Laurion Mineral Exploration Inc (LME) - Net Assets

Latest as of September 2025: CA$6.51 Million CAD ≈ $4.71 Million USD

Based on the latest financial reports, Laurion Mineral Exploration Inc (LME) has net assets worth CA$6.51 Million CAD (≈ $4.71 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.11 Million ≈ $5.14 Million USD) and total liabilities (CA$599.62K ≈ $433.75K 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 LME intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$6.51 Million
% of Total Assets	91.56%
Annual Growth Rate	3.43%
5-Year Change	272.2%
10-Year Change	N/A
Growth Volatility	76.49

Laurion Mineral Exploration Inc - Net Assets Trend (1997–2024)

This chart illustrates how Laurion Mineral Exploration Inc's net assets have evolved over time, based on quarterly financial data. See LME defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Laurion Mineral Exploration Inc (1997–2024)

The table below shows the annual net assets of Laurion Mineral Exploration Inc from 1997 to 2024. For live valuation and market cap data, see how much is Laurion Mineral Exploration Inc worth.

Year	Net Assets	Change
2024-12-31	CA$9.57 Million ≈ $6.92 Million	+7.82%
2023-12-31	CA$8.87 Million ≈ $6.42 Million	-2.52%
2022-12-31	CA$9.10 Million ≈ $6.58 Million	-6.38%
2021-12-31	CA$9.72 Million ≈ $7.03 Million	+278.27%
2020-12-31	CA$2.57 Million ≈ $1.86 Million	+36.57%
2019-12-31	CA$1.88 Million ≈ $1.36 Million	+2535.36%
2018-12-31	CA$-77.27K ≈ $-55.90K	+91.00%
2017-12-31	CA$-858.40K ≈ $-620.95K	-53.93%
2016-12-31	CA$-557.65K ≈ $-403.40K	-78.63%
2015-12-31	CA$-312.18K ≈ $-225.83K	-113.00%
2014-12-31	CA$2.40 Million ≈ $1.74 Million	-33.42%
2013-12-31	CA$3.61 Million ≈ $2.61 Million	-14.48%
2012-12-31	CA$4.22 Million ≈ $3.05 Million	-3.45%
2011-12-31	CA$4.37 Million ≈ $3.16 Million	-32.15%
2010-12-31	CA$6.44 Million ≈ $4.66 Million	+127.54%
2009-12-31	CA$2.83 Million ≈ $2.05 Million	-10.38%
2008-12-31	CA$3.16 Million ≈ $2.28 Million	-35.84%
2007-12-31	CA$4.92 Million ≈ $3.56 Million	+147.25%
2006-12-31	CA$1.99 Million ≈ $1.44 Million	-12.73%
2005-12-31	CA$2.28 Million ≈ $1.65 Million	-25.68%
2004-12-31	CA$3.07 Million ≈ $2.22 Million	-14.62%
2003-12-31	CA$3.60 Million ≈ $2.60 Million	+59.40%
2002-12-31	CA$2.26 Million ≈ $1.63 Million	-17.31%
2001-12-31	CA$2.73 Million ≈ $1.97 Million	-9.44%
2000-12-31	CA$3.01 Million ≈ $2.18 Million	-6.49%
1999-12-31	CA$3.22 Million ≈ $2.33 Million	-4.30%
1998-12-31	CA$3.37 Million ≈ $2.43 Million	-12.49%
1997-12-31	CA$3.85 Million ≈ $2.78 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Laurion Mineral Exploration 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 3522660500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$52.11 Million	544.78%
Total Equity	CA$9.57 Million	100.00%

Laurion Mineral Exploration Inc Competitors by Market Cap

The table below lists competitors of Laurion Mineral Exploration Inc ranked by their market capitalization.

Company	Market Cap
Hung Chou Fiber Ind Co Ltd TW:1413	$40.33 Million
Daeryuk Can Co. Ltd KQ:004780	$40.36 Million
DPS Resources Bhd KLSE:7198	$40.36 Million
Lien Chang Electronic Enterprise Co Ltd TW:2431	$40.37 Million
Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. WAR:ZRE	$40.30 Million
Total Soft Bank Ltd KQ:045340	$40.27 Million
Gyeongnam Steel Co. Ltd KQ:039240	$40.24 Million
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. IS:OBASE	$40.23 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Laurion Mineral Exploration Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 8,871,772 to 9,565,364, a change of 693,592 (7.8%).
Net loss of 2,916,429 reduced equity.
New share issuances of 4,286,193 increased equity.
Other comprehensive income decreased equity by 2,431,997.
Other factors increased equity by 1,755,825.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-2.92 Million	-30.49%
Share Issuances	CA$4.29 Million	+44.81%
Other Comprehensive Income	CA$-2.43 Million	-25.43%
Other Changes	CA$1.76 Million	+18.36%
Total Change	CA$-	7.82%

Book Value vs Market Value Analysis

This analysis compares Laurion Mineral Exploration 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: 5.72x
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 0.55x to 5.72x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1997-12-31	CA$0.36	CA$0.20	x
1998-12-31	CA$0.32	CA$0.20	x
1999-12-31	CA$0.30	CA$0.20	x
2000-12-31	CA$0.28	CA$0.20	x
2001-12-31	CA$0.26	CA$0.20	x
2002-12-31	CA$0.18	CA$0.20	x
2003-12-31	CA$0.29	CA$0.20	x
2004-12-31	CA$0.13	CA$0.20	x
2005-12-31	CA$0.06	CA$0.20	x
2006-12-31	CA$0.06	CA$0.20	x
2007-12-31	CA$0.13	CA$0.20	x
2008-12-31	CA$0.05	CA$0.20	x
2009-12-31	CA$0.04	CA$0.20	x
2010-12-31	CA$0.10	CA$0.20	x
2011-12-31	CA$0.06	CA$0.20	x
2012-12-31	CA$0.04	CA$0.20	x
2013-12-31	CA$0.03	CA$0.20	x
2014-12-31	CA$0.02	CA$0.20	x
2015-12-31	CA$0.00	CA$0.20	x
2016-12-31	CA$-0.01	CA$0.20	x
2017-12-31	CA$-0.01	CA$0.20	x
2018-12-31	CA$0.00	CA$0.20	x
2019-12-31	CA$0.01	CA$0.20	x
2020-12-31	CA$0.01	CA$0.20	x
2021-12-31	CA$0.04	CA$0.20	x
2022-12-31	CA$0.04	CA$0.20	x
2023-12-31	CA$0.03	CA$0.20	x
2024-12-31	CA$0.03	CA$0.20	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Laurion Mineral Exploration 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): -30.49%
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: 1.07x
Recent ROE (-30.49%) is below the historical average (-26.48%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1997	-0.48%	-1832200.00%	0.00x	1.01x	CA$-402.95K
1998	-14.27%	-48046200.00%	0.00x	1.07x	CA$-817.05K
1999	-4.49%	-14465600.00%	0.00x	1.09x	CA$-466.77K
2000	-6.94%	-10458800.00%	0.00x	1.11x	CA$-510.38K
2001	-10.42%	0.00%	0.00x	1.25x	CA$-557.07K
2002	-36.48%	0.00%	0.00x	1.81x	CA$-1.05 Million
2003	-14.22%	0.00%	0.00x	1.29x	CA$-870.73K
2004	-19.71%	0.00%	0.00x	1.29x	CA$-912.06K
2005	-26.64%	0.00%	0.00x	1.24x	CA$-835.91K
2006	-11.27%	0.00%	0.00x	1.27x	CA$-423.38K
2007	-15.38%	0.00%	0.00x	1.11x	CA$-1.25 Million
2008	-37.92%	0.00%	0.00x	1.16x	CA$-1.51 Million
2009	-14.44%	0.00%	0.00x	1.20x	CA$-691.82K
2010	44.84%	0.00%	0.00x	1.10x	CA$2.24 Million
2011	-74.00%	0.00%	0.00x	1.17x	CA$-3.67 Million
2012	-21.03%	0.00%	0.00x	1.18x	CA$-1.31 Million
2013	-23.86%	0.00%	0.00x	1.25x	CA$-1.22 Million
2014	-51.25%	0.00%	0.00x	1.47x	CA$-1.47 Million
2015	0.00%	0.00%	0.00x	0.00x	CA$-2.70 Million
2016	0.00%	0.00%	0.00x	0.00x	CA$-314.10K
2017	0.00%	0.00%	0.00x	0.00x	CA$-220.82K
2018	0.00%	0.00%	0.00x	0.00x	CA$-1.43 Million
2019	-119.81%	0.00%	0.00x	1.10x	CA$-2.44 Million
2020	-128.68%	0.00%	0.00x	1.13x	CA$-3.56 Million
2021	-38.44%	0.00%	0.00x	1.02x	CA$-4.71 Million
2022	-51.13%	0.00%	0.00x	1.01x	CA$-5.56 Million
2023	-34.78%	0.00%	0.00x	1.05x	CA$-3.97 Million
2024	-30.49%	0.00%	0.00x	1.07x	CA$-3.87 Million

Industry Comparison

This section compares Laurion Mineral Exploration 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
Laurion Mineral Exploration Inc (LME)	CA$6.51 Million	-0.48%	0.09x	$40.32 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 Laurion Mineral Exploration Inc

V:LME Canada Gold

Market Cap

$40.32 Million

CA$55.74 Million CAD

Market Cap Rank

#22730 Global

#829 in Canada

Share Price

CA$0.20

Change (1 day)

-2.44%

52-Week Range

CA$0.20 - CA$0.46

All Time High

CA$1.10