Palamina Corp
Palamina Corp. engages in the exploration of mineral deposits in Peru and Mexico. The company primarily explores for gold, silver, and copper deposits. Its flagship project is the 100% owned Usicayos Gold project comprising 11,612 hectares of mineral concessions in Peru. Palamina Corp. was incorporated in 2015 and is headquartered in Toronto, Canada.
Palamina Corp (PLMNF) - Net Assets
Latest net assets as of September 2025: $-1.47 Million USD
Based on the latest financial reports, Palamina Corp (PLMNF) has net assets worth $-1.47 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($165.68K) and total liabilities ($1.64 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 | $-1.47 Million |
| % of Total Assets | -887.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 220.25 |
Palamina Corp - Net Assets Trend (2015–2024)
This chart illustrates how Palamina 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 Palamina Corp (2015–2024)
The table below shows the annual net assets of Palamina Corp from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-130.36K | -104.43% |
| 2023-12-31 | $2.94 Million | +2256.40% |
| 2022-12-31 | $-136.48K | -106.37% |
| 2021-12-31 | $2.14 Million | +1102.53% |
| 2020-12-31 | $-213.66K | -596.69% |
| 2019-12-31 | $43.02K | +111.41% |
| 2018-12-31 | $-377.16K | -450.39% |
| 2017-12-31 | $107.64K | -93.43% |
| 2016-12-31 | $1.64 Million | +12.10% |
| 2015-12-31 | $1.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Palamina 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 1095556100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $10.83 Million | % |
| Total Equity | $-130.36K | 100.00% |
Palamina Corp Competitors by Market Cap
The table below lists competitors of Palamina Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coastal Greenland Limited
F:CGR0
|
$4.47 Million |
|
GT Biopharma Inc
NASDAQ:GTBP
|
$4.47 Million |
|
Australian Oilseeds Holdings Limited Ordinary Shares
NASDAQ:COOT
|
$4.47 Million |
|
King Tire Indonesia
JK:TYRE
|
$4.47 Million |
|
Korea Plasma Technology U Co.Ltd
KQ:054410
|
$4.47 Million |
|
Pop Culture Group Co Ltd
NASDAQ:CPOP
|
$4.47 Million |
|
0EL9
LSE:0EL9
|
$4.47 Million |
|
Tomypak Holdings Bhd
KLSE:7285
|
$4.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Palamina Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,942,993 to -130,356, a change of -3,073,349 (-104.4%).
- Net loss of 3,220,091 reduced equity.
- Other factors increased equity by 146,742.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.22 Million | -2470.23% |
| Other Changes | $146.74K | +112.57% |
| Total Change | $- | -104.43% |
Book Value vs Market Value Analysis
This analysis compares Palamina 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.07 | x |
| 2016-12-31 | $0.00 | $0.07 | x |
| 2017-12-31 | $0.00 | $0.07 | x |
| 2018-12-31 | $-0.01 | $0.07 | x |
| 2019-12-31 | $0.00 | $0.07 | x |
| 2020-12-31 | $0.00 | $0.07 | x |
| 2021-12-31 | $0.03 | $0.07 | x |
| 2022-12-31 | $0.00 | $0.07 | x |
| 2023-12-31 | $0.04 | $0.07 | x |
| 2024-12-31 | $0.00 | $0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Palamina 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-496.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-214.41K |
| 2015 | -46.85% | 0.00% | 0.00x | 1.09x | $-830.39K |
| 2016 | -61.89% | 0.00% | 0.00x | 1.08x | $-1.18 Million |
| 2017 | -1575.06% | 0.00% | 0.00x | 3.48x | $-1.71 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.88 Million |
| 2019 | -3714.68% | 0.00% | 0.00x | 13.86x | $-1.60 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.57 Million |
| 2021 | -143.05% | 0.00% | 0.00x | 1.24x | $-3.28 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.38 Million |
| 2023 | 77.23% | 0.00% | 0.00x | 1.26x | $1.98 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.21 Million |
Industry Comparison
This section compares Palamina Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Palamina Corp (PLMNF) | $-1.47 Million | 0.00% | N/A | $4.47 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |