Richmond Minerals Inc
Richmond Minerals Inc. engages in the exploration, development, and evaluation of base and precious metals in Canada. It holds 100% interest in Ridley Lake Gold property which consists of 196 contiguous unpatented mineral claims located in the Swayze Area, Porcupine Mining Division, Raney and Rollo Townships, Ontario. The company was formerly known as Aavdex Corp. and changed its name to Richmond… Read more
Richmond Minerals Inc (RMDFF) - Net Assets
Latest net assets as of November 2025: $2.20 Million USD
Based on the latest financial reports, Richmond Minerals Inc (RMDFF) has net assets worth $2.20 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.57 Million) and total liabilities ($362.96K). 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 | $2.20 Million |
| % of Total Assets | 85.86% |
| Annual Growth Rate | -2.63% |
| 5-Year Change | -27.6% |
| 10-Year Change | 180.84% |
| Growth Volatility | 70.18 |
Richmond Minerals Inc - Net Assets Trend (1999–2025)
This chart illustrates how Richmond Minerals 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 Richmond Minerals Inc (1999–2025)
The table below shows the annual net assets of Richmond Minerals Inc from 1999 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | $2.01 Million | -7.16% |
| 2024-05-31 | $2.16 Million | -13.75% |
| 2023-05-31 | $2.51 Million | -5.97% |
| 2022-05-31 | $2.67 Million | -3.85% |
| 2021-05-31 | $2.77 Million | +32.50% |
| 2020-05-31 | $2.09 Million | +55.32% |
| 2019-05-31 | $1.35 Million | -0.49% |
| 2018-05-31 | $1.35 Million | +40.49% |
| 2017-05-31 | $964.29K | +34.82% |
| 2016-05-31 | $715.22K | +268.93% |
| 2015-05-31 | $193.86K | -23.08% |
| 2014-05-31 | $252.04K | +108.08% |
| 2013-05-31 | $121.13K | -76.50% |
| 2012-05-31 | $515.54K | -79.47% |
| 2011-05-31 | $2.51 Million | -6.43% |
| 2010-05-31 | $2.68 Million | +21.45% |
| 2009-05-31 | $2.21 Million | -22.64% |
| 2008-05-31 | $2.86 Million | +67.86% |
| 2007-05-31 | $1.70 Million | +57.87% |
| 2006-05-31 | $1.08 Million | +112.74% |
| 2005-05-31 | $506.77K | -3.27% |
| 2004-05-31 | $523.90K | -21.56% |
| 2003-05-31 | $667.86K | +61.37% |
| 2002-05-31 | $413.87K | +20.29% |
| 2001-05-31 | $344.06K | -1.96% |
| 2000-05-31 | $350.96K | -91.25% |
| 1999-05-31 | $4.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Richmond Minerals 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 1411159100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $19.07 Million | 949.35% |
| Other Components | $2.66 Million | 132.22% |
| Total Equity | $2.01 Million | 100.00% |
Richmond Minerals Inc Competitors by Market Cap
The table below lists competitors of Richmond Minerals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TF1 - Dusseldorf Stock Exchang
DU:FSE
|
$71.94K |
|
JRSIS Health Care Corporation
PINK:JRSS
|
$71.95K |
|
2028 Investment Grade Bond Trust
TO:IGBT-UN
|
$72.00K |
|
435620
KQ:435620
|
$72.00K |
|
Startech Labs Inc
PINK:LAAB
|
$71.82K |
|
RICOH (RIC1.SG)
STU:RIC1
|
$71.81K |
|
TAKARA HOLDINGS - Dusseldorf Stock Exchang
DU:TAX
|
$71.69K |
|
A S CREATION TAP N
BE:ACWN
|
$71.54K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Richmond Minerals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,163,614 to 2,008,623, a change of -154,991 (-7.2%).
- Net loss of 154,991 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-154.99K | -7.72% |
| Total Change | $- | -7.16% |
Book Value vs Market Value Analysis
This analysis compares Richmond Minerals 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: 0.06x
- 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 |
|---|---|---|---|
| 1999-05-31 | $3.11 | $0.00 | x |
| 2000-05-31 | $0.22 | $0.00 | x |
| 2001-05-31 | $0.21 | $0.00 | x |
| 2002-05-31 | $0.18 | $0.00 | x |
| 2003-05-31 | $0.24 | $0.00 | x |
| 2004-05-31 | $0.12 | $0.00 | x |
| 2005-05-31 | $0.11 | $0.00 | x |
| 2006-05-31 | $0.19 | $0.00 | x |
| 2007-05-31 | $0.20 | $0.00 | x |
| 2008-05-31 | $0.23 | $0.00 | x |
| 2009-05-31 | $0.15 | $0.00 | x |
| 2010-05-31 | $0.16 | $0.00 | x |
| 2011-05-31 | $0.13 | $0.00 | x |
| 2012-05-31 | $0.03 | $0.00 | x |
| 2013-05-31 | $0.01 | $0.00 | x |
| 2014-05-31 | $0.01 | $0.00 | x |
| 2015-05-31 | $0.01 | $0.00 | x |
| 2016-05-31 | $0.02 | $0.00 | x |
| 2017-05-31 | $0.02 | $0.00 | x |
| 2018-05-31 | $0.02 | $0.00 | x |
| 2019-05-31 | $0.02 | $0.00 | x |
| 2020-05-31 | $0.02 | $0.00 | x |
| 2021-05-31 | $0.02 | $0.00 | x |
| 2022-05-31 | $0.02 | $0.00 | x |
| 2023-05-31 | $0.09 | $0.00 | x |
| 2024-05-31 | $0.07 | $0.00 | x |
| 2025-05-31 | $0.06 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Richmond Minerals 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): -7.72%
- 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: 1.16x
- Recent ROE (-7.72%) is above the historical average (-105.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -9.17% | -36800000.00% | 0.00x | 1.09x | $-769.27K |
| 2000 | -1114.95% | -391300000.00% | 0.00x | 2.28x | $-3.95 Million |
| 2001 | -80.48% | -13844250.00% | 0.00x | 2.47x | $-311.29K |
| 2002 | -9.71% | 0.00% | 0.00x | 2.06x | $-81.58K |
| 2003 | -22.31% | 0.00% | 0.00x | 1.05x | $-215.79K |
| 2004 | -90.28% | 0.00% | 0.00x | 1.29x | $-525.39K |
| 2005 | -47.75% | 0.00% | 0.00x | 1.35x | $-292.68K |
| 2006 | -84.04% | 0.00% | 0.00x | 1.08x | $-1.01 Million |
| 2007 | -3.55% | 0.00% | 0.00x | 1.02x | $-230.71K |
| 2008 | 2.87% | 0.00% | 0.00x | 1.06x | $-203.59K |
| 2009 | -37.19% | -7658.62% | 0.00x | 1.05x | $-1.04 Million |
| 2010 | -6.84% | 0.00% | 0.00x | 1.04x | $-452.04K |
| 2011 | -9.44% | 0.00% | 0.00x | 1.10x | $-488.18K |
| 2012 | -387.16% | 0.00% | 0.00x | 1.24x | $-2.05 Million |
| 2013 | -355.82% | 0.00% | 0.00x | 2.68x | $-443.11K |
| 2014 | -146.33% | 0.00% | 0.00x | 3.03x | $-394.03K |
| 2015 | -201.17% | 0.00% | 0.00x | 4.82x | $-409.39K |
| 2016 | -72.71% | 0.00% | 0.00x | 1.08x | $-591.52K |
| 2017 | -30.07% | 0.00% | 0.00x | 1.06x | $-386.43K |
| 2018 | -16.39% | 0.00% | 0.00x | 1.06x | $-357.47K |
| 2019 | -20.77% | 0.00% | 0.00x | 1.14x | $-414.81K |
| 2020 | -34.96% | 0.00% | 0.00x | 1.21x | $-941.39K |
| 2021 | -13.48% | 0.00% | 0.00x | 1.10x | $-651.44K |
| 2022 | -7.18% | 0.00% | 0.00x | 1.13x | $-458.18K |
| 2023 | -6.35% | 0.00% | 0.00x | 1.20x | $-409.79K |
| 2024 | -35.13% | 0.00% | 0.00x | 1.30x | $-976.36K |
| 2025 | -7.72% | 0.00% | 0.00x | 1.16x | $-355.85K |
Industry Comparison
This section compares Richmond Minerals 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 |
|---|---|---|---|---|
| Richmond Minerals Inc (RMDFF) | $2.20 Million | -9.17% | 0.16x | $71.83K |
| 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 |