Pacific Ridge Exploration Ltd (PEX) - Net Assets
Based on the latest financial reports, Pacific Ridge Exploration Ltd (PEX) has net assets worth CA$6.56 Million CAD (≈ $4.75 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$6.65 Million ≈ $4.81 Million USD) and total liabilities (CA$95.25K ≈ $68.90K 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 Pacific Ridge Exploration Ltd (PEX) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$6.56 Million |
| % of Total Assets | 98.57% |
| Annual Growth Rate | -1.0% |
| 5-Year Change | 505.01% |
| 10-Year Change | 500.83% |
| Growth Volatility | 124.11 |
Pacific Ridge Exploration Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Pacific Ridge Exploration Ltd's net assets have evolved over time, based on quarterly financial data. See PEX defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Pacific Ridge Exploration Ltd (2000–2025)
The table below shows the annual net assets of Pacific Ridge Exploration Ltd from 2000 to 2025. For live valuation and market cap data, see Pacific Ridge Exploration Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$6.56 Million ≈ $4.75 Million |
+50.61% |
| 2024-12-31 | CA$4.36 Million ≈ $3.15 Million |
-3.74% |
| 2023-12-31 | CA$4.52 Million ≈ $3.27 Million |
-33.82% |
| 2022-12-31 | CA$6.84 Million ≈ $4.95 Million |
+530.64% |
| 2021-12-31 | CA$1.08 Million ≈ $784.30K |
+0.83% |
| 2020-12-31 | CA$1.08 Million ≈ $777.87K |
-17.31% |
| 2019-12-31 | CA$1.30 Million ≈ $940.67K |
-15.69% |
| 2018-12-31 | CA$1.54 Million ≈ $1.12 Million |
+35.59% |
| 2017-12-31 | CA$1.14 Million ≈ $822.81K |
+4.18% |
| 2016-12-31 | CA$1.09 Million ≈ $789.77K |
-2.99% |
| 2015-12-31 | CA$1.13 Million ≈ $814.13K |
+34.60% |
| 2014-12-31 | CA$836.17K ≈ $604.87K |
-24.10% |
| 2013-12-31 | CA$1.10 Million ≈ $796.96K |
-32.41% |
| 2012-12-31 | CA$1.63 Million ≈ $1.18 Million |
-60.14% |
| 2011-12-31 | CA$4.09 Million ≈ $2.96 Million |
-24.42% |
| 2010-12-31 | CA$5.41 Million ≈ $3.91 Million |
+296.63% |
| 2009-12-31 | CA$1.36 Million ≈ $986.72K |
-73.21% |
| 2008-12-31 | CA$5.09 Million ≈ $3.68 Million |
-39.49% |
| 2007-12-31 | CA$8.42 Million ≈ $6.09 Million |
+106.52% |
| 2006-12-31 | CA$4.07 Million ≈ $2.95 Million |
-45.58% |
| 2005-12-31 | CA$7.49 Million ≈ $5.42 Million |
-7.19% |
| 2004-12-31 | CA$8.07 Million ≈ $5.84 Million |
-8.69% |
| 2003-12-31 | CA$8.84 Million ≈ $6.39 Million |
+26.64% |
| 2002-12-31 | CA$6.98 Million ≈ $5.05 Million |
-13.57% |
| 2001-12-31 | CA$8.07 Million ≈ $5.84 Million |
-4.26% |
| 2000-12-31 | CA$8.43 Million ≈ $6.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Pacific Ridge Exploration 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 5895767400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$80.13 Million | 1221.62% |
| Total Equity | CA$6.56 Million | 100.00% |
Pacific Ridge Exploration Ltd Competitors by Market Cap
The table below lists competitors of Pacific Ridge Exploration Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Magontec Ltd
AU:MGL
|
$8.61 Million |
|
Labrador Gold Corp
V:LAB
|
$8.61 Million |
|
Burford Capital Limited
LSE:BUR
|
$8.61 Million |
|
Battery Age Minerals Ltd
AU:BM8
|
$8.62 Million |
|
Sonnet Biotherapeutics Holdings Inc
NASDAQ:SONN
|
$8.60 Million |
|
WebRock Ventures AB
ST:WRV
|
$8.59 Million |
|
Ease2pay NV
AS:EAS2P
|
$8.59 Million |
|
Watta Holding Bhd
KLSE:7226
|
$8.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pacific Ridge Exploration Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,355,455 to 6,559,634, a change of 2,204,179 (50.6%).
- Net loss of 5,854,613 reduced equity.
- New share issuances of 7,716,335 increased equity.
- Other factors increased equity by 342,457.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.85 Million | -89.25% |
| Share Issuances | CA$7.72 Million | +117.63% |
| Other Changes | CA$342.46K | +5.22% |
| Total Change | CA$- | 50.61% |
Book Value vs Market Value Analysis
This analysis compares Pacific Ridge Exploration 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: 1.81x
- 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 0.02x to 1.81x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CA$9.77 | CA$0.19 | x |
| 2001-12-31 | CA$9.32 | CA$0.19 | x |
| 2002-12-31 | CA$7.87 | CA$0.19 | x |
| 2003-12-31 | CA$8.04 | CA$0.19 | x |
| 2004-12-31 | CA$4.18 | CA$0.19 | x |
| 2005-12-31 | CA$3.42 | CA$0.19 | x |
| 2006-12-31 | CA$1.52 | CA$0.19 | x |
| 2007-12-31 | CA$2.40 | CA$0.19 | x |
| 2008-12-31 | CA$1.27 | CA$0.19 | x |
| 2009-12-31 | CA$0.31 | CA$0.19 | x |
| 2010-12-31 | CA$0.89 | CA$0.19 | x |
| 2011-12-31 | CA$0.36 | CA$0.19 | x |
| 2012-12-31 | CA$0.12 | CA$0.19 | x |
| 2013-12-31 | CA$0.06 | CA$0.19 | x |
| 2014-12-31 | CA$0.04 | CA$0.19 | x |
| 2015-12-31 | CA$0.05 | CA$0.19 | x |
| 2016-12-31 | CA$0.04 | CA$0.19 | x |
| 2017-12-31 | CA$0.03 | CA$0.19 | x |
| 2018-12-31 | CA$0.05 | CA$0.19 | x |
| 2019-12-31 | CA$0.04 | CA$0.19 | x |
| 2020-12-31 | CA$0.03 | CA$0.19 | x |
| 2021-12-31 | CA$0.02 | CA$0.19 | x |
| 2022-12-31 | CA$0.09 | CA$0.19 | x |
| 2023-12-31 | CA$0.04 | CA$0.19 | x |
| 2024-12-31 | CA$0.25 | CA$0.19 | x |
| 2025-12-31 | CA$0.10 | CA$0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pacific Ridge Exploration Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -89.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-89.25%) is below the historical average (-61.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -8.79% | 0.00% | 0.00x | 1.00x | CA$-1.58 Million |
| 2001 | -4.57% | 0.00% | 0.00x | 1.00x | CA$-1.18 Million |
| 2002 | -17.01% | 0.00% | 0.00x | 1.03x | CA$-1.88 Million |
| 2003 | -4.45% | 0.00% | 0.00x | 1.02x | CA$-1.28 Million |
| 2004 | -23.66% | 0.00% | 0.00x | 1.02x | CA$-2.72 Million |
| 2005 | -9.71% | 0.00% | 0.00x | 1.01x | CA$-1.48 Million |
| 2006 | -182.92% | 0.00% | 0.00x | 1.05x | CA$-7.86 Million |
| 2007 | -2.11% | 0.00% | 0.00x | 1.02x | CA$-1.02 Million |
| 2008 | -71.57% | 0.00% | 0.00x | 1.02x | CA$-4.15 Million |
| 2009 | -53.33% | 0.00% | 0.00x | 1.08x | CA$-863.79K |
| 2010 | -38.33% | 0.00% | 0.00x | 1.03x | CA$-2.61 Million |
| 2011 | -105.08% | 0.00% | 0.00x | 1.05x | CA$-4.71 Million |
| 2012 | -160.70% | 0.00% | 0.00x | 1.08x | CA$-2.78 Million |
| 2013 | -82.56% | 0.00% | 0.00x | 1.03x | CA$-1.02 Million |
| 2014 | -49.88% | 0.00% | 0.00x | 1.02x | CA$-500.66K |
| 2015 | 22.50% | 0.00% | 0.00x | 1.00x | CA$140.64K |
| 2016 | -54.78% | 0.00% | 0.00x | 1.17x | CA$-707.29K |
| 2017 | 0.91% | 0.00% | 0.00x | 1.03x | CA$-103.36K |
| 2018 | 25.05% | 0.00% | 0.00x | 1.15x | CA$232.17K |
| 2019 | -21.38% | 0.00% | 0.00x | 1.07x | CA$-408.11K |
| 2020 | -45.89% | 0.00% | 0.00x | 1.14x | CA$-601.04K |
| 2021 | -258.60% | 0.00% | 0.00x | 1.23x | CA$-2.91 Million |
| 2022 | -112.72% | 0.00% | 0.00x | 1.26x | CA$-8.39 Million |
| 2023 | -172.37% | 0.00% | 0.00x | 1.14x | CA$-8.25 Million |
| 2024 | -75.97% | 0.00% | 0.00x | 1.04x | CA$-3.74 Million |
| 2025 | -89.25% | 0.00% | 0.00x | 1.01x | CA$-6.51 Million |
Industry Comparison
This section compares Pacific Ridge Exploration Ltd'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: $8,968,473
- Average return on equity (ROE) among peers: -5058.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pacific Ridge Exploration Ltd (PEX) | CA$6.56 Million | -8.79% | 0.01x | $8.61 Million |
| AbraSilver Resource Corp. (ABRA) | $400.64K | -52.81% | 0.13x | $1.85 Billion |
| Archon Minerals Ltd (ACS) | $31.39K | -50144.47% | 2027.88x | $3.15 Million |
| Arctic Star Exploration Corp (ADD) | $1.35 Million | -152.13% | 0.40x | $1.73 Million |
| Adyton Resources Corp (ADY) | $14.98 Million | 5.60% | 0.05x | $71.75 Million |
| Adamera Minerals Corp. (ADZ) | $4.33 Million | -30.35% | 0.10x | $5.10 Million |
| Austral Gold Ltd (AGLD) | $14.37 Million | -188.43% | 4.16x | $65.15 Million |
| Clean Air Metals Inc (AIR) | $23.22 Million | -5.48% | 0.17x | $11.78 Million |
| Alpha Exploration Ltd (ALEX) | $7.30 Million | -10.62% | 0.17x | $37.20 Million |
| American Creek Resources Ltd (AMK) | $12.62 Million | 7.02% | 0.02x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $11.08 Million | -9.78% | 0.02x | $4.54 Million |
About Pacific Ridge Exploration Ltd
Pacific Ridge Exploration Ltd. engages in the acquisition and exploration of resource properties in Canada and the United States. It explores for gold and copper deposits. Its flagship project is the Kliyul copper-gold project located in the northern Quesnel terrane, British Columbia. The company was formerly known as Columbia Gold Mines. Pacific Ridge Exploration Ltd. was incorporated in 1979 an… Read more