Foran Mining Corporation
Foran Mining Corporation engages in the acquisition, exploration, and development of mineral properties. It explores for copper, zinc, gold, and silver deposits. The company was incorporated in 1989 and is headquartered in Vancouver, Canada.
Foran Mining Corporation (FMCXF) - Net Assets
Latest net assets as of September 2025: $1.15 Billion USD
Based on the latest financial reports, Foran Mining Corporation (FMCXF) has net assets worth $1.15 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.72 Billion) and total liabilities ($570.46 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 | $1.15 Billion |
| % of Total Assets | 66.85% |
| Annual Growth Rate | 36.28% |
| 5-Year Change | 1834.28% |
| 10-Year Change | 2868.5% |
| Growth Volatility | 86.52 |
Foran Mining Corporation - Net Assets Trend (2013–2024)
This chart illustrates how Foran Mining Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Foran Mining Corporation (2013–2024)
The table below shows the annual net assets of Foran Mining Corporation from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $795.66 Million | +73.70% |
| 2023-12-31 | $458.06 Million | +144.04% |
| 2022-12-31 | $187.70 Million | +17.05% |
| 2021-12-31 | $160.35 Million | +289.83% |
| 2020-12-31 | $41.13 Million | +3.37% |
| 2019-12-31 | $39.79 Million | -1.51% |
| 2018-12-31 | $40.41 Million | +29.35% |
| 2017-12-31 | $31.24 Million | +15.54% |
| 2016-12-31 | $27.04 Million | +0.86% |
| 2015-12-31 | $26.80 Million | -21.78% |
| 2014-12-31 | $34.27 Million | +29.70% |
| 2013-12-31 | $26.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Foran Mining Corporation'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 5076169600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $887.62 Million | 111.56% |
| Total Equity | $795.66 Million | 100.00% |
Foran Mining Corporation Competitors by Market Cap
The table below lists competitors of Foran Mining Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
$898.39 Million |
|
Alliance Material Co., Ltd.
TWO:3595
|
$898.72 Million |
|
Northern Data AG
PINK:NDTAF
|
$898.75 Million |
|
Medicover AB Series B
LSE:0RPS
|
$898.85 Million |
|
MapLight Therapeutics, Inc. Common Stock
NASDAQ:MPLT
|
$897.93 Million |
|
Bonesupport Holding AB
ST:BONEX
|
$897.79 Million |
|
Wonik Holdings Co. Ltd
KQ:030530
|
$897.68 Million |
|
REPT BATTERO Energy Co., Ltd.
F:L52
|
$897.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Foran Mining Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 458,061,000 to 795,661,000, a change of 337,600,000 (73.7%).
- Net loss of 18,874,000 reduced equity.
- New share issuances of 361,004,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.87 Million | -2.37% |
| Share Issuances | $361.00 Million | +45.37% |
| Other Changes | $-4.53 Million | -0.57% |
| Total Change | $- | 73.70% |
Book Value vs Market Value Analysis
This analysis compares Foran Mining Corporation'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: 1.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $2.10 | x |
| 2016-12-31 | $0.00 | $2.10 | x |
| 2017-12-31 | $0.28 | $2.10 | x |
| 2018-12-31 | $0.32 | $2.10 | x |
| 2019-12-31 | $0.30 | $2.10 | x |
| 2020-12-31 | $0.28 | $2.10 | x |
| 2021-12-31 | $0.60 | $2.10 | x |
| 2022-12-31 | $0.73 | $2.10 | x |
| 2023-12-31 | $1.38 | $2.10 | x |
| 2024-12-31 | $1.89 | $2.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Foran Mining Corporation 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): -2.37%
- 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: 1.45x
- Recent ROE (-2.37%) is above the historical average (-4.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -8.48% | 0.00% | 0.00x | 1.00x | $-4.88 Million |
| 2014 | -5.17% | 0.00% | 0.00x | 1.01x | $-5.20 Million |
| 2015 | -5.88% | 0.00% | 0.00x | 1.01x | $-4.26 Million |
| 2016 | -3.82% | 0.00% | 0.00x | 1.01x | $-3.74 Million |
| 2017 | -3.01% | 0.00% | 0.00x | 1.05x | $-4.06 Million |
| 2018 | -0.15% | 0.00% | 0.00x | 1.02x | $-4.10 Million |
| 2019 | -4.20% | 0.00% | 0.00x | 1.03x | $-5.65 Million |
| 2020 | -4.99% | 0.00% | 0.00x | 1.03x | $-6.17 Million |
| 2021 | -2.72% | 0.00% | 0.00x | 1.09x | $-20.40 Million |
| 2022 | -5.21% | 0.00% | 0.00x | 1.26x | $-28.56 Million |
| 2023 | -2.97% | 0.00% | 0.00x | 1.18x | $-59.43 Million |
| 2024 | -2.37% | 0.00% | 0.00x | 1.45x | $-98.44 Million |
Industry Comparison
This section compares Foran Mining Corporation'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 |
|---|---|---|---|---|
| Foran Mining Corporation (FMCXF) | $1.15 Billion | -8.48% | 0.50x | $898.13 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 |