CopperEx Resources Corporation
CopperEx Resources Corporation operates as a copper and gold exploration company in Chile and Peru. It holds 100% interests in the Kio Buggy property covering an area of 5,325 hectares located in the region of Antofagasta, Chile; and La Rica property that includes 23 constituted mining concessions covering an area of 17,700 hectares situated in the Apurimac Province, Peru. The company is based in… Read more
CopperEx Resources Corporation (CUEX) - Net Assets
Latest net assets as of June 2024: CA$11.49 Million CAD
Based on the latest financial reports, CopperEx Resources Corporation (CUEX) has net assets worth CA$11.49 Million CAD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$11.77 Million) and total liabilities (CA$286.39K). 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$11.49 Million |
| % of Total Assets | 97.57% |
| Annual Growth Rate | 13.03% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 17.04 |
CopperEx Resources Corporation - Net Assets Trend (2020–2022)
This chart illustrates how CopperEx Resources Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CopperEx Resources Corporation (2020–2022)
The table below shows the annual net assets of CopperEx Resources Corporation from 2020 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | CA$873.16K | -2.74% |
| 2021-12-31 | CA$897.79K | +31.34% |
| 2020-12-31 | CA$683.54K | -- |
Equity Component Analysis
This analysis shows how different components contribute to CopperEx Resources Corporation'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 9871900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$1.13 Million | 129.42% |
| Total Equity | CA$873.16K | 100.00% |
CopperEx Resources Corporation Competitors by Market Cap
The table below lists competitors of CopperEx Resources Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Highway 50 Gold Corp
PINK:HGGCF
|
$1.85 Million |
|
First High-School Education Group Co Ltd
PINK:FHSEY
|
$1.86 Million |
|
Premier African Minerals Limited
PINK:PRMMF
|
$1.86 Million |
|
SANCUS LENDING GROUP LTD.
F:97F
|
$1.86 Million |
|
Kanani Industries Limited
NSE:KANANIIND
|
$1.85 Million |
|
Nakoda Group of Industries Limited
NSE:NGIL
|
$1.85 Million |
|
Interpace Biosciences Inc
OTCQX:IDXG
|
$1.85 Million |
|
Tactical Resources Corp.
PINK:USREF
|
$1.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CopperEx Resources Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 897,794 to 873,157, a change of -24,637 (-2.7%).
- Net loss of 24,637 reduced equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-24.64K | -2.82% |
| Total Change | CA$- | -2.74% |
Book Value vs Market Value Analysis
This analysis compares CopperEx Resources Corporation'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: 0.65x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.83x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CA$0.13 | CA$0.11 | x |
| 2021-12-31 | CA$0.17 | CA$0.11 | x |
| 2022-12-31 | CA$0.16 | CA$0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CopperEx Resources Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-2.82%) is above the historical average (-5.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -8.25% | 0.00% | 0.00x | 1.14x | CA$-163.86K |
| 2022 | -2.82% | 0.00% | 0.00x | 1.03x | CA$-111.95K |
Industry Comparison
This section compares CopperEx Resources Corporation'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: $35,774,979
- Average return on equity (ROE) among peers: -75.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CopperEx Resources Corporation (CUEX) | CA$11.49 Million | -8.25% | 0.02x | $1.85 Million |
| Asbestos Corporation Limited (AB-H) | $-20.76 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-637.51K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $365.51 Million | 12.92% | 0.41x | $422.81 Million |
| African Metals Corporation (AFR) | $2.08 Million | 45.81% | 0.09x | $701.76K |
| Bullet Exploration Inc (AMMO) | $1.26 Million | -8.63% | 0.04x | $3.15 Million |
| AM Resources Corp (AMR) | $462.09K | -341.82% | 1.78x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $2.00 Million | -444.37% | 0.10x | $91.10 Million |
| Auriginal Mining Corp. (AUME) | $9.81 Million | -17.73% | 0.25x | $5.68 Million |
| Aurora Royalties Inc (AUR-H) | $-29.57K | 0.00% | 0.00x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.95 Million | 0.00% | 0.00x | $375.18K |