $14.84 Million | +18.46% |
| 2021-04-30 | $12.52 Million | +171.78% |
| 2020-04-30 | $4.61 Million | +59.12% |
| 2019-04-30 | $2.90 Million | +0.58% |
| 2018-04-30 | $2.88 Million | -18.22% |
| 2017-04-30 | $3.52 Million | +470.89% |
| 2016-04-30 | $-949.31K | +34.20% |
| 2015-04-30 | $-1.44 Million | -116.49% |
| 2014-04-30 | $8.75 Million | -11.20% |
| 2013-04-30 | $9.85 Million | -23.94% |
| 2012-04-30 | $12.95 Million | -18.87% |
| 2011-04-30 | $15.96 Million | +44.32% |
| 2010-04-30 | $11.06 Million | +24.84% |
| 2009-04-30 | $8.86 Million | -47.07% |
| 2008-04-30 | $16.74 Million | +158.74% |
| 2007-04-30 | $6.47 Million | +28.18% |
| 2006-04-30 | $5.05 Million | +6.65% |
| 2005-04-30 | $4.73 Million | -8.35% |
| 2004-04-30 | $5.16 Million | +397.74% |
| 2003-04-30 | $1.04 Million | -25.49% |
| 2002-04-30 | $1.39 Million | -28.93% |
| 2001-04-30 | $1.96 Million | +22.98% |
| 2000-04-30 | $1.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to New Age Metals 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 5126979200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $64.33 Million | 492.50% |
| Total Equity | $13.06 Million | 100.00% |
New Age Metals Inc Competitors by Market Cap
The table below lists competitors of New Age Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fancy Wood Industries Public Company Limited
BK:FANCY
|
$2.87 Million |
|
Storebrand Indeks - Alle Markeder
CO:STIIAM
|
$2.87 Million |
|
Banka BioLoo Limited
NSE:BANKA
|
$2.87 Million |
|
Pardee Resources Co
PINK:PDER
|
$2.87 Million |
|
DXN Ltd
AU:DXN
|
$2.87 Million |
|
Teamo Productions HQ Limited
NSE:TPHQ
|
$2.87 Million |
|
Kentima Holding publ AB
ST:KENH
|
$2.87 Million |
|
CIE FIN TRADITION (CFI.SG)
STU:CFI
|
$2.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Age Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,572,115 to 13,062,296, a change of -509,819 (-3.8%).
- Net loss of 509,819 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-509.82K | -3.9% |
| Total Change | $- | -3.76% |
Book Value vs Market Value Analysis
This analysis compares New Age Metals 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
- Current price-to-book ratio: 0.26x
- 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 1.17x to 0.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-04-30 | $0.05 | $0.06 | x |
| 2018-04-30 | $0.04 | $0.06 | x |
| 2019-04-30 | $0.03 | $0.06 | x |
| 2020-04-30 | $0.03 | $0.06 | x |
| 2021-04-30 | $0.06 | $0.06 | x |
| 2022-04-30 | $0.07 | $0.06 | x |
| 2023-04-30 | $0.06 | $0.06 | x |
| 2024-04-30 | $0.24 | $0.06 | x |
| 2025-04-30 | $0.24 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Age Metals 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): -3.90%
- 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: 1.01x
- Recent ROE (-3.90%) is above the historical average (-5.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | 0.00% | 0.01x | 1.05x | $-159.32K |
| 2001 | 0.00% | 0.00% | 0.07x | 1.09x | $-195.92K |
| 2002 | 0.00% | 0.00% | 0.07x | 1.66x | $-139.24K |
| 2003 | 0.00% | 0.00% | 0.13x | 1.20x | $-103.75K |
| 2004 | 0.00% | 0.00% | 0.04x | 1.02x | $-516.39K |
| 2005 | 0.00% | 0.00% | 0.05x | 1.02x | $-473.25K |
| 2006 | 0.00% | 0.00% | 0.02x | 1.01x | $-504.72K |
| 2007 | 0.00% | 0.00% | 0.01x | 1.02x | $-646.95K |
| 2008 | 0.00% | 0.00% | 0.02x | 1.01x | $-1.67 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 1.43x | $-886.01K |
| 2010 | 0.00% | 0.00% | 0.00x | 1.01x | $-1.11 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 1.03x | $-1.60 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 1.03x | $-1.30 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 1.01x | $-985.11K |
| 2014 | -9.39% | 0.00% | 0.00x | 1.01x | $-1.70 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.03 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.54 Million |
| 2017 | -2.39% | 0.00% | 0.00x | 1.04x | $-436.34K |
| 2018 | -48.49% | 0.00% | 0.00x | 1.09x | $-1.68 Million |
| 2019 | -45.12% | 0.00% | 0.00x | 1.08x | $-1.60 Million |
| 2020 | -13.70% | 0.00% | 0.00x | 1.02x | $-1.09 Million |
| 2021 | -5.74% | 0.00% | 0.00x | 1.03x | $-1.97 Million |
| 2022 | -7.97% | 0.00% | 0.00x | 1.02x | $-2.67 Million |
| 2023 | -4.57% | 0.00% | 0.00x | 1.03x | $-2.07 Million |
| 2024 | -4.85% | 0.00% | 0.00x | 1.14x | $-2.01 Million |
| 2025 | -3.90% | 0.00% | 0.00x | 1.01x | $-1.82 Million |
Industry Comparison
This section compares New Age Metals Inc'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 |
|---|---|---|---|---|
| New Age Metals Inc (NMTLF) | $17.04 Million | 0.00% | 0.01x | $2.87 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 |