Metallis Resources Inc. (MTS) - Net Assets
Based on the latest financial reports, Metallis Resources Inc. (MTS) has net assets worth CA$533.22K CAD (≈ $385.73K 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$869.22K ≈ $628.78K USD) and total liabilities (CA$335.99K ≈ $243.05K 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 Metallis Resources Inc. asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$533.22K |
| % of Total Assets | 61.35% |
| Annual Growth Rate | 2.96% |
| 5-Year Change | -95.83% |
| 10-Year Change | N/A |
| Growth Volatility | 95.16 |
Metallis Resources Inc. - Net Assets Trend (2007–2024)
This chart illustrates how Metallis Resources Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Metallis Resources Inc. total assets for the complete picture of this company's asset base.
Annual Net Assets for Metallis Resources Inc. (2007–2024)
The table below shows the annual net assets of Metallis Resources Inc. from 2007 to 2024. For live valuation and market cap data, see MTS stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$466.69K ≈ $337.59K |
+643.08% |
| 2023-12-31 | CA$-85.93K ≈ $-62.16K |
-100.58% |
| 2022-12-31 | CA$14.75 Million ≈ $10.67 Million |
+7.67% |
| 2021-12-31 | CA$13.70 Million ≈ $9.91 Million |
+22.37% |
| 2020-12-31 | CA$11.19 Million ≈ $8.10 Million |
+32.03% |
| 2019-12-31 | CA$8.48 Million ≈ $6.13 Million |
+20.46% |
| 2018-12-31 | CA$7.04 Million ≈ $5.09 Million |
+43.25% |
| 2017-12-31 | CA$4.91 Million ≈ $3.55 Million |
+26544.81% |
| 2016-12-31 | CA$-18.58K ≈ $-13.44K |
+86.41% |
| 2015-12-31 | CA$-136.71K ≈ $-98.90K |
-139.27% |
| 2014-12-31 | CA$348.16K ≈ $251.86K |
+109.89% |
| 2013-12-31 | CA$165.88K ≈ $119.99K |
-84.65% |
| 2012-12-31 | CA$1.08 Million ≈ $781.81K |
+2.41% |
| 2011-12-31 | CA$1.06 Million ≈ $763.45K |
-50.44% |
| 2010-12-31 | CA$2.13 Million ≈ $1.54 Million |
+216.21% |
| 2009-12-31 | CA$673.46K ≈ $487.17K |
+169.45% |
| 2008-12-31 | CA$249.94K ≈ $180.80K |
-12.01% |
| 2007-12-31 | CA$284.06K ≈ $205.49K |
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Equity Component Analysis
This analysis shows how different components contribute to Metallis Resources 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 2895971000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$29.55 Million | 6332.94% |
| Total Equity | CA$466.69K | 100.00% |
Metallis Resources Inc. Competitors by Market Cap
The table below lists competitors of Metallis Resources Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Crescita Therapeutics Inc
TO:CTX
|
$10.23 Million |
|
SolGold PLC
LSE:SOLG
|
$10.25 Million |
|
Highfield Resources Ltd
F:23H
|
$10.25 Million |
|
Checkin.com Group AB
ST:CHECK
|
$10.26 Million |
|
Scandinavian ChemoTech AB Series B
ST:CMOTEC-B
|
$10.22 Million |
|
The Motor & General Finance Limited
NSE:MOTOGENFIN
|
$10.22 Million |
|
Palash Securities Limited
NSE:PALASHSECU
|
$10.20 Million |
|
Elementis PLC
LSE:ELM
|
$10.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metallis Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -85,933 to 466,686, a change of 552,619.
- Net loss of 1,041,144 reduced equity.
- New share issuances of 1,404,695 increased equity.
- Other comprehensive income decreased equity by 4,427,305.
- Other factors increased equity by 4,616,373.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.04 Million | -223.09% |
| Share Issuances | CA$1.40 Million | +300.99% |
| Other Comprehensive Income | CA$-4.43 Million | -948.67% |
| Other Changes | CA$4.62 Million | +989.18% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Metallis Resources 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: 26.62x
- 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 0.16x to 26.62x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CA$1.05 | CA$0.17 | x |
| 2008-12-31 | CA$0.31 | CA$0.17 | x |
| 2009-12-31 | CA$0.19 | CA$0.17 | x |
| 2010-12-31 | CA$0.40 | CA$0.17 | x |
| 2011-12-31 | CA$0.17 | CA$0.17 | x |
| 2012-12-31 | CA$0.15 | CA$0.17 | x |
| 2013-12-31 | CA$0.02 | CA$0.17 | x |
| 2014-12-31 | CA$0.03 | CA$0.17 | x |
| 2015-12-31 | CA$-0.01 | CA$0.17 | x |
| 2016-12-31 | CA$0.00 | CA$0.17 | x |
| 2017-12-31 | CA$0.22 | CA$0.17 | x |
| 2018-12-31 | CA$0.22 | CA$0.17 | x |
| 2019-12-31 | CA$0.25 | CA$0.17 | x |
| 2020-12-31 | CA$0.29 | CA$0.17 | x |
| 2021-12-31 | CA$0.27 | CA$0.17 | x |
| 2022-12-31 | CA$0.26 | CA$0.17 | x |
| 2023-12-31 | CA$0.00 | CA$0.17 | x |
| 2024-12-31 | CA$0.01 | CA$0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metallis Resources Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -223.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.20x
- Recent ROE (-223.09%) is below the historical average (-77.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -45.25% | 0.00% | 0.00x | 1.04x | CA$-156.93K |
| 2008 | -13.65% | 0.00% | 0.00x | 1.04x | CA$-59.12K |
| 2009 | -61.76% | 0.00% | 0.00x | 1.20x | CA$-483.25K |
| 2010 | -103.60% | 0.00% | 0.00x | 1.33x | CA$-2.42 Million |
| 2011 | -183.13% | 0.00% | 0.00x | 1.89x | CA$-2.04 Million |
| 2012 | -58.35% | 0.00% | 0.00x | 1.74x | CA$-738.72K |
| 2013 | -609.09% | 0.00% | 0.00x | 3.16x | CA$-1.03 Million |
| 2014 | -34.90% | 0.00% | 0.00x | 1.72x | CA$-156.33K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-595.23K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-404.34K |
| 2017 | -9.63% | 0.00% | 0.00x | 1.02x | CA$-964.58K |
| 2018 | -25.63% | 0.00% | 0.00x | 1.01x | CA$-2.51 Million |
| 2019 | -4.25% | 0.00% | 0.00x | 1.05x | CA$-1.21 Million |
| 2020 | -5.02% | 0.00% | 0.00x | 1.03x | CA$-1.68 Million |
| 2021 | -12.03% | 0.00% | 0.00x | 1.00x | CA$-3.02 Million |
| 2022 | -4.99% | 0.00% | 0.00x | 1.02x | CA$-2.21 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-652.24K |
| 2024 | -223.09% | 0.00% | 0.00x | 1.20x | CA$-1.09 Million |
Industry Comparison
This section compares Metallis Resources Inc.'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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metallis Resources Inc. (MTS) | CA$533.22K | -45.25% | 0.63x | $10.23 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Metallis Resources Inc.
Metallis Resources Inc. engages in the exploration and evaluation of mineral resource properties in the United States and Canada. The company primarily explores for gold, copper, silver, and nickel deposits. It holds 100% interests in the Kirkham property with 30 contiguous claims covering an area of approximately 10,610 hectares located in northwestern British Columbia; and 100% interests in the… Read more