Signature Resources Ltd
Signature Resources Ltd. engages in the identification, evaluation, and exploration of mineral resource assets in Canada. The company primarily explores for precious metals. It holds a 100% interest in the Lingman Lake Gold property that includes 1,300 staked claims, four freehold full patented claims, and 14 mineral rights patented claims covering an area of approximately 24,761 hectares located… Read more
Signature Resources Ltd (SGGTF) - Net Assets
Latest net assets as of April 2025: $-1.07 Million USD
Based on the latest financial reports, Signature Resources Ltd (SGGTF) has net assets worth $-1.07 Million USD as of April 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.27 Million) and total liabilities ($2.34 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 | $-1.07 Million |
| % of Total Assets | -84.39% |
| Annual Growth Rate | N/A |
| 5-Year Change | -117.94% |
| 10-Year Change | -216.45% |
| Growth Volatility | 83.73 |
Signature Resources Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Signature Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Signature Resources Ltd (2013–2024)
The table below shows the annual net assets of Signature Resources Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | $-963.30K | -0.80% |
| 2023-10-31 | $-955.66K | -1.42% |
| 2022-10-31 | $-942.24K | -106.92% |
| 2021-10-31 | $13.62 Million | +153.64% |
| 2020-10-31 | $5.37 Million | +21.71% |
| 2019-10-31 | $4.41 Million | -5.12% |
| 2018-10-31 | $4.65 Million | +92.40% |
| 2017-10-31 | $2.42 Million | +5.38% |
| 2016-10-31 | $2.29 Million | +177.18% |
| 2015-10-31 | $827.23K | +31.14% |
| 2014-10-31 | $630.79K | -18.30% |
| 2013-10-31 | $772.07K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Signature Resources Ltd'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 2582420100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $26.17 Million | % |
| Total Equity | $-963.30K | 100.00% |
Signature Resources Ltd Competitors by Market Cap
The table below lists competitors of Signature Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sub Sri Thai Public Company Limited
BK:SST
|
$4.30 Million |
|
Helio SA
WAR:HEL
|
$4.30 Million |
|
Infinite Ore Corp
OTCQB:ARXRF
|
$4.30 Million |
|
Prismaflex International S.A.
STU:RFX
|
$4.30 Million |
|
Saehwa IMC Co Ltd
KO:145210
|
$4.29 Million |
|
CTRL Group Limited Ordinary Shares
NASDAQ:MCTR
|
$4.29 Million |
|
DPS Resources Bhd
KLSE:7198
|
$4.29 Million |
|
Dexon Technology PCL
BK:DEXON
|
$4.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Signature Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -955,661 to -963,305, a change of -7,644.
- Net loss of 2,822,920 reduced equity.
- New share issuances of 2,797,487 increased equity.
- Other factors increased equity by 17,789.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.82 Million | -293.05% |
| Share Issuances | $2.80 Million | +290.41% |
| Other Changes | $17.79K | +1.85% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Signature Resources Ltd'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 |
|---|---|---|---|
| 2017-10-31 | $0.04 | $0.04 | x |
| 2018-10-31 | $0.05 | $0.04 | x |
| 2019-10-31 | $0.04 | $0.04 | x |
| 2020-10-31 | $0.04 | $0.04 | x |
| 2021-10-31 | $0.06 | $0.04 | x |
| 2022-10-31 | $-0.02 | $0.04 | x |
| 2023-10-31 | $-0.01 | $0.04 | x |
| 2024-10-31 | $-0.01 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Signature Resources Ltd 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 (-12.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -11.53% | 0.00% | 0.00x | 2.81x | $-166.20K |
| 2014 | -32.54% | 0.00% | 0.00x | 3.37x | $-268.37K |
| 2015 | -14.22% | 0.00% | 0.00x | 2.61x | $-200.34K |
| 2016 | -12.84% | 0.00% | 0.00x | 1.59x | $-523.64K |
| 2017 | -17.58% | 0.00% | 0.00x | 1.56x | $-666.35K |
| 2018 | -11.19% | 0.00% | 0.00x | 1.32x | $-985.21K |
| 2019 | -16.92% | 0.00% | 0.00x | 1.48x | $-1.19 Million |
| 2020 | -18.52% | 0.00% | 0.00x | 1.35x | $-1.53 Million |
| 2021 | -10.18% | 0.00% | 0.00x | 1.16x | $-2.75 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.27 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.04 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.73 Million |
Industry Comparison
This section compares Signature Resources Ltd'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 |
|---|---|---|---|---|
| Signature Resources Ltd (SGGTF) | $-1.07 Million | -11.53% | N/A | $4.29 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 |