Solis Minerals Ltd
Solis Minerals Ltd. engages in the acquisition and exploration of mineral properties in Peru and Brazil. The company explores for copper, gold, silver, molybdenum, lithium, and iron oxide deposits. Its flagship project is the Ilo Este copper-gold project located in southern Peru. The company was formerly known as Westminster Resources Ltd. and changed its name to Solis Minerals Ltd. in July 2021.… Read more
Solis Minerals Ltd (SLMFF) - Net Assets
Latest net assets as of May 2025: $8.24 Million USD
Based on the latest financial reports, Solis Minerals Ltd (SLMFF) has net assets worth $8.24 Million USD as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.67 Million) and total liabilities ($2.43 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 | $8.24 Million |
| % of Total Assets | 77.2% |
| Annual Growth Rate | 17.37% |
| 5-Year Change | 46.45% |
| 10-Year Change | 547.28% |
| Growth Volatility | 226.1 |
Solis Minerals Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Solis Minerals 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 Solis Minerals Ltd (2007–2025)
The table below shows the annual net assets of Solis Minerals Ltd from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | $8.24 Million | -26.36% |
| 2024-05-31 | $11.18 Million | +139.78% |
| 2023-05-31 | $4.66 Million | -23.86% |
| 2022-05-31 | $6.13 Million | +8.92% |
| 2021-05-31 | $5.62 Million | +207.10% |
| 2020-05-31 | $1.83 Million | -21.19% |
| 2019-05-31 | $2.32 Million | -3.17% |
| 2018-05-31 | $2.40 Million | -0.50% |
| 2017-05-31 | $2.41 Million | +89.54% |
| 2016-05-31 | $1.27 Million | +0.35% |
| 2015-05-31 | $1.27 Million | -47.52% |
| 2014-05-31 | $2.42 Million | -10.99% |
| 2013-05-31 | $2.71 Million | -1.76% |
| 2012-05-31 | $2.76 Million | -51.22% |
| 2011-05-31 | $5.67 Million | +338.84% |
| 2010-05-31 | $1.29 Million | -46.27% |
| 2009-05-31 | $2.40 Million | +913.86% |
| 2008-05-31 | $236.96K | -48.59% |
| 2007-05-31 | $460.92K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solis Minerals 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 4451315600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $48.62 Million | 590.34% |
| Other Comprehensive Income | $4.44 Million | 53.96% |
| Total Equity | $8.24 Million | 100.00% |
Solis Minerals Ltd Competitors by Market Cap
The table below lists competitors of Solis Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asia Pptys Inc
PINK:ASPZ
|
$861.26K |
|
KIMBERLY-CLARK
BE:KMY
|
$861.93K |
|
MAGHREBAIL
BC:MAGHREBAIL
|
$862.29K |
|
Sepatu Bata Tbk
JK:BATA
|
$862.32K |
|
AMEDISYS
BE:ADY
|
$860.52K |
|
Modus Therapeutics Holding AB
ST:MODTX
|
$859.70K |
|
Exro Technologies Inc
OTCQB:EXROF
|
$859.20K |
|
Silicon Gaming Inc
PINK:SGIC
|
$858.28K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solis Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,184,129 to 8,236,440, a change of -2,947,689 (-26.4%).
- Net loss of 5,252,898 reduced equity.
- New share issuances of 4,032,582 increased equity.
- Other comprehensive income increased equity by 891,233.
- Other factors decreased equity by 2,618,606.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.25 Million | -63.78% |
| Share Issuances | $4.03 Million | +48.96% |
| Other Comprehensive Income | $891.23K | +10.82% |
| Other Changes | $-2.62 Million | -31.79% |
| Total Change | $- | -26.36% |
Book Value vs Market Value Analysis
This analysis compares Solis Minerals 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
- Current price-to-book ratio: 1.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.39x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-05-31 | $0.04 | $0.10 | x |
| 2008-05-31 | $55.21 | $0.10 | x |
| 2009-05-31 | $51.98 | $0.10 | x |
| 2010-05-31 | $21.83 | $0.10 | x |
| 2011-05-31 | $55.59 | $0.10 | x |
| 2012-05-31 | $20.92 | $0.10 | x |
| 2013-05-31 | $16.42 | $0.10 | x |
| 2014-05-31 | $13.13 | $0.10 | x |
| 2015-05-31 | $2.93 | $0.10 | x |
| 2016-05-31 | $2.32 | $0.10 | x |
| 2017-05-31 | $2.61 | $0.10 | x |
| 2018-05-31 | $0.51 | $0.10 | x |
| 2019-05-31 | $0.27 | $0.10 | x |
| 2020-05-31 | $0.19 | $0.10 | x |
| 2021-05-31 | $0.35 | $0.10 | x |
| 2022-05-31 | $0.13 | $0.10 | x |
| 2023-05-31 | $0.08 | $0.10 | x |
| 2024-05-31 | $0.13 | $0.10 | x |
| 2025-05-31 | $0.09 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solis Minerals 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): -63.78%
- 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: 1.30x
- Recent ROE (-63.78%) is above the historical average (-85.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -56.44% | 0.00% | 0.00x | 1.17x | $-306.23K |
| 2008 | -286.18% | 0.00% | 0.00x | 2.06x | $-701.81K |
| 2009 | -47.87% | 0.00% | 0.00x | 1.05x | $-1.39 Million |
| 2010 | -168.39% | 0.00% | 0.00x | 1.28x | $-2.30 Million |
| 2011 | -38.00% | 0.00% | 0.00x | 1.10x | $-2.72 Million |
| 2012 | -177.32% | 0.00% | 0.00x | 1.23x | $-5.18 Million |
| 2013 | -42.95% | 0.00% | 0.00x | 1.31x | $-1.44 Million |
| 2014 | -71.26% | 0.00% | 0.00x | 1.38x | $-1.96 Million |
| 2015 | -146.84% | 0.00% | 0.00x | 1.91x | $-1.99 Million |
| 2016 | -72.97% | 0.00% | 0.00x | 2.14x | $-1.06 Million |
| 2017 | -14.31% | -5794.63% | 0.00x | 1.05x | $-586.19K |
| 2018 | -97.37% | -28752.41% | 0.00x | 1.11x | $-2.58 Million |
| 2019 | -117.90% | 0.00% | 0.00x | 1.45x | $-2.97 Million |
| 2020 | -26.87% | 0.00% | 0.00x | 1.92x | $-675.14K |
| 2021 | -3.29% | 0.00% | 0.00x | 1.10x | $-747.40K |
| 2022 | -50.92% | 0.00% | 0.00x | 1.16x | $-3.73 Million |
| 2023 | -31.32% | 0.00% | 0.00x | 1.12x | $-1.93 Million |
| 2024 | -107.02% | 0.00% | 0.00x | 1.04x | $-13.09 Million |
| 2025 | -63.78% | 0.00% | 0.00x | 1.30x | $-6.08 Million |
Industry Comparison
This section compares Solis Minerals Ltd'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 |
|---|---|---|---|---|
| Solis Minerals Ltd (SLMFF) | $8.24 Million | -56.44% | 0.30x | $861.16K |
| 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 |