Laurion Mineral Exploration Inc (LME) - Net Assets

Latest as of September 2025: CA$6.51 Million CAD

Based on the latest financial reports, Laurion Mineral Exploration Inc (LME) has net assets worth CA$6.51 Million CAD 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) and total liabilities (CA$599.62K). 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$6.51 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. Explore and compare other companies by net assets.

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.

Year Net Assets Change
2024-12-31 CA$9.57 Million +7.82%
2023-12-31 CA$8.87 Million -2.52%
2022-12-31 CA$9.10 Million -6.38%
2021-12-31 CA$9.72 Million +278.27%
2020-12-31 CA$2.57 Million +36.57%
2019-12-31 CA$1.88 Million +2535.36%
2018-12-31 CA$-77.27K +91.00%
2017-12-31 CA$-858.40K -53.93%
2016-12-31 CA$-557.65K -78.63%
2015-12-31 CA$-312.18K -113.00%
2014-12-31 CA$2.40 Million -33.42%
2013-12-31 CA$3.61 Million -14.48%
2012-12-31 CA$4.22 Million -3.45%
2011-12-31 CA$4.37 Million -32.15%
2010-12-31 CA$6.44 Million +127.54%
2009-12-31 CA$2.83 Million -10.38%
2008-12-31 CA$3.16 Million -35.84%
2007-12-31 CA$4.92 Million +147.25%
2006-12-31 CA$1.99 Million -12.73%
2005-12-31 CA$2.28 Million -25.68%
2004-12-31 CA$3.07 Million -14.62%
2003-12-31 CA$3.60 Million +59.40%
2002-12-31 CA$2.26 Million -17.31%
2001-12-31 CA$2.73 Million -9.44%
2000-12-31 CA$3.01 Million -6.49%
1999-12-31 CA$3.22 Million -4.30%
1998-12-31 CA$3.37 Million -12.49%
1997-12-31 CA$3.85 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
Daiyang Metal
KO:009190
 		$45.37 Million
Beryl 8 Plus Public Company Limited
BK:BE8
 		$45.38 Million
Enapter AG
F:H2O
 		$45.38 Million
Kairous Acquisition Corp Ltd
NASDAQ:KACL
 		$45.42 Million
Unibios Holdings S.A
AT:BIOSK
 		$45.35 Million
Metallic Minerals Corp
V:MMG
 		$45.34 Million
SelfWealth Limited
AU:SWF
 		$45.34 Million
Gold Hydrogen Ltd
AU:GHY
 		$45.33 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: 6.43x
  • 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 0.62x to 6.43x 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$0.23 x
1998-12-31 CA$0.32 CA$0.23 x
1999-12-31 CA$0.30 CA$0.23 x
2000-12-31 CA$0.28 CA$0.23 x
2001-12-31 CA$0.26 CA$0.23 x
2002-12-31 CA$0.18 CA$0.23 x
2003-12-31 CA$0.29 CA$0.23 x
2004-12-31 CA$0.13 CA$0.23 x
2005-12-31 CA$0.06 CA$0.23 x
2006-12-31 CA$0.06 CA$0.23 x
2007-12-31 CA$0.13 CA$0.23 x
2008-12-31 CA$0.05 CA$0.23 x
2009-12-31 CA$0.04 CA$0.23 x
2010-12-31 CA$0.10 CA$0.23 x
2011-12-31 CA$0.06 CA$0.23 x
2012-12-31 CA$0.04 CA$0.23 x
2013-12-31 CA$0.03 CA$0.23 x
2014-12-31 CA$0.02 CA$0.23 x
2015-12-31 CA$0.00 CA$0.23 x
2016-12-31 CA$-0.01 CA$0.23 x
2017-12-31 CA$-0.01 CA$0.23 x
2018-12-31 CA$0.00 CA$0.23 x
2019-12-31 CA$0.01 CA$0.23 x
2020-12-31 CA$0.01 CA$0.23 x
2021-12-31 CA$0.04 CA$0.23 x
2022-12-31 CA$0.04 CA$0.23 x
2023-12-31 CA$0.03 CA$0.23 x
2024-12-31 CA$0.03 CA$0.23 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: $37,435,313
  • Average return on equity (ROE) among peers: -27.45%

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 $45.36 Million
Abcourt Mines Inc. (ABI) $-3.13 Million 0.00% 0.00x $86.06 Million
Athabasca Minerals Inc (ABM) $20.44 Million -35.77% 0.45x $3.68 Million
American Eagle Gold Corp (AE) $3.52 Million -143.42% 0.34x $148.82 Million
Aero Energy Limited (AERO) $14.72 Million -5.86% 0.05x $9.68 Million
AIS Resources Ltd (AIS) $1.78 Million -62.23% 0.56x $1.76 Million
Algo Grande Copper Corp. (ALGR) $3.28 Million -19.80% 0.18x $9.71 Million
Alkane Resources Limited (ALK) $309.37 Million 5.71% 0.50x $985.87 Million
Alliance Mining Corp (ALM) $-656.72K 0.00% 0.00x $1.58 Million
Altamira Gold Corp (ALTA) $21.46 Million -7.16% 0.01x $38.60 Million
Argus Metals Corp. (AML) $3.56 Million -6.01% 0.17x $1.59 Million

About Laurion Mineral Exploration Inc

V:LME Canada Gold
Market Cap
$45.36 Million
CA$62.71 Million CAD
Market Cap Rank
#24657 Global
#708 in Canada
Share Price
CA$0.23
Change (1 day)
+2.27%
52-Week Range
CA$0.21 - CA$0.46
All Time High
CA$1.10
Categories
Companies in Canada Gold
About

Laurion Mineral Exploration Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, silver, zinc, copper, and other base metal deposits. The company's flagship property is the Ishkoday property covering an area of 57.43 square kilometer located in Irwin, Pifher, Walters, Summer, and Elmhirst townships, Thunder Bay Mining Divis… Read more