Basin Uranium Corp
Basin Uranium Corp., a junior exploration company, engages in the mineral exploration and development activities in Canada and the United States. It explores for uranium and gold ores. The company holds 100% interest in the Wray Mesa project consisting of 308 unpatented lode claims covering 6,282 acres and located in the San Juan County, Utah; the Chord uranium project covering 3,677 acres and lo… Read more
Basin Uranium Corp (BURCF) - Net Assets
Latest net assets as of February 2025: $2.95 Million USD
Based on the latest financial reports, Basin Uranium Corp (BURCF) has net assets worth $2.95 Million USD as of February 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.06 Million) and total liabilities ($103.81K). 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 | $2.95 Million |
| % of Total Assets | 96.6% |
| Annual Growth Rate | 172.36% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 778.79 |
Basin Uranium Corp - Net Assets Trend (2020–2024)
This chart illustrates how Basin Uranium 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 Basin Uranium Corp (2020–2024)
The table below shows the annual net assets of Basin Uranium Corp from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | $2.51 Million | -66.64% |
| 2023-05-31 | $7.51 Million | +13.45% |
| 2022-05-31 | $6.62 Million | +1879.59% |
| 2021-05-31 | $334.38K | +634.33% |
| 2020-05-31 | $45.53K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Basin Uranium 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 1148841000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $12.60 Million | 502.88% |
| Other Comprehensive Income | $1.45 Million | 57.75% |
| Total Equity | $2.51 Million | 100.00% |
Basin Uranium Corp Competitors by Market Cap
The table below lists competitors of Basin Uranium Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AJ Greentech Holdings Ltd
PINK:SUIC
|
$2.00 Million |
|
Pegasus Resources Inc
PINK:SLTFF
|
$2.00 Million |
|
Multi-Usage Holdings Bhd
KLSE:9539
|
$2.00 Million |
|
JonDeTech Sensors
ST:JDT
|
$2.00 Million |
|
BriaCell Therapeutics Corp. Warrant expiring 2031
NASDAQ:BCTXL
|
$2.00 Million |
|
Rogue Resources Inc
PINK:GCRIF
|
$2.00 Million |
|
Iconic Minerals Ltd.
OTCQB:ICMFF
|
$2.00 Million |
|
VPR Brands LP
PINK:VPRB
|
$2.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Basin Uranium Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,509,536 to 2,505,552, a change of -5,003,984 (-66.6%).
- Net loss of 7,140,840 reduced equity.
- New share issuances of 624,743 increased equity.
- Other comprehensive income increased equity by 314,465.
- Other factors increased equity by 1,197,648.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.14 Million | -285.0% |
| Share Issuances | $624.74K | +24.93% |
| Other Comprehensive Income | $314.46K | +12.55% |
| Other Changes | $1.20 Million | +47.8% |
| Total Change | $- | -66.64% |
Book Value vs Market Value Analysis
This analysis compares Basin Uranium 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: 0.69x
- 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.
- The price-to-book ratio has decreased from 3.78x to 0.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-05-31 | $0.03 | $0.10 | x |
| 2021-05-31 | $0.22 | $0.10 | x |
| 2022-05-31 | $1.69 | $0.10 | x |
| 2023-05-31 | $0.81 | $0.10 | x |
| 2024-05-31 | $0.15 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Basin Uranium 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): -285.00%
- 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: 1.05x
- Recent ROE (-285.00%) is below the historical average (-106.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -115.77% | 0.00% | 0.00x | 2.15x | $-57.27K |
| 2021 | -69.46% | 0.00% | 0.00x | 1.36x | $-265.71K |
| 2022 | -44.11% | 0.00% | 0.00x | 1.02x | $-3.58 Million |
| 2023 | -15.92% | 0.00% | 0.00x | 1.01x | $-1.95 Million |
| 2024 | -285.00% | 0.00% | 0.00x | 1.05x | $-7.39 Million |
Industry Comparison
This section compares Basin Uranium 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 |
|---|---|---|---|---|
| Basin Uranium Corp (BURCF) | $2.95 Million | -115.77% | 0.04x | $2.00 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 |