Refined Metals Corp.
Refined Energy Corp., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in North America. The company's flagship Dufferin uranium project covering an area of 10,140 hectares located in the Athabasca Basin. The company was formerly known as Refined Metals Corp. and changed its name to Refined Energy Corp. in March 2024. Refined Energy Corp. is … Read more
Refined Metals Corp. (RFMCF) - Net Assets
Latest net assets as of December 2024: $-552.61K USD
Based on the latest financial reports, Refined Metals Corp. (RFMCF) has net assets worth $-552.61K USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($338.75K) and total liabilities ($891.36K). 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 | $-552.61K |
| % of Total Assets | -163.14% |
| Annual Growth Rate | N/A |
| 5-Year Change | -103.41% |
| 10-Year Change | N/A |
| Growth Volatility | 163.15 |
Refined Metals Corp. - Net Assets Trend (2019–2024)
This chart illustrates how Refined Metals 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 Refined Metals Corp. (2019–2024)
The table below shows the annual net assets of Refined Metals Corp. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $-403.57K | -421.08% |
| 2023-06-30 | $125.69K | +107.96% |
| 2022-06-30 | $-1.58 Million | -677.16% |
| 2021-06-30 | $-203.13K | -101.72% |
| 2020-06-30 | $11.84 Million | -53.35% |
| 2019-06-30 | $25.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Refined Metals 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 6469908900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $103.82 Million | % |
| Total Equity | $-403.57K | 100.00% |
Refined Metals Corp. Competitors by Market Cap
The table below lists competitors of Refined Metals Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WiSA Technologies Inc
NASDAQ:WISA
|
$4.82 Million |
|
Finlay Minerals Ltd
OTCQB:FYMNF
|
$4.82 Million |
|
Thai Wire Products Public Company Limited
BK:TWP
|
$4.82 Million |
|
AcouSort AB
ST:ACOU
|
$4.82 Million |
|
Bioscience Animal Health PCL
BK:BIS
|
$4.82 Million |
|
Biotron Limited
PINK:BITRF
|
$4.82 Million |
|
Binect AG
XETRA:MA10
|
$4.82 Million |
|
SE-Education Public Company Limited
BK:SE-ED
|
$4.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Refined Metals Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 125,694 to -403,574, a change of -529,268 (-421.1%).
- Net loss of 1,255,030 reduced equity.
- New share issuances of 140,000 increased equity.
- Other factors increased equity by 585,762.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.26 Million | -310.98% |
| Share Issuances | $140.00K | +34.69% |
| Other Changes | $585.76K | +145.14% |
| Total Change | $- | -421.08% |
Book Value vs Market Value Analysis
This analysis compares Refined Metals 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 |
|---|---|---|---|
| 2019-06-30 | $5.45 | $0.17 | x |
| 2020-06-30 | $0.44 | $0.17 | x |
| 2021-06-30 | $-0.07 | $0.17 | x |
| 2022-06-30 | $-0.05 | $0.17 | x |
| 2023-06-30 | $0.00 | $0.17 | x |
| 2024-06-30 | $-0.01 | $0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Refined Metals 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 (-227.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -149.09% | -402.16% | 0.28x | 1.34x | $-39.96 Million |
| 2020 | -492.42% | -262.46% | 0.63x | 2.99x | $-37.74 Million |
| 2021 | 0.00% | -65519.36% | 0.01x | 0.00x | $-18.05 Million |
| 2022 | 0.00% | -28099.43% | 0.10x | 0.00x | $-8.08 Million |
| 2023 | -720.58% | 0.00% | 0.00x | 6.86x | $-918.29K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.21 Million |
Industry Comparison
This section compares Refined Metals Corp.'s net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Refined Metals Corp. (RFMCF) | $-552.61K | -149.09% | N/A | $4.82 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |