iMetal Resources Inc (IMR) - Net Assets
Based on the latest financial reports, iMetal Resources Inc (IMR) has net assets worth CA$6.34 Million CAD (≈ $4.59 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.44 Million ≈ $5.38 Million USD) and total liabilities (CA$1.10 Million ≈ $794.02K 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 IMR goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$6.34 Million |
| % of Total Assets | 85.24% |
| Annual Growth Rate | 18.0% |
| 5-Year Change | 103.88% |
| 10-Year Change | N/A |
| Growth Volatility | 175.84 |
iMetal Resources Inc - Net Assets Trend (2014–2024)
This chart illustrates how iMetal Resources Inc's net assets have evolved over time, based on quarterly financial data. See IMR days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for iMetal Resources Inc (2014–2024)
The table below shows the annual net assets of iMetal Resources Inc from 2014 to 2024. For live valuation and market cap data, see IMR stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | CA$5.12 Million ≈ $3.70 Million |
-27.11% |
| 2023-05-31 | CA$7.02 Million ≈ $5.08 Million |
+12.94% |
| 2022-05-31 | CA$6.21 Million ≈ $4.50 Million |
+61.22% |
| 2021-05-31 | CA$3.85 Million ≈ $2.79 Million |
+53.61% |
| 2020-05-31 | CA$2.51 Million ≈ $1.82 Million |
-8.59% |
| 2019-05-31 | CA$2.75 Million ≈ $1.99 Million |
+137.90% |
| 2018-05-31 | CA$1.15 Million ≈ $834.75K |
+33.97% |
| 2017-05-31 | CA$861.32K ≈ $623.07K |
+492.81% |
| 2016-05-31 | CA$145.30K ≈ $105.10K |
+114.30% |
| 2015-05-31 | CA$-1.02 Million ≈ $-735.23K |
-203.96% |
| 2014-05-31 | CA$977.66K ≈ $707.23K |
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Equity Component Analysis
This analysis shows how different components contribute to iMetal Resources 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 1312844800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$54.13 Million | 1057.94% |
| Total Equity | CA$5.12 Million | 100.00% |
iMetal Resources Inc Competitors by Market Cap
The table below lists competitors of iMetal Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Goldcliff Resource Corp
V:GCN
|
$2.63 Million |
|
Fenbo Holdings Limited Ordinary Shares
NASDAQ:FEBO
|
$2.63 Million |
|
Andrews Sykes Group plc
LSE:ASY
|
$2.64 Million |
|
Morarjee Textiles Limited
NSE:MORARJEE
|
$2.64 Million |
|
Quebec Precious Metals Corporation
V:QPM
|
$2.62 Million |
|
WF International Limited Ordinary Shares
NASDAQ:WXM
|
$2.62 Million |
|
CVC Income & Growth Limited
LSE:CVCG
|
$2.62 Million |
|
CDN Maverick Capital Corp.
F:338B
|
$2.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in iMetal Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,019,207 to 5,116,503, a change of -1,902,704 (-27.1%).
- Net loss of 2,264,170 reduced equity.
- New share issuances of 364,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.26 Million | -44.25% |
| Share Issuances | CA$364.00K | +7.11% |
| Other Changes | CA$-2.53K | -0.05% |
| Total Change | CA$- | -27.11% |
Book Value vs Market Value Analysis
This analysis compares iMetal Resources 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: 0.10x
- 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 1.44x to 0.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-05-31 | CA$0.06 | CA$0.09 | x |
| 2018-05-31 | CA$0.07 | CA$0.09 | x |
| 2019-05-31 | CA$0.12 | CA$0.09 | x |
| 2020-05-31 | CA$0.11 | CA$0.09 | x |
| 2021-05-31 | CA$0.08 | CA$0.09 | x |
| 2022-05-31 | CA$0.17 | CA$0.09 | x |
| 2023-05-31 | CA$0.14 | CA$0.09 | x |
| 2024-05-31 | CA$0.91 | CA$0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently iMetal Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -44.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.13x
- Recent ROE (-44.25%) is above the historical average (-89.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -202.60% | 0.00% | 0.00x | 3.10x | CA$-2.08 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.89 Million |
| 2016 | -475.16% | 0.00% | 0.00x | 3.54x | CA$-704.92K |
| 2017 | -27.17% | 0.00% | 0.00x | 1.12x | CA$-320.16K |
| 2018 | -67.30% | 0.00% | 0.00x | 1.06x | CA$-892.06K |
| 2019 | -31.47% | 0.00% | 0.00x | 1.04x | CA$-1.14 Million |
| 2020 | -25.82% | 0.00% | 0.00x | 1.10x | CA$-898.98K |
| 2021 | -48.13% | 0.00% | 0.00x | 1.08x | CA$-2.24 Million |
| 2022 | -26.66% | 0.00% | 0.00x | 1.04x | CA$-2.28 Million |
| 2023 | -30.56% | 0.00% | 0.00x | 1.06x | CA$-2.85 Million |
| 2024 | -44.25% | 0.00% | 0.00x | 1.13x | CA$-2.78 Million |
Industry Comparison
This section compares iMetal Resources Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,457,076,334
- Average return on equity (ROE) among peers: -12.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| iMetal Resources Inc (IMR) | CA$6.34 Million | -202.60% | 0.17x | $2.63 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.29 Billion |
| Abcourt Mines Inc. (ABI) | $3.33 Million | -20.67% | 0.04x | $77.46 Million |
| Barrick Gold Corp (ABX) | $32.31 Billion | 6.26% | 0.45x | $70.55 Billion |
| American Eagle Gold Corp (AE) | $35.20 Million | -22.32% | 0.04x | $142.56 Million |
| Agnico Eagle Mines Limited (AEM) | $2.06 Billion | 6.77% | 0.33x | $86.35 Billion |
| Alamos Gold Inc (AGI) | $25.69 Million | -7.53% | 0.11x | $15.94 Billion |
| AIS Resources Ltd (AIS) | $479.48K | -11.79% | 0.06x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $24.24 Million | -6.73% | 0.03x | $41.82 Million |
| Almaden Minerals Ltd (AMM) | $5.18 Million | -58.59% | 0.09x | $24.82 Million |
About iMetal Resources Inc
iMetal Resources Inc., a junior exploration company, focuses on the acquisition, exploration, development, and evaluation of resource properties in Canada. The company explores for precious and base metal resources, gold, and graphite deposits. Its flagship property is the Gowganda West project covering an area of approximately 147 squares kilometers located in Ontario; and The Carheil graphite p… Read more