European Electric Metals Inc

V:EVX Canada Other Industrial Metals & Mining
Market Cap
$9.11 Million
CA$13.08 Million CAD
Market Cap Rank
#29018 Global
#174 in Canada
Share Price
CA$0.26
Change (1 day)
+0.00%
52-Week Range
CA$0.24 - CA$0.48
All Time High
CA$21.50
About

Canadian Goldfields Discovery Corp., an exploration stage company, engages in the identification, acquisition, and exploration of natural resource properties. The company was formerly known as European Electric Metals Inc. and changed its name to Canadian Goldfields Discovery Corp. in January 2026. Canadian Goldfields Discovery Corp. was incorporated in 2006 and is headquartered in Vancouver, Can… Read more

European Electric Metals Inc (EVX) - Net Assets

Latest net assets as of October 2025: CA$-120.70K CAD

Based on the latest financial reports, European Electric Metals Inc (EVX) has net assets worth CA$-120.70K 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$499.53K) and total liabilities (CA$620.23K). 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$-120.70K
% of Total Assets -24.16%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change N/A
Growth Volatility 59.19

European Electric Metals Inc - Net Assets Trend (2017–2025)

This chart illustrates how European Electric Metals 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 European Electric Metals Inc (2017–2025)

The table below shows the annual net assets of European Electric Metals Inc from 2017 to 2025.

Year Net Assets Change
2025-04-30 CA$18.67K -88.85%
2024-04-30 CA$167.42K -65.09%
2023-04-30 CA$479.63K +131.61%
2022-04-30 CA$-1.52 Million -0.10%
2021-04-30 CA$-1.52 Million +4.92%
2020-04-30 CA$-1.59 Million -56.30%
2019-04-30 CA$-1.02 Million -200.83%
2018-04-30 CA$1.01 Million +108.56%
2017-04-30 CA$-11.82 Million --

Equity Component Analysis

This analysis shows how different components contribute to European Electric Metals 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 183808500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (April 2025)

Component Amount Percentage
Other Components CA$54.83 Million 293725.44%
Total Equity CA$18.67K 100.00%

European Electric Metals Inc Competitors by Market Cap

The table below lists competitors of European Electric Metals Inc ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 167,417 to 18,668, a change of -148,749 (-88.8%).
  • Net loss of 148,749 reduced equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$-148.75K -796.81%
Total Change CA$- -88.85%

Book Value vs Market Value Analysis

This analysis compares European Electric Metals 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: 700.60x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-04-30 CA$-10.31 CA$0.26 x
2018-04-30 CA$0.24 CA$0.26 x
2019-04-30 CA$-0.24 CA$0.26 x
2020-04-30 CA$-0.37 CA$0.26 x
2021-04-30 CA$-0.29 CA$0.26 x
2022-04-30 CA$-0.29 CA$0.26 x
2023-04-30 CA$0.01 CA$0.26 x
2024-04-30 CA$0.00 CA$0.26 x
2025-04-30 CA$0.00 CA$0.26 x

Capital Efficiency Dashboard

This dashboard shows how efficiently European Electric Metals 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): -796.81%
  • 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: 27.87x
  • Recent ROE (-796.81%) is below the historical average (-51.47%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2017 0.00% 0.00% 0.00x 0.00x CA$-203.98K
2018 570.16% 0.00% 0.00x 1.67x CA$5.67 Million
2019 0.00% 0.00% 0.00x 0.00x CA$-2.59 Million
2020 0.00% 0.00% 0.00x 0.00x CA$-414.89K
2021 0.00% 0.00% 0.00x 0.00x CA$-265.58K
2022 0.00% 0.00% 0.00x 0.00x CA$150.23K
2023 -50.05% 0.00% 0.00x 1.64x CA$-288.02K
2024 -186.49% 0.00% 0.00x 3.32x CA$-328.96K
2025 -796.81% 0.00% 0.00x 27.87x CA$-150.62K

Industry Comparison

This section compares European Electric Metals Inc'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
European Electric Metals Inc (EVX) CA$-120.70K 0.00% N/A $8.94 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