TRU Precious Metals Corp
TRU Precious Metals Corp. engages in mineral exploration and development activities in Canada. The company explores for gold and copper deposits. Its flagship project includes 100% owned the Golden Rose project located in Central Newfoundland, Canada. The company was formerly known as Trius Investments Inc. and changed its name to TRU Precious Metals Corp. in October 2020. TRU Precious Metals Cor… Read more
TRU Precious Metals Corp (TRUIF) - Net Assets
Latest net assets as of September 2025: $1.59 Million USD
Based on the latest financial reports, TRU Precious Metals Corp (TRUIF) has net assets worth $1.59 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 ($1.71 Million) and total liabilities ($127.07K). 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 | $1.59 Million |
| % of Total Assets | 92.58% |
| Annual Growth Rate | 2.25% |
| 5-Year Change | 24.34% |
| 10-Year Change | -76.41% |
| Growth Volatility | 46.88 |
TRU Precious Metals Corp - Net Assets Trend (1999–2024)
This chart illustrates how TRU Precious 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 TRU Precious Metals Corp (1999–2024)
The table below shows the annual net assets of TRU Precious Metals Corp from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.56 Million | -41.72% |
| 2023-12-31 | $2.68 Million | +136.28% |
| 2022-12-31 | $1.13 Million | -62.95% |
| 2021-12-31 | $3.06 Million | +143.68% |
| 2020-12-31 | $1.26 Million | -11.75% |
| 2019-12-31 | $1.42 Million | -2.85% |
| 2018-12-31 | $1.46 Million | -24.03% |
| 2017-12-31 | $1.93 Million | -37.37% |
| 2016-12-31 | $3.08 Million | -53.50% |
| 2015-12-31 | $6.62 Million | +30.01% |
| 2014-12-31 | $5.09 Million | +36.56% |
| 2013-12-31 | $3.73 Million | +35.38% |
| 2012-12-31 | $2.75 Million | +29.71% |
| 2011-12-31 | $2.12 Million | +16.75% |
| 2010-12-31 | $1.82 Million | +25.16% |
| 2009-12-31 | $1.45 Million | +37.44% |
| 2008-12-31 | $1.06 Million | +10.72% |
| 2007-12-31 | $954.64K | -25.71% |
| 2006-12-31 | $1.29 Million | +4.48% |
| 2005-12-31 | $1.23 Million | +3.56% |
| 2004-12-31 | $1.19 Million | +13.94% |
| 2003-12-31 | $1.04 Million | -10.06% |
| 2002-12-31 | $1.16 Million | +10.39% |
| 2001-12-31 | $1.05 Million | +17.54% |
| 2000-12-31 | $893.22K | -0.08% |
| 1999-12-31 | $893.96K | -- |
Equity Component Analysis
This analysis shows how different components contribute to TRU Precious 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 2901.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $19.27 Million | 1234.76% |
| Total Equity | $1.56 Million | 100.00% |
TRU Precious Metals Corp Competitors by Market Cap
The table below lists competitors of TRU Precious Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Virax Biolabs Group Limited Ordinary Shares
NASDAQ:VRAX
|
$1.24 Million |
|
Route1 Inc
PINK:ROIUF
|
$1.24 Million |
|
Societe de Tayninh SA
PA:TAYN
|
$1.24 Million |
|
CANADA ONE MNG
F:AU31
|
$1.24 Million |
|
COMPAGNIA D. C. S.P.A.
F:6R3
|
$1.24 Million |
|
COCA-COLA BOTTLING
BE:CC5
|
$1.24 Million |
|
TD Synnex Corp
STU:SUX
|
$1.23 Million |
|
Spark I Acquisition Corp. Warrant
NASDAQ:SPKLW
|
$1.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TRU Precious Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,678,385 to 1,560,990, a change of -1,117,395 (-41.7%).
- Net loss of 1,132,594 reduced equity.
- Share repurchases of 125,563 reduced equity.
- Other comprehensive income decreased equity by 5,545,564.
- Other factors increased equity by 5,686,326.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.13 Million | -72.56% |
| Share Repurchases | $125.56K | -8.04% |
| Other Comprehensive Income | $-5.55 Million | -355.26% |
| Other Changes | $5.69 Million | +364.28% |
| Total Change | $- | -41.72% |
Book Value vs Market Value Analysis
This analysis compares TRU Precious 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: 1.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.12x to 1.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $0.10 | $0.01 | x |
| 2000-12-31 | $0.10 | $0.01 | x |
| 2001-12-31 | $0.12 | $0.01 | x |
| 2002-12-31 | $0.14 | $0.01 | x |
| 2003-12-31 | $0.13 | $0.01 | x |
| 2004-12-31 | $0.14 | $0.01 | x |
| 2005-12-31 | $0.15 | $0.01 | x |
| 2006-12-31 | $0.10 | $0.01 | x |
| 2007-12-31 | $0.07 | $0.01 | x |
| 2008-12-31 | $0.10 | $0.01 | x |
| 2009-12-31 | $0.14 | $0.01 | x |
| 2010-12-31 | $0.17 | $0.01 | x |
| 2011-12-31 | $0.20 | $0.01 | x |
| 2012-12-31 | $0.24 | $0.01 | x |
| 2013-12-31 | $0.32 | $0.01 | x |
| 2014-12-31 | $0.45 | $0.01 | x |
| 2015-12-31 | $0.63 | $0.01 | x |
| 2016-12-31 | $0.27 | $0.01 | x |
| 2017-12-31 | $0.17 | $0.01 | x |
| 2018-12-31 | $0.13 | $0.01 | x |
| 2019-12-31 | $0.13 | $0.01 | x |
| 2020-12-31 | $0.07 | $0.01 | x |
| 2021-12-31 | $0.06 | $0.01 | x |
| 2022-12-31 | $0.02 | $0.01 | x |
| 2023-12-31 | $0.02 | $0.01 | x |
| 2024-12-31 | $0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TRU Precious 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): -72.56%
- 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: 1.12x
- Recent ROE (-72.56%) is below the historical average (-32.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 2.25% | 0.91% | 0.56x | 4.41x | $-69.30K |
| 2000 | -1.76% | -0.59% | 0.63x | 4.76x | $-105.07K |
| 2001 | 14.92% | 2.62% | 1.45x | 3.91x | $51.67K |
| 2002 | 9.41% | 1.18% | 1.92x | 4.16x | $-6.84K |
| 2003 | -11.19% | -1.40% | 1.64x | 4.87x | $-220.84K |
| 2004 | 12.23% | 2.21% | 1.74x | 3.18x | $26.54K |
| 2005 | 3.44% | 0.73% | 1.31x | 3.59x | $-80.67K |
| 2006 | -32.20% | -18.67% | 1.00x | 1.73x | $-542.27K |
| 2007 | 6.24% | 2.66% | 1.16x | 2.02x | $-35.91K |
| 2008 | 9.68% | 3.80% | 1.22x | 2.09x | $-3.36K |
| 2009 | 7.04% | 3.80% | 0.91x | 2.03x | $-42.94K |
| 2010 | 21.51% | 10.31% | 0.87x | 2.40x | $209.28K |
| 2011 | 10.84% | 6.07% | 0.88x | 2.03x | $17.75K |
| 2012 | 23.43% | 16.10% | 0.96x | 1.52x | $369.86K |
| 2013 | 24.52% | 21.78% | 0.86x | 1.31x | $541.16K |
| 2014 | 25.50% | 30.45% | 0.66x | 1.26x | $789.10K |
| 2015 | 14.32% | 23.32% | 0.55x | 1.12x | $286.15K |
| 2016 | 100.33% | 3900.62% | 0.02x | 1.15x | $2.78 Million |
| 2017 | -54.44% | -10382.73% | 0.00x | 1.07x | $-1.24 Million |
| 2018 | -7.80% | -858.27% | 0.01x | 1.09x | $-260.60K |
| 2019 | -2.93% | -16.67% | 0.17x | 1.06x | $-183.94K |
| 2020 | -223.59% | -2245.52% | 0.09x | 1.16x | $-2.93 Million |
| 2021 | -265.31% | 0.00% | 0.00x | 1.21x | $-8.42 Million |
| 2022 | -372.14% | 0.00% | 0.00x | 1.33x | $-4.33 Million |
| 2023 | -80.02% | 0.00% | 0.00x | 1.08x | $-2.41 Million |
| 2024 | -72.56% | 0.00% | 0.00x | 1.12x | $-1.29 Million |
Industry Comparison
This section compares TRU Precious Metals 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 |
|---|---|---|---|---|
| TRU Precious Metals Corp (TRUIF) | $1.59 Million | 2.25% | 0.08x | $1.24 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 |