Max Resource Corp
Max Resource Corp. engages in the acquisition and exploration of mineral properties in South America and Canada. It primarily explores for silver, copper, and iron deposits. The company holds 100% interest in the Cesar Copper-Silver project which consist of 20 mining concessions located in the northeastern Colombia; and Sierra Azul Copper-Silver project located in Colombia. It also holds a 100% i… Read more
Max Resource Corp (MXROF) - Net Assets
Latest net assets as of September 2025: $14.31 Million USD
Based on the latest financial reports, Max Resource Corp (MXROF) has net assets worth $14.31 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 ($16.81 Million) and total liabilities ($2.50 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 | $14.31 Million |
| % of Total Assets | 85.1% |
| Annual Growth Rate | N/A |
| 5-Year Change | 202.64% |
| 10-Year Change | N/A |
| Growth Volatility | 1187.04 |
Max Resource Corp - Net Assets Trend (2001–2024)
This chart illustrates how Max Resource 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 Max Resource Corp (2001–2024)
The table below shows the annual net assets of Max Resource Corp from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $15.84 Million | -9.33% |
| 2023-12-31 | $17.48 Million | -26.10% |
| 2022-12-31 | $23.65 Million | +762.55% |
| 2021-12-31 | $2.74 Million | -47.63% |
| 2020-12-31 | $5.24 Million | +4759.12% |
| 2019-12-31 | $107.74K | -88.50% |
| 2018-12-31 | $936.91K | +329.82% |
| 2017-12-31 | $217.98K | +231.55% |
| 2016-12-31 | $-165.70K | -556.75% |
| 2015-12-31 | $-25.23K | -109.54% |
| 2014-12-31 | $264.54K | -87.24% |
| 2013-12-31 | $2.07 Million | -34.56% |
| 2012-12-31 | $3.17 Million | -35.25% |
| 2011-12-31 | $4.89 Million | -0.46% |
| 2010-12-31 | $4.91 Million | -6.71% |
| 2009-12-31 | $5.27 Million | -46.45% |
| 2008-12-31 | $9.84 Million | -8.65% |
| 2007-12-31 | $10.77 Million | +385.39% |
| 2006-12-31 | $2.22 Million | +18.91% |
| 2005-12-31 | $1.87 Million | +198.31% |
| 2004-12-31 | $625.33K | +57.28% |
| 2003-12-31 | $397.59K | +2935.52% |
| 2002-12-31 | $13.10K | +120.94% |
| 2001-12-31 | $-62.55K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Max Resource 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 5357900900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $60.21 Million | 380.01% |
| Other Comprehensive Income | $-31.63K | -0.20% |
| Other Components | $10.09 Million | 63.71% |
| Total Equity | $15.84 Million | 100.00% |
Max Resource Corp Competitors by Market Cap
The table below lists competitors of Max Resource Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ashoka Metcast Limited
NSE:ASHOKAMET
|
$1.77 Million |
|
SONASID
BC:SONASID
|
$1.77 Million |
|
Capelli SA
PA:ALCAP
|
$1.77 Million |
|
Flexidynamic Holdings Bhd
KLSE:0231
|
$1.77 Million |
|
J.B.HUNT TRANSP
MU:JB1
|
$1.77 Million |
|
Courtois S.A
PA:COUR
|
$1.77 Million |
|
VERISK ANLYTCS-A
BE:VA7A
|
$1.77 Million |
|
Borqs Technologies Inc.
NASDAQ:BRQSF
|
$1.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Max Resource Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,475,631 to 15,844,583, a change of -1,631,048 (-9.3%).
- Net loss of 5,675,000 reduced equity.
- Other comprehensive income decreased equity by 7,290,708.
- Other factors increased equity by 11,334,660.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.67 Million | -35.82% |
| Other Comprehensive Income | $-7.29 Million | -46.01% |
| Other Changes | $11.33 Million | +71.54% |
| Total Change | $- | -9.33% |
Book Value vs Market Value Analysis
This analysis compares Max Resource 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: 0.02x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $-23.13 | $0.03 | x |
| 2002-12-31 | $3.44 | $0.03 | x |
| 2003-12-31 | $54.05 | $0.03 | x |
| 2004-12-31 | $55.56 | $0.03 | x |
| 2005-12-31 | $117.31 | $0.03 | x |
| 2006-12-31 | $6.14 | $0.03 | x |
| 2007-12-31 | $294.48 | $0.03 | x |
| 2008-12-31 | $218.73 | $0.03 | x |
| 2009-12-31 | $116.67 | $0.03 | x |
| 2010-12-31 | $100.71 | $0.03 | x |
| 2011-12-31 | $95.81 | $0.03 | x |
| 2012-12-31 | $62.04 | $0.03 | x |
| 2013-12-31 | $40.60 | $0.03 | x |
| 2014-12-31 | $4.32 | $0.03 | x |
| 2015-12-31 | $-0.33 | $0.03 | x |
| 2016-12-31 | $-1.40 | $0.03 | x |
| 2017-12-31 | $1.84 | $0.03 | x |
| 2018-12-31 | $1.99 | $0.03 | x |
| 2019-12-31 | $0.14 | $0.03 | x |
| 2020-12-31 | $1.77 | $0.03 | x |
| 2021-12-31 | $0.47 | $0.03 | x |
| 2022-12-31 | $2.64 | $0.03 | x |
| 2023-12-31 | $1.71 | $0.03 | x |
| 2024-12-31 | $1.42 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Max Resource 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): -35.82%
- 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: 1.25x
- Recent ROE (-35.82%) is above the historical average (-304.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $-275.25K |
| 2002 | -839.82% | 0.00% | 0.00x | 4.17x | $-111.31K |
| 2003 | -39.49% | 0.00% | 0.00x | 1.20x | $-196.76K |
| 2004 | -33.58% | 0.00% | 0.00x | 1.10x | $-272.53K |
| 2005 | -24.93% | 0.00% | 0.00x | 1.02x | $-651.54K |
| 2006 | -32.56% | 0.00% | 0.00x | 1.03x | $-943.97K |
| 2007 | -10.16% | 0.00% | 0.00x | 1.00x | $-2.17 Million |
| 2008 | -11.68% | 0.00% | 0.00x | 1.01x | $-2.13 Million |
| 2009 | -88.49% | 0.00% | 0.00x | 1.01x | $-5.19 Million |
| 2010 | -10.21% | 0.00% | 0.00x | 1.01x | $-993.43K |
| 2011 | -22.75% | 0.00% | 0.00x | 1.03x | $-1.60 Million |
| 2012 | -58.10% | 0.00% | 0.00x | 1.01x | $-2.16 Million |
| 2013 | -52.83% | 0.00% | 0.00x | 1.15x | $-1.30 Million |
| 2014 | -849.01% | 0.00% | 0.00x | 2.27x | $-2.27 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-554.48K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-123.90K |
| 2017 | -37.54% | 0.00% | 0.00x | 1.07x | $-103.63K |
| 2018 | -370.17% | 0.00% | 0.00x | 1.41x | $-3.56 Million |
| 2019 | -4437.37% | 0.00% | 0.00x | 7.30x | $-4.79 Million |
| 2020 | -99.46% | 0.00% | 0.00x | 1.14x | $-5.73 Million |
| 2021 | -185.14% | 0.00% | 0.00x | 1.18x | $-5.35 Million |
| 2022 | -23.90% | 0.00% | 0.00x | 1.08x | $-8.02 Million |
| 2023 | -43.36% | 0.00% | 0.00x | 1.07x | $-9.32 Million |
| 2024 | -35.82% | 0.00% | 0.00x | 1.25x | $-7.26 Million |
Industry Comparison
This section compares Max Resource Corp'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: $6,096,664,640
- Average return on equity (ROE) among peers: -99.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Max Resource Corp (MXROF) | $14.31 Million | 0.00% | 0.18x | $1.77 Million |
| AbraSilver Resource Corp (ABBRF) | $31.60 Million | -66.15% | 0.24x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $16.16 Million | -10.45% | 0.04x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $-4.24 Million | 0.00% | 0.00x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $-3.89 Million | 0.00% | 0.00x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $61.42 Million | -5.60% | 0.03x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $60.84 Billion | 30.40% | 0.71x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $35.76K | -837.39% | 54.55x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $5.23 Million | -32.59% | 0.20x | $14.55 Million |
| ALXPF (ALXPF) | $15.98 Million | -2.45% | 0.05x | $24.72 Million |