Silverton Metals Corp
Lodestar Metals Corp. engages in the mineral exploration and development business in Canada and Mexico. The company explores for Lithium and Silver deposits. Its flagship property is 100% owned the Peny property, which comprises 47 mineral claims covering an area of approximately 11,191 hectares located in Snow Lake District, Manitoba. The company was formerly known as Lodestar Battery Metals Cor… Read more
Silverton Metals Corp (SVTNF) - Net Assets
Latest net assets as of September 2024: $2.19 Million USD
Based on the latest financial reports, Silverton Metals Corp (SVTNF) has net assets worth $2.19 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.53 Million) and total liabilities ($1.34 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 | $2.19 Million |
| % of Total Assets | 61.93% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1351.19 |
Silverton Metals Corp - Net Assets Trend (2019–2023)
This chart illustrates how Silverton 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 Silverton Metals Corp (2019–2023)
The table below shows the annual net assets of Silverton Metals Corp from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $2.64 Million | -77.13% |
| 2022-12-31 | $11.55 Million | +13.99% |
| 2021-12-31 | $10.13 Million | +2833.66% |
| 2020-12-31 | $345.24K | +756.46% |
| 2019-12-31 | $-52.59K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Silverton 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 1299199300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $16.10 Million | 609.78% |
| Total Equity | $2.64 Million | 100.00% |
Silverton Metals Corp Competitors by Market Cap
The table below lists competitors of Silverton Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MONDELEZ INT-A
HM:KTF
|
$488.71K |
|
Decker Manufacturing Corporation
PINK:DMFG
|
$488.85K |
|
JINGRUI HLDGS LTD DL-01
F:9JW
|
$489.68K |
|
Ristia Bintang Mahkotasejati
JK:RBMS
|
$489.82K |
|
PAN AMER SILVER
MU:PA2
|
$487.09K |
|
J P Morgan Exchange-Traded Fund Trust - High Yield Municipal ETF Fund
NASDAQ:JMHI
|
$486.98K |
|
Kokoh Inti Arebama Tbk
JK:KOIN
|
$486.34K |
|
FREEPORT MCMORAN (FPMB.SG)
STU:FPMB
|
$486.08K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Silverton Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 11,545,367 to 2,640,682, a change of -8,904,685 (-77.1%).
- Net loss of 9,014,329 reduced equity.
- Other factors increased equity by 109,644.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.01 Million | -341.36% |
| Other Changes | $109.64K | +4.15% |
| Total Change | $- | -77.13% |
Book Value vs Market Value Analysis
This analysis compares Silverton 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: 0.18x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.00 | $0.01 | x |
| 2020-12-31 | $0.01 | $0.01 | x |
| 2021-12-31 | $0.37 | $0.01 | x |
| 2022-12-31 | $0.26 | $0.01 | x |
| 2023-12-31 | $0.06 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Silverton 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): -341.36%
- 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: 1.50x
- Recent ROE (-341.36%) is below the historical average (-85.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-56.72K |
| 2020 | -28.07% | 0.00% | 0.00x | 1.17x | $-131.42K |
| 2021 | -39.26% | 0.00% | 0.00x | 1.20x | $-4.99 Million |
| 2022 | -16.65% | 0.00% | 0.00x | 1.13x | $-3.08 Million |
| 2023 | -341.36% | 0.00% | 0.00x | 1.50x | $-9.28 Million |
Industry Comparison
This section compares Silverton 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 |
|---|---|---|---|---|
| Silverton Metals Corp (SVTNF) | $2.19 Million | 0.00% | 0.61x | $487.59K |
| 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 |