Western Alaska Minerals Corp
Alaska Silver Corp. engages in the acquisition, exploration, and evaluation of mineral properties in the United States. The company primarily explores for gold, silver, molybdenum, copper, lead, and zinc deposits. The company was formerly known as Western Alaska Minerals Corp. and changed its name to Alaska Silver Corp. in April 2025. Alaska Silver Corp. is headquartered in Tucson, Arizona.
Western Alaska Minerals Corp (WAMFF) - Net Assets
Latest net assets as of September 2025: $2.30 Million USD
Based on the latest financial reports, Western Alaska Minerals Corp (WAMFF) has net assets worth $2.30 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.64 Million) and total liabilities ($6.34 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 | $2.30 Million |
| % of Total Assets | 26.62% |
| Annual Growth Rate | 32.06% |
| 5-Year Change | 263.35% |
| 10-Year Change | N/A |
| Growth Volatility | 47.14 |
Western Alaska Minerals Corp - Net Assets Trend (2019–2024)
This chart illustrates how Western Alaska Minerals 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 Western Alaska Minerals Corp (2019–2024)
The table below shows the annual net assets of Western Alaska Minerals Corp from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $32.19 Million | +13.64% |
| 2023-12-31 | $28.32 Million | +16.28% |
| 2022-12-31 | $24.36 Million | +132.38% |
| 2021-12-31 | $10.48 Million | +18.32% |
| 2020-12-31 | $8.86 Million | +10.62% |
| 2019-12-31 | $8.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Western Alaska Minerals 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 1307549800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $41.49 Million | 128.91% |
| Other Comprehensive Income | $4.23 Million | 13.15% |
| Total Equity | $32.19 Million | 100.00% |
Western Alaska Minerals Corp Competitors by Market Cap
The table below lists competitors of Western Alaska Minerals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
YSP Southeast Asia Holding Bhd
KLSE:7178
|
$21.44 Million |
|
Soluna Holdings Inc
NASDAQ:SLNH
|
$21.45 Million |
|
Stream Media Corporation
PINK:STEAF
|
$21.46 Million |
|
Rapala VMC Oyj
HE:RAP1V
|
$21.46 Million |
|
MIMDF
OTCQB:MIMDF
|
$21.43 Million |
|
KPX Lifescience.Co.Ltd
KQ:114450
|
$21.42 Million |
|
ENEFIT GREEN AS
F:I6B
|
$21.41 Million |
|
Tanaka Co.Ltd
F:TDJ
|
$21.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Western Alaska Minerals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,322,564 to 32,186,484, a change of 3,863,920 (13.6%).
- Net loss of 3,146,330 reduced equity.
- New share issuances of 5,865,837 increased equity.
- Other comprehensive income increased equity by 4,430,865.
- Other factors decreased equity by 3,286,452.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.15 Million | -9.78% |
| Share Issuances | $5.87 Million | +18.22% |
| Other Comprehensive Income | $4.43 Million | +13.77% |
| Other Changes | $-3.29 Million | -10.21% |
| Total Change | $- | 13.64% |
Book Value vs Market Value Analysis
This analysis compares Western Alaska Minerals 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
- Current price-to-book ratio: 0.46x
- 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.
- The price-to-book ratio has decreased from 1.91x to 0.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.21 | $0.40 | x |
| 2020-12-31 | $0.00 | $0.40 | x |
| 2021-12-31 | $2.02 | $0.40 | x |
| 2022-12-31 | $1.32 | $0.40 | x |
| 2023-12-31 | $1.08 | $0.40 | x |
| 2024-12-31 | $0.86 | $0.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Western Alaska Minerals 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): -9.78%
- 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: 1.10x
- Recent ROE (-9.78%) is below the historical average (-9.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -1.97% | 0.00% | 0.00x | 1.00x | $-958.81K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-126.27K |
| 2021 | -20.27% | 0.00% | 0.00x | 1.27x | $-3.17 Million |
| 2022 | -10.47% | 0.00% | 0.00x | 1.14x | $-4.99 Million |
| 2023 | -15.65% | 0.00% | 0.00x | 1.13x | $-7.26 Million |
| 2024 | -9.78% | 0.00% | 0.00x | 1.10x | $-6.36 Million |
Industry Comparison
This section compares Western Alaska Minerals Corp'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 |
|---|---|---|---|---|
| Western Alaska Minerals Corp (WAMFF) | $2.30 Million | -1.97% | 2.76x | $21.44 Million |
| 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 |