Precious Metals And Mining Trust
Precious Metals and Mining Trust is a closed ended equity fund launched and managed CI Investments Inc. The fund invests in public equity markets of Canada. It invests in stocks of companies in Metals and Mining sector. The fund invests in value stocks of small capitalization companies. The fund employs fundamental analysis with top-down and bottom-up stock picking approach focusing on factors li… Read more
Precious Metals And Mining Trust (MMP-UN) - Net Assets
Latest net assets as of June 2025: CA$24.56 Million CAD
Based on the latest financial reports, Precious Metals And Mining Trust (MMP-UN) has net assets worth CA$24.56 Million CAD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$24.77 Million) and total liabilities (CA$202.00K). 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 | CA$24.56 Million |
| % of Total Assets | 99.18% |
| Annual Growth Rate | -8.05% |
| 5-Year Change | -47.4% |
| 10-Year Change | -48.3% |
| Growth Volatility | 74.68 |
Precious Metals And Mining Trust - Net Assets Trend (2007–2024)
This chart illustrates how Precious Metals And Mining Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Precious Metals And Mining Trust (2007–2024)
The table below shows the annual net assets of Precious Metals And Mining Trust from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$18.68 Million | -3.86% |
| 2023-12-31 | CA$19.43 Million | -15.07% |
| 2022-12-31 | CA$22.88 Million | -25.55% |
| 2021-12-31 | CA$30.74 Million | -13.46% |
| 2020-12-31 | CA$35.52 Million | +23.54% |
| 2019-12-31 | CA$28.75 Million | +5.30% |
| 2018-12-31 | CA$27.31 Million | -29.14% |
| 2017-12-31 | CA$38.53 Million | -14.72% |
| 2016-12-31 | CA$45.18 Million | +25.03% |
| 2015-12-31 | CA$36.14 Million | -33.83% |
| 2014-12-31 | CA$54.61 Million | -7.59% |
| 2013-12-31 | CA$59.10 Million | -61.52% |
| 2012-12-31 | CA$153.59 Million | -22.02% |
| 2011-12-31 | CA$196.97 Million | -28.76% |
| 2010-12-31 | CA$276.50 Million | +278.02% |
| 2009-12-31 | CA$73.14 Million | +79.23% |
| 2008-12-31 | CA$40.81 Million | -47.57% |
| 2007-12-31 | CA$77.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Precious Metals And Mining Trust'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$18.68 Million | 100.00% |
| Total Equity | CA$18.68 Million | 100.00% |
Precious Metals And Mining Trust Competitors by Market Cap
The table below lists competitors of Precious Metals And Mining Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inergy Technology Inc.
TWO:6693
|
$27.14K |
|
Bgin Blockchain Limited Class A Ordinary Shares
NASDAQ:BGIN
|
$27.14K |
|
CLOCKCHAIN AG INH O.N.
F:U1DA
|
$27.15K |
|
International Media Acquisition Corp. Warrants
NASDAQ:IMAQW
|
$27.15K |
|
Embrace Change Acquisition Corp Warrants
NASDAQ:EMCGW
|
$27.11K |
|
WPP - Dusseldorf Stock Exchang
DU:0WP
|
$27.10K |
|
CTAC N.V. EO-24
F:TAC
|
$27.08K |
|
Totally Green Inc
PINK:TLGN
|
$27.07K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Precious Metals And Mining Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,435,000 to 18,685,000, a change of -750,000 (-3.9%).
- Net income of 1,802,000 contributed positively to equity growth.
- Dividend payments of 1,256,000 reduced retained earnings.
- Share repurchases of 1,302,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$1.80 Million | +9.64% |
| Dividends Paid | CA$1.26 Million | -6.72% |
| Share Repurchases | CA$1.30 Million | -6.97% |
| Other Changes | CA$6.00K | +0.03% |
| Total Change | CA$- | -3.86% |
Book Value vs Market Value Analysis
This analysis compares Precious Metals And Mining Trust'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: 2.25x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.47x to 2.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CA$8.43 | CA$4.00 | x |
| 2008-12-31 | CA$4.43 | CA$4.00 | x |
| 2009-12-31 | CA$7.54 | CA$4.00 | x |
| 2010-12-31 | CA$18.16 | CA$4.00 | x |
| 2011-12-31 | CA$7.39 | CA$4.00 | x |
| 2012-12-31 | CA$5.75 | CA$4.00 | x |
| 2013-12-31 | CA$2.21 | CA$4.00 | x |
| 2014-12-31 | CA$2.04 | CA$4.00 | x |
| 2015-12-31 | CA$1.43 | CA$4.00 | x |
| 2016-12-31 | CA$2.18 | CA$4.00 | x |
| 2017-12-31 | CA$2.00 | CA$4.00 | x |
| 2018-12-31 | CA$1.43 | CA$4.00 | x |
| 2019-12-31 | CA$1.59 | CA$4.00 | x |
| 2020-12-31 | CA$2.16 | CA$4.00 | x |
| 2021-12-31 | CA$2.24 | CA$4.00 | x |
| 2022-12-31 | CA$1.83 | CA$4.00 | x |
| 2023-12-31 | CA$1.71 | CA$4.00 | x |
| 2024-12-31 | CA$1.78 | CA$4.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Precious Metals And Mining Trust 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): 9.64%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 674.91%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.01x
- Recent ROE (9.64%) is above the historical average (-5.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 14.51% | 867.63% | 0.01x | 1.17x | CA$3.51 Million |
| 2008 | -112.26% | -7658.15% | 0.01x | 1.03x | CA$-49.89 Million |
| 2009 | 60.01% | 31201.17% | 0.00x | 1.02x | CA$36.58 Million |
| 2010 | 28.25% | 50650.67% | 0.00x | 1.03x | CA$50.46 Million |
| 2011 | -24.34% | -8315.00% | 0.00x | 1.02x | CA$-67.65 Million |
| 2012 | -7.80% | 0.00% | -0.06x | 1.03x | CA$-27.34 Million |
| 2013 | -128.52% | 0.00% | -1.24x | 1.02x | CA$-81.86 Million |
| 2014 | 8.68% | 85.59% | 0.10x | 1.01x | CA$-720.01K |
| 2015 | -16.26% | 0.00% | -0.14x | 1.01x | CA$-9.49 Million |
| 2016 | 42.52% | 96.97% | 0.43x | 1.01x | CA$14.69 Million |
| 2017 | -5.38% | 0.00% | -0.04x | 1.01x | CA$-5.93 Million |
| 2018 | -20.00% | 0.00% | -0.18x | 1.02x | CA$-8.19 Million |
| 2019 | 19.78% | 92.89% | 0.21x | 1.01x | CA$2.81 Million |
| 2020 | 48.01% | 220.61% | 0.22x | 1.01x | CA$13.45 Million |
| 2021 | -1.98% | -11.95% | 0.16x | 1.01x | CA$-3.67 Million |
| 2022 | -18.35% | 0.00% | 0.00x | 1.01x | CA$-6.49 Million |
| 2023 | -1.79% | -218.87% | 0.01x | 1.01x | CA$-2.29 Million |
| 2024 | 9.64% | 674.91% | 0.01x | 1.01x | CA$-66.50K |
Industry Comparison
This section compares Precious Metals And Mining Trust's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Precious Metals And Mining Trust (MMP-UN) | CA$24.56 Million | 14.51% | 0.01x | $27.12K |
| Economic Investment Trust Ltd (EVT) | $1.01 Billion | -1.73% | 0.09x | $137.78K |
| Canso Credit Trust - Canso Credit Income Fund (PBY-UN) | $140.88 Million | 3.37% | 0.01x | $101.44K |