Borealis Mining Company Limited
Borealis Mining Company Limited engages in the acquisition and exploration of mineral properties in the United States. The company explores for gold and silver deposits. It holds a 100% interest in the Borealis project that includes 815 unpatented mining claims covering an area of approximately 16,900 acres and one unpatented mill site claim covering an area of 5 acres located in western Nevada. … Read more
Borealis Mining Company Limited (BOGO) - Net Assets
Latest net assets as of October 2025: CA$3.97 Million CAD
Based on the latest financial reports, Borealis Mining Company Limited (BOGO) has net assets worth CA$3.97 Million CAD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$15.60 Million) and total liabilities (CA$11.63 Million). 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$3.97 Million |
| % of Total Assets | 25.46% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Borealis Mining Company Limited - Net Assets Trend (2023–2025)
This chart illustrates how Borealis Mining Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Borealis Mining Company Limited (2023–2025)
The table below shows the annual net assets of Borealis Mining Company Limited from 2023 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | CA$-2.82 Million | +28.94% |
| 2024-07-31 | CA$-3.97 Million | +72.67% |
| 2023-07-31 | CA$-14.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Borealis Mining Company Limited'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 2099221100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$34.52 Million | % |
| Total Equity | CA$-2.82 Million | 100.00% |
Borealis Mining Company Limited Competitors by Market Cap
The table below lists competitors of Borealis Mining Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FORTINOVA FASTIGH. B O.N.
F:733
|
$96.17 Million |
|
PB Financial Corporation
OTCQX:PBNC
|
$96.18 Million |
|
ForFarmers N.V.
PINK:FRFBF
|
$96.19 Million |
|
Newonder Special Electric Co.Ltd
SHE:301120
|
$96.20 Million |
|
Thaitheparos Public Company Limited
BK:SAUCE
|
$96.04 Million |
|
MM Forgings Limited
NSE:MMFL
|
$96.02 Million |
|
Hi-Tech Pipes Limited
NSE:HITECH
|
$95.99 Million |
|
Rafael Microelectronics
TWO:6568
|
$95.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Borealis Mining Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -3,967,228 to -2,818,923, a change of 1,148,305.
- Net loss of 14,872,323 reduced equity.
- New share issuances of 6,973,989 increased equity.
- Other factors increased equity by 9,046,639.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-14.87 Million | -527.59% |
| Share Issuances | CA$6.97 Million | +247.4% |
| Other Changes | CA$9.05 Million | +320.93% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Borealis Mining Company Limited'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-07-31 | CA$-0.17 | CA$1.41 | x |
| 2024-07-31 | CA$-0.05 | CA$1.41 | x |
| 2025-07-31 | CA$-0.02 | CA$1.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Borealis Mining Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -393.24%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2024 | 0.00% | -614.72% | 0.14x | 0.00x | CA$-5.72 Million |
| 2025 | 0.00% | -393.24% | 0.42x | 0.00x | CA$-14.59 Million |
Industry Comparison
This section compares Borealis Mining Company Limited'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: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Borealis Mining Company Limited (BOGO) | CA$3.97 Million | 0.00% | 2.93x | $96.07 Million |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |