Metalore Resources Ltd (MET) - Net Assets

Latest as of December 2025: CA$7.40 Million CAD ≈ $5.36 Million USD

Based on the latest financial reports, Metalore Resources Ltd (MET) has net assets worth CA$7.40 Million CAD (≈ $5.36 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$8.43 Million ≈ $6.10 Million USD) and total liabilities (CA$1.02 Million ≈ $738.98K 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 MET financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$7.40 Million
% of Total Assets 87.88%
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. Also explore Metalore Resources Ltd assets under control for the complete picture of this company's asset base.

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. For live valuation and market cap data, see MET stock market capitalisation.

Year Net Assets Change
2025-03-31 CA$7.36 Million
≈ $5.33 Million		 +17.47%
2024-03-31 CA$6.27 Million
≈ $4.53 Million		 -12.81%
2023-03-31 CA$7.19 Million
≈ $5.20 Million		 -20.26%
2022-03-31 CA$9.01 Million
≈ $6.52 Million		 +24.17%
2021-03-31 CA$7.26 Million
≈ $5.25 Million		 +7.99%
2020-03-31 CA$6.72 Million
≈ $4.86 Million		 -9.13%
2019-03-31 CA$7.40 Million
≈ $5.35 Million		 -29.47%
2018-03-31 CA$10.49 Million
≈ $7.59 Million		 +4.10%
2017-03-31 CA$10.08 Million
≈ $7.29 Million		 -20.18%
2016-03-31 CA$12.62 Million
≈ $9.13 Million		 -2.19%
2015-03-31 CA$12.91 Million
≈ $9.34 Million		 -4.68%
2014-03-31 CA$13.54 Million
≈ $9.79 Million		 +1.33%
2013-03-31 CA$13.36 Million
≈ $9.67 Million		 -3.08%
2012-03-31 CA$13.79 Million
≈ $9.97 Million		 -1.31%
2011-03-31 CA$13.97 Million
≈ $10.10 Million		 +5.75%
2010-03-31 CA$13.21 Million
≈ $9.56 Million		 +5.35%
2009-03-31 CA$12.54 Million
≈ $9.07 Million		 -0.06%
2008-03-31 CA$12.55 Million
≈ $9.08 Million		 +6.75%
2007-03-31 CA$11.75 Million
≈ $8.50 Million		 +4.64%
2006-03-31 CA$11.23 Million
≈ $8.13 Million		 +3.78%
2005-03-31 CA$10.82 Million
≈ $7.83 Million		 +2.24%
2004-03-31 CA$10.59 Million
≈ $7.66 Million		 +3.16%
2003-03-31 CA$10.26 Million
≈ $7.42 Million		 +7.82%
2002-03-31 CA$9.52 Million
≈ $6.89 Million		 +8.68%
2001-03-31 CA$8.76 Million
≈ $6.34 Million		 +10.86%
2000-03-31 CA$7.90 Million
≈ $5.71 Million		 +5.33%
1999-03-31 CA$7.50 Million
≈ $5.43 Million		 -27.18%
1998-03-31 CA$10.30 Million
≈ $7.45 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
South HARZ Potash Ltd
AU:SHP
 $3.60 Million
1844 Resources Inc
V:EFF
 $3.60 Million
California Software Company Limited
NSE:CALSOFT
 $3.61 Million
Jaya Swarasa Agung PT
JK:TAYS
 $3.61 Million
Parkd Ltd
AU:PKD
 $3.59 Million
Cre8 Enterprise Limited Class A Ordinary Shares
NASDAQ:CRE
 $3.59 Million
LM Funding America Inc
NASDAQ:LMFA
 $3.59 Million
Ganga Forging Limited
NSE:GANGAFORGE
 $3.59 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: 0.68x
  • 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 0.43x to 0.68x 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$2.80 x
1999-03-31 CA$4.29 CA$2.80 x
2000-03-31 CA$4.11 CA$2.80 x
2001-03-31 CA$5.02 CA$2.80 x
2002-03-31 CA$5.45 CA$2.80 x
2003-03-31 CA$5.88 CA$2.80 x
2004-03-31 CA$6.03 CA$2.80 x
2005-03-31 CA$6.16 CA$2.80 x
2006-03-31 CA$6.47 CA$2.80 x
2007-03-31 CA$6.70 CA$2.80 x
2008-03-31 CA$7.15 CA$2.80 x
2009-03-31 CA$7.06 CA$2.80 x
2010-03-31 CA$7.44 CA$2.80 x
2011-03-31 CA$7.87 CA$2.80 x
2012-03-31 CA$7.77 CA$2.80 x
2013-03-31 CA$7.53 CA$2.80 x
2014-03-31 CA$7.63 CA$2.80 x
2015-03-31 CA$7.27 CA$2.80 x
2016-03-31 CA$7.11 CA$2.80 x
2017-03-31 CA$5.68 CA$2.80 x
2018-03-31 CA$5.91 CA$2.80 x
2019-03-31 CA$4.17 CA$2.80 x
2020-03-31 CA$3.79 CA$2.80 x
2021-03-31 CA$4.09 CA$2.80 x
2022-03-31 CA$5.08 CA$2.80 x
2023-03-31 CA$4.05 CA$2.80 x
2024-03-31 CA$3.53 CA$2.80 x
2025-03-31 CA$4.15 CA$2.80 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: $483,418,622
  • Average return on equity (ROE) among peers: -27.33%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Metalore Resources Ltd (MET) CA$7.40 Million 3.88% 0.14x $3.60 Million
Advantage Oil & Gas Ltd. (AAV) $1.24 Billion -12.33% 0.59x $1.24 Billion
Africa Energy Corp (AFE) $75.11 Million -1.46% 0.10x $79.72 Million
Alvopetro Energy (ALV) $53.11 Million 10.74% 0.51x $226.92 Million
Africa Oil Corp (AOI) $89.23 Million -1.52% 0.06x $820.85 Million
Altima Resources Ltd (ARH) $-9.83 Million 0.00% 0.00x $19.37 Million
ARC Resources Ltd. (ARX) $212.10 Million 4.34% 0.39x $13.08 Billion
Athabasca Oil Corp (ATH) $3.15 Billion 4.51% 0.25x $4.24 Billion
Altai Resources Inc. (ATI) $4.64 Million -4.40% 0.06x $1.12 Million
Avanti Energy Inc (AVN) $4.20 Million -21.20% 0.20x $24.04 Million
Arrow Exploration Corp (AXL) $12.79 Million -251.95% 1.62x $86.85 Million

About Metalore Resources Ltd

V:MET Canada Oil & Gas E&P
Market Cap
$3.60 Million
CA$4.97 Million CAD
Market Cap Rank
#29091 Global
#1383 in Canada
Share Price
CA$2.80
Change (1 day)
+0.00%
52-Week Range
CA$2.20 - CA$2.94
All Time High
CA$4.35
Categories
Companies in Canada Oil & Gas E&P
About

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