Metallic Minerals Corp (MMG) - Net Assets
Based on the latest financial reports, Metallic Minerals Corp (MMG) has net assets worth CA$10.33 Million CAD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$11.20 Million) and total liabilities (CA$861.37K). 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$10.33 Million |
| % of Total Assets | 92.31% |
| Annual Growth Rate | 12.8% |
| 5-Year Change | 30.4% |
| 10-Year Change | 1446.36% |
| Growth Volatility | 96.41 |
Metallic Minerals Corp - Net Assets Trend (2010–2025)
This chart illustrates how Metallic Minerals Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Metallic Minerals Corp (2010–2025)
The table below shows the annual net assets of Metallic Minerals Corp from 2010 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | CA$10.59 Million | +35.97% |
| 2024-07-31 | CA$7.79 Million | -27.52% |
| 2023-07-31 | CA$10.75 Million | +27.82% |
| 2022-07-31 | CA$8.41 Million | +3.52% |
| 2021-07-31 | CA$8.12 Million | +260.59% |
| 2020-07-31 | CA$2.25 Million | +16.13% |
| 2019-07-31 | CA$1.94 Million | +29.90% |
| 2018-07-31 | CA$1.49 Million | -21.71% |
| 2017-07-31 | CA$1.91 Million | +178.44% |
| 2016-07-31 | CA$685.05K | +249.80% |
| 2015-07-31 | CA$-457.30K | -2.78% |
| 2014-07-31 | CA$-444.92K | -110.66% |
| 2013-07-31 | CA$4.17 Million | +3.98% |
| 2012-07-31 | CA$4.01 Million | -13.06% |
| 2011-07-31 | CA$4.61 Million | +165.38% |
| 2010-07-31 | CA$1.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Metallic Minerals Corp'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 4552057100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$56.69 Million | 535.15% |
| Total Equity | CA$10.59 Million | 100.00% |
Metallic Minerals Corp Competitors by Market Cap
The table below lists competitors of Metallic Minerals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unibios Holdings S.A
AT:BIOSK
|
$45.35 Million |
|
Laurion Mineral Exploration Inc
V:LME
|
$45.36 Million |
|
Daiyang Metal
KO:009190
|
$45.37 Million |
|
Beryl 8 Plus Public Company Limited
BK:BE8
|
$45.38 Million |
|
SelfWealth Limited
AU:SWF
|
$45.34 Million |
|
Gold Hydrogen Ltd
AU:GHY
|
$45.33 Million |
|
Jindalee Lithium Ltd
AU:JLL
|
$45.32 Million |
|
Cyviz AS
OL:CYVIZ
|
$45.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metallic Minerals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,790,762 to 10,593,263, a change of 2,802,501 (36.0%).
- Net loss of 3,781,424 reduced equity.
- New share issuances of 6,013,618 increased equity.
- Other factors increased equity by 570,307.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.78 Million | -35.7% |
| Share Issuances | CA$6.01 Million | +56.77% |
| Other Changes | CA$570.31K | +5.38% |
| Total Change | CA$- | 35.97% |
Book Value vs Market Value Analysis
This analysis compares Metallic Minerals Corp'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: 5.69x
- 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 0.28x to 5.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-07-31 | CA$1.04 | CA$0.30 | x |
| 2011-07-31 | CA$1.98 | CA$0.30 | x |
| 2012-07-31 | CA$1.39 | CA$0.30 | x |
| 2013-07-31 | CA$1.37 | CA$0.30 | x |
| 2014-07-31 | CA$-0.14 | CA$0.30 | x |
| 2015-07-31 | CA$-0.14 | CA$0.30 | x |
| 2016-07-31 | CA$0.21 | CA$0.30 | x |
| 2017-07-31 | CA$0.05 | CA$0.30 | x |
| 2018-07-31 | CA$0.03 | CA$0.30 | x |
| 2019-07-31 | CA$0.03 | CA$0.30 | x |
| 2020-07-31 | CA$0.02 | CA$0.30 | x |
| 2021-07-31 | CA$0.07 | CA$0.30 | x |
| 2022-07-31 | CA$0.06 | CA$0.30 | x |
| 2023-07-31 | CA$0.07 | CA$0.30 | x |
| 2024-07-31 | CA$0.04 | CA$0.30 | x |
| 2025-07-31 | CA$0.05 | CA$0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metallic Minerals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -35.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.14x
- Recent ROE (-35.70%) is above the historical average (-68.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -2.73% | 0.00% | 0.00x | 1.20x | CA$-221.46K |
| 2011 | -29.55% | 0.00% | 0.00x | 1.03x | CA$-1.83 Million |
| 2012 | -16.46% | -2749.21% | 0.01x | 1.14x | CA$-1.06 Million |
| 2013 | 1.52% | 50.76% | 0.03x | 1.10x | CA$-353.76K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-4.58 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$33.35K |
| 2016 | -17.31% | 0.00% | 0.00x | 1.11x | CA$-187.06K |
| 2017 | -134.80% | 0.00% | 0.00x | 1.27x | CA$-2.76 Million |
| 2018 | -295.13% | 0.00% | 0.00x | 1.88x | CA$-4.56 Million |
| 2019 | -129.70% | 0.00% | 0.00x | 1.10x | CA$-2.71 Million |
| 2020 | -142.74% | 0.00% | 0.00x | 1.52x | CA$-3.44 Million |
| 2021 | -92.23% | 0.00% | 0.00x | 1.03x | CA$-8.30 Million |
| 2022 | -85.55% | 0.00% | 0.00x | 1.08x | CA$-8.04 Million |
| 2023 | -45.80% | 0.00% | 0.00x | 1.06x | CA$-6.00 Million |
| 2024 | -77.09% | 0.00% | 0.00x | 1.10x | CA$-6.78 Million |
| 2025 | -35.70% | 0.00% | 0.00x | 1.14x | CA$-4.84 Million |
Industry Comparison
This section compares Metallic Minerals Corp's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $10,543,671
- Average return on equity (ROE) among peers: -5062.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metallic Minerals Corp (MMG) | CA$10.33 Million | -2.73% | 0.08x | $45.34 Million |
| AbraSilver Resource Corp. (ABRA) | $400.64K | -52.81% | 0.13x | $1.89 Billion |
| AC/DC Battery Metals Inc. (ACDC) | $1.79 Million | -31.70% | 0.02x | $1.88 Million |
| Archon Minerals Ltd (ACS) | $31.39K | -50144.47% | 2027.88x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $4.13 Million | -73.65% | 0.19x | $1.73 Million |
| Adamera Minerals Corp. (ADZ) | $591.38K | -199.89% | 1.34x | $4.95 Million |
| Alaska Energy Metals Corporation (AEMC) | $5.31 Million | -25.82% | 0.25x | $13.73 Million |
| Argonaut Exploration Inc. (AGA) | $13.79 Million | -73.47% | 0.21x | $96.32 Million |
| Clean Air Metals Inc (AIR) | $38.86 Million | -12.39% | 0.09x | $11.78 Million |
| American Creek Resources Ltd (AMK) | $16.37 Million | -9.41% | 0.06x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $24.16 Million | -1.79% | 0.01x | $3.47 Million |
About Metallic Minerals Corp
Metallic Minerals Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. It explores for silver, gold, copper, platinum, and PGE deposits. The company was formerly known as Monster Mining Corp. and changed its name to Metallic Minerals Corp. in September 2016. Metallic Minerals Corp. was incorporated in 2007 and is headquartered in Va… Read more