Sterling Metals Corp
Sterling Metals Corp. engages in the discovery, acquisition, exploration, and development of mineral properties in Canada. It holds an option agreement to acquire a 100% interest in the Adeline copper silver project covering an area of approximately 29,700 hectares located in Labrador; and the Sail Pond silver-copper-lead-zinc project covering an area of 13,500 hectares located in the Great North… Read more
Sterling Metals Corp (SAGGF) - Net Assets
Latest net assets as of September 2025: $17.58 Million USD
Based on the latest financial reports, Sterling Metals Corp (SAGGF) has net assets worth $17.58 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 ($17.89 Million) and total liabilities ($310.10K). 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 | $17.58 Million |
| % of Total Assets | 98.27% |
| Annual Growth Rate | 16.16% |
| 5-Year Change | 121.68% |
| 10-Year Change | -18.09% |
| Growth Volatility | 162.64 |
Sterling Metals Corp - Net Assets Trend (2004–2024)
This chart illustrates how Sterling 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 Sterling Metals Corp (2004–2024)
The table below shows the annual net assets of Sterling Metals Corp from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $14.11 Million | -18.26% |
| 2023-12-31 | $17.26 Million | +42.68% |
| 2022-12-31 | $12.10 Million | +36.62% |
| 2021-12-31 | $8.85 Million | +39.12% |
| 2020-12-31 | $6.36 Million | +2003.76% |
| 2019-12-31 | $-334.30K | -309.09% |
| 2018-12-31 | $-81.72K | -100.42% |
| 2017-12-31 | $19.51 Million | -0.76% |
| 2016-12-31 | $19.66 Million | +14.14% |
| 2015-12-31 | $17.22 Million | +2.36% |
| 2014-12-31 | $16.83 Million | +6.02% |
| 2013-12-31 | $15.87 Million | -2.91% |
| 2012-12-31 | $16.35 Million | -14.69% |
| 2011-12-31 | $19.16 Million | -6.40% |
| 2010-12-31 | $20.47 Million | +60.55% |
| 2009-12-31 | $12.75 Million | +28.26% |
| 2008-12-31 | $9.94 Million | -17.56% |
| 2007-12-31 | $12.06 Million | +274.31% |
| 2006-12-31 | $3.22 Million | +655.79% |
| 2005-12-31 | $426.24K | -39.52% |
| 2004-12-31 | $704.73K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sterling 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 6518361300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $79.40 Million | 562.79% |
| Total Equity | $14.11 Million | 100.00% |
Sterling Metals Corp Competitors by Market Cap
The table below lists competitors of Sterling Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ostin Technology Group Co Ltd
NASDAQ:OST
|
$8.49 Million |
|
SUPREME DISTRIBUTION PUBLIC COMPANY LIMITED
BK:SPREME
|
$8.50 Million |
|
Sonnet Biotherapeutics Holdings Inc
NASDAQ:SONN
|
$8.50 Million |
|
Radio Fuels Energy Corp
OTCQB:CKEFF
|
$8.50 Million |
|
Prajay Engineers Syndicate Limited
NSE:PRAENG
|
$8.49 Million |
|
Visionary Copper and Gold Mines Inc.
F:CAX
|
$8.48 Million |
|
Medico Remedies Limited
NSE:MEDICO
|
$8.48 Million |
|
Dataprep Holdings Bhd
KLSE:8338
|
$8.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sterling Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,259,322 to 14,108,416, a change of -3,150,906 (-18.3%).
- Net loss of 10,718,952 reduced equity.
- New share issuances of 1,029,340 increased equity.
- Other factors increased equity by 6,538,706.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.72 Million | -75.98% |
| Share Issuances | $1.03 Million | +7.3% |
| Other Changes | $6.54 Million | +46.35% |
| Total Change | $- | -18.26% |
Book Value vs Market Value Analysis
This analysis compares Sterling 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: 0.40x
- 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 increased from 0.03x to 0.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $7.27 | $0.23 | x |
| 2005-12-31 | $3.10 | $0.23 | x |
| 2006-12-31 | $19.39 | $0.23 | x |
| 2007-12-31 | $31.04 | $0.23 | x |
| 2008-12-31 | $18.67 | $0.23 | x |
| 2009-12-31 | $19.61 | $0.23 | x |
| 2010-12-31 | $26.02 | $0.23 | x |
| 2011-12-31 | $22.01 | $0.23 | x |
| 2012-12-31 | $18.49 | $0.23 | x |
| 2013-12-31 | $17.08 | $0.23 | x |
| 2014-12-31 | $16.53 | $0.23 | x |
| 2015-12-31 | $14.72 | $0.23 | x |
| 2016-12-31 | $4.02 | $0.23 | x |
| 2017-12-31 | $2.45 | $0.23 | x |
| 2018-12-31 | $-0.01 | $0.23 | x |
| 2019-12-31 | $-0.02 | $0.23 | x |
| 2020-12-31 | $0.33 | $0.23 | x |
| 2021-12-31 | $0.19 | $0.23 | x |
| 2022-12-31 | $0.20 | $0.23 | x |
| 2023-12-31 | $1.53 | $0.23 | x |
| 2024-12-31 | $0.57 | $0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sterling 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): -75.98%
- 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: 1.03x
- Recent ROE (-75.98%) is below the historical average (-21.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -15.50% | 0.00% | 0.00x | 1.11x | $-179.73K |
| 2005 | -65.34% | 0.00% | 0.00x | 1.14x | $-321.12K |
| 2006 | -37.14% | 0.00% | 0.00x | 1.18x | $-1.49 Million |
| 2007 | -47.38% | 0.00% | 0.00x | 1.05x | $-6.91 Million |
| 2008 | -73.20% | 0.00% | 0.00x | 1.03x | $-8.27 Million |
| 2009 | 6.90% | 0.00% | 0.00x | 1.02x | $-394.89K |
| 2010 | 23.15% | 0.00% | 0.00x | 1.01x | $2.69 Million |
| 2011 | -10.97% | -1320.82% | 0.01x | 1.02x | $-4.02 Million |
| 2012 | -19.86% | 0.00% | 0.00x | 1.03x | $-4.88 Million |
| 2013 | -13.58% | 0.00% | 0.00x | 1.06x | $-3.74 Million |
| 2014 | -13.71% | 0.00% | 0.00x | 1.13x | $-3.99 Million |
| 2015 | -8.25% | 0.00% | 0.00x | 1.10x | $-3.14 Million |
| 2016 | -15.74% | 0.00% | 0.00x | 1.09x | $-5.06 Million |
| 2017 | -12.50% | 0.00% | 0.00x | 1.14x | $-4.39 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-21.44 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-244.15K |
| 2020 | -32.38% | 0.00% | 0.00x | 1.06x | $-2.70 Million |
| 2021 | -15.53% | 0.00% | 0.00x | 1.03x | $-2.26 Million |
| 2022 | -12.74% | 0.00% | 0.00x | 1.03x | $-2.75 Million |
| 2023 | -9.06% | 0.00% | 0.00x | 1.04x | $-3.29 Million |
| 2024 | -75.98% | 0.00% | 0.00x | 1.03x | $-12.13 Million |
Industry Comparison
This section compares Sterling 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 |
|---|---|---|---|---|
| Sterling Metals Corp (SAGGF) | $17.58 Million | -15.50% | 0.02x | $8.49 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 |