Pershing Resources Company Inc
Pershing Resources Company, Inc. explores for and develops precious and base metals in Arizona and Nevada. It primarily explores for gold, copper, and silver deposits. The company focuses on the development of its 100% owned New Enterprise project located in Kingman, Arizona. It also holds interest in other exploration properties located in Arizona and Nevada. The company was formerly known as Xe… Read more
Pershing Resources Company Inc (PSGR) - Net Assets
Latest net assets as of December 2024: $-283.20K USD
Based on the latest financial reports, Pershing Resources Company Inc (PSGR) has net assets worth $-283.20K USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($560.92K) and total liabilities ($844.12K). 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 | $-283.20K |
| % of Total Assets | -50.49% |
| Annual Growth Rate | N/A |
| 5-Year Change | -353.79% |
| 10-Year Change | -153.14% |
| Growth Volatility | 343.79 |
Pershing Resources Company Inc - Net Assets Trend (2013–2024)
This chart illustrates how Pershing Resources Company 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 Pershing Resources Company Inc (2013–2024)
The table below shows the annual net assets of Pershing Resources Company Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-283.20K | -39.05% |
| 2023-12-31 | $-203.66K | -1018.92% |
| 2022-12-31 | $-18.20K | -177.32% |
| 2021-12-31 | $23.54K | -78.90% |
| 2020-12-31 | $111.59K | -80.64% |
| 2019-12-31 | $576.41K | -10.04% |
| 2018-12-31 | $640.72K | +188.24% |
| 2017-12-31 | $222.28K | -95.97% |
| 2016-12-31 | $5.52 Million | +935.93% |
| 2015-12-31 | $532.89K | +500.33% |
| 2014-12-31 | $88.77K | -13.19% |
| 2013-12-31 | $102.25K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pershing Resources Company 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 1200726300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $41.49K | % |
| Other Components | $16.98 Million | % |
| Total Equity | $-283.20K | 100.00% |
Pershing Resources Company Inc Competitors by Market Cap
The table below lists competitors of Pershing Resources Company Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hyper Bit Technologies Ltd.
F:N7S0
|
$3.11 Million |
|
Aco Group Bhd
KLSE:0218
|
$3.11 Million |
|
Granada Gold Mine Inc
PINK:GBBFF
|
$3.11 Million |
|
Orissa Bengal Carrier Limited
NSE:OBCL
|
$3.12 Million |
|
Gold Port Corporation
OTCQB:GPOTF
|
$3.11 Million |
|
Reed's, Inc.
OTCQX:REED
|
$3.11 Million |
|
First Venture Sweden AB Series B
ST:FIRST-B
|
$3.11 Million |
|
Tips Films Limited
NSE:TIPSFILMS
|
$3.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pershing Resources Company Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -203,665 to -283,203, a change of -79,538.
- Net loss of 447,676 reduced equity.
- Other factors increased equity by 368,138.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-447.68K | -158.08% |
| Other Changes | $368.14K | +129.99% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Pershing Resources Company 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.00 | $0.02 | x |
| 2014-12-31 | $0.00 | $0.02 | x |
| 2015-12-31 | $0.00 | $0.02 | x |
| 2016-12-31 | $0.04 | $0.02 | x |
| 2017-12-31 | $0.00 | $0.02 | x |
| 2018-12-31 | $0.00 | $0.02 | x |
| 2019-12-31 | $0.00 | $0.02 | x |
| 2020-12-31 | $0.00 | $0.02 | x |
| 2021-12-31 | $0.00 | $0.02 | x |
| 2022-12-31 | $0.00 | $0.02 | x |
| 2023-12-31 | $0.00 | $0.02 | x |
| 2024-12-31 | $0.00 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pershing Resources Company 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): 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 (-396.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -26.76% | 0.00% | 0.00x | 1.04x | $-37.59K |
| 2014 | -15.19% | 0.00% | 0.00x | 1.31x | $-22.36K |
| 2015 | -19.59% | 0.00% | 0.00x | 1.01x | $-166.58K |
| 2016 | -4.59% | 0.00% | 0.00x | 1.01x | $-805.40K |
| 2017 | -262.04% | 0.00% | 0.00x | 1.63x | $-604.71K |
| 2018 | -110.46% | 0.00% | 0.00x | 1.15x | $-771.78K |
| 2019 | -153.03% | 0.00% | 0.00x | 1.20x | $-939.72K |
| 2020 | -575.60% | 0.00% | 0.00x | 3.65x | $-653.46K |
| 2021 | -3586.91% | 0.00% | 0.00x | 16.95x | $-846.75K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-895.07K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-446.74K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-419.36K |
Industry Comparison
This section compares Pershing Resources Company Inc's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $772,452,903
- Average return on equity (ROE) among peers: -135.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pershing Resources Company Inc (PSGR) | $-283.20K | -26.76% | N/A | $3.11 Million |
| Atlas Consolidated Mining and Development Corporation (ACMDY) | $5.76 Billion | -13.16% | 2.06x | $240.13 Million |
| Antofagasta PLC (ANFGF) | $1.28 Billion | 7.59% | 0.93x | $6.24 Billion |
| Trinity One Metals Ltd. (ARJNF) | $-188.82K | 0.00% | 0.00x | $100.13K |
| Amerigo Resources Ltd. (ARREF) | $132.68 Million | 0.00% | 0.55x | $151.75 Million |
| Arizona Sonoran Copper Company Inc. (ASCUF) | $44.08 Million | -29.63% | 0.23x | $218.14 Million |
| Alta Copper Corp. (ATCUF) | $62.65 Million | -1.27% | 0.02x | $17.41 Million |
| Atalaya Mining Plc (ATLMF) | $435.90 Million | 30.66% | 0.34x | $433.10 Million |
| Bell Copper Corporation (BCUFF) | $9.40 Million | -12.90% | 0.16x | $2.22 Million |
| Giant Mining Corp. (BFGFF) | $824.41K | -253.66% | 0.31x | $18.49 Million |
| Blue River Resources Ltd (BRVRF) | $145.98K | -1083.66% | 2.72x | $704.59K |