Axo Copper Corp
Axo Copper Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of resource properties. The company explores for copper and other base metals. It holds 100% interest in the La Huerta project that consists of Los Juanes and La Gallina concessions, which covers an area of approximately 11,331.1 hectares located in the state of Jalisco, Mexico. The company wa… Read more
Axo Copper Corp (AXO) - Net Assets
Latest net assets as of December 2025: CA$23.04 Million CAD
Based on the latest financial reports, Axo Copper Corp (AXO) has net assets worth CA$23.04 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$24.04 Million) and total liabilities (CA$996.50K). 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$23.04 Million |
| % of Total Assets | 95.85% |
| Annual Growth Rate | 1232.08% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6993.25 |
Axo Copper Corp - Net Assets Trend (2022–2024)
This chart illustrates how Axo Copper 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 Axo Copper Corp (2022–2024)
The table below shows the annual net assets of Axo Copper Corp from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$14.25 Million | +26.18% |
| 2023-06-30 | CA$11.29 Million | +14012.67% |
| 2022-06-30 | CA$80.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Axo Copper 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 45078700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$14.70 Million | 103.16% |
| Total Equity | CA$14.25 Million | 100.00% |
Axo Copper Corp Competitors by Market Cap
The table below lists competitors of Axo Copper Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Innowireless Co. Ltd
KQ:073490
|
$117.11 Million |
|
Acme Electronics
TWO:8121
|
$117.18 Million |
|
Sillo Maritime Perdana Tbk PT
JK:SHIP
|
$117.22 Million |
|
Namuga Co. Ltd
KQ:190510
|
$117.30 Million |
|
Qurate Retail Inc Series A
NASDAQ:QRTEA
|
$117.08 Million |
|
Lumina Gold Corp
OTCQX:LMGDF
|
$117.02 Million |
|
Alvopetro Energy Ltd
OTCQX:ALVOF
|
$117.02 Million |
|
Secureworks Corp
NASDAQ:SCWX
|
$116.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Axo Copper Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,290,138 to 14,245,903, a change of 2,955,765 (26.2%).
- Net loss of 360,602 reduced equity.
- New share issuances of 2,548,000 increased equity.
- Other factors increased equity by 768,367.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-360.60K | -2.53% |
| Share Issuances | CA$2.55 Million | +17.89% |
| Other Changes | CA$768.37K | +5.39% |
| Total Change | CA$- | 26.18% |
Book Value vs Market Value Analysis
This analysis compares Axo Copper 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: 6.53x
- 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 decreased from 1162.23x to 6.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | CA$0.00 | CA$0.85 | x |
| 2023-06-30 | CA$0.10 | CA$0.85 | x |
| 2024-06-30 | CA$0.13 | CA$0.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Axo Copper Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.04x
- Recent ROE (-2.53%) is below the historical average (-1.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -0.80% | 0.00% | 0.00x | 1.16x | CA$-1.22 Million |
| 2024 | -2.53% | 0.00% | 0.00x | 1.04x | CA$-1.79 Million |
Industry Comparison
This section compares Axo Copper Corp's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $4,620,440
- Average return on equity (ROE) among peers: -65.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Axo Copper Corp (AXO) | CA$23.04 Million | -0.80% | 0.04x | $117.09 Million |
| Aranjin Resources Ltd (ARJN) | $1.99 Million | -52.54% | 1.43x | $607.03K |
| Capstone Mining Corp (CS) | $44.08K | -158.72% | 3.74x | $5.34 Billion |
| Faraday Copper Corp. (FDY) | $12.53 Million | -100.42% | 0.01x | $334.53 Million |
| Transforma Resources Corp (TFM) | $-941.49K | 0.00% | 0.00x | $341.87K |
| T2 Metals Corp. (TWO) | $1.98 Million | -20.45% | 0.31x | $14.53 Million |
| XXIX Metal Corp. (XXIX) | $12.12 Million | -60.41% | 0.02x | $27.77 Million |