Laurion Mineral Exploration Inc
Laurion Mineral Exploration Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, silver, zinc, copper, and other base metal deposits. The company's flagship property is the Ishkoday property covering an area of 57.43 square kilometer located in Irwin, Pifher, Walters, Summer, and Elmhirst townships, Thunder Bay Mining Divis… Read more
Laurion Mineral Exploration Inc (LMEFF) - Net Assets
Latest net assets as of September 2025: $6.51 Million USD
Based on the latest financial reports, Laurion Mineral Exploration Inc (LMEFF) has net assets worth $6.51 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.11 Million) and total liabilities ($599.62K). 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 | $6.51 Million |
| % of Total Assets | 91.56% |
| Annual Growth Rate | 3.43% |
| 5-Year Change | 272.2% |
| 10-Year Change | N/A |
| Growth Volatility | 76.49 |
Laurion Mineral Exploration Inc - Net Assets Trend (1997–2024)
This chart illustrates how Laurion Mineral Exploration 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 Laurion Mineral Exploration Inc (1997–2024)
The table below shows the annual net assets of Laurion Mineral Exploration Inc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $9.57 Million | +7.82% |
| 2023-12-31 | $8.87 Million | -2.52% |
| 2022-12-31 | $9.10 Million | -6.38% |
| 2021-12-31 | $9.72 Million | +278.27% |
| 2020-12-31 | $2.57 Million | +36.57% |
| 2019-12-31 | $1.88 Million | +2535.36% |
| 2018-12-31 | $-77.27K | +91.00% |
| 2017-12-31 | $-858.40K | -53.93% |
| 2016-12-31 | $-557.65K | -78.63% |
| 2015-12-31 | $-312.18K | -113.00% |
| 2014-12-31 | $2.40 Million | -33.42% |
| 2013-12-31 | $3.61 Million | -14.48% |
| 2012-12-31 | $4.22 Million | -3.45% |
| 2011-12-31 | $4.37 Million | -32.15% |
| 2010-12-31 | $6.44 Million | +127.54% |
| 2009-12-31 | $2.83 Million | -10.38% |
| 2008-12-31 | $3.16 Million | -35.84% |
| 2007-12-31 | $4.92 Million | +147.25% |
| 2006-12-31 | $1.99 Million | -12.73% |
| 2005-12-31 | $2.28 Million | -25.68% |
| 2004-12-31 | $3.07 Million | -14.62% |
| 2003-12-31 | $3.60 Million | +59.40% |
| 2002-12-31 | $2.26 Million | -17.31% |
| 2001-12-31 | $2.73 Million | -9.44% |
| 2000-12-31 | $3.01 Million | -6.49% |
| 1999-12-31 | $3.22 Million | -4.30% |
| 1998-12-31 | $3.37 Million | -12.49% |
| 1997-12-31 | $3.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Laurion Mineral Exploration 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 3522660500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $45.31 Million | 473.68% |
| Other Components | $6.80 Million | 71.10% |
| Total Equity | $9.57 Million | 100.00% |
Laurion Mineral Exploration Inc Competitors by Market Cap
The table below lists competitors of Laurion Mineral Exploration Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beerenberg AS
OL:BBERG
|
$47.41 Million |
|
Champion Building Materials Co Ltd
TW:1806
|
$47.43 Million |
|
Magni Tech Industries Bhd
KLSE:7087
|
$47.43 Million |
|
Softronic AB Series B
LSE:0GU8
|
$47.44 Million |
|
Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi
IS:REEDR
|
$47.36 Million |
|
Cayson Acquisition Corp
NASDAQ:CAPNU
|
$47.36 Million |
|
Deoleo S.A
PINK:SOSCF
|
$47.35 Million |
|
Neuronetics Inc
NASDAQ:STIM
|
$47.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Laurion Mineral Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,871,772 to 9,565,364, a change of 693,592 (7.8%).
- Net loss of 2,916,000 reduced equity.
- New share issuances of 4,286,193 increased equity.
- Other comprehensive income decreased equity by 2,431,997.
- Other factors increased equity by 1,755,396.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.92 Million | -30.48% |
| Share Issuances | $4.29 Million | +44.81% |
| Other Comprehensive Income | $-2.43 Million | -25.43% |
| Other Changes | $1.76 Million | +18.35% |
| Total Change | $- | 7.82% |
Book Value vs Market Value Analysis
This analysis compares Laurion Mineral Exploration 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: 6.86x
- 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 0.68x to 6.86x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $0.36 | $0.25 | x |
| 1998-12-31 | $0.32 | $0.25 | x |
| 1999-12-31 | $0.30 | $0.25 | x |
| 2000-12-31 | $0.28 | $0.25 | x |
| 2001-12-31 | $0.26 | $0.25 | x |
| 2002-12-31 | $0.18 | $0.25 | x |
| 2003-12-31 | $0.29 | $0.25 | x |
| 2004-12-31 | $0.13 | $0.25 | x |
| 2005-12-31 | $0.06 | $0.25 | x |
| 2006-12-31 | $0.06 | $0.25 | x |
| 2007-12-31 | $0.13 | $0.25 | x |
| 2008-12-31 | $0.05 | $0.25 | x |
| 2009-12-31 | $0.04 | $0.25 | x |
| 2010-12-31 | $0.10 | $0.25 | x |
| 2011-12-31 | $0.06 | $0.25 | x |
| 2012-12-31 | $0.04 | $0.25 | x |
| 2013-12-31 | $0.03 | $0.25 | x |
| 2014-12-31 | $0.02 | $0.25 | x |
| 2015-12-31 | $0.00 | $0.25 | x |
| 2016-12-31 | $-0.01 | $0.25 | x |
| 2017-12-31 | $-0.01 | $0.25 | x |
| 2018-12-31 | $0.00 | $0.25 | x |
| 2019-12-31 | $0.01 | $0.25 | x |
| 2020-12-31 | $0.01 | $0.25 | x |
| 2021-12-31 | $0.04 | $0.25 | x |
| 2022-12-31 | $0.04 | $0.25 | x |
| 2023-12-31 | $0.03 | $0.25 | x |
| 2024-12-31 | $0.04 | $0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Laurion Mineral Exploration 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): -30.48%
- 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: 1.07x
- Recent ROE (-30.48%) is below the historical average (-26.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -0.48% | -1832200.00% | 0.00x | 1.01x | $-402.95K |
| 1998 | -14.27% | -48046200.00% | 0.00x | 1.07x | $-817.05K |
| 1999 | -4.50% | -14500000.00% | 0.00x | 1.09x | $-467.12K |
| 2000 | -6.94% | -10458800.00% | 0.00x | 1.11x | $-510.38K |
| 2001 | -10.42% | 0.00% | 0.00x | 1.25x | $-557.07K |
| 2002 | -36.49% | 0.00% | 0.00x | 1.81x | $-1.05 Million |
| 2003 | -14.21% | 0.00% | 0.00x | 1.29x | $-870.51K |
| 2004 | -19.71% | 0.00% | 0.00x | 1.29x | $-911.96K |
| 2005 | -26.65% | 0.00% | 0.00x | 1.24x | $-836.14K |
| 2006 | -11.25% | 0.00% | 0.00x | 1.27x | $-423.10K |
| 2007 | -15.38% | 0.00% | 0.00x | 1.11x | $-1.25 Million |
| 2008 | -37.93% | 0.00% | 0.00x | 1.16x | $-1.51 Million |
| 2009 | -14.45% | 0.00% | 0.00x | 1.20x | $-692.04K |
| 2010 | 44.97% | 0.00% | 0.00x | 1.10x | $2.25 Million |
| 2011 | -73.98% | 0.00% | 0.00x | 1.17x | $-3.67 Million |
| 2012 | -21.03% | 0.00% | 0.00x | 1.18x | $-1.31 Million |
| 2013 | -23.86% | 0.00% | 0.00x | 1.25x | $-1.22 Million |
| 2014 | -51.24% | 0.00% | 0.00x | 1.47x | $-1.47 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $769.48K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-314.23K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-220.82K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.43 Million |
| 2019 | -119.81% | 0.00% | 0.00x | 1.10x | $-2.44 Million |
| 2020 | -128.68% | 0.00% | 0.00x | 1.13x | $-3.56 Million |
| 2021 | -38.44% | 0.00% | 0.00x | 1.02x | $-4.71 Million |
| 2022 | -51.13% | 0.00% | 0.00x | 1.01x | $-5.56 Million |
| 2023 | -34.78% | 0.00% | 0.00x | 1.05x | $-3.97 Million |
| 2024 | -30.48% | 0.00% | 0.00x | 1.07x | $-3.87 Million |
Industry Comparison
This section compares Laurion Mineral Exploration Inc'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 |
|---|---|---|---|---|
| Laurion Mineral Exploration Inc (LMEFF) | $6.51 Million | -0.48% | 0.09x | $47.38 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 |