Discovery Minerals
Discovery Minerals Ltd. operates as an acquisition and development company that targets natural resource properties. It focuses on gold mining projects. Discovery Minerals Ltd. was formerly known as Dhanoa Minerals Ltd. and changed its name to Discovery Minerals Ltd. in August 2012. The company was incorporated in 2005 and is based in Reno, Nevada.
Discovery Minerals (DSCR) - Net Assets
Latest net assets as of September 2022: $-951.73K USD
Based on the latest financial reports, Discovery Minerals (DSCR) has net assets worth $-951.73K USD as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.69K) and total liabilities ($959.41K). 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 | $-951.73K |
| % of Total Assets | -12379.37% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Discovery Minerals - Net Assets Trend (2005–2022)
This chart illustrates how Discovery Minerals's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Discovery Minerals (2005–2022)
The table below shows the annual net assets of Discovery Minerals from 2005 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-09-30 | $-951.73K | -36.82% |
| 2021-09-30 | $-695.62K | +57.87% |
| 2020-09-30 | $-1.65 Million | -14.05% |
| 2019-09-30 | $-1.45 Million | -80.88% |
| 2018-09-30 | $-800.37K | -94.69% |
| 2017-09-30 | $-411.10K | -65.70% |
| 2016-09-30 | $-248.10K | -81.53% |
| 2015-09-30 | $-136.67K | +74.98% |
| 2014-09-30 | $-546.15K | +14.79% |
| 2013-09-30 | $-640.95K | -4984.51% |
| 2006-09-30 | $-12.61K | -126.28% |
| 2005-09-30 | $47.98K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Discovery Minerals'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 1409627600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $743.79K | % |
| Other Comprehensive Income | $13.15 Million | % |
| Total Equity | $-951.73K | 100.00% |
Discovery Minerals Competitors by Market Cap
The table below lists competitors of Discovery Minerals ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nouveau Life Pharmaceuticals Inc
PINK:NOUV
|
$0.96 |
|
Quick-Med Technologies Inc
PINK:QMDT
|
$0.96 |
|
Blue Gem Enterprise
PINK:BGEM
|
$0.96 |
|
Proliance International Inc
PINK:PLNTQ
|
$0.96 |
|
American Leisure Holdings Inc
PINK:AMLH
|
$0.96 |
|
Kunekt Corporation
PINK:KNKT
|
$0.96 |
|
CVF Technologies Corporation
PINK:CNVT
|
$0.96 |
|
Organic Sales and Marketing Inc
PINK:OGSM
|
$0.96 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Discovery Minerals's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -695,617 to -951,726, a change of -256,109.
- Net loss of 315,026 reduced equity.
- Other comprehensive income increased equity by 58,917.
- Other factors decreased equity by 0.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-315.03K | -33.1% |
| Other Comprehensive Income | $58.92K | +6.19% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Discovery Minerals'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-09-30 | $0.00 | $0.00 | x |
| 2016-09-30 | $0.00 | $0.00 | x |
| 2017-09-30 | $0.00 | $0.00 | x |
| 2018-09-30 | $0.00 | $0.00 | x |
| 2019-09-30 | $0.00 | $0.00 | x |
| 2020-09-30 | $0.00 | $0.00 | x |
| 2021-09-30 | $0.00 | $0.00 | x |
| 2022-09-30 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Discovery Minerals 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-2.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -35.10% | 0.00% | 0.00x | 1.06x | $-21.64K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-64.14K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-538.45K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-120.36K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-47.72K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-86.62K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-121.89K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-310.89K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-648.59K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-63.23K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-295.37K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-219.85K |
Industry Comparison
This section compares Discovery Minerals's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Discovery Minerals (DSCR) | $-951.73K | -35.10% | N/A | $0.96 |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |