Blende Silver Corp (BAG) - Net Assets
Based on the latest financial reports, Blende Silver Corp (BAG) has net assets worth CA$2.44 Million CAD (≈ $1.77 Million USD) as of May 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.20 Million ≈ $2.32 Million USD) and total liabilities (CA$762.79K ≈ $551.79K 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 Blende Silver Corp (BAG) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.44 Million |
| % of Total Assets | 76.19% |
| Annual Growth Rate | 2.52% |
| 5-Year Change | 68.73% |
| 10-Year Change | N/A |
| Growth Volatility | 72.17 |
Blende Silver Corp - Net Assets Trend (2017–2024)
This chart illustrates how Blende Silver Corp's net assets have evolved over time, based on quarterly financial data. Also explore BAG total asset value for the complete picture of this company's asset base.
Annual Net Assets for Blende Silver Corp (2017–2024)
The table below shows the annual net assets of Blende Silver Corp from 2017 to 2024. For live valuation and market cap data, see how much is Blende Silver Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$2.47 Million ≈ $1.79 Million |
-2.10% |
| 2023-11-30 | CA$2.52 Million ≈ $1.82 Million |
-11.35% |
| 2022-11-30 | CA$2.85 Million ≈ $2.06 Million |
+5.98% |
| 2021-11-30 | CA$2.68 Million ≈ $1.94 Million |
+83.44% |
| 2020-11-30 | CA$1.46 Million ≈ $1.06 Million |
+166.27% |
| 2019-11-30 | CA$549.65K ≈ $397.61K |
-42.76% |
| 2018-11-30 | CA$960.19K ≈ $694.59K |
-53.73% |
| 2017-11-30 | CA$2.08 Million ≈ $1.50 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Blende Silver 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 296517400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$23.26 Million | 941.93% |
| Total Equity | CA$2.47 Million | 100.00% |
Blende Silver Corp Competitors by Market Cap
The table below lists competitors of Blende Silver Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Starhedge SA
WAR:SHG
|
$6.42 Million |
|
Hybrid Financial Services Limited
NSE:HYBRIDFIN
|
$6.42 Million |
|
Strike Resources Ltd
AU:SRK
|
$6.42 Million |
|
Trellidor Holdings Ltd
JSE:TRL
|
$6.43 Million |
|
Tambourah Metals Ltd
AU:TMB
|
$6.41 Million |
|
Horizon Petroleum Ltd
V:HPL
|
$6.40 Million |
|
Trinity Freehold & Leasehold PRP Fund
BK:TNPF
|
$6.39 Million |
|
Boku Inc
LSE:BOKU
|
$6.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blende Silver Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,522,414 to 2,469,375, a change of -53,039 (-2.1%).
- Net loss of 53,039 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-53.04K | -2.15% |
| Total Change | CA$- | -2.10% |
Book Value vs Market Value Analysis
This analysis compares Blende Silver 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: 3.59x
- 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 1.53x to 3.59x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-11-30 | CA$0.08 | CA$0.13 | x |
| 2018-11-30 | CA$0.04 | CA$0.13 | x |
| 2019-11-30 | CA$0.02 | CA$0.13 | x |
| 2020-11-30 | CA$0.03 | CA$0.13 | x |
| 2021-11-30 | CA$0.05 | CA$0.13 | x |
| 2022-11-30 | CA$0.04 | CA$0.13 | x |
| 2023-11-30 | CA$0.04 | CA$0.13 | x |
| 2024-11-30 | CA$0.03 | CA$0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blende Silver Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.29x
- Recent ROE (-2.15%) is above the historical average (-21.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -38.08% | 0.00% | 0.00x | 1.15x | CA$-997.73K |
| 2018 | 2.79% | 0.00% | 0.00x | 1.90x | CA$-69.20K |
| 2019 | -81.88% | 0.00% | 0.00x | 2.85x | CA$-505.00K |
| 2020 | -24.66% | 0.00% | 0.00x | 1.26x | CA$-507.21K |
| 2021 | -6.94% | 0.00% | 0.00x | 1.33x | CA$-454.90K |
| 2022 | -11.68% | 0.00% | 0.00x | 1.17x | CA$-616.83K |
| 2023 | -12.80% | 0.00% | 0.00x | 1.27x | CA$-575.23K |
| 2024 | -2.15% | 0.00% | 0.00x | 1.29x | CA$-299.98K |
Industry Comparison
This section compares Blende Silver 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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blende Silver Corp (BAG) | CA$2.44 Million | -38.08% | 0.31x | $6.42 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Blende Silver Corp
Blende Silver Corp., an exploration stage junior mining company, engages in the identification, acquisition, exploration, and development of mineral properties in the Yukon Territory. The company primarily explores for silver, lead, and zinc deposits. The company holds a 100% in the owned Blende property in the Mayo Mining District of the Yukon Territory. The company was formerly known as Blind C… Read more