Omineca Mining and Metals Ltd (OMM) - Net Assets
Based on the latest financial reports, Omineca Mining and Metals Ltd (OMM) has net assets worth CA$5.88 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$19.47 Million) and total liabilities (CA$13.59 Million). 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$5.88 Million |
| % of Total Assets | 30.2% |
| Annual Growth Rate | 8.4% |
| 5-Year Change | 57.42% |
| 10-Year Change | 1168.96% |
| Growth Volatility | 123.5 |
Omineca Mining and Metals Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Omineca Mining and Metals Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Omineca Mining and Metals Ltd (2007–2024)
The table below shows the annual net assets of Omineca Mining and Metals Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$7.26 Million | +13.99% |
| 2023-12-31 | CA$6.37 Million | +23.00% |
| 2022-12-31 | CA$5.18 Million | -18.10% |
| 2021-12-31 | CA$6.32 Million | +37.10% |
| 2020-12-31 | CA$4.61 Million | +390.64% |
| 2019-12-31 | CA$-1.59 Million | +11.69% |
| 2018-12-31 | CA$-1.80 Million | -176.51% |
| 2017-12-31 | CA$-650.05K | -377.26% |
| 2016-12-31 | CA$234.46K | -59.03% |
| 2015-12-31 | CA$572.30K | -53.66% |
| 2014-12-31 | CA$1.23 Million | -40.24% |
| 2013-12-31 | CA$2.07 Million | -18.51% |
| 2012-12-31 | CA$2.54 Million | -24.53% |
| 2011-12-31 | CA$3.36 Million | +227.50% |
| 2010-12-31 | CA$1.03 Million | -8.76% |
| 2008-12-31 | CA$1.12 Million | -38.94% |
| 2007-12-31 | CA$1.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Omineca Mining and Metals 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 2934253000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$37.76 Million | 519.92% |
| Total Equity | CA$7.26 Million | 100.00% |
Omineca Mining and Metals Ltd Competitors by Market Cap
The table below lists competitors of Omineca Mining and Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hampton Financial Corp
V:HFC
|
$14.22 Million |
|
Avillion Bhd
KLSE:8885
|
$14.22 Million |
|
Solstice Gold Corp
V:SGC
|
$14.22 Million |
|
Vistry Group PLC
LSE:VTY
|
$14.23 Million |
|
Temple Bar Investment Trust
LSE:TMPL
|
$14.21 Million |
|
Glen Burnie Bancorp
NASDAQ:GLBZ
|
$14.19 Million |
|
APTAMER GROUP LTD LS-001
F:P0J
|
$14.19 Million |
|
Grand Baoxin Auto Group Limited
F:6BA
|
$14.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Omineca Mining and Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,371,134 to 7,262,267, a change of 891,133 (14.0%).
- Net loss of 2,647,216 reduced equity.
- New share issuances of 3,923,335 increased equity.
- Other comprehensive income decreased equity by 1,234,733.
- Other factors increased equity by 849,747.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.65 Million | -36.45% |
| Share Issuances | CA$3.92 Million | +54.02% |
| Other Comprehensive Income | CA$-1.23 Million | -17.0% |
| Other Changes | CA$849.75K | +11.7% |
| Total Change | CA$- | 13.99% |
Book Value vs Market Value Analysis
This analysis compares Omineca Mining and Metals 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: 2.70x
- 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 1.99x to 2.70x 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$0.04 | CA$0.08 | x |
| 2008-12-31 | CA$0.02 | CA$0.08 | x |
| 2010-12-31 | CA$0.02 | CA$0.08 | x |
| 2011-12-31 | CA$0.27 | CA$0.08 | x |
| 2012-12-31 | CA$0.14 | CA$0.08 | x |
| 2013-12-31 | CA$0.07 | CA$0.08 | x |
| 2014-12-31 | CA$0.02 | CA$0.08 | x |
| 2015-12-31 | CA$0.01 | CA$0.08 | x |
| 2016-12-31 | CA$0.00 | CA$0.08 | x |
| 2017-12-31 | CA$-0.01 | CA$0.08 | x |
| 2018-12-31 | CA$-0.02 | CA$0.08 | x |
| 2019-12-31 | CA$-0.02 | CA$0.08 | x |
| 2020-12-31 | CA$0.05 | CA$0.08 | x |
| 2021-12-31 | CA$0.05 | CA$0.08 | x |
| 2022-12-31 | CA$0.04 | CA$0.08 | x |
| 2023-12-31 | CA$0.04 | CA$0.08 | x |
| 2024-12-31 | CA$0.03 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Omineca Mining and Metals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -36.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.89x
- Recent ROE (-36.45%) is above the historical average (-104.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -55.84% | 0.00% | 0.00x | 1.13x | CA$-1.21 Million |
| 2008 | -71.49% | 0.00% | 0.00x | 1.07x | CA$-916.39K |
| 2010 | -53.32% | 0.00% | 0.00x | 1.00x | CA$-649.69K |
| 2011 | -31.52% | 0.00% | 0.00x | 1.03x | CA$-1.40 Million |
| 2012 | -26.17% | 0.00% | 0.00x | 1.03x | CA$-917.09K |
| 2013 | -705.31% | 0.00% | 0.00x | 3.85x | CA$-14.78 Million |
| 2014 | -65.95% | 0.00% | 0.00x | 6.07x | CA$-937.88K |
| 2015 | -158.24% | 0.00% | 0.00x | 12.88x | CA$-962.84K |
| 2016 | -440.75% | 0.00% | 0.00x | 31.72x | CA$-1.06 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-817.54K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.15 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-421.48K |
| 2020 | -38.40% | 0.00% | 0.00x | 3.26x | CA$-2.23 Million |
| 2021 | -21.62% | 0.00% | 0.00x | 2.50x | CA$-2.00 Million |
| 2022 | -40.08% | 0.00% | 0.00x | 3.03x | CA$-2.59 Million |
| 2023 | -32.97% | 0.00% | 0.00x | 2.70x | CA$-2.74 Million |
| 2024 | -36.45% | 0.00% | 0.00x | 2.89x | CA$-3.37 Million |
Industry Comparison
This section compares Omineca Mining and Metals Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $37,435,313
- Average return on equity (ROE) among peers: -27.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Omineca Mining and Metals Ltd (OMM) | CA$5.88 Million | -55.84% | 2.31x | $14.22 Million |
| Abcourt Mines Inc. (ABI) | $-3.13 Million | 0.00% | 0.00x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $20.44 Million | -35.77% | 0.45x | $3.68 Million |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $1.78 Million | -62.23% | 0.56x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $9.71 Million |
| Alkane Resources Limited (ALK) | $309.37 Million | 5.71% | 0.50x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-656.72K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $21.46 Million | -7.16% | 0.01x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.56 Million | -6.01% | 0.17x | $1.59 Million |
About Omineca Mining and Metals Ltd
Omineca Mining and Metals Ltd. engages in the exploration and development of mineral resources in Canada. The company's flagship project comprises the Wingdam gold project located in the prolific Barkerville gold camp in central British Columbia. Omineca Mining and Metals Ltd. was incorporated in 2011 and is based in Saskatoon, Canada.