PMET Resources Inc. (PMET) - Net Assets
Based on the latest financial reports, PMET Resources Inc. (PMET) has net assets worth CA$320.96 Million CAD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$358.39 Million) and total liabilities (CA$37.43 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 | CA$320.96 Million |
| % of Total Assets | 89.56% |
| Annual Growth Rate | 88.01% |
| 5-Year Change | 7404.55% |
| 10-Year Change | N/A |
| Growth Volatility | 147.81 |
PMET Resources Inc. - Net Assets Trend (2017–2025)
This chart illustrates how PMET Resources 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 PMET Resources Inc. (2017–2025)
The table below shows the annual net assets of PMET Resources Inc. from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$316.09 Million | +55.54% |
| 2024-03-31 | CA$203.22 Million | +190.29% |
| 2023-03-31 | CA$70.00 Million | +193.35% |
| 2022-03-31 | CA$23.86 Million | +466.56% |
| 2021-03-31 | CA$4.21 Million | +44.98% |
| 2020-03-31 | CA$2.91 Million | +4.56% |
| 2019-03-31 | CA$2.78 Million | -7.92% |
| 2018-03-31 | CA$3.02 Million | +49.00% |
| 2017-03-31 | CA$2.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PMET Resources 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 2096931100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$319.98 Million | 101.23% |
| Other Comprehensive Income | CA$22.68 Million | 7.18% |
| Total Equity | CA$316.09 Million | 100.00% |
PMET Resources Inc. Competitors by Market Cap
The table below lists competitors of PMET Resources Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Modern Dental Group Limited
F:1MD
|
$661.80 Million |
|
HBL Power Systems Limited
NSE:HBLPOWER
|
$661.89 Million |
|
Basilea Pharmaceutica AG
PINK:BPMUF
|
$661.96 Million |
|
Xilong Chemical Co Ltd
SHE:002584
|
$661.96 Million |
|
Grupa Pracuj spolka akcyjna
F:BP8
|
$661.42 Million |
|
Ningbo Shimao Energy Co.Ltd
SHG:605028
|
$661.42 Million |
|
Guangzhou Haoyun Security Technologies Co Ltd
SHE:300448
|
$661.29 Million |
|
Nexpoint Residential Trust Inc
NYSE:NXRT
|
$661.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PMET Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 203,215,000 to 316,087,000, a change of 112,872,000 (55.5%).
- Net loss of 6,297,000 reduced equity.
- Share repurchases of 148,044,000 reduced equity.
- New share issuances of 143,904,000 increased equity.
- Other comprehensive income increased equity by 6,958,000.
- Other factors increased equity by 116,351,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-6.30 Million | -1.99% |
| Share Repurchases | CA$148.04 Million | -46.84% |
| Share Issuances | CA$143.90 Million | +45.53% |
| Other Comprehensive Income | CA$6.96 Million | +2.2% |
| Other Changes | CA$116.35 Million | +36.81% |
| Total Change | CA$- | 55.54% |
Book Value vs Market Value Analysis
This analysis compares PMET Resources 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: 2.26x
- 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 3.46x to 2.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | CA$1.44 | CA$4.98 | x |
| 2018-03-31 | CA$1.53 | CA$4.98 | x |
| 2019-03-31 | CA$1.09 | CA$4.98 | x |
| 2020-03-31 | CA$0.81 | CA$4.98 | x |
| 2021-03-31 | CA$0.51 | CA$4.98 | x |
| 2022-03-31 | CA$0.30 | CA$4.98 | x |
| 2023-03-31 | CA$0.78 | CA$4.98 | x |
| 2024-03-31 | CA$1.67 | CA$4.98 | x |
| 2025-03-31 | CA$2.20 | CA$4.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PMET Resources Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.16x
- Recent ROE (-1.99%) is above the historical average (-20.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -47.60% | 0.00% | 0.00x | 1.04x | CA$-1.17 Million |
| 2018 | -31.98% | 0.00% | 0.00x | 1.08x | CA$-1.27 Million |
| 2019 | -36.42% | 0.00% | 0.00x | 1.11x | CA$-1.29 Million |
| 2020 | -18.21% | 0.00% | 0.00x | 1.01x | CA$-819.51K |
| 2021 | -18.40% | 0.00% | 0.00x | 1.04x | CA$-1.20 Million |
| 2022 | -16.27% | 0.00% | 0.00x | 1.12x | CA$-6.27 Million |
| 2023 | -14.45% | 0.00% | 0.00x | 1.54x | CA$-17.12 Million |
| 2024 | 1.28% | 0.00% | 0.00x | 1.22x | CA$-17.72 Million |
| 2025 | -1.99% | 0.00% | 0.00x | 1.16x | CA$-37.91 Million |
Industry Comparison
This section compares PMET Resources Inc.'s net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $8,193,280
- Average return on equity (ROE) among peers: 0.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PMET Resources Inc. (PMET) | CA$320.96 Million | -47.60% | 0.12x | $661.51 Million |
| Asbestos Corporation Limited (AB-H) | $-20.76 Million | 0.00% | 0.00x | $1.85 Million |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $4.85 Million |
| AE Fuels Corporation (AEF) | $94.17K | -158.20% | 2.20x | $5.10 Million |
| Alphamin Res (AFM) | $80.92 Million | -5.35% | 0.01x | $1.14 Billion |
| African Metals Corporation (AFR) | $2.33 Million | 446.81% | 0.22x | $911.83K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $2.63 Million | -140.62% | 0.52x | $3.98 Million |
| Andina Copper Corporation (ANDC) | $5.18 Million | -78.28% | 0.05x | $157.18 Million |
| Auriginal Mining Corp. (AUME) | $9.81 Million | -17.73% | 0.25x | $10.06 Million |
| Aurora Royalties Inc (AUR-H) | $-29.57K | 0.00% | 0.00x | $585.75K |
About PMET Resources Inc.
PMET Resources Inc. engages in the identification, acquisition of exploration, development, and evaluation of mineral properties in the United States and Canada. It primarily explores for gold, copper, silver, lithium, caesium, gallium, and tantalum deposits. The company's flagship properties include the Shaakichiuwaanaan project, comprising 463 claims totaling 23,710 hectares, located in Quebec.… Read more