Americore Resources Corp. (AMCO) - Net Assets
Based on the latest financial reports, Americore Resources Corp. (AMCO) has net assets worth CA$292.19K CAD (≈ $211.37K 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$402.30K ≈ $291.02K USD) and total liabilities (CA$110.11K ≈ $79.65K 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. Read AMCO liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$292.19K |
| % of Total Assets | 72.63% |
| Annual Growth Rate | -90.4% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 45.37 |
Americore Resources Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Americore Resources Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore AMCO asset base for the complete picture of this company's asset base.
Annual Net Assets for Americore Resources Corp. (2021–2024)
The table below shows the annual net assets of Americore Resources Corp. from 2021 to 2024. For live valuation and market cap data, see market cap of Americore Resources Corp..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$7.17K ≈ $5.19K |
-99.89% |
| 2023-12-31 | CA$6.59 Million ≈ $4.76 Million |
-25.33% |
| 2022-12-31 | CA$8.82 Million ≈ $6.38 Million |
+8.75% |
| 2021-12-31 | CA$8.11 Million ≈ $5.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Americore Resources 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 1090856000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$20.09 Million | 9105.48% |
| Total Equity | CA$220.63K | 100.00% |
Americore Resources Corp. Competitors by Market Cap
The table below lists competitors of Americore Resources Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vital Energy Inc
V:VUX
|
$7.48 Million |
|
Mcnally Bharat Engineering Company Limited
NSE:MBECL
|
$7.48 Million |
|
Lombard et Medot SA
PA:MLCAC
|
$7.48 Million |
|
Teuza A Fairchild Technology Venture Ltd
TA:TUZA
|
$7.48 Million |
|
Fidelity Emerging Markets Ord
LSE:FEML
|
$7.47 Million |
|
Image Systems AB
ST:IS
|
$7.47 Million |
|
Robogroup
TA:ROBO
|
$7.45 Million |
|
Corazon Mining Ltd
AU:CZN
|
$7.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Americore Resources Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,796,944 to 220,633, a change of -6,576,311 (-96.8%).
- Net loss of 6,676,311 reduced equity.
- New share issuances of 100,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-6.68 Million | -3025.98% |
| Share Issuances | CA$100.00K | +45.32% |
| Total Change | CA$- | -96.75% |
Book Value vs Market Value Analysis
This analysis compares Americore Resources 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: 25.56x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.37x to 25.56x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$1.47 | CA$0.54 | x |
| 2022-12-31 | CA$0.96 | CA$0.54 | x |
| 2023-12-31 | CA$0.75 | CA$0.54 | x |
| 2024-12-31 | CA$0.02 | CA$0.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Americore Resources Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3025.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.32x
- Recent ROE (-3025.98%) is below the historical average (-781.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -43.42% | 0.00% | 0.00x | 1.02x | CA$-4.33 Million |
| 2022 | -30.51% | 0.00% | 0.00x | 1.08x | CA$-3.40 Million |
| 2023 | -25.82% | 0.00% | 0.00x | 0.98x | CA$-2.43 Million |
| 2024 | -3025.98% | 0.00% | 0.00x | 0.32x | CA$-6.70 Million |
Industry Comparison
This section compares Americore Resources Corp.'s net assets metrics with peer companies in the Silver industry.
Industry Context
- Industry: Silver
- Average net assets among peers: $21,450,544
- Average return on equity (ROE) among peers: -14.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Americore Resources Corp. (AMCO) | CA$292.19K | -43.42% | 0.38x | $7.47 Million |
| Silver Mountain Resources Inc (AGMR) | $25.12 Million | -20.95% | 0.10x | $158.25 Million |
| Apollo Silver Corp (APGO) | $6.20 Million | -25.19% | 0.02x | $136.66 Million |
| Aya Gold & Silver Inc (AYA) | $140.00 Million | -0.22% | 0.15x | $2.57 Billion |
| Hercules Metals Corp. (BIG) | $239.10K | -17.19% | 0.13x | $129.75 Million |
| Bunker Hill Mining Corp. (BNKR) | $-56.07 Million | 0.00% | 0.00x | $307.44 Million |
| Dolly Varden Silver Corporation (DV) | $12.26 Million | -39.21% | 0.09x | $247.21 Million |
| Endeavour Silver Corp. (EDR) | $55.95 Million | -6.36% | 0.12x | $2.67 Billion |
| Excellon Resources Inc. (EXN) | $-620.09K | 0.00% | 0.00x | $12.37 Million |
| Guanajuato Silver Company Ltd (GSVR) | $9.97 Million | -22.08% | 0.03x | $317.06 Million |
About Americore Resources Corp.
Americore Resources Corp. engages in the acquisition, exploration, and development of mineral interests in Canada and the United States. It explores for gold, silver, vanadium, lithium, and uranium deposits. The Company's primary asset is the Trinity Silver Project, which covers approximately 14,523 acres of owned and leased land located in Pershing County, Nevada. The company was formerly known … Read more