Montero Mining and Exploration Ltd Net Assets

Latest as of March 2026: CA$2.92 Million CAD ≈ $2.11 Million USD

Montero Mining and Exploration Ltd net assets. Based on the latest financial reports, Montero Mining and Exploration Ltd (MON) has net assets worth CA$2.92 Million CAD (≈ $2.11 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.26 Million ≈ $2.36 Million USD) and total liabilities (CA$332.47K ≈ $240.50K 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. Also explore Montero Mining and Exploration Ltd (MON) equity growth momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$2.92 Million
% of Total Assets	89.79%
Annual Growth Rate	-9.41%
5-Year Change	866.59%
10-Year Change	101.7%
Growth Volatility	116.85

Net Assets of Montero Mining and Exploration Ltd (2013–2025)

Net assets of Montero Mining and Exploration Ltd from 2013 to 2025. This chart illustrates how Montero Mining and Exploration Ltd's net assets have evolved over time, based on quarterly financial data. See MON net asset quality score to measure how much of total assets are equity-financed.

Annual Net Assets for Montero Mining and Exploration Ltd (2013–2025)

The table below shows the annual net assets of Montero Mining and Exploration Ltd from 2013 to 2025. For live market cap and overall valuation, see Montero Mining and Exploration Ltd (MON) market capitalisation.

Year	Net Assets	Change
2025-12-31	CA$3.21 Million ≈ $2.32 Million	-84.65%
2024-12-31	CA$20.93 Million ≈ $15.14 Million	+2852.02%
2023-12-31	CA$-760.38K ≈ $-550.05K	-372.77%
2022-12-31	CA$-160.83K ≈ $-116.34K	-148.38%
2021-12-31	CA$332.42K ≈ $240.47K	-80.06%
2020-12-31	CA$1.67 Million ≈ $1.21 Million	+457.54%
2019-12-31	CA$-466.23K ≈ $-337.27K	-351.28%
2018-12-31	CA$185.54K ≈ $134.22K	-92.74%
2017-12-31	CA$2.56 Million ≈ $1.85 Million	+60.52%
2016-12-31	CA$1.59 Million ≈ $1.15 Million	+61.63%
2015-12-31	CA$985.58K ≈ $712.95K	-12.45%
2014-12-31	CA$1.13 Million ≈ $814.37K	-89.30%
2013-12-31	CA$10.52 Million ≈ $7.61 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Montero Mining and Exploration 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 1811007200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Montero Mining and Exploration Ltd Net Assets Breakdown (December 2025)

Montero Mining and Exploration Ltd net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Other Components	CA$31.85 Million	991.22%
Total Equity	CA$3.21 Million	100.00%

Montero Mining and Exploration Ltd Competitors by Market Cap

The table below lists competitors of Montero Mining and Exploration Ltd ranked by their market capitalization.

Company	Market Cap
WORK Medical Technology Group LTD Ordinary Shares NASDAQ:WOK	$2.42 Million
Novra Technologies Inc V:NVI	$2.42 Million
Oragenics Inc NYSE MKT:OGEN	$2.42 Million
GECI International SA PA:ALGEC	$2.42 Million
Performance One AG F:PO1	$2.41 Million
Roadman Investments Corp V:LITT	$2.41 Million
Neurizer Ltd AU:NRZ	$2.41 Million
Lithium Energi Exploration Inc V:LEXI	$2.41 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Montero Mining and Exploration Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 20,925,846 to 3,213,140, a change of -17,712,706 (-84.6%).
Net loss of 2,715,719 reduced equity.
Dividend payments of 15,036,893 reduced retained earnings.
Other factors increased equity by 39,906.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-2.72 Million	-84.52%
Dividends Paid	CA$15.04 Million	-467.98%
Other Changes	CA$39.91K	+1.24%
Total Change	CA$-	-84.65%

Book Value vs Market Value Analysis

This analysis compares Montero Mining and Exploration 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: 1.03x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 2.84x to 1.03x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	CA$0.14	CA$0.40	x
2018-12-31	CA$0.01	CA$0.40	x
2019-12-31	CA$-0.02	CA$0.40	x
2020-12-31	CA$0.04	CA$0.40	x
2021-12-31	CA$0.01	CA$0.40	x
2022-12-31	CA$0.00	CA$0.40	x
2023-12-31	CA$-0.12	CA$0.40	x
2024-12-31	CA$2.50	CA$0.40	x
2025-12-31	CA$0.38	CA$0.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Montero Mining and Exploration 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): -84.52%
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: 1.09x
Recent ROE (-84.52%) is above the historical average (-259.79%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	-8.65%	0.00%	0.00x	1.09x	CA$-1.96 Million
2014	-894.44%	0.00%	0.00x	2.17x	CA$-10.18 Million
2015	-30.62%	0.00%	0.00x	2.63x	CA$-400.32K
2016	6.13%	0.00%	0.00x	1.59x	CA$-61.60K
2017	-17.17%	0.00%	0.00x	1.08x	CA$-694.65K
2018	-1977.52%	0.00%	0.00x	2.52x	CA$-3.69 Million
2019	0.00%	0.00%	0.00x	0.00x	CA$-610.93K
2020	-43.98%	-285.33%	0.12x	1.25x	CA$-899.86K
2021	-411.99%	-532.98%	0.33x	2.32x	CA$-1.40 Million
2022	0.00%	0.00%	0.00x	0.00x	CA$-477.17K
2023	0.00%	0.00%	0.00x	0.00x	CA$-523.51K
2024	85.43%	0.00%	0.00x	1.04x	CA$15.78 Million
2025	-84.52%	0.00%	0.00x	1.09x	CA$-3.04 Million

Industry Comparison

This section compares Montero Mining and Exploration Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

Industry: Other Industrial Metals & Mining
Average net assets among peers: $46,668,296
Average return on equity (ROE) among peers: -10.41%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Montero Mining and Exploration Ltd (MON)	CA$2.92 Million	-8.65%	0.11x	$2.42 Million
Aftermath Silver Ltd (AAG)	$36.37 Million	-38.94%	0.14x	$105.07 Million
Aton Resources Inc (AAN)	$-970.51K	0.00%	0.00x	$33.19 Million
Arbor Metals Corp (ABR)	$584.31K	-19.85%	0.08x	$4.10 Million
Asiabasemetals Inc (ABZ)	$717.72K	-45.73%	0.05x	$1.82 Million
Adex Mining Inc (ADE)	$-30.95 Million	0.00%	0.00x	$66.13 Million
Alphamin Res (AFM)	$390.07 Million	25.84%	0.48x	$1.17 Billion
Silver X Mining Corp (AGX)	$38.37 Million	-47.47%	0.73x	$128.73 Million
Amarc Resources Ltd. (AHR)	$-809.72K	0.00%	0.00x	$165.20 Million
Almonty Industries Inc (AII)	$47.10 Million	22.07%	0.87x	$3.18 Billion
Aldebaran Resources Inc (ALDE)	$-13.79 Million	0.00%	0.00x	$464.02 Million

About Montero Mining and Exploration Ltd

V:MON Canada Other Industrial Metals & Mining

Market Cap

$2.42 Million

CA$3.34 Million CAD

Market Cap Rank

#29803 Global

#1425 in Canada

Share Price

CA$0.40

Change (1 day)

-1.25%

52-Week Range

CA$0.39 - CA$0.86

All Time High

CA$1.96