Hannan Metals Ltd
Hannan Metals Ltd., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Canada, Ireland, and Peru. The company explores for copper, gold, silver, zinc, and lead deposits. Its flagship project is the 100% owned the San Martin project located northwest of Tarapoto, Peru. The company was formerly known as Mitchell Resources Ltd. and changed its n… Read more
Hannan Metals Ltd (HANNF) - Net Assets
Latest net assets as of November 2025: $19.93 Million USD
Based on the latest financial reports, Hannan Metals Ltd (HANNF) has net assets worth $19.93 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.36 Million) and total liabilities ($429.04K). 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 | $19.93 Million |
| % of Total Assets | 97.89% |
| Annual Growth Rate | 16.51% |
| 5-Year Change | 54.14% |
| 10-Year Change | N/A |
| Growth Volatility | 124.52 |
Hannan Metals Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Hannan Metals Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hannan Metals Ltd (2002–2025)
The table below shows the annual net assets of Hannan Metals Ltd from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | $10.81 Million | +64.90% |
| 2024-05-31 | $6.55 Million | -42.26% |
| 2023-05-31 | $11.35 Million | +40.84% |
| 2022-05-31 | $8.06 Million | +14.95% |
| 2021-05-31 | $7.01 Million | +17.22% |
| 2020-05-31 | $5.98 Million | +49.82% |
| 2019-05-31 | $3.99 Million | +18.93% |
| 2018-05-31 | $3.36 Million | +198.18% |
| 2017-05-31 | $1.13 Million | +276.03% |
| 2016-05-31 | $-639.50K | -20.35% |
| 2015-05-31 | $-531.38K | +41.61% |
| 2014-05-31 | $-910.07K | +77.70% |
| 2013-05-31 | $-4.08 Million | -23.22% |
| 2012-05-31 | $-3.31 Million | +7.09% |
| 2011-05-31 | $-3.56 Million | -359.02% |
| 2010-05-31 | $-776.63K | -103.05% |
| 2009-05-31 | $25.50 Million | -4.02% |
| 2008-05-31 | $26.56 Million | +382.78% |
| 2007-05-31 | $5.50 Million | +162.08% |
| 2006-05-31 | $2.10 Million | +9714.26% |
| 2005-05-31 | $-21.84K | -343.46% |
| 2004-05-31 | $-4.92K | -100.58% |
| 2003-05-31 | $843.86K | +162.24% |
| 2002-05-31 | $321.79K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hannan Metals Ltd'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 2062242499.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $25.01 Million | 231.47% |
| Other Components | $6.45 Million | 59.66% |
| Total Equity | $10.81 Million | 100.00% |
Hannan Metals Ltd Competitors by Market Cap
The table below lists competitors of Hannan Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Independent Global ESG Akk
CO:IIVGLESGA
|
$79.74 Million |
|
0F1C
LSE:0F1C
|
$79.76 Million |
|
Cerro de Pasco Resources Inc
OTCQB:GPPRF
|
$79.77 Million |
|
Top Bright Holding Co Ltd
TW:8499
|
$79.81 Million |
|
Asuntosalkku Oyj
HE:ASUNTO
|
$79.70 Million |
|
AUGUSTA GOLD DL-0001
F:7RZ
|
$79.65 Million |
|
Securitag Assembly Group Co Ltd
TWO:6417
|
$79.62 Million |
|
Braemar Shipping Services Plc
PINK:BSEAF
|
$79.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hannan Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,553,583 to 10,806,935, a change of 4,253,352 (64.9%).
- Net loss of 2,010,716 reduced equity.
- New share issuances of 5,462,882 increased equity.
- Other comprehensive income decreased equity by 5,758,975.
- Other factors increased equity by 6,560,161.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.01 Million | -18.61% |
| Share Issuances | $5.46 Million | +50.55% |
| Other Comprehensive Income | $-5.76 Million | -53.29% |
| Other Changes | $6.56 Million | +60.7% |
| Total Change | $- | 64.90% |
Book Value vs Market Value Analysis
This analysis compares Hannan Metals Ltd'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: 10.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.06x to 10.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-05-31 | $15.92 | $0.95 | x |
| 2003-05-31 | $20.74 | $0.95 | x |
| 2004-05-31 | $-0.13 | $0.95 | x |
| 2005-05-31 | $-0.59 | $0.95 | x |
| 2006-05-31 | $6.71 | $0.95 | x |
| 2007-05-31 | $11.24 | $0.95 | x |
| 2008-05-31 | $21.36 | $0.95 | x |
| 2009-05-31 | $12.19 | $0.95 | x |
| 2010-05-31 | $-0.35 | $0.95 | x |
| 2011-05-31 | $-1.62 | $0.95 | x |
| 2012-05-31 | $-1.51 | $0.95 | x |
| 2013-05-31 | $-1.86 | $0.95 | x |
| 2014-05-31 | $-0.23 | $0.95 | x |
| 2015-05-31 | $-0.09 | $0.95 | x |
| 2016-05-31 | $-0.06 | $0.95 | x |
| 2017-05-31 | $0.07 | $0.95 | x |
| 2018-05-31 | $0.09 | $0.95 | x |
| 2019-05-31 | $0.08 | $0.95 | x |
| 2020-05-31 | $0.10 | $0.95 | x |
| 2021-05-31 | $0.09 | $0.95 | x |
| 2022-05-31 | $0.09 | $0.95 | x |
| 2023-05-31 | $0.11 | $0.95 | x |
| 2024-05-31 | $0.06 | $0.95 | x |
| 2025-05-31 | $0.09 | $0.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hannan Metals Ltd 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): -18.61%
- 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: 1.03x
- Recent ROE (-18.61%) is above the historical average (-22.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -9.65% | 0.00% | 0.00x | 1.05x | $-63.23K |
| 2003 | -74.06% | -2063.88% | 0.02x | 1.45x | $-709.39K |
| 2004 | 0.00% | 181.14% | 0.72x | 0.00x | $179.65K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-106.56K |
| 2006 | -57.48% | 0.00% | 0.00x | 1.07x | $-1.42 Million |
| 2007 | -37.00% | 0.00% | 0.00x | 1.06x | $-2.59 Million |
| 2008 | -24.79% | 0.00% | 0.00x | 1.57x | $-9.24 Million |
| 2009 | -45.49% | 0.00% | 0.00x | 1.36x | $-14.15 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-26.22 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.43 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $179.78K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $18.88K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $3.04 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-146.97K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-86.47K |
| 2017 | -60.40% | 0.00% | 0.00x | 2.53x | $-792.51K |
| 2018 | -33.19% | 0.00% | 0.00x | 1.21x | $-1.45 Million |
| 2019 | -25.56% | 0.00% | 0.00x | 1.16x | $-1.42 Million |
| 2020 | -19.46% | 0.00% | 0.00x | 1.08x | $-1.76 Million |
| 2021 | -22.73% | 0.00% | 0.00x | 1.03x | $-2.29 Million |
| 2022 | -10.93% | 0.00% | 0.00x | 1.04x | $-1.69 Million |
| 2023 | -15.01% | 0.00% | 0.00x | 1.03x | $-2.84 Million |
| 2024 | -87.20% | 0.00% | 0.00x | 1.05x | $-6.37 Million |
| 2025 | -18.61% | 0.00% | 0.00x | 1.03x | $-3.09 Million |
Industry Comparison
This section compares Hannan Metals Ltd'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 |
|---|---|---|---|---|
| Hannan Metals Ltd (HANNF) | $19.93 Million | -9.65% | 0.02x | $79.73 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 |