Panoro Minerals Ltd. (PML) - Net Assets
Based on the latest financial reports, Panoro Minerals Ltd. (PML) has net assets worth CA$36.30 Million CAD (≈ $26.26 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$54.12 Million ≈ $39.15 Million USD) and total liabilities (CA$17.82 Million ≈ $12.89 Million 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 Panoro Minerals Ltd. (PML) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$36.30 Million |
| % of Total Assets | 67.07% |
| Annual Growth Rate | 26.13% |
| 5-Year Change | -33.57% |
| 10-Year Change | -49.04% |
| Growth Volatility | 522.55 |
Panoro Minerals Ltd. - Net Assets Trend (2002–2025)
This chart illustrates how Panoro Minerals Ltd.'s net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Panoro Minerals Ltd. to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Panoro Minerals Ltd. (2002–2025)
The table below shows the annual net assets of Panoro Minerals Ltd. from 2002 to 2025. For live valuation and market cap data, see Panoro Minerals Ltd. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$36.30 Million ≈ $26.26 Million |
-2.53% |
| 2024-12-31 | CA$37.24 Million ≈ $26.94 Million |
-26.46% |
| 2023-12-31 | CA$50.64 Million ≈ $36.63 Million |
-6.34% |
| 2022-12-31 | CA$54.07 Million ≈ $39.11 Million |
-1.05% |
| 2021-12-31 | CA$54.64 Million ≈ $39.53 Million |
-13.06% |
| 2020-12-31 | CA$62.85 Million ≈ $45.47 Million |
-1.64% |
| 2019-12-31 | CA$63.90 Million ≈ $46.22 Million |
-7.23% |
| 2018-12-31 | CA$68.88 Million ≈ $49.82 Million |
-3.40% |
| 2017-12-31 | CA$71.30 Million ≈ $51.58 Million |
+0.08% |
| 2016-12-31 | CA$71.24 Million ≈ $51.53 Million |
+6.91% |
| 2015-12-31 | CA$66.63 Million ≈ $48.20 Million |
-6.49% |
| 2014-12-31 | CA$71.26 Million ≈ $51.55 Million |
+5.12% |
| 2013-12-31 | CA$67.78 Million ≈ $49.03 Million |
+18.41% |
| 2012-12-31 | CA$57.25 Million ≈ $41.41 Million |
+41.09% |
| 2011-12-31 | CA$40.57 Million ≈ $29.35 Million |
+23.63% |
| 2010-12-31 | CA$32.82 Million ≈ $23.74 Million |
+19.00% |
| 2009-12-31 | CA$27.58 Million ≈ $19.95 Million |
+0.50% |
| 2008-12-31 | CA$27.44 Million ≈ $19.85 Million |
-6.81% |
| 2007-12-31 | CA$29.45 Million ≈ $21.30 Million |
+339.85% |
| 2006-12-31 | CA$6.69 Million ≈ $4.84 Million |
+2.83% |
| 2005-12-31 | CA$6.51 Million ≈ $4.71 Million |
+46.90% |
| 2004-12-31 | CA$4.43 Million ≈ $3.21 Million |
-4.23% |
| 2003-12-31 | CA$4.63 Million ≈ $3.35 Million |
+2558.44% |
| 2002-12-31 | CA$174.07K ≈ $125.92K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Panoro Minerals 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 4436748600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$80.68 Million | 222.25% |
| Total Equity | CA$36.30 Million | 100.00% |
Panoro Minerals Ltd. Competitors by Market Cap
The table below lists competitors of Panoro Minerals Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amazing Microelectronic
TWO:6411
|
$299.31 Million |
|
Lineage Cell Therapeutics Inc
NYSE MKT:LCTX
|
$299.43 Million |
|
SUNAC SERVIC.HLDGS HD-01
F:65D
|
$299.45 Million |
|
Shenzhen New Land Co Ltd
SHE:300778
|
$299.51 Million |
|
Teqnion AB
ST:TEQ
|
$299.26 Million |
|
Ernst Russ AG
XETRA:ERAG
|
$299.16 Million |
|
Hyliion Holdings Corp.
NYSE:HYLN
|
$299.16 Million |
|
Bombay Dyeing & Mfg Company Limited
NSE:BOMDYEING
|
$299.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Panoro Minerals Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 37,241,886 to 36,300,324, a change of -941,562 (-2.5%).
- Net loss of 2,545,299 reduced equity.
- New share issuances of 2,460,580 increased equity.
- Other factors decreased equity by 856,843.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.55 Million | -7.01% |
| Share Issuances | CA$2.46 Million | +6.78% |
| Other Changes | CA$-856.84K | -2.36% |
| Total Change | CA$- | -2.53% |
Book Value vs Market Value Analysis
This analysis compares Panoro Minerals 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: 10.95x
- 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 decreased from 32.07x to 10.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | CA$0.05 | CA$1.45 | x |
| 2003-12-31 | CA$0.28 | CA$1.45 | x |
| 2004-12-31 | CA$0.19 | CA$1.45 | x |
| 2005-12-31 | CA$0.23 | CA$1.45 | x |
| 2006-12-31 | CA$0.19 | CA$1.45 | x |
| 2007-12-31 | CA$0.48 | CA$1.45 | x |
| 2008-12-31 | CA$0.33 | CA$1.45 | x |
| 2009-12-31 | CA$0.33 | CA$1.45 | x |
| 2010-12-31 | CA$0.35 | CA$1.45 | x |
| 2011-12-31 | CA$0.32 | CA$1.45 | x |
| 2012-12-31 | CA$0.34 | CA$1.45 | x |
| 2013-12-31 | CA$0.34 | CA$1.45 | x |
| 2014-12-31 | CA$0.34 | CA$1.45 | x |
| 2015-12-31 | CA$0.30 | CA$1.45 | x |
| 2016-12-31 | CA$0.30 | CA$1.45 | x |
| 2017-12-31 | CA$0.28 | CA$1.45 | x |
| 2018-12-31 | CA$0.26 | CA$1.45 | x |
| 2019-12-31 | CA$0.24 | CA$1.45 | x |
| 2020-12-31 | CA$0.24 | CA$1.45 | x |
| 2021-12-31 | CA$0.21 | CA$1.45 | x |
| 2022-12-31 | CA$0.20 | CA$1.45 | x |
| 2023-12-31 | CA$0.19 | CA$1.45 | x |
| 2024-12-31 | CA$0.14 | CA$1.45 | x |
| 2025-12-31 | CA$0.13 | CA$1.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Panoro Minerals Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.49x
- Recent ROE (-7.01%) is below the historical average (-6.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -5.67% | 0.00% | 0.00x | 1.05x | CA$-27.28K |
| 2003 | -3.28% | 0.00% | 0.00x | 1.00x | CA$-614.63K |
| 2004 | -6.49% | 0.00% | 0.00x | 1.02x | CA$-730.62K |
| 2005 | -7.68% | 0.00% | 0.00x | 1.03x | CA$-1.15 Million |
| 2006 | -14.61% | 0.00% | 0.00x | 1.02x | CA$-1.65 Million |
| 2007 | -4.36% | 0.00% | 0.00x | 1.01x | CA$-4.23 Million |
| 2008 | -9.47% | 0.00% | 0.00x | 1.21x | CA$-5.34 Million |
| 2009 | -3.09% | 0.00% | 0.00x | 1.18x | CA$-3.61 Million |
| 2010 | -6.86% | 0.00% | 0.00x | 1.17x | CA$-5.53 Million |
| 2011 | -8.56% | 0.00% | 0.00x | 1.03x | CA$-7.53 Million |
| 2012 | -9.27% | 0.00% | 0.00x | 1.05x | CA$-11.03 Million |
| 2013 | -4.81% | 0.00% | 0.00x | 1.02x | CA$-10.04 Million |
| 2014 | -4.47% | 0.00% | 0.00x | 1.03x | CA$-10.31 Million |
| 2015 | -6.93% | 0.00% | 0.00x | 1.02x | CA$-11.28 Million |
| 2016 | -3.55% | 0.00% | 0.00x | 1.10x | CA$-9.66 Million |
| 2017 | -0.71% | 0.00% | 0.00x | 1.13x | CA$-7.63 Million |
| 2018 | -6.60% | 0.00% | 0.00x | 1.16x | CA$-11.43 Million |
| 2019 | -8.11% | 0.00% | 0.00x | 1.20x | CA$-11.57 Million |
| 2020 | -1.72% | 0.00% | 0.00x | 1.24x | CA$-7.37 Million |
| 2021 | -15.06% | 0.00% | 0.00x | 1.30x | CA$-13.69 Million |
| 2022 | -1.13% | 0.00% | 0.00x | 1.37x | CA$-6.02 Million |
| 2023 | -5.58% | 0.00% | 0.00x | 1.40x | CA$-7.89 Million |
| 2024 | -3.23% | 0.00% | 0.00x | 1.42x | CA$-4.93 Million |
| 2025 | -7.01% | 0.00% | 0.00x | 1.49x | CA$-6.18 Million |
Industry Comparison
This section compares Panoro Minerals Ltd.'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: $11,699,746
- Average return on equity (ROE) among peers: -133.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Panoro Minerals Ltd. (PML) | CA$36.30 Million | -5.67% | 0.49x | $299.26 Million |
| Aftermath Silver Ltd (AAG) | $18.53 Million | -54.22% | 0.52x | $185.35 Million |
| Aton Resources Inc (AAN) | $-272.49K | 0.00% | 0.00x | $43.33 Million |
| Arbor Metals Corp (ABR) | $805.58K | -20.73% | 0.03x | $8.19 Million |
| Asiabasemetals Inc (ABZ) | $262.22K | -168.47% | 0.12x | $3.63 Million |
| Adex Mining Inc (ADE) | $-4.38 Million | 0.00% | 0.00x | $63.68 Million |
| Alphamin Res (AFM) | $272.15K | -48.58% | 0.07x | $1.32 Billion |
| Silver X Mining Corp (AGX) | $-442.07K | 0.00% | 0.00x | $136.41 Million |
| Amarc Resources Ltd. (AHR) | $476.14K | -1025.76% | 2.69x | $163.00 Million |
| Almonty Industries Inc (AII) | $37.49 Million | -20.68% | 3.42x | $5.30 Billion |
| Aldebaran Resources Inc (ALDE) | $64.26 Million | -0.85% | 0.01x | $386.91 Million |
About Panoro Minerals Ltd.
Panoro Minerals Ltd., an exploration-stage company, engages in the acquisition, exploration, and development of mineral properties in Peru. The company explores for copper, molybdenum, lead, gold, silver, and zinc deposits. Its flagship project is the Cotabambas project, a porphyry copper-gold-silver deposit located southwest of the city of Cusco, the Apurimac region in Southern Peru. The company… Read more