Silver X Mining Corp (AGX) - Net Assets
Based on the latest financial reports, Silver X Mining Corp (AGX) has net assets worth CA$20.38 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$58.06 Million) and total liabilities (CA$37.68 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$20.38 Million |
| % of Total Assets | 35.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 224.46 |
Silver X Mining Corp - Net Assets Trend (2019–2024)
This chart illustrates how Silver X Mining 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 Silver X Mining Corp (2019–2024)
The table below shows the annual net assets of Silver X Mining Corp from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$18.90 Million | +1.05% |
| 2023-12-31 | CA$18.71 Million | -51.24% |
| 2022-12-31 | CA$38.37 Million | +448.89% |
| 2020-12-31 | CA$6.99 Million | +1681.21% |
| 2019-12-31 | CA$-442.07K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Silver X Mining 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 5173258600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$85.44 Million | 452.03% |
| Total Equity | CA$18.90 Million | 100.00% |
Silver X Mining Corp Competitors by Market Cap
The table below lists competitors of Silver X Mining Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Merafe
JSE:MRF
|
$148.75 Million |
|
NGL Fine-Chem Limited
NSE:NGLFINE
|
$148.77 Million |
|
TIL Limited
NSE:TIL
|
$148.79 Million |
|
American Eagle Gold Corp
V:AE
|
$148.82 Million |
|
Shanghai Jinjiang International Travel Co Ltd
SHG:900929
|
$148.73 Million |
|
Precia S.A.
PA:ALPM
|
$148.68 Million |
|
6ZF
F:6ZF
|
$148.68 Million |
|
Hercules Metals Corp.
V:BIG
|
$148.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Silver X Mining Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,706,714 to 18,902,346, a change of 195,632 (1.0%).
- Net loss of 4,451,222 reduced equity.
- New share issuances of 3,562,255 increased equity.
- Other factors increased equity by 1,084,599.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.45 Million | -23.55% |
| Share Issuances | CA$3.56 Million | +18.85% |
| Other Changes | CA$1.08 Million | +5.74% |
| Total Change | CA$- | 1.05% |
Book Value vs Market Value Analysis
This analysis compares Silver X Mining 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: 9.08x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$0.00 | CA$0.85 | x |
| 2020-12-31 | CA$0.06 | CA$0.85 | x |
| 2022-12-31 | CA$0.24 | CA$0.85 | x |
| 2023-12-31 | CA$0.11 | CA$0.85 | x |
| 2024-12-31 | CA$0.09 | CA$0.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Silver X Mining Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.37%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 2.85x
- Recent ROE (-23.55%) is above the historical average (-48.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -54.56% | 0.00% | 0.00x | 1.04x | CA$-4.51 Million |
| 2022 | -47.47% | -131.28% | 0.21x | 1.73x | CA$-22.05 Million |
| 2023 | -66.45% | -79.34% | 0.30x | 2.77x | CA$-14.30 Million |
| 2024 | -23.55% | -20.37% | 0.41x | 2.85x | CA$-6.34 Million |
Industry Comparison
This section compares Silver X Mining Corp'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: $-2,549,716
- Average return on equity (ROE) among peers: 37.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Silver X Mining Corp (AGX) | CA$20.38 Million | -54.56% | 1.85x | $148.73 Million |
| Aftermath Silver Ltd (AAG) | $25.06 Million | -33.91% | 0.29x | $215.07 Million |
| Aton Resources Inc (AAN) | $-1.50 Million | 0.00% | 0.00x | $52.55 Million |
| Asbestos Corporation Limited (AB-H) | $-22.33 Million | 0.00% | 0.00x | $1.85 Million |
| Arbor Metals Corp (ABR) | $3.78 Million | -10.88% | 0.34x | $10.15 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $5.75 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| AE Fuels Corporation (AEF) | $423.41K | -11.49% | 0.28x | $4.95 Million |
| Alphamin Res (AFM) | $272.15K | -48.58% | 0.07x | $1.27 Billion |
| African Metals Corporation (AFR) | $2.33 Million | 446.81% | 0.22x | $1.00 Million |
About Silver X Mining Corp
Silver X Mining Corp. explores, acquires, and develops mineral properties in the Americas. The company explores for silver, gold, lead, and zinc deposits. Its flagship project is the Nueva Recuperada Silver project that covers an area of 20,472 hectares located in Huancavelica, Peru. The company was formerly known as Oro X Mining Corp. and changed its name to Silver X Mining Corp. in June 2021. S… Read more