Auric Resources Corp.
Auric Resources Corp. explores and evaluates mineral properties in Canada. The company was formerly known as Red Rock Capital Corp. and changed its name to Auric Resources Corp. in February 2024. Auric Resources Corp. was incorporated in 2012 and is headquartered in Vancouver, Canada.
Auric Resources Corp. (RES) - Net Assets
Latest net assets as of September 2025: CA$1.48 Million CAD
Based on the latest financial reports, Auric Resources Corp. (RES) has net assets worth CA$1.48 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.66 Million) and total liabilities (CA$181.28K). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.48 Million |
| % of Total Assets | 89.08% |
| Annual Growth Rate | -7.44% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6.1 |
Auric Resources Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Auric Resources Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Auric Resources Corp. (2021–2024)
The table below shows the annual net assets of Auric Resources Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.62 Million | +1.09% |
| 2023-12-31 | CA$1.60 Million | -13.35% |
| 2022-12-31 | CA$1.85 Million | -9.49% |
| 2021-12-31 | CA$2.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Auric Resources 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 87160400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$3.46 Million | 213.08% |
| Total Equity | CA$1.62 Million | 100.00% |
Auric Resources Corp. Competitors by Market Cap
The table below lists competitors of Auric Resources Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DSV AS
BE:DS81
|
$2.17 Million |
|
CannBioRx Life Sciences Corp
NASDAQ:ATNFW
|
$2.17 Million |
|
ROYAL GOLD (RG3.SG)
STU:RG3
|
$2.17 Million |
|
Nova Organic PCL
BK:NV
|
$2.17 Million |
|
Interactive Strength Inc. Common Stock
NASDAQ:TRNR
|
$2.17 Million |
|
Armory Mining Corp.
PINK:RMRYF
|
$2.17 Million |
|
SONOVA HLDG N - Dusseldorf Stock Exchang
DU:PHBN
|
$2.16 Million |
|
VULCAN MATERIALS - Dusseldorf Stock Exchang
DU:VMC
|
$2.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Auric Resources Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,604,210 to 1,621,703, a change of 17,493 (1.1%).
- Net loss of 430,362 reduced equity.
- Other factors increased equity by 447,855.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-430.36K | -26.54% |
| Other Changes | CA$447.86K | +27.62% |
| Total Change | CA$- | 1.09% |
Book Value vs Market Value Analysis
This analysis compares Auric Resources 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: 1.51x
- 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 1.10x to 1.51x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$0.09 | CA$0.10 | x |
| 2022-12-31 | CA$0.08 | CA$0.10 | x |
| 2023-12-31 | CA$0.07 | CA$0.10 | x |
| 2024-12-31 | CA$0.07 | CA$0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Auric Resources Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -26.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.09x
- Recent ROE (-26.54%) is below the historical average (-14.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -6.53% | 0.00% | 0.00x | 1.01x | CA$-338.04K |
| 2022 | -10.48% | 0.00% | 0.00x | 1.02x | CA$-379.21K |
| 2023 | -15.41% | 0.00% | 0.00x | 1.04x | CA$-407.59K |
| 2024 | -26.54% | 0.00% | 0.00x | 1.09x | CA$-592.53K |
Industry Comparison
This section compares Auric Resources Corp.'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: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Auric Resources Corp. (RES) | CA$1.48 Million | -6.53% | 0.12x | $2.17 Million |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |