Makara Mining Corp
Hardcore Discoveries Ltd., a mineral exploration company, focuses on the acquisition, exploration, and development of mineral properties. The company was formerly known as Makara Mining Corp. and changed its name to Hardcore Discoveries Ltd. in December 2023. Hardcore Discoveries Ltd. was incorporated in 2019 and is headquartered in Vancouver, Canada.
Makara Mining Corp (MAKAF) - Net Assets
Latest net assets as of September 2025: $-722.77K USD
Based on the latest financial reports, Makara Mining Corp (MAKAF) has net assets worth $-722.77K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($320.23K) and total liabilities ($1.04 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 | $-722.77K |
| % of Total Assets | -225.7% |
| Annual Growth Rate | N/A |
| 5-Year Change | -164.45% |
| 10-Year Change | N/A |
| Growth Volatility | 133.5 |
Makara Mining Corp - Net Assets Trend (2019–2024)
This chart illustrates how Makara Mining 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 Makara Mining Corp (2019–2024)
The table below shows the annual net assets of Makara Mining Corp from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-534.42K | +59.19% |
| 2023-12-31 | $-1.31 Million | -204.81% |
| 2022-12-31 | $-429.60K | -199.99% |
| 2021-12-31 | $429.64K | -48.18% |
| 2020-12-31 | $829.17K | +126.76% |
| 2019-12-31 | $365.67K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Makara Mining 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 945673800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.34 Million | % |
| Other Components | $635.65K | % |
| Total Equity | $-534.42K | 100.00% |
Makara Mining Corp Competitors by Market Cap
The table below lists competitors of Makara Mining Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CLOROX CO. - Dusseldorf Stock Exchang
DU:CXX
|
$966.23K |
|
BELLUSCURA PLC LS -01
F:9VQ
|
$966.40K |
|
Komarkcorp Bhd
KLSE:7017
|
$966.56K |
|
N. Leventeris S.A.
AT:LEBEK
|
$967.13K |
|
Smart Logistics Global Limited Ordinary Shares
NASDAQ:SLGB
|
$965.94K |
|
Track Group Inc
OTCQX:TRCK
|
$965.45K |
|
Schroder European Real Estate PLC
JSE:SCD
|
$965.14K |
|
Westbrook-Thompson Overriding Royalty Trust
PINK:WBTMU
|
$963.90K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Makara Mining Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,309,443 to -534,425, a change of 775,018.
- Net income of 148 contributed positively to equity growth.
- New share issuances of 462,000 increased equity.
- Other factors increased equity by 312,870.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $147.82 | +0.03% |
| Share Issuances | $462.00K | +86.45% |
| Other Changes | $312.87K | +58.54% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Makara Mining 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.67 | $0.11 | x |
| 2020-12-31 | $0.34 | $0.11 | x |
| 2021-12-31 | $0.12 | $0.11 | x |
| 2022-12-31 | $-0.09 | $0.11 | x |
| 2023-12-31 | $-0.24 | $0.11 | x |
| 2024-12-31 | $-0.08 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Makara Mining 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): 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 (-187.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -59.34% | 0.00% | 0.00x | 1.04x | $-253.57K |
| 2020 | -609.42% | 0.00% | 0.00x | 1.04x | $-5.14 Million |
| 2021 | -457.12% | 0.00% | 0.00x | 1.84x | $-2.01 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.58 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-834.56K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $53.59K |
Industry Comparison
This section compares Makara Mining Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $411,687,235
- Average return on equity (ROE) among peers: -119.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Makara Mining Corp (MAKAF) | $-722.77K | -59.34% | N/A | $966.06K |
| Almadex Minerals Ltd (AAMMF) | $5.73 Million | 6.70% | 0.01x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $10.03 Million | -13.48% | 0.17x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $19.90 Million | -2.53% | 0.04x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $65.44K | -173.09% | 0.37x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $413.79K | -494.09% | 0.29x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $3.67 Billion | 9.39% | 0.50x | $98.30 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $-555.77K | 0.00% | 0.00x | $0.94 |
| Antioquia Gold Inc (AGDXF) | $-702.21K | 0.00% | 0.00x | $1.44 Million |