Bathurst Metals Corp (BMV) - Net Assets
Based on the latest financial reports, Bathurst Metals Corp (BMV) has net assets worth CA$1.70 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$1.89 Million) and total liabilities (CA$187.04K). 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$1.70 Million |
| % of Total Assets | 90.09% |
| Annual Growth Rate | N/A |
| 5-Year Change | 378.68% |
| 10-Year Change | N/A |
| Growth Volatility | 349.4 |
Bathurst Metals Corp - Net Assets Trend (2018–2025)
This chart illustrates how Bathurst Metals 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 Bathurst Metals Corp (2018–2025)
The table below shows the annual net assets of Bathurst Metals Corp from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | CA$1.75 Million | +11.76% |
| 2024-09-30 | CA$1.57 Million | +40.09% |
| 2023-09-30 | CA$1.12 Million | +121.82% |
| 2022-09-30 | CA$504.27K | +37.84% |
| 2021-09-30 | CA$365.84K | +921.48% |
| 2020-09-30 | CA$35.81K | +103.89% |
| 2019-09-30 | CA$-920.20K | +37.69% |
| 2018-09-30 | CA$-1.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bathurst Metals 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 181018700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$13.46 Million | 768.83% |
| Total Equity | CA$1.75 Million | 100.00% |
Bathurst Metals Corp Competitors by Market Cap
The table below lists competitors of Bathurst Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pacific Resources Limited
AU:PXR
|
$2.55 Million |
|
Ankit Metal & Power Limited
NSE:ANKITMETAL
|
$2.55 Million |
|
Engineer Gold Mines Ltd
V:EAU
|
$2.55 Million |
|
CN Energy Group Inc
NASDAQ:CNEY
|
$2.55 Million |
|
Mountain Boy Minerals Ltd
V:MTB
|
$2.55 Million |
|
Onix Capital Tbk
JK:OCAP
|
$2.55 Million |
|
GECI International SA
PA:ALGEC
|
$2.54 Million |
|
INFINITII AI INC.
F:Y31
|
$2.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bathurst Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,566,928 to 1,751,195, a change of 184,267 (11.8%).
- Net loss of 384,713 reduced equity.
- New share issuances of 350,750 increased equity.
- Other factors increased equity by 218,230.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-384.71K | -21.97% |
| Share Issuances | CA$350.75K | +20.03% |
| Other Changes | CA$218.23K | +12.46% |
| Total Change | CA$- | 11.76% |
Book Value vs Market Value Analysis
This analysis compares Bathurst Metals 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: 2.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-09-30 | CA$-0.06 | CA$0.09 | x |
| 2019-09-30 | CA$-0.03 | CA$0.09 | x |
| 2020-09-30 | CA$0.00 | CA$0.09 | x |
| 2021-09-30 | CA$0.01 | CA$0.09 | x |
| 2022-09-30 | CA$0.02 | CA$0.09 | x |
| 2023-09-30 | CA$0.04 | CA$0.09 | x |
| 2024-09-30 | CA$0.05 | CA$0.09 | x |
| 2025-09-30 | CA$0.04 | CA$0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bathurst Metals 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): -21.97%
- 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: 1.16x
- Recent ROE (-21.97%) is above the historical average (-109.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$132.80K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$648.55K |
| 2020 | -481.90% | 0.00% | 0.00x | 5.89x | CA$-176.17K |
| 2021 | -262.31% | 0.00% | 0.00x | 1.83x | CA$-996.24K |
| 2022 | -79.01% | 0.00% | 0.00x | 1.30x | CA$-448.86K |
| 2023 | -12.78% | 0.00% | 0.00x | 1.18x | CA$-254.79K |
| 2024 | -19.68% | 0.00% | 0.00x | 1.26x | CA$-465.08K |
| 2025 | -21.97% | 0.00% | 0.00x | 1.16x | CA$-559.83K |
Industry Comparison
This section compares Bathurst Metals 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: $-404,510
- Average return on equity (ROE) among peers: 31.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bathurst Metals Corp (BMV) | CA$1.70 Million | 0.00% | 0.11x | $2.55 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 |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $148.73 Million |
About Bathurst Metals Corp
Bathurst Metals Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores gold, silver, copper, nickel, cobalt, platinum, and palladium deposits. The company was formerly known as Pacific Cascade Minerals Inc. and changed its name to Bathurst Metals Corp. in August 2020. The company was incorporated in 2006… Read more