Empire Metals Corp (EP) - Net Assets

Latest as of June 2025: CA$1.75 Million CAD ≈ $1.27 Million USD

Based on the latest financial reports, Empire Metals Corp (EP) has net assets worth CA$1.75 Million CAD (≈ $1.27 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.44 Million ≈ $2.49 Million USD) and total liabilities (CA$1.69 Million ≈ $1.22 Million 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 Empire Metals Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$1.75 Million
% of Total Assets 50.88%
Annual Growth Rate -3.03%
5-Year Change -70.48%
10-Year Change 41.23%
Growth Volatility 44.36

Empire Metals Corp - Net Assets Trend (2013–2024)

This chart illustrates how Empire Metals Corp's net assets have evolved over time, based on quarterly financial data. Also explore Empire Metals Corp (EP) total assets for the complete picture of this company's asset base.

Annual Net Assets for Empire Metals Corp (2013–2024)

The table below shows the annual net assets of Empire Metals Corp from 2013 to 2024. For live valuation and market cap data, see EP market cap.

Year Net Assets Change
2024-12-31 CA$1.37 Million
≈ $993.47K		 +16.74%
2023-12-31 CA$1.18 Million
≈ $851.02K		 -46.68%
2022-12-31 CA$2.21 Million
≈ $1.60 Million		 -44.35%
2021-12-31 CA$3.96 Million
≈ $2.87 Million		 -14.79%
2020-12-31 CA$4.65 Million
≈ $3.37 Million		 -0.49%
2019-12-31 CA$4.68 Million
≈ $3.38 Million		 +9.66%
2018-12-31 CA$4.26 Million
≈ $3.08 Million		 +92.41%
2017-12-31 CA$2.22 Million
≈ $1.60 Million		 +29.65%
2016-12-31 CA$1.71 Million
≈ $1.24 Million		 +75.77%
2015-12-31 CA$972.45K
≈ $703.45K		 -45.56%
2014-12-31 CA$1.79 Million
≈ $1.29 Million		 -7.27%
2013-12-31 CA$1.93 Million
≈ $1.39 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Empire 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 1136474200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CA$27.53 Million 2004.27%
Total Equity CA$1.37 Million 100.00%

Empire Metals Corp Competitors by Market Cap

The table below lists competitors of Empire Metals Corp ranked by their market capitalization.

Company Market Cap
Mirasol Resources Ltd
V:MRZ
 $20.18 Million
Critical Resources Ltd
AU:CRR
 $20.18 Million
Wellchange Holdings Company Limited
NASDAQ:WCT
 $20.19 Million
Impedimed Ltd
AU:IPD
 $20.20 Million
LS telcom AG
XETRA:LSX
 $20.16 Million
Aston Minerals Ltd
AU:ASO
 $20.16 Million
SE-Education Public Company Limited
BK:SE-ED
 $20.16 Million
PT Cahayasakti Investindo Sukses Tbk
JK:CSIS
 $20.16 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Empire Metals Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,176,440 to 1,373,367, a change of 196,927 (16.7%).
  • Net loss of 682,843 reduced equity.
  • New share issuances of 900,000 increased equity.
  • Other factors decreased equity by 20,230.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-682.84K -49.72%
Share Issuances CA$900.00K +65.53%
Other Changes CA$-20.23K -1.47%
Total Change CA$- 16.74%

Book Value vs Market Value Analysis

This analysis compares Empire 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: 22.43x
  • 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 5.28x to 22.43x 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$0.05 CA$0.24 x
2018-12-31 CA$0.06 CA$0.24 x
2019-12-31 CA$0.06 CA$0.24 x
2020-12-31 CA$0.05 CA$0.24 x
2021-12-31 CA$0.04 CA$0.24 x
2022-12-31 CA$0.02 CA$0.24 x
2023-12-31 CA$0.01 CA$0.24 x
2024-12-31 CA$0.01 CA$0.24 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Empire 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): -49.72%
  • 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: 2.61x
  • Recent ROE (-49.72%) is below the historical average (-48.88%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 -37.82% 0.00% 0.00x 1.39x CA$-921.12K
2014 -20.10% 0.00% 0.00x 1.74x CA$-537.71K
2015 -115.16% 0.00% 0.00x 2.78x CA$-1.22 Million
2016 -36.33% 0.00% 0.00x 1.94x CA$-791.81K
2017 -39.60% 0.00% 0.00x 1.85x CA$-1.10 Million
2018 -32.32% 0.00% 0.00x 1.44x CA$-1.80 Million
2019 -7.01% 0.00% 0.00x 1.31x CA$-795.38K
2020 -46.28% 0.00% 0.00x 1.20x CA$-2.62 Million
2021 -23.13% 0.00% 0.00x 1.22x CA$-1.31 Million
2022 -79.71% 0.00% 0.00x 1.49x CA$-1.98 Million
2023 -99.43% 0.00% 0.00x 2.47x CA$-1.29 Million
2024 -49.72% 0.00% 0.00x 2.61x CA$-820.18K

Industry Comparison

This section compares Empire 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: $49,314,810
  • Average return on equity (ROE) among peers: -11.56%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Empire Metals Corp (EP) CA$1.75 Million -37.82% 0.97x $20.16 Million
Aftermath Silver Ltd (AAG) $-553.41K 0.00% 0.00x $185.75 Million
Aton Resources Inc (AAN) $-1.13 Million 0.00% 0.00x $49.79 Million
Arbor Metals Corp (ABR) $1.00 Million -16.27% 0.02x $10.75 Million
Asiabasemetals Inc (ABZ) $717.72K -45.73% 0.05x $4.67 Million
Adex Mining Inc (ADE) $-30.95 Million 0.00% 0.00x $27.09 Million
Alphamin Res (AFM) $367.40 Million 27.47% 0.33x $1.30 Billion
Silver X Mining Corp (AGX) $38.37 Million -47.47% 0.73x $148.73 Million
Amarc Resources Ltd. (AHR) $14.00 Million 5.93% 0.01x $148.33 Million
Almonty Industries Inc (AII) $39.75 Million -36.45% 3.85x $4.73 Billion
Aldebaran Resources Inc (ALDE) $64.54 Million -3.09% 0.01x $332.39 Million

About Empire Metals Corp

V:EP Canada Other Industrial Metals & Mining
Market Cap
$25.93 Million
CA$35.84 Million CAD
Market Cap Rank
#25006 Global
#980 in Canada
Share Price
CA$0.24
Change (1 day)
-17.24%
52-Week Range
CA$0.05 - CA$0.30
All Time High
CA$0.34
Categories
Companies in Canada Other Industrial Metals & Mining
About

Empire Metals Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for lithium, potassium, boron, bromine, magnesium, platinum, palladium, graphite, nickel, and gold. The company holds 100% interests in the Buck Lake project and Gwyn Lake gold property located in Thunder Bay, Ontario; a 30% interest in the Beardmore gold property located in O… Read more