New Age Metals Inc (NAM) - Net Assets

Latest as of October 2025: CA$17.04 Million CAD

Based on the latest financial reports, New Age Metals Inc (NAM) has net assets worth CA$17.04 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$17.29 Million) and total liabilities (CA$249.23K). 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$17.04 Million
% of Total Assets 98.56%
Annual Growth Rate 8.09%
5-Year Change 4.29%
10-Year Change N/A
Growth Volatility 96.91

New Age Metals Inc - Net Assets Trend (2002–2025)

This chart illustrates how New Age Metals Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for New Age Metals Inc (2002–2025)

The table below shows the annual net assets of New Age Metals Inc from 2002 to 2025.

Year Net Assets Change
2025-04-30 CA$13.06 Million -3.76%
2024-04-30 CA$13.57 Million -4.58%
2023-04-30 CA$14.22 Million -4.13%
2022-04-30 CA$14.84 Million +18.46%
2021-04-30 CA$12.52 Million +171.78%
2020-04-30 CA$4.61 Million +59.12%
2019-04-30 CA$2.90 Million +0.58%
2018-04-30 CA$2.88 Million -18.22%
2017-04-30 CA$3.52 Million +470.89%
2016-04-30 CA$-949.31K +34.20%
2015-04-30 CA$-1.44 Million -115.05%
2014-04-30 CA$9.59 Million -3.37%
2013-04-30 CA$9.92 Million -22.39%
2012-04-30 CA$12.79 Million -15.29%
2011-04-30 CA$15.09 Million +34.10%
2010-04-30 CA$11.26 Million +6.40%
2009-04-30 CA$10.58 Million -37.25%
2008-04-30 CA$16.86 Million +134.94%
2007-04-30 CA$7.18 Million +27.77%
2006-04-30 CA$5.62 Million -5.35%
2005-04-30 CA$5.93 Million -16.12%
2004-04-30 CA$7.08 Million +375.67%
2003-04-30 CA$1.49 Million -31.85%
2002-04-30 CA$2.18 Million --

Equity Component Analysis

This analysis shows how different components contribute to New Age Metals 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 4734161700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (April 2025)

Component Amount Percentage
Other Components CA$64.33 Million 492.50%
Total Equity CA$13.06 Million 100.00%

New Age Metals Inc Competitors by Market Cap

The table below lists competitors of New Age Metals Inc ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in New Age Metals Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 13,572,115 to 13,062,296, a change of -509,819 (-3.8%).
  • Net loss of 509,819 reduced equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$-509.82K -3.9%
Total Change CA$- -3.76%

Book Value vs Market Value Analysis

This analysis compares New Age Metals 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: 1.55x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.38x to 1.55x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-04-30 CA$0.97 CA$0.37 x
2003-04-30 CA$0.64 CA$0.37 x
2004-04-30 CA$2.21 CA$0.37 x
2005-04-30 CA$1.68 CA$0.37 x
2006-04-30 CA$1.44 CA$0.37 x
2007-04-30 CA$1.71 CA$0.37 x
2008-04-30 CA$2.84 CA$0.37 x
2009-04-30 CA$1.54 CA$0.37 x
2010-04-30 CA$1.61 CA$0.37 x
2011-04-30 CA$1.96 CA$0.37 x
2012-04-30 CA$1.18 CA$0.37 x
2013-04-30 CA$0.86 CA$0.37 x
2014-04-30 CA$0.78 CA$0.37 x
2015-04-30 CA$-0.09 CA$0.37 x
2016-04-30 CA$-0.05 CA$0.37 x
2017-04-30 CA$0.11 CA$0.37 x
2018-04-30 CA$0.04 CA$0.37 x
2019-04-30 CA$0.03 CA$0.37 x
2020-04-30 CA$0.04 CA$0.37 x
2021-04-30 CA$0.11 CA$0.37 x
2022-04-30 CA$0.07 CA$0.37 x
2023-04-30 CA$0.06 CA$0.37 x
2024-04-30 CA$0.24 CA$0.37 x
2025-04-30 CA$0.24 CA$0.37 x

Capital Efficiency Dashboard

This dashboard shows how efficiently New Age Metals 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): -3.90%
  • 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: 1.01x
  • Recent ROE (-3.90%) is above the historical average (-22.72%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 -65.16% 0.00% 0.00x 1.66x CA$-1.64 Million
2003 -88.99% 0.00% 0.00x 1.20x CA$-1.47 Million
2004 -18.03% 0.00% 0.00x 1.02x CA$-1.98 Million
2005 -31.92% 0.00% 0.00x 1.02x CA$-2.49 Million
2006 -23.94% 0.00% 0.00x 1.01x CA$-1.91 Million
2007 -17.15% 0.00% 0.00x 1.02x CA$-1.95 Million
2008 -5.24% 0.00% 0.00x 1.01x CA$-2.57 Million
2009 -50.61% 0.00% 0.00x 1.43x CA$-6.41 Million
2010 -6.85% 0.00% 0.00x 1.01x CA$-1.90 Million
2011 -28.59% 0.00% 0.00x 1.03x CA$-5.83 Million
2012 -39.01% 0.00% 0.00x 1.03x CA$-6.27 Million
2013 -23.60% 0.00% 0.00x 1.01x CA$-3.33 Million
2014 -9.39% 0.00% 0.00x 1.01x CA$-1.86 Million
2015 0.00% 0.00% 0.00x 0.00x CA$-11.03 Million
2016 0.00% 0.00% 0.00x 0.00x CA$-1.54 Million
2017 -2.39% 0.00% 0.00x 1.04x CA$-436.34K
2018 -48.49% 0.00% 0.00x 1.09x CA$-1.68 Million
2019 -45.12% 0.00% 0.00x 1.08x CA$-1.60 Million
2020 -13.70% 0.00% 0.00x 1.02x CA$-1.09 Million
2021 -5.74% 0.00% 0.00x 1.03x CA$-1.97 Million
2022 -7.97% 0.00% 0.00x 1.02x CA$-2.67 Million
2023 -4.57% 0.00% 0.00x 1.03x CA$-2.07 Million
2024 -4.85% 0.00% 0.00x 1.14x CA$-2.01 Million
2025 -3.90% 0.00% 0.00x 1.01x CA$-1.82 Million

Industry Comparison

This section compares New Age Metals 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: $-404,510
  • Average return on equity (ROE) among peers: 31.84%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
New Age Metals Inc (NAM) CA$17.04 Million -65.16% 0.01x $19.25 Million
Aftermath Silver Ltd (AAG) $25.06 Million -33.91% 0.29x $215.07 Million
Aton Resources Inc (AAN) $-1.50 Million 0.00% 0.00x $52.55 Million
Asbestos Corporation Limited (AB-H) $-22.33 Million 0.00% 0.00x $1.85 Million
Arbor Metals Corp (ABR) $3.78 Million -10.88% 0.34x $10.15 Million
Asiabasemetals Inc (ABZ) $-30.55K 0.00% 0.00x $5.75 Million
Adex Mining Inc (ADE) $-30.95 Million 0.00% 0.00x $27.09 Million
AE Fuels Corporation (AEF) $423.41K -11.49% 0.28x $4.95 Million
Alphamin Res (AFM) $272.15K -48.58% 0.07x $1.27 Billion
African Metals Corporation (AFR) $2.33 Million 446.81% 0.22x $1.00 Million
Silver X Mining Corp (AGX) $18.90 Million -23.55% 1.85x $148.73 Million

About New Age Metals Inc

V:NAM Canada Other Industrial Metals & Mining
Market Cap
$19.25 Million
CA$26.61 Million CAD
Market Cap Rank
#28222 Global
#958 in Canada
Share Price
CA$0.37
Change (1 day)
+5.80%
52-Week Range
CA$0.10 - CA$0.60
All Time High
CA$0.84
About

New Age Metals Inc. acquires, explores, and develops platinum group metals (PGMs), precious metals, base metals, and green metals lithium in Canada and the United States. The company explores for rhodium, palladium, platinum, gold, antimony, nickel, copper, and lithium deposits. Its flagship project is the 100% owned River Valley palladium project, which consists of two mining leases covering an … Read more