Minaurum Silver Inc. (MGG) - Net Assets
Based on the latest financial reports, Minaurum Silver Inc. (MGG) has net assets worth CA$10.43 Million CAD (≈ $7.55 Million USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$11.86 Million ≈ $8.58 Million USD) and total liabilities (CA$1.43 Million ≈ $1.03 Million 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 financial resilience of Minaurum Silver Inc. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$10.43 Million |
| % of Total Assets | 87.95% |
| Annual Growth Rate | 26.85% |
| 5-Year Change | -38.15% |
| 10-Year Change | -0.45% |
| Growth Volatility | 568.46 |
Minaurum Silver Inc. - Net Assets Trend (2009–2025)
This chart illustrates how Minaurum Silver Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore how large is Minaurum Silver Inc.'s balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Minaurum Silver Inc. (2009–2025)
The table below shows the annual net assets of Minaurum Silver Inc. from 2009 to 2025. For live valuation and market cap data, see Minaurum Silver Inc. (MGG) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | CA$7.09 Million ≈ $5.13 Million |
-6.61% |
| 2024-04-30 | CA$7.59 Million ≈ $5.49 Million |
-25.48% |
| 2023-04-30 | CA$10.19 Million ≈ $7.37 Million |
-35.80% |
| 2022-04-30 | CA$15.87 Million ≈ $11.48 Million |
+38.41% |
| 2021-04-30 | CA$11.47 Million ≈ $8.30 Million |
+26.75% |
| 2020-04-30 | CA$9.05 Million ≈ $6.55 Million |
-30.28% |
| 2019-04-30 | CA$12.98 Million ≈ $9.39 Million |
+98.93% |
| 2018-04-30 | CA$6.52 Million ≈ $4.72 Million |
+14.15% |
| 2017-04-30 | CA$5.71 Million ≈ $4.13 Million |
-19.79% |
| 2016-04-30 | CA$7.12 Million ≈ $5.15 Million |
+134.85% |
| 2015-04-30 | CA$3.03 Million ≈ $2.19 Million |
+2.61% |
| 2014-04-30 | CA$2.96 Million ≈ $2.14 Million |
-21.66% |
| 2013-04-30 | CA$3.77 Million ≈ $2.73 Million |
-39.03% |
| 2012-04-30 | CA$6.19 Million ≈ $4.48 Million |
-33.38% |
| 2011-04-30 | CA$9.29 Million ≈ $6.72 Million |
+139.92% |
| 2010-04-30 | CA$3.87 Million ≈ $2.80 Million |
+2352.74% |
| 2009-04-30 | CA$157.89K ≈ $114.21K |
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Equity Component Analysis
This analysis shows how different components contribute to Minaurum Silver 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 6690740000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$74.30 Million | 1047.60% |
| Total Equity | CA$7.09 Million | 100.00% |
Minaurum Silver Inc. Competitors by Market Cap
The table below lists competitors of Minaurum Silver Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OPTIMIZERx Corp
NASDAQ:OPRX
|
$124.89 Million |
|
Jindal Poly Investment and Finance Company Limited
NSE:JPOLYINVST
|
$124.91 Million |
|
e-Credible Co. Ltd
KQ:092130
|
$124.96 Million |
|
RiverNorth Managed Duration Municipal Income Fund II Inc.
NYSE:RMMZ
|
$124.96 Million |
|
ASolid Technology Co Ltd
TWO:6485
|
$124.88 Million |
|
Nobia AB
ST:NOBI
|
$124.86 Million |
|
Grupo Sports World S.A.B. de C.V
MX:SPORTS
|
$124.82 Million |
|
Supercomnet Technologies Bhd
KLSE:0001
|
$124.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Minaurum Silver Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,594,611 to 7,092,854, a change of -501,757 (-6.6%).
- Net loss of 5,723,405 reduced equity.
- New share issuances of 5,696,250 increased equity.
- Other comprehensive income decreased equity by 9,568,442.
- Other factors increased equity by 9,093,840.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.72 Million | -80.69% |
| Share Issuances | CA$5.70 Million | +80.31% |
| Other Comprehensive Income | CA$-9.57 Million | -134.9% |
| Other Changes | CA$9.09 Million | +128.21% |
| Total Change | CA$- | -6.61% |
Book Value vs Market Value Analysis
This analysis compares Minaurum Silver 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: 19.02x
- 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 decreased from 34.74x to 19.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-04-30 | CA$0.01 | CA$0.34 | x |
| 2010-04-30 | CA$0.18 | CA$0.34 | x |
| 2011-04-30 | CA$0.25 | CA$0.34 | x |
| 2012-04-30 | CA$0.13 | CA$0.34 | x |
| 2013-04-30 | CA$0.08 | CA$0.34 | x |
| 2014-04-30 | CA$0.05 | CA$0.34 | x |
| 2015-04-30 | CA$0.03 | CA$0.34 | x |
| 2016-04-30 | CA$0.05 | CA$0.34 | x |
| 2017-04-30 | CA$0.03 | CA$0.34 | x |
| 2018-04-30 | CA$0.03 | CA$0.34 | x |
| 2019-04-30 | CA$0.05 | CA$0.34 | x |
| 2020-04-30 | CA$0.03 | CA$0.34 | x |
| 2021-04-30 | CA$0.03 | CA$0.34 | x |
| 2022-04-30 | CA$0.04 | CA$0.34 | x |
| 2023-04-30 | CA$0.03 | CA$0.34 | x |
| 2024-04-30 | CA$0.02 | CA$0.34 | x |
| 2025-04-30 | CA$0.02 | CA$0.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Minaurum Silver Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -80.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (-80.69%) is below the historical average (-62.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -164.17% | 0.00% | 0.00x | 1.12x | CA$-275.00K |
| 2010 | -41.71% | 0.00% | 0.00x | 1.08x | CA$-2.00 Million |
| 2011 | -47.75% | 0.00% | 0.00x | 1.08x | CA$-5.37 Million |
| 2012 | -60.58% | 0.00% | 0.00x | 1.07x | CA$-4.37 Million |
| 2013 | -76.34% | 0.00% | 0.00x | 1.05x | CA$-3.26 Million |
| 2014 | -95.73% | 0.00% | 0.00x | 1.12x | CA$-3.13 Million |
| 2015 | -39.21% | 0.00% | 0.00x | 1.10x | CA$-1.49 Million |
| 2016 | -21.38% | 0.00% | 0.00x | 1.04x | CA$-2.24 Million |
| 2017 | -40.18% | 0.00% | 0.00x | 1.06x | CA$-2.87 Million |
| 2018 | -56.38% | 0.00% | 0.00x | 1.06x | CA$-4.33 Million |
| 2019 | -42.11% | 0.00% | 0.00x | 1.04x | CA$-6.76 Million |
| 2020 | -59.39% | 0.00% | 0.00x | 1.04x | CA$-6.28 Million |
| 2021 | -65.58% | 0.00% | 0.00x | 1.04x | CA$-8.67 Million |
| 2022 | -41.42% | 0.00% | 0.00x | 1.05x | CA$-8.16 Million |
| 2023 | -75.44% | 0.00% | 0.00x | 1.04x | CA$-8.71 Million |
| 2024 | -49.16% | 0.00% | 0.00x | 1.09x | CA$-4.49 Million |
| 2025 | -80.69% | 0.00% | 0.00x | 1.08x | CA$-6.43 Million |
Industry Comparison
This section compares Minaurum Silver Inc.'s net assets metrics with peer companies in the Silver industry.
Industry Context
- Industry: Silver
- Average net assets among peers: $19,964,094
- Average return on equity (ROE) among peers: -15.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Minaurum Silver Inc. (MGG) | CA$10.43 Million | -164.17% | 0.14x | $124.89 Million |
| Silver Mountain Resources Inc (AGMR) | $25.12 Million | -20.95% | 0.10x | $158.25 Million |
| Americore Resources Corp. (AMCO) | $6.59 Million | -26.65% | 0.01x | $7.47 Million |
| Apollo Silver Corp (APGO) | $6.20 Million | -25.19% | 0.02x | $136.66 Million |
| Aya Gold & Silver Inc (AYA) | $140.00 Million | -0.22% | 0.15x | $2.57 Billion |
| Hercules Metals Corp. (BIG) | $239.10K | -17.19% | 0.13x | $129.75 Million |
| Bunker Hill Mining Corp. (BNKR) | $-56.07 Million | 0.00% | 0.00x | $307.44 Million |
| Dolly Varden Silver Corporation (DV) | $12.26 Million | -39.21% | 0.09x | $247.21 Million |
| Endeavour Silver Corp. (EDR) | $55.95 Million | -6.36% | 0.12x | $2.67 Billion |
| Excellon Resources Inc. (EXN) | $-620.09K | 0.00% | 0.00x | $12.37 Million |
| Guanajuato Silver Company Ltd (GSVR) | $9.97 Million | -22.08% | 0.03x | $317.06 Million |
About Minaurum Silver Inc.
Minaurum Silver Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties in Mexico. The company explores for gold, silver, copper, lead, and zinc deposits. Its flagship project is the Alamos Silver Project, which covers an area of approximately 37,928 hectares in Southern Sonora. The company was formerly known as Minaurum Gold Inc. and changed its name … Read more