Adamera Minerals Corp.
Adamera Minerals Corp., an exploration stage company, acquires and explores for precious metals. The company primarily explores for silver, gold, copper, and zinc deposits. Its principal properties are the Cooke Mountain, Empire Creek, Buckhorn 2.0, Talisman, and Flag Hill located in Washington State, the United States. The company was incorporated in 2013 and is headquartered in Vancouver, Canad… Read more
Adamera Minerals Corp. (ADZ) - Net Assets
Latest net assets as of September 2025: CA$5.53 Million CAD
Based on the latest financial reports, Adamera Minerals Corp. (ADZ) has net assets worth CA$5.53 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$6.00 Million) and total liabilities (CA$466.69K). 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$5.53 Million |
| % of Total Assets | 92.22% |
| Annual Growth Rate | 12.36% |
| 5-Year Change | -4.8% |
| 10-Year Change | 904.81% |
| Growth Volatility | 68.23 |
Adamera Minerals Corp. - Net Assets Trend (2012–2024)
This chart illustrates how Adamera 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 Adamera Minerals Corp. (2012–2024)
The table below shows the annual net assets of Adamera Minerals Corp. from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$5.94 Million | -22.84% |
| 2023-12-31 | CA$7.70 Million | -6.08% |
| 2022-12-31 | CA$8.20 Million | +3.47% |
| 2021-12-31 | CA$7.92 Million | +26.96% |
| 2020-12-31 | CA$6.24 Million | +29.35% |
| 2019-12-31 | CA$4.83 Million | +1.49% |
| 2018-12-31 | CA$4.75 Million | +9.69% |
| 2017-12-31 | CA$4.33 Million | +170.74% |
| 2016-12-31 | CA$1.60 Million | +170.73% |
| 2015-12-31 | CA$591.38K | -63.16% |
| 2014-12-31 | CA$1.61 Million | -8.67% |
| 2013-12-31 | CA$1.76 Million | +19.73% |
| 2012-12-31 | CA$1.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Adamera 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 1182604500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$42.51 Million | 715.35% |
| Total Equity | CA$5.94 Million | 100.00% |
Adamera Minerals Corp. Competitors by Market Cap
The table below lists competitors of Adamera Minerals Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DGA Spólka Akcyjna
WAR:DGA
|
$2.99 Million |
|
Novavis Group SA
WAR:NVG
|
$2.99 Million |
|
Techno Medical Public Company Limited
BK:TM
|
$2.99 Million |
|
InCoax Networks AB
ST:INCOAX
|
$2.99 Million |
|
Bhakti Agung Propertindo
JK:BAPI
|
$2.99 Million |
|
Zonetail Inc
OTCQB:ZTLLF
|
$2.99 Million |
|
DMD Digital Health Connections Group Inc
NASDAQ:APTOF
|
$2.99 Million |
|
Quinsam Capital Corp
PINK:QCAAF
|
$2.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adamera Minerals Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,701,541 to 5,942,316, a change of -1,759,225 (-22.8%).
- Net loss of 3,148,672 reduced equity.
- New share issuances of 1,242,192 increased equity.
- Other comprehensive income decreased equity by 2,316,462.
- Other factors increased equity by 2,463,717.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.15 Million | -52.99% |
| Share Issuances | CA$1.24 Million | +20.9% |
| Other Comprehensive Income | CA$-2.32 Million | -38.98% |
| Other Changes | CA$2.46 Million | +41.46% |
| Total Change | CA$- | -22.84% |
Book Value vs Market Value Analysis
This analysis compares Adamera 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: 0.76x
- 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 2.38x to 0.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CA$0.06 | CA$0.14 | x |
| 2014-12-31 | CA$0.04 | CA$0.14 | x |
| 2015-12-31 | CA$0.01 | CA$0.14 | x |
| 2016-12-31 | CA$0.02 | CA$0.14 | x |
| 2017-12-31 | CA$0.04 | CA$0.14 | x |
| 2018-12-31 | CA$0.04 | CA$0.14 | x |
| 2019-12-31 | CA$0.03 | CA$0.14 | x |
| 2020-12-31 | CA$0.04 | CA$0.14 | x |
| 2021-12-31 | CA$0.04 | CA$0.14 | x |
| 2022-12-31 | CA$0.04 | CA$0.14 | x |
| 2023-12-31 | CA$0.34 | CA$0.14 | x |
| 2024-12-31 | CA$0.18 | CA$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adamera Minerals Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -52.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.13x
- Recent ROE (-52.99%) is below the historical average (-49.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -131.89% | 0.00% | 0.00x | 1.35x | CA$-2.49 Million |
| 2014 | -69.06% | 0.00% | 0.00x | 1.37x | CA$-1.27 Million |
| 2015 | -199.89% | 0.00% | 0.00x | 2.34x | CA$-1.24 Million |
| 2016 | -39.88% | 0.00% | 0.00x | 1.43x | CA$-798.65K |
| 2017 | -30.35% | 0.00% | 0.00x | 1.10x | CA$-1.75 Million |
| 2018 | -14.35% | 0.00% | 0.00x | 1.07x | CA$-1.16 Million |
| 2019 | -11.80% | 0.00% | 0.00x | 1.15x | CA$-1.05 Million |
| 2020 | -3.60% | 0.00% | 0.00x | 1.27x | CA$-848.86K |
| 2021 | -7.08% | 0.00% | 0.00x | 1.19x | CA$-1.35 Million |
| 2022 | -13.43% | 0.00% | 0.00x | 1.14x | CA$-1.92 Million |
| 2023 | -18.02% | 0.00% | 0.00x | 1.13x | CA$-2.16 Million |
| 2024 | -52.99% | 0.00% | 0.00x | 1.13x | CA$-3.74 Million |
Industry Comparison
This section compares Adamera 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: $5,490,248
- Average return on equity (ROE) among peers: -9.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adamera Minerals Corp. (ADZ) | CA$5.53 Million | -131.89% | 0.08x | $2.99 Million |
| AC/DC Battery Metals Inc. (ACDC) | $1.48 Million | -20.93% | 0.02x | $487.04 |
| Archon Minerals Ltd (ACS) | $-2.07 Million | 0.00% | 0.00x | $1.79 Million |
| Argonaut Exploration Inc. (AGA) | $6.54 Million | -40.86% | 0.13x | $74.49 Million |
| Alpha Exploration Ltd (ALEX) | $15.98 Million | -2.45% | 0.05x | $19.42 Million |
| Angel Wing Metals Inc (AWM) | $9.86 Million | -19.57% | 0.07x | $2.70 Million |
| Arizona Gold & Silver Inc. (AZS) | $7.02 Million | -8.43% | 0.01x | $34.92 Million |
| Thunderbird Minerals Corp. (BIRD) | $100.00 | 0.00% | 0.00x | $539.80 |
| Bonanza Mining Corporation (BNZ) | $2.22 Million | -7.98% | 0.07x | $1.35 Million |
| Canadian Critical Minerals Inc. (CCMI) | $8.39 Million | 17.33% | 0.67x | $6.70 Million |