Quebec Precious Metals Corporation Net Assets
Quebec Precious Metals Corporation net assets. Based on the latest financial reports, Quebec Precious Metals Corporation (QPM) has net assets worth CA$40.13K CAD (≈ $29.03K USD) as of October 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$399.64K ≈ $289.09K USD) and total liabilities (CA$359.51K ≈ $260.06K 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. Also explore Quebec Precious Metals Corporation annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$40.13K |
| % of Total Assets | 10.04% |
| Annual Growth Rate | -14.72% |
| 5-Year Change | -87.76% |
| 10-Year Change | N/A |
| Growth Volatility | 101.89 |
Net Assets of Quebec Precious Metals Corporation (2017–2024)
Net assets of Quebec Precious Metals Corporation from 2017 to 2024. This chart illustrates how Quebec Precious Metals Corporation's net assets have evolved over time, based on quarterly financial data. See QPM equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Quebec Precious Metals Corporation (2017–2024)
The table below shows the annual net assets of Quebec Precious Metals Corporation from 2017 to 2024. For live market cap and overall valuation, see market value of Quebec Precious Metals Corporation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-01-31 | CA$647.37K ≈ $468.30K |
-70.31% |
| 2023-01-31 | CA$2.18 Million ≈ $1.58 Million |
-7.45% |
| 2022-01-31 | CA$2.36 Million ≈ $1.70 Million |
-16.54% |
| 2021-01-31 | CA$2.82 Million ≈ $2.04 Million |
-46.60% |
| 2020-01-31 | CA$5.29 Million ≈ $3.82 Million |
-59.30% |
| 2019-01-31 | CA$12.99 Million ≈ $9.40 Million |
+233.88% |
| 2018-01-31 | CA$3.89 Million ≈ $2.82 Million |
+97.27% |
| 2017-01-31 | CA$1.97 Million ≈ $1.43 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Quebec Precious Metals Corporation'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 2372658100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Quebec Precious Metals Corporation Net Assets Breakdown (January 2024)
Quebec Precious Metals Corporation net assets breakdown by equity component as of January 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$56.72 Million | 8761.88% |
| Total Equity | CA$647.37K | 100.00% |
Quebec Precious Metals Corporation Competitors by Market Cap
The table below lists competitors of Quebec Precious Metals Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
METCH INTL LTD. SD -25
F:VZ3P
|
$2.63 Million |
|
Sparton Resources Inc
V:SRI
|
$2.63 Million |
|
Sylvania Platinum Limited
LSE:SLP
|
$2.63 Million |
|
Constellation Technologies Ltd
AU:CT1
|
$2.63 Million |
|
GSP Resource Corp
V:GSPR
|
$2.62 Million |
|
Emetals Ltd
AU:EMT
|
$2.62 Million |
|
Tribal Group plc
LSE:TRB
|
$2.62 Million |
|
Techgen Metals Ltd
AU:TG1
|
$2.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quebec Precious Metals Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,180,681 to 647,367, a change of -1,533,314 (-70.3%).
- Net loss of 2,656,049 reduced equity.
- New share issuances of 1,378,575 increased equity.
- Other factors decreased equity by 255,840.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.66 Million | -410.28% |
| Share Issuances | CA$1.38 Million | +212.95% |
| Other Changes | CA$-255.84K | -39.52% |
| Total Change | CA$- | -70.31% |
Book Value vs Market Value Analysis
This analysis compares Quebec Precious Metals Corporation'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: 5.12x
- 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 0.22x to 5.12x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-01-31 | CA$0.16 | CA$0.04 | x |
| 2019-01-31 | CA$0.29 | CA$0.04 | x |
| 2020-01-31 | CA$0.08 | CA$0.04 | x |
| 2021-01-31 | CA$0.04 | CA$0.04 | x |
| 2022-01-31 | CA$0.03 | CA$0.04 | x |
| 2023-01-31 | CA$0.03 | CA$0.04 | x |
| 2024-01-31 | CA$0.01 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quebec Precious Metals Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -410.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.51x
- Recent ROE (-410.28%) is below the historical average (-97.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -28.99% | 0.00% | 0.00x | 1.34x | CA$-769.12K |
| 2018 | -5.94% | 0.00% | 0.00x | 1.21x | CA$-620.45K |
| 2019 | -9.96% | 0.00% | 0.00x | 1.07x | CA$-2.59 Million |
| 2020 | -48.72% | 0.00% | 0.00x | 1.46x | CA$-3.10 Million |
| 2021 | -104.36% | 0.00% | 0.00x | 1.17x | CA$-3.23 Million |
| 2022 | -161.66% | 0.00% | 0.00x | 1.49x | CA$-4.04 Million |
| 2023 | -12.18% | 0.00% | 0.00x | 1.05x | CA$-483.58K |
| 2024 | -410.28% | 0.00% | 0.00x | 1.51x | CA$-2.72 Million |
Industry Comparison
This section compares Quebec Precious Metals Corporation's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $390,070,505
- Average return on equity (ROE) among peers: -30.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quebec Precious Metals Corporation (QPM) | CA$40.13K | -28.99% | 8.96x | $2.62 Million |
| Allied Gold Corporation (AAUC) | $381.03 Million | -54.71% | 1.51x | $2.38 Billion |
| Abcourt Mines Inc. (ABI) | $19.28 Million | -5.21% | 0.02x | $43.16 Million |
| Barrick Gold Corp (ABX) | $3.32 Billion | -3.70% | 0.30x | $61.48 Billion |
| American Eagle Gold Corp (AE) | $3.09 Million | -121.24% | 0.18x | $133.41 Million |
| Agnico Eagle Mines Limited (AEM) | $127.14 Million | 11.88% | 1.22x | $84.54 Billion |
| Alamos Gold Inc (AGI) | $338.91K | -86.17% | 0.19x | $11.64 Billion |
| AIS Resources Ltd (AIS) | $4.96 Million | -17.19% | 0.24x | $2.52 Million |
| Alliance Mining Corp (ALM) | $-1.26 Million | 0.00% | 0.00x | $2.21 Million |
| Altamira Gold Corp (ALTA) | $13.90 Million | -14.28% | 0.06x | $39.70 Million |
| Almaden Minerals Ltd (AMM) | $27.97 Million | -15.26% | 0.03x | $24.82 Million |
About Quebec Precious Metals Corporation
Quebec Precious Metals Corporation engages in the acquisition, exploration, and development of mining projects in Canada. The company explores for gold and rare earth metals. Quebec Precious Metals Corporation was formerly known as Canada Strategic Metals Inc. and changed its name to Quebec Precious Metals Corporation in June 2018. The company was founded in 1984 and is based in Montreal, Canada.… Read more