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 (≈ $1.23 Million USD) 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 ≈ $1.37 Million USD) and total liabilities (CA$187.04K ≈ $135.30K 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 Bathurst Metals Corp tangible equity quality to evaluate the tangible quality of the company's equity base.
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. See BMV defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see market cap of Bathurst Metals Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | CA$1.75 Million ≈ $1.27 Million |
+11.76% |
| 2024-09-30 | CA$1.57 Million ≈ $1.13 Million |
+40.09% |
| 2023-09-30 | CA$1.12 Million ≈ $809.14K |
+121.82% |
| 2022-09-30 | CA$504.27K ≈ $364.78K |
+37.84% |
| 2021-09-30 | CA$365.84K ≈ $264.64K |
+921.48% |
| 2020-09-30 | CA$35.81K ≈ $25.91K |
+103.89% |
| 2019-09-30 | CA$-920.20K ≈ $-665.66K |
+37.69% |
| 2018-09-30 | CA$-1.48 Million ≈ $-1.07 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 |
|---|---|
|
Tristel
LSE:TSTL
|
$2.25 Million |
|
The Income & Growth VCT
LSE:IGV
|
$2.25 Million |
|
SKIL Infrastructure Limited
NSE:SKIL
|
$2.25 Million |
|
Augmentum Fintech PLC
LSE:AUGM
|
$2.25 Million |
|
CrownHaitai Holdings Co Ltd Preference Shares
KO:005745
|
$2.25 Million |
|
Gibui Holdings Ltd
TA:GIBUI
|
$2.25 Million |
|
Appulse Corp
V:APL
|
$2.24 Million |
|
Ranplan Group
ST:RPLAN
|
$2.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bathurst Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,566,928 to 1,751,195, a change of 184,267 (11.8%).
- Net loss of 384,713 reduced equity.
- New share issuances of 350,750 increased equity.
- Other factors increased equity by 218,230.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-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: 1.77x
- 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$0.08 | x |
| 2019-09-30 | CA$-0.03 | CA$0.08 | x |
| 2020-09-30 | CA$0.00 | CA$0.08 | x |
| 2021-09-30 | CA$0.01 | CA$0.08 | x |
| 2022-09-30 | CA$0.02 | CA$0.08 | x |
| 2023-09-30 | CA$0.04 | CA$0.08 | x |
| 2024-09-30 | CA$0.05 | CA$0.08 | x |
| 2025-09-30 | CA$0.04 | CA$0.08 | 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: $2,278,129
- Average return on equity (ROE) among peers: -49.70%
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 | $2.25 Million |
| Aftermath Silver Ltd (AAG) | $-1.02 Million | 0.00% | 0.00x | $195.23 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $42.41 Million |
| Arbor Metals Corp (ABR) | $153.43K | -30.35% | 0.39x | $8.19 Million |
| Asiabasemetals Inc (ABZ) | $-251.39K | 0.00% | 0.00x | $3.63 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $66.13 Million |
| Alphamin Res (AFM) | $159.81K | -280.73% | 0.49x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $138.33 Million |
| Amarc Resources Ltd. (AHR) | $7.22 Million | -119.49% | 0.12x | $159.74 Million |
| Almonty Industries Inc (AII) | $21.18 Million | 0.00% | 0.48x | $5.33 Billion |
| Aldebaran Resources Inc (ALDE) | $-13.79 Million | 0.00% | 0.00x | $425.46 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