Alturas Minerals Corp (ALT) - Net Assets
Based on the latest financial reports, Alturas Minerals Corp (ALT) has net assets worth CA$-2.15 Million CAD (≈ $-1.55 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 (CA$128.49K ≈ $92.95K USD) and total liabilities (CA$2.28 Million ≈ $1.65 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ALT strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-2.15 Million |
| % of Total Assets | -1671.38% |
| Annual Growth Rate | N/A |
| 5-Year Change | -2825.38% |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Alturas Minerals Corp - Net Assets Trend (2013–2024)
This chart illustrates how Alturas Minerals Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Alturas Minerals Corp.
Annual Net Assets for Alturas Minerals Corp (2013–2024)
The table below shows the annual net assets of Alturas Minerals Corp from 2013 to 2024. Also explore ALT year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-2.04 Million ≈ $-1.48 Million |
-9.36% |
| 2023-12-31 | CA$-1.87 Million ≈ $-1.35 Million |
-35.22% |
| 2022-12-31 | CA$-1.38 Million ≈ $-1.00 Million |
-67.48% |
| 2021-12-31 | CA$-825.50K ≈ $-597.15K |
-1200.52% |
| 2020-12-31 | CA$75.01K ≈ $54.26K |
+103.04% |
| 2019-12-31 | CA$-2.46 Million ≈ $-1.78 Million |
-32.81% |
| 2018-12-31 | CA$-1.86 Million ≈ $-1.34 Million |
-30.00% |
| 2017-12-31 | CA$-1.43 Million ≈ $-1.03 Million |
-1.62% |
| 2016-12-31 | CA$-1.40 Million ≈ $-1.02 Million |
-23.18% |
| 2015-12-31 | CA$-1.14 Million ≈ $-825.04K |
-28.18% |
| 2014-12-31 | CA$-889.78K ≈ $-643.65K |
-172.68% |
| 2013-12-31 | CA$-326.31K ≈ $-236.05K |
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Equity Component Analysis
This analysis shows how different components contribute to Alturas 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 263191600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$29.33 Million | % |
| Total Equity | CA$-2.04 Million | 100.00% |
Alturas Minerals Corp Competitors by Market Cap
The table below lists competitors of Alturas Minerals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Soho Development SA
WAR:SHD
|
$2.11 Million |
|
SKIL Infrastructure Limited
NSE:SKIL
|
$2.11 Million |
|
Downing Renewables & Infrastructure Trust PLC
LSE:DORE
|
$2.11 Million |
|
Steakholder Foods Ltd
NASDAQ:STKH
|
$2.12 Million |
|
NOVRA TECHNOLOGIES INC.
F:7CV
|
$2.11 Million |
|
Cariboo Rose Resources Ltd
V:CRB
|
$2.10 Million |
|
British Smaller Companies Vct 2 Plc
LSE:BSC
|
$2.10 Million |
|
Bathurst Metals Corp
V:BMV
|
$2.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alturas Minerals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,869,377 to -2,044,311, a change of -174,934.
- Net loss of 196,782 reduced equity.
- Other factors increased equity by 21,848.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-196.78K | -9.63% |
| Other Changes | CA$21.85K | +1.07% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Alturas 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$-0.01 | CA$0.02 | x |
| 2018-12-31 | CA$-0.01 | CA$0.02 | x |
| 2019-12-31 | CA$-0.02 | CA$0.02 | x |
| 2020-12-31 | CA$0.00 | CA$0.02 | x |
| 2021-12-31 | CA$-0.01 | CA$0.02 | x |
| 2022-12-31 | CA$-0.01 | CA$0.02 | x |
| 2023-12-31 | CA$-0.01 | CA$0.02 | x |
| 2024-12-31 | CA$-0.01 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alturas Minerals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (282.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.51 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-474.49K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-136.69K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-123.93K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-477.60K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-525.27K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-362.38K |
| 2020 | 3386.00% | 0.00% | 0.00x | 28.33x | CA$2.53 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-829.82K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-418.77K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-299.92K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$7.65K |
Industry Comparison
This section compares Alturas Minerals 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: $45,174,462
- Average return on equity (ROE) among peers: -11.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alturas Minerals Corp (ALT) | CA$-2.15 Million | 0.00% | N/A | $2.11 Million |
| Aftermath Silver Ltd (AAG) | $-1.02 Million | 0.00% | 0.00x | $168.05 Million |
| Aton Resources Inc (AAN) | $-5.02 Million | 0.00% | 0.00x | $48.87 Million |
| Arbor Metals Corp (ABR) | $10.98 Million | -14.09% | 0.06x | $5.80 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $3.27 Million |
| Adex Mining Inc (ADE) | $15.29 Million | -9.66% | 0.03x | $46.54 Million |
| Alphamin Res (AFM) | $197.93 Million | -3.97% | 0.50x | $1.32 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $-628.42K | 0.00% | 0.00x | $158.28 Million |
| Almonty Industries Inc (AII) | $48.51 Million | -18.22% | 3.85x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $167.02 Million | -0.80% | 0.03x | $397.54 Million |
About Alturas Minerals Corp
Alturas Minerals Corp., together with its subsidiaries, focuses on the exploration and development of mineral properties in Peru and Chile. It explores for copper-gold porphyry/skarn deposits and epithermal gold mineralized deposits. The company's projects include Resguardo Copper-Gold Project located in northeast of Copiapó, northern Chile; and Copperlode Property. The company is based in Toront… Read more