Panoro Minerals Ltd. (PML) - Net Assets
Based on the latest financial reports, Panoro Minerals Ltd. (PML) has net assets worth CA$33.99 Million CAD (≈ $24.59 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$55.40 Million ≈ $40.07 Million USD) and total liabilities (CA$21.40 Million ≈ $15.48 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) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$33.99 Million |
| % of Total Assets | 61.36% |
| 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. For live market cap and overall valuation, see market value of Panoro Minerals Ltd..
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. Also explore Panoro Minerals Ltd. (PML) net asset momentum to track the company's year-over-year net asset growth rate.
| 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 |
|---|---|
|
Rojana Industrial Park Public Company Limited
BK:ROJNA
|
$362.11 Million |
|
Irani Papel e Embalagem S.A
SA:RANI3
|
$362.14 Million |
|
Suzhou Longjie Special Fiber Co Ltd
SHG:603332
|
$362.17 Million |
|
Zhuhai Kles Technology Co. Ltd. A
SHE:301314
|
$362.20 Million |
|
Wonderla Holidays Limited
NSE:WONDERLA
|
$362.01 Million |
|
Hotel Majestic Cannes
PA:MLHMC
|
$361.67 Million |
|
Guangdong Failong Crystal Technology Co Ltd
SHE:300460
|
$361.60 Million |
|
Stillfront Group AB (publ)
ST:SF
|
$361.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Panoro Minerals Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 37,241,886 to 36,300,324, a change of -941,562 (-2.5%).
- Net loss of 2,545,299 reduced equity.
- New share issuances of 2,460,580 increased equity.
- Other factors decreased equity by 856,843.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-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: 12.27x
- 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 35.94x to 12.27x 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$1.63 | x |
| 2003-12-31 | CA$0.28 | CA$1.63 | x |
| 2004-12-31 | CA$0.19 | CA$1.63 | x |
| 2005-12-31 | CA$0.23 | CA$1.63 | x |
| 2006-12-31 | CA$0.19 | CA$1.63 | x |
| 2007-12-31 | CA$0.48 | CA$1.63 | x |
| 2008-12-31 | CA$0.33 | CA$1.63 | x |
| 2009-12-31 | CA$0.33 | CA$1.63 | x |
| 2010-12-31 | CA$0.35 | CA$1.63 | x |
| 2011-12-31 | CA$0.32 | CA$1.63 | x |
| 2012-12-31 | CA$0.34 | CA$1.63 | x |
| 2013-12-31 | CA$0.34 | CA$1.63 | x |
| 2014-12-31 | CA$0.34 | CA$1.63 | x |
| 2015-12-31 | CA$0.30 | CA$1.63 | x |
| 2016-12-31 | CA$0.30 | CA$1.63 | x |
| 2017-12-31 | CA$0.28 | CA$1.63 | x |
| 2018-12-31 | CA$0.26 | CA$1.63 | x |
| 2019-12-31 | CA$0.24 | CA$1.63 | x |
| 2020-12-31 | CA$0.24 | CA$1.63 | x |
| 2021-12-31 | CA$0.21 | CA$1.63 | x |
| 2022-12-31 | CA$0.20 | CA$1.63 | x |
| 2023-12-31 | CA$0.19 | CA$1.63 | x |
| 2024-12-31 | CA$0.14 | CA$1.63 | x |
| 2025-12-31 | CA$0.13 | CA$1.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Panoro Minerals Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.49x
- Recent ROE (-7.01%) is below the historical average (-6.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -5.67% | 0.00% | 0.00x | 1.05x | CA$-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: $45,174,462
- Average return on equity (ROE) among peers: -11.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Panoro Minerals Ltd. (PML) | CA$33.99 Million | -5.67% | 0.63x | $362.07 Million |
| Aftermath Silver Ltd (AAG) | $-1.02 Million | 0.00% | 0.00x | $168.05 Million |
| Aton Resources Inc (AAN) | $-5.02 Million | 0.00% | 0.00x | $48.87 Million |
| Arbor Metals Corp (ABR) | $10.98 Million | -14.09% | 0.06x | $5.80 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $3.27 Million |
| Adex Mining Inc (ADE) | $15.29 Million | -9.66% | 0.03x | $46.54 Million |
| Alphamin Res (AFM) | $197.93 Million | -3.97% | 0.50x | $1.32 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $-628.42K | 0.00% | 0.00x | $158.28 Million |
| Almonty Industries Inc (AII) | $48.51 Million | -18.22% | 3.85x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $167.02 Million | -0.80% | 0.03x | $397.54 Million |
About Panoro Minerals Ltd.
Panoro Minerals Ltd., an exploration-stage company, engages in the acquisition, exploration, and development of mineral properties in Peru. It explores for copper, molybdenum, lead, gold, silver, and zinc deposits. The company's 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 compan… Read more