Fidelity Minerals Corp (FMN) - Net Assets
Based on the latest financial reports, Fidelity Minerals Corp (FMN) has net assets worth CA$6.39 Million 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$7.80 Million) and total liabilities (CA$1.42 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$6.39 Million |
| % of Total Assets | 81.84% |
| Annual Growth Rate | 13.33% |
| 5-Year Change | -5.74% |
| 10-Year Change | N/A |
| Growth Volatility | 253.02 |
Fidelity Minerals Corp - Net Assets Trend (2015–2025)
This chart illustrates how Fidelity Minerals Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fidelity Minerals Corp (2015–2025)
The table below shows the annual net assets of Fidelity Minerals Corp from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | CA$4.96 Million | -12.45% |
| 2024-07-31 | CA$5.67 Million | +9.65% |
| 2023-07-31 | CA$5.17 Million | -15.11% |
| 2022-07-31 | CA$6.09 Million | +15.66% |
| 2021-07-31 | CA$5.26 Million | +26.66% |
| 2020-07-31 | CA$4.16 Million | -3.10% |
| 2019-07-31 | CA$4.29 Million | +789.23% |
| 2018-07-31 | CA$482.22K | +67.15% |
| 2017-07-31 | CA$288.50K | +272.09% |
| 2016-07-31 | CA$-167.65K | -111.82% |
| 2015-07-31 | CA$1.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fidelity Minerals 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 1549098200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$21.86 Million | 447.77% |
| Total Equity | CA$4.88 Million | 100.00% |
Fidelity Minerals Corp Competitors by Market Cap
The table below lists competitors of Fidelity Minerals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vestand Inc.
NASDAQ:VSTD
|
$5.23 Million |
|
Vivesto AB
ST:VIVE
|
$5.23 Million |
|
I&I Group Public Company Limited
BK:IIG
|
$5.23 Million |
|
Tamilnadu Telecommunication Limited
NSE:TNTELE
|
$5.23 Million |
|
Sektkellerei J.Oppmann AG
MU:1SK
|
$5.22 Million |
|
Prophecy International Holdings Ltd
AU:PRO
|
$5.22 Million |
|
American Copper Development Corporation
F:14G
|
$5.22 Million |
|
Pipe Works L. Girakian Profil S.A.
AT:PROFK
|
$5.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fidelity Minerals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,561,422 to 4,882,306, a change of -679,116 (-12.2%).
- Net loss of 782,524 reduced equity.
- New share issuances of 98,700 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-782.52K | -16.03% |
| Share Issuances | CA$98.70K | +2.02% |
| Other Changes | CA$4.71K | +0.1% |
| Total Change | CA$- | -12.21% |
Book Value vs Market Value Analysis
This analysis compares Fidelity Minerals 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: 0.80x
- 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 3.51x to 0.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-07-31 | CA$0.05 | CA$0.18 | x |
| 2018-07-31 | CA$0.04 | CA$0.18 | x |
| 2019-07-31 | CA$0.16 | CA$0.18 | x |
| 2020-07-31 | CA$0.10 | CA$0.18 | x |
| 2021-07-31 | CA$0.09 | CA$0.18 | x |
| 2022-07-31 | CA$0.07 | CA$0.18 | x |
| 2023-07-31 | CA$0.29 | CA$0.18 | x |
| 2024-07-31 | CA$0.26 | CA$0.18 | x |
| 2025-07-31 | CA$0.22 | CA$0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fidelity Minerals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -16.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.38x
- Recent ROE (-16.03%) is above the historical average (-146.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -81.48% | 0.00% | 0.00x | 1.06x | CA$-1.30 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.46 Million |
| 2017 | -932.14% | 0.00% | 0.00x | 6.55x | CA$-2.72 Million |
| 2018 | -432.51% | 0.00% | 0.00x | 3.76x | CA$-2.13 Million |
| 2019 | -46.42% | 0.00% | 0.00x | 1.29x | CA$-2.42 Million |
| 2020 | -22.74% | 0.00% | 0.00x | 1.20x | CA$-1.36 Million |
| 2021 | -15.30% | 0.00% | 0.00x | 1.05x | CA$-1.33 Million |
| 2022 | -21.38% | 0.00% | 0.00x | 1.06x | CA$-1.91 Million |
| 2023 | -36.49% | 0.00% | 0.00x | 1.25x | CA$-2.35 Million |
| 2024 | -10.23% | 0.00% | 0.00x | 1.22x | CA$-1.13 Million |
| 2025 | -16.03% | 0.00% | 0.00x | 1.38x | CA$-1.27 Million |
Industry Comparison
This section compares Fidelity Minerals 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: $38,091,021
- Average return on equity (ROE) among peers: -44.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fidelity Minerals Corp (FMN) | CA$6.39 Million | -81.48% | 0.22x | $5.22 Million |
| Aftermath Silver Ltd (AAG) | $5.83 Million | -52.14% | 0.17x | $215.07 Million |
| Aton Resources Inc (AAN) | $-970.51K | 0.00% | 0.00x | $52.55 Million |
| Asbestos Corporation Limited (AB-H) | $-24.43 Million | 0.00% | 0.00x | $1.85 Million |
| Arbor Metals Corp (ABR) | $700.32K | -22.12% | 0.03x | $10.15 Million |
| Asiabasemetals Inc (ABZ) | $557.59K | -47.89% | 0.13x | $5.75 Million |
| Adex Mining Inc (ADE) | $-5.15 Million | 0.00% | 0.00x | $27.09 Million |
| AE Fuels Corporation (AEF) | $94.17K | -158.20% | 2.20x | $4.95 Million |
| Alphamin Res (AFM) | $365.51 Million | 12.92% | 0.41x | $1.27 Billion |
| African Metals Corporation (AFR) | $401.19K | -134.87% | 0.17x | $1.00 Million |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
About Fidelity Minerals Corp
Fidelity Minerals Corp. engages in the exploration and development of mineral properties. The company explores for gold, copper, silver, lead, and zinc ores. Its flagship project is the Las Huaquillas project located in northern Peru. The company was formerly known as Montan Mining Corp. and changed its name to Fidelity Minerals Corp. in January 2019. Fidelity Minerals Corp. was incorporated in 2… Read more