Millennium Silver Corp (MSC) - Net Assets
Based on the latest financial reports, Millennium Silver Corp (MSC) has net assets worth CA$-387.08K CAD (≈ $-280.01K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$126.75K ≈ $91.69K USD) and total liabilities (CA$513.83K ≈ $371.69K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read MSC total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-387.08K |
| % of Total Assets | -305.39% |
| Annual Growth Rate | N/A |
| 5-Year Change | -106.71% |
| 10-Year Change | N/A |
| Growth Volatility | 43.14 |
Millennium Silver Corp - Net Assets Trend (2017–2024)
This chart illustrates how Millennium Silver Corp's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Millennium Silver Corp for the complete picture of this company's asset base.
Annual Net Assets for Millennium Silver Corp (2017–2024)
The table below shows the annual net assets of Millennium Silver Corp from 2017 to 2024. For live valuation and market cap data, see Millennium Silver Corp (MSC) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-418.83K ≈ $-302.97K |
+10.22% |
| 2023-12-31 | CA$-466.52K ≈ $-337.47K |
-107.39% |
| 2022-12-31 | CA$6.31 Million ≈ $4.57 Million |
+3.90% |
| 2021-12-31 | CA$6.07 Million ≈ $4.39 Million |
-2.67% |
| 2020-12-31 | CA$6.24 Million ≈ $4.51 Million |
+10.84% |
| 2019-12-31 | CA$5.63 Million ≈ $4.07 Million |
-12.52% |
| 2018-12-31 | CA$6.44 Million ≈ $4.66 Million |
+23.12% |
| 2017-12-31 | CA$5.23 Million ≈ $3.78 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Millennium Silver 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 838551400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$23.33 Million | % |
| Total Equity | CA$-418.83K | 100.00% |
Millennium Silver Corp Competitors by Market Cap
The table below lists competitors of Millennium Silver Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NORTHSTAR GOLD CORP.
F:3WV
|
$3.21 Million |
|
Appulse Corp
V:APL
|
$3.21 Million |
|
Miramar Resources Ltd
AU:M2R
|
$3.21 Million |
|
The Biotech Growth Trust PLC
LSE:BIOG
|
$3.21 Million |
|
Kuniko Ltd
AU:KNI
|
$3.20 Million |
|
8I Holdings Ltd
AU:8IH
|
$3.20 Million |
|
Syra Health Corp. Class A Common Stock
NASDAQ:SYRA
|
$3.20 Million |
|
EQTEC plc
LSE:EQT
|
$3.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Millennium Silver Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -466,517 to -418,828, a change of 47,689.
- Net loss of 138,993 reduced equity.
- Other factors increased equity by 186,682.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-138.99K | -33.19% |
| Other Changes | CA$186.68K | +44.57% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Millennium Silver 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.03 | CA$0.02 | x |
| 2018-12-31 | CA$0.04 | CA$0.02 | x |
| 2019-12-31 | CA$0.03 | CA$0.02 | x |
| 2020-12-31 | CA$0.03 | CA$0.02 | x |
| 2021-12-31 | CA$0.03 | CA$0.02 | x |
| 2022-12-31 | CA$0.03 | CA$0.02 | x |
| 2023-12-31 | CA$0.00 | CA$0.02 | x |
| 2024-12-31 | CA$0.00 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Millennium Silver Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-4.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -11.48% | 0.00% | 0.00x | 1.02x | CA$-1.12 Million |
| 2018 | -4.67% | 0.00% | 0.00x | 1.03x | CA$-944.39K |
| 2019 | -8.99% | 0.00% | 0.00x | 1.08x | CA$-1.07 Million |
| 2020 | -4.44% | 0.00% | 0.00x | 1.02x | CA$-900.99K |
| 2021 | -5.31% | 0.00% | 0.00x | 1.02x | CA$-929.65K |
| 2022 | -3.09% | 0.00% | 0.00x | 1.05x | CA$-826.36K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-6.60 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-97.11K |
Industry Comparison
This section compares Millennium Silver 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: $15,138,265
- Average return on equity (ROE) among peers: -30.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Millennium Silver Corp (MSC) | CA$-387.08K | -11.48% | N/A | $3.20 Million |
| AbraSilver Resource Corp. (ABRA) | $-379.36K | 0.00% | 0.00x | $1.97 Billion |
| Archon Minerals Ltd (ACS) | $-749.69K | 0.00% | 0.00x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $2.06 Million | -33.58% | 0.13x | $1.73 Million |
| Adyton Resources Corp (ADY) | $12.60 Million | -18.74% | 0.03x | $80.71 Million |
| Adamera Minerals Corp. (ADZ) | $4.33 Million | -30.35% | 0.10x | $3.91 Million |
| Austral Gold Ltd (AGLD) | $80.97 Million | 9.21% | 0.87x | $69.64 Million |
| Clean Air Metals Inc (AIR) | $35.73 Million | -9.88% | 0.10x | $12.23 Million |
| Alpha Exploration Ltd (ALEX) | $7.30 Million | -10.62% | 0.17x | $43.40 Million |
| American Creek Resources Ltd (AMK) | $2.36 Million | -67.11% | 0.29x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $7.16 Million | -141.18% | 0.01x | $3.47 Million |
About Millennium Silver Corp
Millennium Silver Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. It primarily explores for silver, gold, lead, and zinc deposits. The company holds interests in the Silver Peak silver-gold project, which consists of 211 claims covering an area of 4,000 acres located in southwest Nevada; and the Simon Mine silver-lead-zinc proje… Read more