Premium Exploration Inc
Premium Exploration Inc., a mineral exploration company, engages in the exploration and development of precious metal properties primarily in the United States. It principally explores for gold, silver, platinum, palladium, and rhodium. The company holds interests in the Idaho Gold Project covering 398 unpatented claims, 5 patented claims, and 1 state of Idaho Mineral Lease totaling approximately… Read more
Premium Exploration Inc (PMMEF) - Net Assets
Latest net assets as of September 2014: $1.00 Million USD
Based on the latest financial reports, Premium Exploration Inc (PMMEF) has net assets worth $1.00 Million USD as of September 2014.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.66 Million) and total liabilities ($1.66 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 | $1.00 Million |
| % of Total Assets | 37.68% |
| Annual Growth Rate | 24.85% |
| 5-Year Change | 84.62% |
| 10-Year Change | N/A |
| Growth Volatility | 104787.89 |
Premium Exploration Inc - Net Assets Trend (2005–2013)
This chart illustrates how Premium 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 Premium Exploration Inc (2005–2013)
The table below shows the annual net assets of Premium Exploration Inc from 2005 to 2013.
| Year | Net Assets | Change |
|---|---|---|
| 2013-12-31 | $2.46 Million | -5.84% |
| 2012-12-31 | $2.61 Million | -39.07% |
| 2011-12-31 | $4.29 Million | -43.78% |
| 2010-12-31 | $7.62 Million | +472.47% |
| 2009-12-31 | $1.33 Million | +316936.43% |
| 2008-12-31 | $420.00 | -99.99% |
| 2007-12-31 | $2.95 Million | +155.53% |
| 2006-12-31 | $1.15 Million | +177.14% |
| 2005-12-31 | $416.42K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Premium 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 3206695400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2013)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.82 Million | 1131.57% |
| Other Components | $7.06 Million | 287.36% |
| Total Equity | $2.46 Million | 100.00% |
Premium Exploration Inc Competitors by Market Cap
The table below lists competitors of Premium Exploration Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Millenium Bankshares
PINK:MBVA
|
$0.95 |
|
GBX International Group Inc
PINK:GBXI
|
$0.95 |
|
PSH Group Holding Inc
PINK:GLHD
|
$0.95 |
|
Haber Inc
PINK:ASPT
|
$0.95 |
|
Nilam Resources Inc
PINK:NILA
|
$0.95 |
|
Firemans Contractors
PINK:FRCN
|
$0.95 |
|
Heartsoft Inc
PINK:HTSF
|
$0.95 |
|
Cannabis Strategic Ventures
PINK:NUGS
|
$0.95 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Premium Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2012 to 2013, total equity changed from 2,610,852 to 2,458,317, a change of -152,535 (-5.8%).
- Net loss of 2,159,966 reduced equity.
- Share repurchases of 2,014,258 reduced equity.
- Other factors increased equity by 4,021,689.
Equity Change Factors (2012 to 2013)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.16 Million | -87.86% |
| Share Repurchases | $2.01 Million | -81.94% |
| Other Changes | $4.02 Million | +163.6% |
| Total Change | $- | -5.84% |
Book Value vs Market Value Analysis
This analysis compares Premium 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: 0.00x
- 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 |
|---|---|---|---|
| 2005-12-31 | $0.36 | $0.00 | x |
| 2006-12-31 | $0.67 | $0.00 | x |
| 2007-12-31 | $1.13 | $0.00 | x |
| 2008-12-31 | $0.00 | $0.00 | x |
| 2009-12-31 | $0.29 | $0.00 | x |
| 2010-12-31 | $0.67 | $0.00 | x |
| 2011-12-31 | $0.34 | $0.00 | x |
| 2012-12-31 | $0.19 | $0.00 | x |
| 2013-12-31 | $0.14 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Premium 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): -87.86%
- 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: 1.40x
- Recent ROE (-87.86%) is above the historical average (-99112.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -54.68% | 0.00% | 0.00x | 2.22x | $-269.34K |
| 2006 | -98.45% | 0.00% | 0.00x | 1.36x | $-1.25 Million |
| 2007 | -70.71% | 0.00% | 0.00x | 1.15x | $-2.38 Million |
| 2008 | -891120.00% | 0.00% | 0.00x | 1694.71x | $-3.74 Million |
| 2009 | -188.02% | 0.00% | 0.00x | 1.17x | $-2.64 Million |
| 2010 | -87.71% | 0.00% | 0.00x | 1.11x | $-7.45 Million |
| 2011 | -194.62% | 0.00% | 0.00x | 1.23x | $-8.77 Million |
| 2012 | -109.25% | 0.00% | 0.00x | 1.43x | $-3.11 Million |
| 2013 | -87.86% | 0.00% | 0.00x | 1.40x | $-2.41 Million |
Industry Comparison
This section compares Premium Exploration Inc'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: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Premium Exploration Inc (PMMEF) | $1.00 Million | -54.68% | 1.65x | $0.95 |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |