Minaurum Gold Inc
Minaurum Silver Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties in Mexico. The company explores for gold, silver, copper, lead, and zinc deposits. Its flagship project is the Alamos Silver Project, which covers an area of approximately 37,928 hectares in Southern Sonora. The company was formerly known as Minaurum Gold Inc. and changed its name … Read more
Minaurum Gold Inc (MMRGF) - Net Assets
Latest net assets as of October 2025: $10.43 Million USD
Based on the latest financial reports, Minaurum Gold Inc (MMRGF) has net assets worth $10.43 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.86 Million) and total liabilities ($1.43 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 | $10.43 Million |
| % of Total Assets | 87.95% |
| Annual Growth Rate | 8.28% |
| 5-Year Change | -38.15% |
| 10-Year Change | -0.45% |
| Growth Volatility | 47.22 |
Minaurum Gold Inc - Net Assets Trend (2014–2025)
This chart illustrates how Minaurum Gold Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Minaurum Gold Inc (2014–2025)
The table below shows the annual net assets of Minaurum Gold Inc from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $7.09 Million | -6.61% |
| 2024-04-30 | $7.59 Million | -25.48% |
| 2023-04-30 | $10.19 Million | -35.80% |
| 2022-04-30 | $15.87 Million | +38.41% |
| 2021-04-30 | $11.47 Million | +26.75% |
| 2020-04-30 | $9.05 Million | -30.28% |
| 2019-04-30 | $12.98 Million | +98.93% |
| 2018-04-30 | $6.52 Million | +14.15% |
| 2017-04-30 | $5.71 Million | -19.79% |
| 2016-04-30 | $7.12 Million | +109.23% |
| 2015-04-30 | $3.41 Million | +15.17% |
| 2014-04-30 | $2.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Minaurum Gold Inc'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 5076839800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $74.30 Million | 1047.60% |
| Total Equity | $7.09 Million | 100.00% |
Minaurum Gold Inc Competitors by Market Cap
The table below lists competitors of Minaurum Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Velan Inc
PINK:VLNSF
|
$50.46 Million |
|
Namyong Terminal PCL
BK:NYT
|
$50.46 Million |
|
Akenerji Elektrik Uretim AS
IS:AKENR
|
$50.47 Million |
|
SynAct Pharma AB
ST:SYNACT
|
$50.48 Million |
|
First Hotel Co Ltd
TW:2706
|
$50.43 Million |
|
Wonbang Tech Co. Ltd.
KQ:053080
|
$50.42 Million |
|
Sir Royalty Income Fund
PINK:SIRZF
|
$50.38 Million |
|
Sajo Ind
KO:007160
|
$50.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Minaurum Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,594,611 to 7,092,854, a change of -501,757 (-6.6%).
- Net loss of 5,723,405 reduced equity.
- New share issuances of 5,696,250 increased equity.
- Other factors decreased equity by 474,602.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.72 Million | -80.69% |
| Share Issuances | $5.70 Million | +80.31% |
| Other Changes | $-474.60K | -6.69% |
| Total Change | $- | -6.61% |
Book Value vs Market Value Analysis
This analysis compares Minaurum Gold Inc'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: 5.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-04-30 | $0.00 | $0.10 | x |
| 2017-04-30 | $0.03 | $0.10 | x |
| 2018-04-30 | $0.03 | $0.10 | x |
| 2019-04-30 | $0.04 | $0.10 | x |
| 2020-04-30 | $0.03 | $0.10 | x |
| 2021-04-30 | $0.03 | $0.10 | x |
| 2022-04-30 | $0.04 | $0.10 | x |
| 2023-04-30 | $0.03 | $0.10 | x |
| 2024-04-30 | $0.02 | $0.10 | x |
| 2025-04-30 | $0.02 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Minaurum Gold Inc 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): -80.69%
- 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: 1.08x
- Recent ROE (-80.69%) is below the historical average (-55.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -95.73% | 0.00% | 0.00x | 1.12x | $-3.13 Million |
| 2015 | -39.21% | 0.00% | 0.00x | 1.10x | $-1.68 Million |
| 2016 | -21.38% | 0.00% | 0.00x | 1.04x | $-2.24 Million |
| 2017 | -40.18% | 0.00% | 0.00x | 1.06x | $-2.87 Million |
| 2018 | -56.38% | 0.00% | 0.00x | 1.06x | $-4.33 Million |
| 2019 | -42.11% | 0.00% | 0.00x | 1.04x | $-6.76 Million |
| 2020 | -59.39% | 0.00% | 0.00x | 1.04x | $-6.28 Million |
| 2021 | -65.58% | 0.00% | 0.00x | 1.04x | $-8.67 Million |
| 2022 | -41.42% | 0.00% | 0.00x | 1.05x | $-8.16 Million |
| 2023 | -75.58% | 0.00% | 0.00x | 1.04x | $-8.72 Million |
| 2024 | -49.16% | 0.00% | 0.00x | 1.09x | $-4.49 Million |
| 2025 | -80.69% | 0.00% | 0.00x | 1.08x | $-6.43 Million |
Industry Comparison
This section compares Minaurum Gold Inc's net assets metrics with peer companies in the Silver industry.
Industry Context
- Industry: Silver
- Average net assets among peers: $30,227,989
- Average return on equity (ROE) among peers: -117.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Minaurum Gold Inc (MMRGF) | $10.43 Million | -95.73% | 0.14x | $50.45 Million |
| First Majestic Silver Corp (AG) | $50.25 Million | -10.12% | 1.01x | $10.60 Billion |
| AGAGF (AGAGF) | $54.38K | -665.35% | 1.75x | $39.40 Million |
| Silver Mountain Resources Inc. (AGMRF) | $25.12 Million | -20.95% | 0.10x | $2.33 Million |
| Andean Precious Metals Corp (ANPMF) | $74.24 Million | 61.90% | 0.56x | $59.49 Million |
| Apollo Silver Corp (APGOF) | $-59.64K | 0.00% | 0.00x | $8.38 Million |
| Aya Gold & Silver Inc. (AYASF) | $130.31 Million | 1.07% | 0.20x | $968.26 Million |
| Bald Eagle Gold Corp. (BADEF) | $398.57K | -12.32% | 0.12x | $95.41 Million |
| Bunker Hill Mining Corp (BHLL) | $-6.96 Million | 0.00% | 0.00x | $94.30 Million |
| Canada Silver Cobalt Works Inc (CCWOF) | $2.27 Million | -497.07% | 1.01x | $6.00 Million |
| Dolly Varden Silver Corporation (DOLLF) | $26.66 Million | -27.30% | 0.05x | $118.97 Million |