Metalore Resources Ltd
Metalore Resources Limited, a junior resource company, engages in the natural gas production and gold exploration in Canada. The company owns and controls approximately 40,000 acres of petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. It also distributes natural gas to commercial and residential customers through pipelines… Read more
Metalore Resources Ltd (MET) - Net Assets
Latest net assets as of September 2025: CA$7.23 Million CAD
Based on the latest financial reports, Metalore Resources Ltd (MET) has net assets worth CA$7.23 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$8.09 Million) and total liabilities (CA$853.16K). 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$7.23 Million |
| % of Total Assets | 89.45% |
| Annual Growth Rate | -1.24% |
| 5-Year Change | 1.42% |
| 10-Year Change | -41.68% |
| Growth Volatility | 12.35 |
Metalore Resources Ltd - Net Assets Trend (1998–2025)
This chart illustrates how Metalore Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Metalore Resources Ltd (1998–2025)
The table below shows the annual net assets of Metalore Resources Ltd from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$7.36 Million | +17.47% |
| 2024-03-31 | CA$6.27 Million | -12.81% |
| 2023-03-31 | CA$7.19 Million | -20.26% |
| 2022-03-31 | CA$9.01 Million | +24.17% |
| 2021-03-31 | CA$7.26 Million | +7.99% |
| 2020-03-31 | CA$6.72 Million | -9.13% |
| 2019-03-31 | CA$7.40 Million | -29.47% |
| 2018-03-31 | CA$10.49 Million | +4.10% |
| 2017-03-31 | CA$10.08 Million | -20.18% |
| 2016-03-31 | CA$12.62 Million | -2.19% |
| 2015-03-31 | CA$12.91 Million | -4.68% |
| 2014-03-31 | CA$13.54 Million | +1.33% |
| 2013-03-31 | CA$13.36 Million | -3.08% |
| 2012-03-31 | CA$13.79 Million | -1.31% |
| 2011-03-31 | CA$13.97 Million | +5.75% |
| 2010-03-31 | CA$13.21 Million | +5.35% |
| 2009-03-31 | CA$12.54 Million | -0.06% |
| 2008-03-31 | CA$12.55 Million | +6.75% |
| 2007-03-31 | CA$11.75 Million | +4.64% |
| 2006-03-31 | CA$11.23 Million | +3.78% |
| 2005-03-31 | CA$10.82 Million | +2.24% |
| 2004-03-31 | CA$10.59 Million | +3.16% |
| 2003-03-31 | CA$10.26 Million | +7.82% |
| 2002-03-31 | CA$9.52 Million | +8.68% |
| 2001-03-31 | CA$8.76 Million | +10.86% |
| 2000-03-31 | CA$7.90 Million | +5.33% |
| 1999-03-31 | CA$7.50 Million | -27.18% |
| 1998-03-31 | CA$10.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Metalore Resources Ltd'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 41.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$4.69 Million | 63.68% |
| Other Components | CA$2.67 Million | 36.32% |
| Total Equity | CA$7.36 Million | 100.00% |
Metalore Resources Ltd Competitors by Market Cap
The table below lists competitors of Metalore Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Savosolar Oyj
F:5J4
|
$1.12 Million |
|
Planet Green Metals Inc.
F:D0C0
|
$1.12 Million |
|
EDENVILLE ENERGY PLC-01
F:UZH0
|
$1.12 Million |
|
HARTFORD FIN SERV - Dusseldorf Stock Exchang
DU:HFF
|
$1.12 Million |
|
Dongbu Insurance Co. Ltd.
KQ:005830
|
$1.12 Million |
|
EQDOM
BC:EQDOM
|
$1.12 Million |
|
SHF Holdings Inc
NASDAQ:SHFS
|
$1.11 Million |
|
CPT Global Ltd
AU:CGO
|
$1.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metalore Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,267,291 to 7,361,999, a change of 1,094,708 (17.5%).
- Net income of 1,094,708 contributed positively to equity growth.
- Other comprehensive income decreased equity by 52,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$1.09 Million | +14.87% |
| Other Comprehensive Income | CA$-52.00K | -0.71% |
| Other Changes | CA$52.00K | +0.71% |
| Total Change | CA$- | 17.47% |
Book Value vs Market Value Analysis
This analysis compares Metalore Resources Ltd'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: 0.60x
- 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 increased from 0.39x to 0.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-03-31 | CA$6.44 | CA$2.50 | x |
| 1999-03-31 | CA$4.29 | CA$2.50 | x |
| 2000-03-31 | CA$4.11 | CA$2.50 | x |
| 2001-03-31 | CA$5.02 | CA$2.50 | x |
| 2002-03-31 | CA$5.45 | CA$2.50 | x |
| 2003-03-31 | CA$5.88 | CA$2.50 | x |
| 2004-03-31 | CA$6.03 | CA$2.50 | x |
| 2005-03-31 | CA$6.16 | CA$2.50 | x |
| 2006-03-31 | CA$6.47 | CA$2.50 | x |
| 2007-03-31 | CA$6.70 | CA$2.50 | x |
| 2008-03-31 | CA$7.15 | CA$2.50 | x |
| 2009-03-31 | CA$7.06 | CA$2.50 | x |
| 2010-03-31 | CA$7.44 | CA$2.50 | x |
| 2011-03-31 | CA$7.87 | CA$2.50 | x |
| 2012-03-31 | CA$7.77 | CA$2.50 | x |
| 2013-03-31 | CA$7.53 | CA$2.50 | x |
| 2014-03-31 | CA$7.63 | CA$2.50 | x |
| 2015-03-31 | CA$7.27 | CA$2.50 | x |
| 2016-03-31 | CA$7.11 | CA$2.50 | x |
| 2017-03-31 | CA$5.68 | CA$2.50 | x |
| 2018-03-31 | CA$5.91 | CA$2.50 | x |
| 2019-03-31 | CA$4.17 | CA$2.50 | x |
| 2020-03-31 | CA$3.79 | CA$2.50 | x |
| 2021-03-31 | CA$4.09 | CA$2.50 | x |
| 2022-03-31 | CA$5.08 | CA$2.50 | x |
| 2023-03-31 | CA$4.05 | CA$2.50 | x |
| 2024-03-31 | CA$3.53 | CA$2.50 | x |
| 2025-03-31 | CA$4.15 | CA$2.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metalore Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.87%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 240.32%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.14x
- Recent ROE (14.87%) is above the historical average (0.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 3.88% | 30.77% | 0.08x | 1.53x | CA$-630.00K |
| 1999 | -37.33% | -311.11% | 0.09x | 1.27x | CA$-3.55 Million |
| 2000 | 6.33% | 38.46% | 0.13x | 1.24x | CA$-290.00K |
| 2001 | 10.54% | 53.80% | 0.16x | 1.20x | CA$47.24K |
| 2002 | 9.27% | 44.38% | 0.17x | 1.22x | CA$-69.12K |
| 2003 | 7.74% | 52.47% | 0.12x | 1.22x | CA$-231.93K |
| 2004 | 4.31% | 26.19% | 0.13x | 1.28x | CA$-602.19K |
| 2005 | 6.61% | 39.76% | 0.13x | 1.25x | CA$-366.75K |
| 2006 | 6.18% | 36.18% | 0.13x | 1.27x | CA$-429.05K |
| 2007 | 4.62% | 23.11% | 0.16x | 1.27x | CA$-631.92K |
| 2008 | 4.32% | 31.87% | 0.11x | 1.27x | CA$-713.04K |
| 2009 | 5.56% | 32.81% | 0.13x | 1.27x | CA$-556.65K |
| 2010 | 3.17% | 39.24% | 0.07x | 1.24x | CA$-902.18K |
| 2011 | 3.55% | 41.16% | 0.07x | 1.20x | CA$-901.15K |
| 2012 | 0.60% | 8.63% | 0.06x | 1.19x | CA$-1.30 Million |
| 2013 | -2.39% | -47.14% | 0.04x | 1.19x | CA$-1.66 Million |
| 2014 | 1.86% | 25.00% | 0.06x | 1.20x | CA$-1.10 Million |
| 2015 | -1.01% | -12.38% | 0.07x | 1.22x | CA$-1.42 Million |
| 2016 | -0.12% | -2.38% | 0.04x | 1.23x | CA$-1.28 Million |
| 2017 | -26.37% | -376.31% | 0.06x | 1.20x | CA$-3.66 Million |
| 2018 | 2.55% | 34.52% | 0.06x | 1.20x | CA$-781.67K |
| 2019 | 5.35% | 50.72% | 0.09x | 1.14x | CA$-344.10K |
| 2020 | -9.21% | -100.58% | 0.08x | 1.13x | CA$-1.29 Million |
| 2021 | 9.05% | 100.00% | 0.07x | 1.26x | CA$-68.78K |
| 2022 | 19.41% | 214.53% | 0.07x | 1.28x | CA$848.03K |
| 2023 | -24.42% | -163.80% | 0.11x | 1.31x | CA$-2.47 Million |
| 2024 | -13.73% | -213.62% | 0.05x | 1.22x | CA$-1.49 Million |
| 2025 | 14.87% | 240.32% | 0.05x | 1.14x | CA$358.51K |
Industry Comparison
This section compares Metalore Resources Ltd's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $138,025,772
- Average return on equity (ROE) among peers: -9.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metalore Resources Ltd (MET) | CA$7.23 Million | 3.88% | 0.12x | $1.12 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.21 Billion | -1.70% | 0.91x | $1.14 Billion |
| Alvopetro Energy (ALV) | $55.87 Million | -9.44% | 0.28x | $190.03 Million |
| Bison Gold Resources Inc (BGE) | $899.62K | -107.98% | 0.20x | $178.53K |
| Capitan Investment Ltd (CAI) | $8.61 Million | -19.92% | 0.13x | $283.50K |
| Canada Energy Partners Inc (CE-H) | $-617.75K | 0.00% | 0.00x | $99.62K |
| Benchmark Metals Inc (CEI) | $97.08 Million | -11.50% | 0.17x | $143.60 Million |
| Columbus Energy Limited (CEL-H) | $-587.57K | 0.00% | 0.00x | $456.61K |
| Criterium Energy Ltd. (CEQ) | $109.56K | 59.85% | 0.46x | $7.89 Million |
| Cavvy Energy Ltd. (CVVY) | $10.78 Million | -2.67% | 0.18x | $8.09K |
| District Mines Ltd (DIG-H) | $-397.45K | 0.00% | 0.00x | $1.17 Million |