Conquest Resources Ltd
Conquest Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in northern Ontario. The company explores for gold, copper, nickel, lithium, uranium, and other precious and base metals. Its flagship property is the Belfast- TeckMag property that includes 1,390 mining claim cells and 5 mining leases located in the Temagami M… Read more
Conquest Resources Ltd (CQR) - Net Assets
Latest net assets as of September 2025: CA$844.15K CAD
Based on the latest financial reports, Conquest Resources Ltd (CQR) has net assets worth CA$844.15K CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$925.79K) and total liabilities (CA$81.65K). 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$844.15K |
| % of Total Assets | 91.18% |
| Annual Growth Rate | -16.59% |
| 5-Year Change | -80.43% |
| 10-Year Change | 481.91% |
| Growth Volatility | 1227.33 |
Conquest Resources Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Conquest Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Conquest Resources Ltd (2013–2024)
The table below shows the annual net assets of Conquest Resources Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$928.10K | -42.73% |
| 2023-12-31 | CA$1.62 Million | +40.20% |
| 2022-12-31 | CA$1.16 Million | -33.73% |
| 2021-12-31 | CA$1.74 Million | -63.23% |
| 2020-12-31 | CA$4.74 Million | +752.24% |
| 2019-12-31 | CA$556.60K | -7.30% |
| 2018-12-31 | CA$600.45K | -5.96% |
| 2017-12-31 | CA$638.53K | +4234.89% |
| 2016-12-31 | CA$14.73K | -90.76% |
| 2015-12-31 | CA$159.49K | -46.48% |
| 2014-12-31 | CA$298.00K | -95.63% |
| 2013-12-31 | CA$6.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Conquest Resources Ltd'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 1621447900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$24.97 Million | 2690.39% |
| Total Equity | CA$928.10K | 100.00% |
Conquest Resources Ltd Competitors by Market Cap
The table below lists competitors of Conquest Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sierra Nevada Gold Inc
AU:SNX
|
$4.27 Million |
|
Mitra International Resources
JK:MIRA
|
$4.27 Million |
|
Curro Hol
JSE:COH
|
$4.28 Million |
|
Sirakorn PCL
BK:SK
|
$4.28 Million |
|
RPCG PCL F
F:R4Q
|
$4.27 Million |
|
RPCG PCL -NVDR- BA 1
F:W8M1
|
$4.27 Million |
|
Kumpulan H & L High-Tech Bhd
KLSE:7033
|
$4.27 Million |
|
MainStreetChamber Holdings Inc.
PINK:MSCH
|
$4.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Conquest Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,620,624 to 928,101, a change of -692,523 (-42.7%).
- Net loss of 828,712 reduced equity.
- Other factors increased equity by 136,189.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-828.71K | -89.29% |
| Other Changes | CA$136.19K | +14.67% |
| Total Change | CA$- | -42.73% |
Book Value vs Market Value Analysis
This analysis compares Conquest Resources Ltd'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: 7.30x
- 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 3.47x to 7.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.01 | CA$0.05 | x |
| 2018-12-31 | CA$0.01 | CA$0.05 | x |
| 2019-12-31 | CA$0.01 | CA$0.05 | x |
| 2020-12-31 | CA$0.04 | CA$0.05 | x |
| 2021-12-31 | CA$0.01 | CA$0.05 | x |
| 2022-12-31 | CA$0.01 | CA$0.05 | x |
| 2023-12-31 | CA$0.01 | CA$0.05 | x |
| 2024-12-31 | CA$0.01 | CA$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Conquest Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -89.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.16x
- Recent ROE (-89.29%) is above the historical average (-136.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -12.48% | 0.00% | 0.00x | 1.14x | CA$-1.53 Million |
| 2014 | 73.15% | 0.00% | 0.00x | 1.24x | CA$188.20K |
| 2015 | -108.45% | 0.00% | 0.00x | 1.51x | CA$-188.92K |
| 2016 | -982.76% | 0.00% | 0.00x | 4.55x | CA$-146.23K |
| 2017 | -26.65% | 0.00% | 0.00x | 1.36x | CA$-234.05K |
| 2018 | -73.29% | 0.00% | 0.00x | 1.12x | CA$-500.12K |
| 2019 | -38.53% | 0.00% | 0.00x | 1.59x | CA$-270.10K |
| 2020 | -99.01% | 0.00% | 0.00x | 1.13x | CA$-5.17 Million |
| 2021 | -230.78% | 0.00% | 0.00x | 1.19x | CA$-4.20 Million |
| 2022 | -72.86% | 0.00% | 0.00x | 1.06x | CA$-957.78K |
| 2023 | 26.94% | 0.00% | 0.00x | 1.03x | CA$274.56K |
| 2024 | -89.29% | 0.00% | 0.00x | 1.16x | CA$-921.52K |
Industry Comparison
This section compares Conquest Resources Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,377,612
- Average return on equity (ROE) among peers: -64.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Conquest Resources Ltd (CQR) | CA$844.15K | -12.48% | 0.10x | $4.27 Million |
| Athabasca Minerals Inc (ABM) | $15.70 Million | -17.12% | 0.23x | $3.80 Million |
| AIS Resources Ltd (AIS) | $795.46K | 10.73% | 0.02x | $1.22 Million |
| Algo Grande Copper Corp. (ALGR) | $-959.40K | 0.00% | 0.00x | $7.66 Million |
| Alliance Mining Corp (ALM) | $-1.94 Million | 0.00% | 0.00x | $1.27 Million |
| Argus Metals Corp. (AML) | $-194.53K | 0.00% | 0.00x | $311.02K |
| Antler Gold Inc (ANTL) | $843.01K | -532.08% | 0.21x | $3.41 Million |
| Apogee Minerals Ltd (APMI) | $651.09K | -41.52% | 0.03x | $995.72K |
| Awale Resources Ltd (ARIC) | $9.84 Million | -8.05% | 0.14x | $36.36 Million |
| Au Gold Corp (AUGC) | $1.73 Million | -6.53% | 0.01x | $4.47 Million |
| AUX Resources Corporation (AUX) | $7.31 Million | -49.10% | 0.03x | $11.34 Million |