Canadian Critical Minerals Inc.
Canadian Critical Minerals Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for copper, gold, silver, cobalt, nickel, palladium, and platinum deposits. The company holds 100% interest in Bull River Mine project located in Cranbrook, British Colombia. It also owns 9% interest in XXIX Metal Corp., which holds… Read more
Canadian Critical Minerals Inc. (CCMI) - Net Assets
Latest net assets as of February 2024: CA$7.48 Million CAD
Based on the latest financial reports, Canadian Critical Minerals Inc. (CCMI) has net assets worth CA$7.48 Million CAD as of February 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$11.82 Million) and total liabilities (CA$4.34 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$7.48 Million |
| % of Total Assets | 63.31% |
| Annual Growth Rate | 102.5% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 288.96 |
Canadian Critical Minerals Inc. - Net Assets Trend (2020–2023)
This chart illustrates how Canadian Critical Minerals Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Canadian Critical Minerals Inc. (2020–2023)
The table below shows the annual net assets of Canadian Critical Minerals Inc. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-05-31 | CA$8.39 Million | +59.24% |
| 2022-05-31 | CA$5.27 Million | -28.07% |
| 2021-05-31 | CA$7.32 Million | +623.88% |
| 2020-05-31 | CA$1.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Canadian Critical Minerals Inc.'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 1001630100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$34.91 Million | 416.33% |
| Total Equity | CA$8.39 Million | 100.00% |
Canadian Critical Minerals Inc. Competitors by Market Cap
The table below lists competitors of Canadian Critical Minerals Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Af Legal Group Ltd
AU:AFL
|
$6.70 Million |
|
BKG Viet Nam Investment JSC
VN:BKG
|
$6.70 Million |
|
Wishpond Technologies Ltd
OTCQX:WPNDF
|
$6.71 Million |
|
Barksdale Resources Corp
OTCQX:BRKCF
|
$6.71 Million |
|
Pinehill Pacific Bhd
KLSE:1902
|
$6.70 Million |
|
G Capital Bhd
KLSE:7676
|
$6.70 Million |
|
Patria Bank SA
RO:PBK
|
$6.70 Million |
|
Texchem Resources Bhd
KLSE:8702
|
$6.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canadian Critical Minerals Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 5,265,916 to 8,385,388, a change of 3,119,472 (59.2%).
- Net income of 1,453,193 contributed positively to equity growth.
- New share issuances of 1,729,691 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$1.45 Million | +17.33% |
| Share Issuances | CA$1.73 Million | +20.63% |
| Other Changes | CA$-63.41K | -0.76% |
| Total Change | CA$- | 59.24% |
Book Value vs Market Value Analysis
This analysis compares Canadian Critical Minerals Inc.'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: 1.04x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.92x to 1.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-05-31 | CA$0.01 | CA$0.04 | x |
| 2021-05-31 | CA$0.04 | CA$0.04 | x |
| 2022-05-31 | CA$0.02 | CA$0.04 | x |
| 2023-05-31 | CA$0.03 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canadian Critical Minerals Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.67x
- Recent ROE (17.33%) is above the historical average (-166.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -505.67% | 0.00% | 0.00x | 11.11x | CA$-5.21 Million |
| 2021 | -98.25% | -65342.75% | 0.00x | 2.05x | CA$-7.92 Million |
| 2022 | -81.22% | -3477413.01% | 0.00x | 2.58x | CA$-4.80 Million |
| 2023 | 17.33% | 0.00% | 0.00x | 1.67x | CA$614.65K |
Industry Comparison
This section compares Canadian Critical Minerals Inc.'s net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $5,469,623
- Average return on equity (ROE) among peers: -12.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Canadian Critical Minerals Inc. (CCMI) | CA$7.48 Million | -505.67% | 0.58x | $6.70 Million |
| AC/DC Battery Metals Inc. (ACDC) | $1.48 Million | -20.93% | 0.02x | $487.04 |
| Archon Minerals Ltd (ACS) | $-2.07 Million | 0.00% | 0.00x | $1.79 Million |
| Adamera Minerals Corp. (ADZ) | $8.20 Million | -13.43% | 0.14x | $2.99 Million |
| Argonaut Exploration Inc. (AGA) | $6.54 Million | -40.86% | 0.13x | $74.49 Million |
| Alpha Exploration Ltd (ALEX) | $15.98 Million | -2.45% | 0.05x | $19.42 Million |
| Angel Wing Metals Inc (AWM) | $9.86 Million | -19.57% | 0.07x | $2.70 Million |
| Arizona Gold & Silver Inc. (AZS) | $7.02 Million | -8.43% | 0.01x | $34.92 Million |
| Thunderbird Minerals Corp. (BIRD) | $100.00 | 0.00% | 0.00x | $539.80 |
| Bonanza Mining Corporation (BNZ) | $2.22 Million | -7.98% | 0.07x | $1.35 Million |