Orex Minerals Inc (REX) - Net Assets
Based on the latest financial reports, Orex Minerals Inc (REX) has net assets worth CA$6.72 Million CAD (≈ $4.86 Million USD) as of April 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$8.17 Million ≈ $5.91 Million USD) and total liabilities (CA$1.45 Million ≈ $1.05 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 Orex Minerals Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$6.72 Million |
| % of Total Assets | 82.23% |
| Annual Growth Rate | 12.76% |
| 5-Year Change | 2.82% |
| 10-Year Change | -27.92% |
| Growth Volatility | 92.4 |
Orex Minerals Inc - Net Assets Trend (2001–2026)
This chart illustrates how Orex Minerals Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Orex Minerals Inc market capitalisation.
Annual Net Assets for Orex Minerals Inc (2001–2026)
The table below shows the annual net assets of Orex Minerals Inc from 2001 to 2026. Also explore REX net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-04-30 | CA$6.72 Million ≈ $4.86 Million |
+187.51% |
| 2025-04-30 | CA$2.34 Million ≈ $1.69 Million |
-20.61% |
| 2024-04-30 | CA$2.94 Million ≈ $2.13 Million |
-34.95% |
| 2023-04-30 | CA$4.52 Million ≈ $3.27 Million |
-30.75% |
| 2022-04-30 | CA$6.53 Million ≈ $4.73 Million |
-23.32% |
| 2021-04-30 | CA$8.52 Million ≈ $6.16 Million |
+179.51% |
| 2020-04-30 | CA$3.05 Million ≈ $2.20 Million |
-27.08% |
| 2019-04-30 | CA$4.18 Million ≈ $3.02 Million |
-33.23% |
| 2018-04-30 | CA$6.26 Million ≈ $4.53 Million |
-32.82% |
| 2017-04-30 | CA$9.32 Million ≈ $6.74 Million |
-26.86% |
| 2016-04-30 | CA$12.74 Million ≈ $9.22 Million |
-1.14% |
| 2015-04-30 | CA$12.89 Million ≈ $9.32 Million |
-22.85% |
| 2014-04-30 | CA$16.70 Million ≈ $12.08 Million |
+93.30% |
| 2013-04-30 | CA$8.64 Million ≈ $6.25 Million |
+19.32% |
| 2012-04-30 | CA$7.24 Million ≈ $5.24 Million |
-6.23% |
| 2011-04-30 | CA$7.72 Million ≈ $5.59 Million |
+113.48% |
| 2010-04-30 | CA$3.62 Million ≈ $2.62 Million |
+53.36% |
| 2009-04-30 | CA$2.36 Million ≈ $1.71 Million |
-2.28% |
| 2008-04-30 | CA$2.41 Million ≈ $1.75 Million |
+21.08% |
| 2007-04-30 | CA$1.99 Million ≈ $1.44 Million |
+313.54% |
| 2006-04-30 | CA$482.11K ≈ $348.75K |
-33.42% |
| 2005-04-30 | CA$724.08K ≈ $523.79K |
-5.31% |
| 2004-04-30 | CA$764.70K ≈ $553.17K |
+15026.76% |
| 2003-04-30 | CA$-5.12K ≈ $-3.71K |
-105.23% |
| 2002-04-30 | CA$97.91K ≈ $70.83K |
-70.68% |
| 2001-04-30 | CA$333.93K ≈ $241.56K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Orex Minerals Inc'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 4644955100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$53.76 Million | 800.54% |
| Total Equity | CA$6.72 Million | 100.00% |
Orex Minerals Inc Competitors by Market Cap
The table below lists competitors of Orex Minerals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Energisme
PA:ALNRG
|
$11.45 Million |
|
Rajshree Sugars & Chemicals Limited
NSE:RAJSREESUG
|
$11.46 Million |
|
Noble Mineral Exploration Inc
V:NOB
|
$11.47 Million |
|
Imexhs Ltd
AU:IME
|
$11.47 Million |
|
Noble Helium Ltd
AU:NHE
|
$11.45 Million |
|
Platinex Inc
F:9PX
|
$11.43 Million |
|
Profithol S.A.
MC:SPH
|
$11.42 Million |
|
Dynaciate Group Bhd
KLSE:5178
|
$11.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Orex Minerals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 2,335,950 to 6,715,979, a change of 4,380,029 (187.5%).
- Net loss of 1,606,256 reduced equity.
- New share issuances of 5,000,000 increased equity.
- Other factors increased equity by 986,285.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.61 Million | -23.92% |
| Share Issuances | CA$5.00 Million | +74.45% |
| Other Changes | CA$986.28K | +14.69% |
| Total Change | CA$- | 187.51% |
Book Value vs Market Value Analysis
This analysis compares Orex Minerals Inc'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: 2.36x
- 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 0.37x to 2.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-04-30 | CA$0.62 | CA$0.23 | x |
| 2002-04-30 | CA$0.12 | CA$0.23 | x |
| 2003-04-30 | CA$-0.01 | CA$0.23 | x |
| 2004-04-30 | CA$0.88 | CA$0.23 | x |
| 2005-04-30 | CA$0.37 | CA$0.23 | x |
| 2006-04-30 | CA$0.19 | CA$0.23 | x |
| 2007-04-30 | CA$0.39 | CA$0.23 | x |
| 2008-04-30 | CA$0.30 | CA$0.23 | x |
| 2009-04-30 | CA$0.23 | CA$0.23 | x |
| 2010-04-30 | CA$0.21 | CA$0.23 | x |
| 2011-04-30 | CA$0.32 | CA$0.23 | x |
| 2012-04-30 | CA$0.21 | CA$0.23 | x |
| 2013-04-30 | CA$0.20 | CA$0.23 | x |
| 2014-04-30 | CA$0.26 | CA$0.23 | x |
| 2015-04-30 | CA$0.13 | CA$0.23 | x |
| 2016-04-30 | CA$0.12 | CA$0.23 | x |
| 2017-04-30 | CA$0.08 | CA$0.23 | x |
| 2018-04-30 | CA$0.06 | CA$0.23 | x |
| 2019-04-30 | CA$0.37 | CA$0.23 | x |
| 2020-04-30 | CA$0.26 | CA$0.23 | x |
| 2021-04-30 | CA$0.51 | CA$0.23 | x |
| 2022-04-30 | CA$0.35 | CA$0.23 | x |
| 2023-04-30 | CA$0.24 | CA$0.23 | x |
| 2024-04-30 | CA$0.15 | CA$0.23 | x |
| 2025-04-30 | CA$0.07 | CA$0.23 | x |
| 2026-04-30 | CA$0.10 | CA$0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Orex Minerals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.22x
- Recent ROE (-23.92%) is above the historical average (-75.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -136.93% | 0.00% | 0.00x | 1.13x | CA$-490.63K |
| 2002 | -288.13% | 0.00% | 0.00x | 1.23x | CA$-291.91K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-222.12K |
| 2004 | -44.77% | 0.00% | 0.00x | 1.01x | CA$-418.82K |
| 2005 | -136.45% | 0.00% | 0.00x | 1.04x | CA$-1.06 Million |
| 2006 | -206.81% | 0.00% | 0.00x | 1.04x | CA$-1.05 Million |
| 2007 | -115.93% | 0.00% | 0.00x | 1.06x | CA$-2.51 Million |
| 2008 | -84.26% | 0.00% | 0.00x | 1.04x | CA$-2.28 Million |
| 2009 | -128.82% | 0.00% | 0.00x | 1.13x | CA$-3.27 Million |
| 2010 | -143.47% | 0.00% | 0.00x | 1.03x | CA$-5.55 Million |
| 2011 | -41.28% | 0.00% | 0.00x | 1.62x | CA$-3.96 Million |
| 2012 | -85.03% | 0.00% | 0.00x | 1.55x | CA$-6.88 Million |
| 2013 | -36.98% | 0.00% | 0.00x | 1.52x | CA$-4.06 Million |
| 2014 | -16.42% | 0.00% | 0.00x | 1.05x | CA$-4.41 Million |
| 2015 | -50.04% | 0.00% | 0.00x | 1.13x | CA$-7.74 Million |
| 2016 | 131.63% | 0.00% | 0.00x | 1.04x | CA$15.50 Million |
| 2017 | -46.06% | 0.00% | 0.00x | 1.01x | CA$-5.22 Million |
| 2018 | -53.98% | 0.00% | 0.00x | 1.01x | CA$-4.00 Million |
| 2019 | -50.42% | -16675.38% | 0.00x | 1.02x | CA$-2.53 Million |
| 2020 | -76.11% | 0.00% | 0.00x | 1.03x | CA$-2.62 Million |
| 2021 | -29.86% | 0.00% | 0.00x | 1.01x | CA$-3.40 Million |
| 2022 | -35.59% | 0.00% | 0.00x | 1.01x | CA$-2.98 Million |
| 2023 | -51.53% | 0.00% | 0.00x | 1.02x | CA$-2.78 Million |
| 2024 | -63.67% | 0.00% | 0.00x | 1.18x | CA$-2.17 Million |
| 2025 | -141.41% | 0.00% | 0.00x | 1.22x | CA$-3.54 Million |
| 2026 | -23.92% | 0.00% | 0.00x | 1.22x | CA$-2.28 Million |
Industry Comparison
This section compares Orex Minerals Inc'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: $36,030,955
- Average return on equity (ROE) among peers: -14.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Orex Minerals Inc (REX) | CA$6.72 Million | -136.93% | 0.22x | $11.45 Million |
| Aftermath Silver Ltd (AAG) | $-31.00K | 0.00% | 0.00x | $170.52 Million |
| Aton Resources Inc (AAN) | $-1.00 Million | 0.00% | 0.00x | $45.18 Million |
| Arbor Metals Corp (ABR) | $10.98 Million | -14.09% | 0.06x | $5.80 Million |
| Asiabasemetals Inc (ABZ) | $-637.51K | 0.00% | 0.00x | $2.91 Million |
| Adex Mining Inc (ADE) | $-5.15 Million | 0.00% | 0.00x | $44.09 Million |
| Alphamin Res (AFM) | $1.24 Million | -29.70% | 0.12x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $6.99 Million | -54.56% | 0.04x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $1.83 Million | -2.38% | 4.39x | $159.91 Million |
| Almonty Industries Inc (AII) | $357.81 Million | -45.25% | 0.65x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $-11.72 Million | 0.00% | 0.00x | $382.92 Million |
About Orex Minerals Inc
Orex Minerals Inc., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Mexico and Canada. It explores for silver, copper, gold, lead, and zinc. The company was incorporated in 1996 and is headquartered in Vancouver, Canada.