NMC Resource Corporation
Nations Royalty Corp., a royalty company, focuses on acquiring royalties in the resource sector in Canada. It has royalty interests in the Brucejack Project, Premier Project, Red Mountain Project, KSM Project, and Kitsault Project. The company is headquartered in Vancouver, Canada.
NMC Resource Corporation (NRC) - Net Assets
Latest net assets as of November 2025: CA$4.49 Million CAD
Based on the latest financial reports, NMC Resource Corporation (NRC) has net assets worth CA$4.49 Million CAD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.60 Million) and total liabilities (CA$105.41K). 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$4.49 Million |
| % of Total Assets | 97.71% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
NMC Resource Corporation - Net Assets Trend (2022–2025)
This chart illustrates how NMC Resource Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NMC Resource Corporation (2022–2025)
The table below shows the annual net assets of NMC Resource Corporation from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | CA$5.52 Million | +739.87% |
| 2024-05-31 | CA$-863.38K | -336.00% |
| 2023-05-31 | CA$365.83K | +239.00% |
| 2022-05-31 | CA$-263.19K | -- |
Equity Component Analysis
This analysis shows how different components contribute to NMC Resource Corporation'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 2299234700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$34.07 Million | 616.76% |
| Total Equity | CA$5.52 Million | 100.00% |
NMC Resource Corporation Competitors by Market Cap
The table below lists competitors of NMC Resource Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZUARI INDUSTRIES LIMITED
NSE:ZUARIIND
|
$29.53 Million |
|
S Connect Co. LTD
KQ:096630
|
$29.53 Million |
|
Gaush Meditech Ltd
F:F7Y
|
$29.55 Million |
|
Vranken-Pommery Monopole Société Anonyme
PA:VRAP
|
$29.55 Million |
|
TV Today Network Limited
NSE:TVTODAY
|
$29.52 Million |
|
Fuel Tech Inc
NASDAQ:FTEK
|
$29.52 Million |
|
Tanami Gold NL
AU:TAM
|
$29.52 Million |
|
Aclara Resources Inc
PINK:ARAAF
|
$29.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NMC Resource Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -863,378 to 5,524,483, a change of 6,387,861.
- Net loss of 28,548,428 reduced equity.
- Other factors increased equity by 34,936,289.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-28.55 Million | -516.76% |
| Other Changes | CA$34.94 Million | +632.39% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares NMC Resource Corporation'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: 28.56x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-05-31 | CA$0.00 | CA$1.09 | x |
| 2023-05-31 | CA$0.00 | CA$1.09 | x |
| 2024-05-31 | CA$-0.01 | CA$1.09 | x |
| 2025-05-31 | CA$0.04 | CA$1.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NMC Resource Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -516.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3383.54%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.02x
- Recent ROE (-516.76%) is below the historical average (-146.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-36.76K |
| 2023 | -67.29% | 0.00% | 0.00x | 2.46x | CA$-282.77K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.20 Million |
| 2025 | -516.76% | -3383.54% | 0.15x | 1.02x | CA$-29.10 Million |
Industry Comparison
This section compares NMC Resource Corporation'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: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NMC Resource Corporation (NRC) | CA$4.49 Million | 0.00% | 0.02x | $29.53 Million |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |