Navarre Minerals Limited
Aureka Limited engages in the mineral exploration business in Australia. The company primarily produces gold, silver, and copper deposits. Its flagship property is the 100% owned Stawell Corridor gold project located North-West of Melbourne, Victoria. The company was formerly known as Navarre Minerals Limited and changed its name to Aureka Limited in December 2024. Aureka Limited was incorporated… Read more
Navarre Minerals Limited (NVMLF) - Net Assets
Latest net assets as of June 2024: $31.16 Million USD
Based on the latest financial reports, Navarre Minerals Limited (NVMLF) has net assets worth $31.16 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($33.56 Million) and total liabilities ($2.40 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 | $31.16 Million |
| % of Total Assets | 92.84% |
| Annual Growth Rate | 12.22% |
| 5-Year Change | 118.72% |
| 10-Year Change | 378.29% |
| Growth Volatility | 67.8 |
Navarre Minerals Limited - Net Assets Trend (2010–2024)
This chart illustrates how Navarre Minerals Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Navarre Minerals Limited (2010–2024)
The table below shows the annual net assets of Navarre Minerals Limited from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $31.16 Million | +9.86% |
| 2023-06-30 | $28.36 Million | -69.51% |
| 2022-06-30 | $93.03 Million | +130.00% |
| 2021-06-30 | $40.45 Million | +183.92% |
| 2020-06-30 | $14.25 Million | +19.61% |
| 2019-06-30 | $11.91 Million | +80.46% |
| 2018-06-30 | $6.60 Million | +23.83% |
| 2017-06-30 | $5.33 Million | +80.84% |
| 2016-06-30 | $2.95 Million | -54.76% |
| 2015-06-30 | $6.51 Million | +1.83% |
| 2014-06-30 | $6.40 Million | +4.32% |
| 2013-06-30 | $6.13 Million | +0.03% |
| 2012-06-30 | $6.13 Million | +59.96% |
| 2011-06-30 | $3.83 Million | -38.20% |
| 2010-06-30 | $6.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Navarre Minerals Limited'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 7936099300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $108.19 Million | 347.22% |
| Other Comprehensive Income | $2.38 Million | 7.63% |
| Total Equity | $31.16 Million | 100.00% |
Navarre Minerals Limited Competitors by Market Cap
The table below lists competitors of Navarre Minerals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nuclear Fuels Inc.
OTCQX:NFUNF
|
$12.29 Million |
|
MCT Bhd
KLSE:5182
|
$12.29 Million |
|
MUEHLHAN
HM:M4N
|
$12.29 Million |
|
Team Precision Public Company Limited
BK:TEAM
|
$12.29 Million |
|
SENSEONICS HLGS.INC.-001
F:6L6
|
$12.28 Million |
|
Jackpot Digital Inc
OTCQB:JPOTF
|
$12.28 Million |
|
Enersense International Oyj
HE:ESENSE
|
$12.28 Million |
|
Yieh United Steel
TWO:9957
|
$12.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Navarre Minerals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,363,275 to 31,158,599, a change of 2,795,324 (9.9%).
- Net income of 2,683,080 contributed positively to equity growth.
- Other comprehensive income increased equity by 112,244.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.68 Million | +8.61% |
| Other Comprehensive Income | $112.24K | +0.36% |
| Total Change | $- | 9.86% |
Book Value vs Market Value Analysis
This analysis compares Navarre Minerals Limited'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: 241.17x
- 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 25.80x to 241.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-06-30 | $0.19 | $5.00 | x |
| 2012-06-30 | $0.11 | $5.00 | x |
| 2013-06-30 | $0.10 | $5.00 | x |
| 2014-06-30 | $0.10 | $5.00 | x |
| 2015-06-30 | $0.08 | $5.00 | x |
| 2016-06-30 | $0.03 | $5.00 | x |
| 2017-06-30 | $0.03 | $5.00 | x |
| 2018-06-30 | $0.03 | $5.00 | x |
| 2019-06-30 | $0.03 | $5.00 | x |
| 2020-06-30 | $0.03 | $5.00 | x |
| 2021-06-30 | $0.07 | $5.00 | x |
| 2022-06-30 | $0.08 | $5.00 | x |
| 2023-06-30 | $0.02 | $5.00 | x |
| 2024-06-30 | $0.02 | $5.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Navarre Minerals Limited 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): 8.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (8.61%) is above the historical average (-23.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -24.66% | 0.00% | 0.00x | 1.06x | $-1.33 Million |
| 2012 | -13.75% | 0.00% | 0.00x | 1.05x | $-1.46 Million |
| 2013 | -9.96% | 0.00% | 0.00x | 1.08x | $-1.22 Million |
| 2014 | -9.42% | 0.00% | 0.00x | 1.04x | $-1.24 Million |
| 2015 | -7.76% | 0.00% | 0.00x | 1.03x | $-1.16 Million |
| 2016 | -67.51% | 0.00% | 0.00x | 1.07x | $-2.28 Million |
| 2017 | -10.12% | 0.00% | 0.00x | 1.06x | $-1.07 Million |
| 2018 | -18.96% | 0.00% | 0.00x | 1.08x | $-1.91 Million |
| 2019 | -5.10% | 0.00% | 0.00x | 1.03x | $-1.80 Million |
| 2020 | -4.76% | 0.00% | 0.00x | 1.03x | $-2.10 Million |
| 2021 | -6.73% | 0.00% | 0.00x | 1.04x | $-6.77 Million |
| 2022 | -3.32% | -2.70% | 0.72x | 1.71x | $-12.39 Million |
| 2023 | -157.00% | 0.00% | 0.00x | 1.19x | $-47.37 Million |
| 2024 | 8.61% | 0.00% | 0.00x | 1.08x | $-432.78K |
Industry Comparison
This section compares Navarre Minerals Limited'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 |
|---|---|---|---|---|
| Navarre Minerals Limited (NVMLF) | $31.16 Million | -24.66% | 0.08x | $12.28 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 |