Prospector Metals Corp (PPP) - Net Assets
Based on the latest financial reports, Prospector Metals Corp (PPP) has net assets worth CA$47.85 Million CAD (≈ $34.62 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$48.29 Million ≈ $34.93 Million USD) and total liabilities (CA$439.50K ≈ $317.93K 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 tangible net worth ratio of Prospector Metals Corp to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$47.85 Million |
| % of Total Assets | 99.09% |
| Annual Growth Rate | 12.98% |
| 5-Year Change | 7.65% |
| 10-Year Change | N/A |
| Growth Volatility | 80.1 |
Prospector Metals Corp - Net Assets Trend (2014–2025)
This chart illustrates how Prospector Metals Corp's net assets have evolved over time, based on quarterly financial data. See PPP cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Prospector Metals Corp (2014–2025)
The table below shows the annual net assets of Prospector Metals Corp from 2014 to 2025. For live valuation and market cap data, see market value of Prospector Metals Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | CA$6.53 Million ≈ $4.73 Million |
-10.48% |
| 2024-05-31 | CA$7.30 Million ≈ $5.28 Million |
-30.29% |
| 2023-05-31 | CA$10.47 Million ≈ $7.57 Million |
-19.24% |
| 2022-05-31 | CA$12.97 Million ≈ $9.38 Million |
+113.60% |
| 2021-05-31 | CA$6.07 Million ≈ $4.39 Million |
+214.50% |
| 2017-05-31 | CA$1.93 Million ≈ $1.40 Million |
+29.57% |
| 2016-05-31 | CA$1.49 Million ≈ $1.08 Million |
+6.98% |
| 2015-05-31 | CA$1.39 Million ≈ $1.01 Million |
-18.39% |
| 2014-05-31 | CA$1.71 Million ≈ $1.23 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Prospector Metals Corp'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 5286494700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$63.14 Million | 966.37% |
| Total Equity | CA$6.53 Million | 100.00% |
Prospector Metals Corp Competitors by Market Cap
The table below lists competitors of Prospector Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SANIONA AB (PUBL)
F:30S
|
$170.61 Million |
|
Amrutanjan Health Care Limited
NSE:AMRUTANJAN
|
$170.82 Million |
|
Landmark Bancorp Inc
NASDAQ:LARK
|
$170.98 Million |
|
Superkrane Mitra Utama Tbk PT
JK:SKRN
|
$171.01 Million |
|
TrueBlue Inc
NYSE:TBI
|
$170.57 Million |
|
Shanghai Highly Group Co Ltd B
SHG:900910
|
$170.50 Million |
|
Invicta
JSE:IVT
|
$170.34 Million |
|
Global Lighting Technologies Inc
TW:4935
|
$170.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prospector Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,299,504 to 6,534,162, a change of -765,342 (-10.5%).
- Net loss of 6,860,957 reduced equity.
- New share issuances of 3,659,331 increased equity.
- Other factors increased equity by 2,436,284.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-6.86 Million | -105.0% |
| Share Issuances | CA$3.66 Million | +56.0% |
| Other Changes | CA$2.44 Million | +37.29% |
| Total Change | CA$- | -10.48% |
Book Value vs Market Value Analysis
This analysis compares Prospector Metals Corp'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: 13.06x
- 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 increased from 2.59x to 13.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-05-31 | CA$0.58 | CA$1.49 | x |
| 2022-05-31 | CA$0.81 | CA$1.49 | x |
| 2023-05-31 | CA$0.54 | CA$1.49 | x |
| 2024-05-31 | CA$0.35 | CA$1.49 | x |
| 2025-05-31 | CA$0.11 | CA$1.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prospector Metals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -105.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-105.00%) is below the historical average (-45.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -25.93% | 0.00% | 0.00x | 1.06x | CA$-612.96K |
| 2015 | -22.49% | 0.00% | 0.00x | 1.16x | CA$-452.39K |
| 2016 | -12.22% | 0.00% | 0.00x | 1.13x | CA$-331.00K |
| 2017 | -18.35% | 0.00% | 0.00x | 1.15x | CA$-547.22K |
| 2021 | -53.51% | 0.00% | 0.00x | 1.07x | CA$-3.85 Million |
| 2022 | -42.55% | 0.00% | 0.00x | 1.08x | CA$-6.81 Million |
| 2023 | -72.28% | 0.00% | 0.00x | 1.07x | CA$-8.61 Million |
| 2024 | -59.01% | 0.00% | 0.00x | 1.07x | CA$-5.04 Million |
| 2025 | -105.00% | 0.00% | 0.00x | 1.02x | CA$-7.51 Million |
Industry Comparison
This section compares Prospector Metals Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,457,076,334
- Average return on equity (ROE) among peers: -12.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prospector Metals Corp (PPP) | CA$47.85 Million | -25.93% | 0.01x | $170.60 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.29 Billion |
| Abcourt Mines Inc. (ABI) | $3.33 Million | -20.67% | 0.04x | $77.46 Million |
| Barrick Gold Corp (ABX) | $32.31 Billion | 6.26% | 0.45x | $70.55 Billion |
| American Eagle Gold Corp (AE) | $35.20 Million | -22.32% | 0.04x | $142.56 Million |
| Agnico Eagle Mines Limited (AEM) | $2.06 Billion | 6.77% | 0.33x | $86.35 Billion |
| Alamos Gold Inc (AGI) | $25.69 Million | -7.53% | 0.11x | $15.94 Billion |
| AIS Resources Ltd (AIS) | $479.48K | -11.79% | 0.06x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $24.24 Million | -6.73% | 0.03x | $41.82 Million |
| Almaden Minerals Ltd (AMM) | $5.18 Million | -58.59% | 0.09x | $24.82 Million |
About Prospector Metals Corp
Prospector Metals Corp. engages in the identification, exploration, and development of mineral properties. The company explores for gold, silver, vanadium, and copper deposits. It holds 100% interest in the Mike Lake (ML) project covering an area of approximately 47.57 square kilometers located in the Dawson City, Yukon; the Devon project consists of an area of approximately 12,200 hectares locat… Read more