IEMR Resources Inc
IEMR Resources Inc., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company holds a 100% interest in the Pine Tree copper-molybdenum property located in the Pilot Mountains in Mina, Nevada. The company was formerly known as Trans National Minerals Inc. IEMR Resources Inc. was incorporated in 2008 and is headquartered in… Read more
IEMR Resources Inc (IRI) - Net Assets
Latest net assets as of April 2025: CA$301.81K CAD
Based on the latest financial reports, IEMR Resources Inc (IRI) has net assets worth CA$301.81K CAD as of April 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$345.58K) and total liabilities (CA$43.77K). 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$301.81K |
| % of Total Assets | 87.34% |
| Annual Growth Rate | -3.12% |
| 5-Year Change | -89.9% |
| 10-Year Change | N/A |
| Growth Volatility | 141.9 |
IEMR Resources Inc - Net Assets Trend (2013–2024)
This chart illustrates how IEMR Resources 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 IEMR Resources Inc (2013–2024)
The table below shows the annual net assets of IEMR Resources Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | CA$352.62K | -88.01% |
| 2023-10-31 | CA$2.94 Million | -4.38% |
| 2022-10-31 | CA$3.07 Million | -1.73% |
| 2021-10-31 | CA$3.13 Million | -10.42% |
| 2017-10-31 | CA$3.49 Million | +21.74% |
| 2016-10-31 | CA$2.87 Million | +888.73% |
| 2015-10-31 | CA$-363.75K | -417.45% |
| 2014-10-31 | CA$114.58K | -77.08% |
| 2013-10-31 | CA$500.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to IEMR 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 366408900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$8.00 Million | 2267.94% |
| Total Equity | CA$352.62K | 100.00% |
IEMR Resources Inc Competitors by Market Cap
The table below lists competitors of IEMR Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PRESIDENT STUDIO S.A.
WAR:PRE
|
$237.85K |
|
GECCH
NASDAQ:GECCH
|
$237.99K |
|
ALL-P-J
NYSE:ALL-P-J
|
$238.02K |
|
Hamama
TA:HMAM
|
$238.09K |
|
NYSE LISTED TEST STOCK FOR CTS AND CQS
NYSE:CBO
|
$237.68K |
|
CAE (CE9.SG)
STU:CE9
|
$237.62K |
|
MFA Financial, Inc. 8.875%
NYSE:MFAN
|
$237.58K |
|
Lodzia
TA:LODZ
|
$237.41K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IEMR Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,939,883 to 352,619, a change of -2,587,264 (-88.0%).
- Net loss of 2,587,264 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.59 Million | -733.73% |
| Total Change | CA$- | -88.01% |
Book Value vs Market Value Analysis
This analysis compares IEMR 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: 4.03x
- 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 0.45x to 4.03x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-10-31 | CA$0.03 | CA$0.02 | x |
| 2022-10-31 | CA$0.03 | CA$0.02 | x |
| 2023-10-31 | CA$0.03 | CA$0.02 | x |
| 2024-10-31 | CA$0.00 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IEMR Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -733.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.25x
- Recent ROE (-733.73%) is below the historical average (-176.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -474.01% | 0.00% | 0.00x | 3.55x | CA$-2.42 Million |
| 2014 | -386.30% | 0.00% | 0.00x | 17.49x | CA$-454.10K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-442.71K |
| 2016 | -3.91% | 0.00% | 0.00x | 1.01x | CA$-399.10K |
| 2017 | 17.86% | 0.00% | 0.00x | 1.01x | CA$274.48K |
| 2021 | -3.14% | 0.00% | 0.00x | 1.00x | CA$-411.17K |
| 2022 | -1.76% | 0.00% | 0.00x | 1.01x | CA$-361.71K |
| 2023 | -4.58% | 0.00% | 0.00x | 1.02x | CA$-428.68K |
| 2024 | -733.73% | 0.00% | 0.00x | 1.25x | CA$-2.62 Million |
Industry Comparison
This section compares IEMR Resources 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: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IEMR Resources Inc (IRI) | CA$301.81K | -474.01% | 0.15x | $237.77K |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |