RJK Explorations Ltd
RJK Explorations Ltd., a mineral exploration company, acquires, explores for, and develops mineral resource properties in Canada. The company primarily explores for diamond, gold, silver, cobalt, and other base metals. It focuses on the diamond exploration in the Cobalt area of Northern Ontario. The company was founded in 1922 and is headquartered in Kirkland Lake, Canada.
RJK Explorations Ltd (RJKAF) - Net Assets
Latest net assets as of September 2025: $-322.53K USD
Based on the latest financial reports, RJK Explorations Ltd (RJKAF) has net assets worth $-322.53K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($99.66K) and total liabilities ($422.19K). 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 | $-322.53K |
| % of Total Assets | -323.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | -102.81% |
| 10-Year Change | -103.21% |
| Growth Volatility | 296.07 |
RJK Explorations Ltd - Net Assets Trend (1998–2024)
This chart illustrates how RJK Explorations Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RJK Explorations Ltd (1998–2024)
The table below shows the annual net assets of RJK Explorations Ltd from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-98.56K | +23.18% |
| 2023-12-31 | $-128.29K | -128.40% |
| 2022-12-31 | $451.76K | +1443.06% |
| 2021-12-31 | $29.28K | -99.16% |
| 2020-12-31 | $3.51 Million | +123.24% |
| 2019-12-31 | $1.57 Million | -42.91% |
| 2018-12-31 | $2.75 Million | +324.17% |
| 2017-12-31 | $648.55K | -83.30% |
| 2016-12-31 | $3.88 Million | +26.42% |
| 2015-12-31 | $3.07 Million | -4.70% |
| 2014-12-31 | $3.22 Million | -6.92% |
| 2013-12-31 | $3.46 Million | +2.96% |
| 2012-12-31 | $3.36 Million | +76.51% |
| 2011-12-31 | $1.91 Million | +298.07% |
| 2010-12-31 | $478.79K | -73.48% |
| 2009-12-31 | $1.81 Million | -0.27% |
| 2008-12-31 | $1.81 Million | -27.07% |
| 2007-12-31 | $2.48 Million | +130.66% |
| 2006-12-31 | $1.08 Million | -10.72% |
| 2005-12-31 | $1.21 Million | -8.20% |
| 2004-12-31 | $1.31 Million | -8.21% |
| 2003-12-31 | $1.43 Million | +31.60% |
| 2002-12-31 | $1.09 Million | -8.56% |
| 2001-12-31 | $1.19 Million | +66.90% |
| 2000-12-31 | $712.24K | +4.21% |
| 1999-12-31 | $683.47K | +99.48% |
| 1998-12-31 | $342.63K | -- |
Equity Component Analysis
This analysis shows how different components contribute to RJK Explorations Ltd'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 2207820900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $31.06 Million | % |
| Other Components | $5.17 Million | % |
| Total Equity | $-98.56K | 100.00% |
RJK Explorations Ltd Competitors by Market Cap
The table below lists competitors of RJK Explorations Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Burcon NutraScience Corp
PINK:BRCNF
|
$518.20K |
|
Cymbria Corporation
PINK:CYMBF
|
$518.44K |
|
Silver Sands Resources Corp
PINK:SSRSF
|
$518.45K |
|
Quest Critical Metals Inc.
F:DCR0
|
$518.53K |
|
Spermosens AB (publ)
F:9R5
|
$517.28K |
|
Longevity Health Holdings, Inc.
NASDAQ:XAGE
|
$516.88K |
|
HAEMONETICS
MU:HAZ
|
$516.82K |
|
Movinn AS
CO:MOVINN
|
$516.79K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RJK Explorations Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -128,294 to -98,559, a change of 29,735.
- Net loss of 523,000 reduced equity.
- New share issuances of 424,000 increased equity.
- Other comprehensive income decreased equity by 1,197,697.
- Other factors increased equity by 1,326,432.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-523.00K | -530.65% |
| Share Issuances | $424.00K | +430.2% |
| Other Comprehensive Income | $-1.20 Million | -1215.21% |
| Other Changes | $1.33 Million | +1345.83% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares RJK Explorations Ltd'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 |
|---|---|---|---|
| 1998-12-31 | $0.24 | $0.04 | x |
| 1999-12-31 | $0.43 | $0.04 | x |
| 2000-12-31 | $0.45 | $0.04 | x |
| 2001-12-31 | $0.61 | $0.04 | x |
| 2002-12-31 | $0.50 | $0.04 | x |
| 2003-12-31 | $0.59 | $0.04 | x |
| 2004-12-31 | $0.47 | $0.04 | x |
| 2005-12-31 | $0.43 | $0.04 | x |
| 2006-12-31 | $0.38 | $0.04 | x |
| 2007-12-31 | $0.89 | $0.04 | x |
| 2008-12-31 | $0.47 | $0.04 | x |
| 2009-12-31 | $0.39 | $0.04 | x |
| 2010-12-31 | $0.10 | $0.04 | x |
| 2011-12-31 | $0.25 | $0.04 | x |
| 2012-12-31 | $0.41 | $0.04 | x |
| 2013-12-31 | $0.40 | $0.04 | x |
| 2014-12-31 | $0.36 | $0.04 | x |
| 2015-12-31 | $0.34 | $0.04 | x |
| 2016-12-31 | $0.34 | $0.04 | x |
| 2017-12-31 | $0.02 | $0.04 | x |
| 2018-12-31 | $0.09 | $0.04 | x |
| 2019-12-31 | $0.03 | $0.04 | x |
| 2020-12-31 | $0.06 | $0.04 | x |
| 2021-12-31 | $0.00 | $0.04 | x |
| 2022-12-31 | $0.01 | $0.04 | x |
| 2023-12-31 | $0.00 | $0.04 | x |
| 2024-12-31 | $0.00 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RJK Explorations Ltd 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 (-352.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -499.08% | -197004.61% | 0.00x | 1.18x | $-1.74 Million |
| 1999 | -13.92% | -14009.57% | 0.00x | 1.17x | $-163.47K |
| 2000 | -44.37% | -7550.78% | 0.00x | 1.18x | $-387.22K |
| 2001 | -17.08% | 0.00% | 0.00x | 1.10x | $-321.87K |
| 2002 | -43.24% | 0.00% | 0.00x | 1.11x | $-578.70K |
| 2003 | -25.66% | 0.00% | 0.00x | 1.08x | $-510.05K |
| 2004 | -27.19% | 0.00% | 0.00x | 1.09x | $-488.31K |
| 2005 | -15.76% | 0.00% | 0.00x | 1.14x | $-310.54K |
| 2006 | -12.01% | 0.00% | 0.00x | 1.24x | $-236.89K |
| 2007 | -23.20% | -2352.04% | 0.01x | 1.14x | $-824.10K |
| 2008 | -46.95% | -5471.87% | 0.01x | 1.12x | $-1.03 Million |
| 2009 | -26.42% | -313815.79% | 0.00x | 1.11x | $-657.55K |
| 2010 | -324.36% | -517666.67% | 0.00x | 2.46x | $-1.60 Million |
| 2011 | -53.73% | 0.00% | 0.00x | 1.32x | $-1.21 Million |
| 2012 | -14.95% | 0.00% | 0.00x | 1.19x | $-839.41K |
| 2013 | -9.12% | 0.00% | 0.00x | 1.17x | $-662.35K |
| 2014 | -8.50% | 0.00% | 0.00x | 1.26x | $-596.39K |
| 2015 | -6.02% | 0.00% | 0.00x | 1.32x | $-492.23K |
| 2016 | 1.37% | 0.00% | 0.00x | 1.15x | $-335.03K |
| 2017 | -591.01% | 0.00% | 0.00x | 1.68x | $-3.90 Million |
| 2018 | -139.33% | 0.00% | 0.00x | 1.14x | $-4.11 Million |
| 2019 | -170.51% | 0.00% | 0.00x | 1.30x | $-2.84 Million |
| 2020 | -51.34% | 0.00% | 0.00x | 1.12x | $-2.15 Million |
| 2021 | -7193.36% | 0.00% | 0.00x | 11.83x | $-2.11 Million |
| 2022 | -150.74% | 0.00% | 0.00x | 2.26x | $-726.18K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-620.17K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-513.14K |
Industry Comparison
This section compares RJK Explorations Ltd'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 |
|---|---|---|---|---|
| RJK Explorations Ltd (RJKAF) | $-322.53K | -499.08% | N/A | $517.37K |
| 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 |