Red Pine Exploration Inc (RPX) - Net Assets

Latest as of October 2025: CA$6.36 Million CAD

Based on the latest financial reports, Red Pine Exploration Inc (RPX) has net assets worth CA$6.36 Million CAD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.91 Million) and total liabilities (CA$1.55 Million). 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$6.36 Million
% of Total Assets 80.45%
Annual Growth Rate -1.96%
5-Year Change 135.85%
10-Year Change 86.03%
Growth Volatility 92.84

Red Pine Exploration Inc - Net Assets Trend (1997–2023)

This chart illustrates how Red Pine Exploration Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Red Pine Exploration Inc (1997–2023)

The table below shows the annual net assets of Red Pine Exploration Inc from 1997 to 2023.

Year Net Assets Change
2023-07-31 CA$3.10 Million +13.31%
2022-07-31 CA$2.74 Million +9.70%
2021-07-31 CA$2.50 Million +231.04%
2020-07-31 CA$754.06K -42.68%
2019-07-31 CA$1.32 Million -48.27%
2018-07-31 CA$2.54 Million -30.61%
2017-07-31 CA$3.66 Million +282.57%
2016-07-31 CA$957.97K +317.11%
2015-07-31 CA$-441.24K -126.45%
2014-07-31 CA$1.67 Million +324.59%
2013-07-31 CA$-742.66K +2.08%
2012-07-31 CA$-758.40K -111.95%
2011-07-31 CA$6.35 Million -5.65%
2010-07-31 CA$6.73 Million +44.89%
2009-07-31 CA$4.64 Million -14.86%
2008-07-31 CA$5.46 Million +43.24%
2007-07-31 CA$3.81 Million +0.53%
2006-07-31 CA$3.79 Million +141.63%
2005-07-31 CA$1.57 Million +82.98%
2004-07-31 CA$856.84K -47.13%
2003-07-31 CA$1.62 Million -12.23%
2002-07-31 CA$1.85 Million -16.36%
2001-07-31 CA$2.21 Million -12.07%
2000-07-31 CA$2.51 Million -37.76%
1999-07-31 CA$4.03 Million -16.02%
1998-07-31 CA$4.80 Million -7.49%
1997-07-31 CA$5.19 Million --

Equity Component Analysis

This analysis shows how different components contribute to Red Pine Exploration 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 10452610900.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (July 2023)

Component Amount Percentage
Common Stock CA$99.05 Million 3192.24%
Other Comprehensive Income CA$1.76 Million 56.72%
Other Components CA$9.54 Million 307.52%
Total Equity CA$3.10 Million 100.00%

Red Pine Exploration Inc Competitors by Market Cap

The table below lists competitors of Red Pine Exploration Inc ranked by their market capitalization.

Company Market Cap
PB Bankshares Inc
NASDAQ:PBBK
 		$47.04 Million
Ashmore Asset Management Indonesia
JK:AMOR
 		$47.05 Million
Tondo Smart Ltd
TA:TNDO
 		$47.06 Million
LEVIATHAN METALS CORP.
F:0GP
 		$47.07 Million
Ozderici Gayrimenkul Yatirim Ortakligi AS
IS:OZGYO
 		$47.03 Million
Noul Co. Ltd.
KQ:376930
 		$47.02 Million
Wolford Aktiengesellschaft
VI:WOL
 		$47.00 Million
Perusahaan Sadur Timah Malaysia Perstima Bhd
KLSE:5436
 		$47.00 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Red Pine Exploration Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 2,738,334 to 3,102,867, a change of 364,533 (13.3%).
  • Net loss of 10,773,852 reduced equity.
  • New share issuances of 13,263,159 increased equity.
  • Other comprehensive income increased equity by 275,217.
  • Other factors decreased equity by 2,399,991.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income CA$-10.77 Million -347.22%
Share Issuances CA$13.26 Million +427.45%
Other Comprehensive Income CA$275.22K +8.87%
Other Changes CA$-2.40 Million -77.35%
Total Change CA$- 13.31%

Book Value vs Market Value Analysis

This analysis compares Red Pine Exploration 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: 7.94x
  • 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 0.01x to 7.94x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-07-31 CA$23.95 CA$0.18 x
1998-07-31 CA$20.70 CA$0.18 x
1999-07-31 CA$14.59 CA$0.18 x
2000-07-31 CA$8.97 CA$0.18 x
2001-07-31 CA$7.89 CA$0.18 x
2002-07-31 CA$6.60 CA$0.18 x
2003-07-31 CA$5.76 CA$0.18 x
2004-07-31 CA$2.89 CA$0.18 x
2005-07-31 CA$3.80 CA$0.18 x
2006-07-31 CA$5.19 CA$0.18 x
2007-07-31 CA$3.20 CA$0.18 x
2008-07-31 CA$3.48 CA$0.18 x
2009-07-31 CA$2.31 CA$0.18 x
2010-07-31 CA$2.75 CA$0.18 x
2011-07-31 CA$2.10 CA$0.18 x
2012-07-31 CA$-0.24 CA$0.18 x
2013-07-31 CA$-0.23 CA$0.18 x
2014-07-31 CA$0.43 CA$0.18 x
2015-07-31 CA$-0.09 CA$0.18 x
2016-07-31 CA$0.13 CA$0.18 x
2017-07-31 CA$0.20 CA$0.18 x
2018-07-31 CA$0.09 CA$0.18 x
2019-07-31 CA$0.04 CA$0.18 x
2020-07-31 CA$0.02 CA$0.18 x
2021-07-31 CA$0.04 CA$0.18 x
2022-07-31 CA$0.02 CA$0.18 x
2023-07-31 CA$0.02 CA$0.18 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Red Pine Exploration 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): -347.22%
  • 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: 1.35x
  • Recent ROE (-347.22%) is below the historical average (-142.87%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 7.06% 36678300.00% 0.00x 1.11x CA$-152.38K
1998 -16.72% -230.59% 0.06x 1.17x CA$-1.28 Million
1999 -33.92% -387.67% 0.08x 1.10x CA$-1.77 Million
2000 -61.94% -574.87% 0.10x 1.12x CA$-1.81 Million
2001 -13.72% -87.43% 0.15x 1.02x CA$-523.69K
2002 -19.57% -192.49% 0.10x 1.01x CA$-545.89K
2003 -14.85% -486.34% 0.03x 1.01x CA$-402.79K
2004 -114.71% -3768.39% 0.03x 1.09x CA$-1.07 Million
2005 -21.73% -1789.63% 0.01x 1.06x CA$-497.41K
2006 -6.17% -941.57% 0.01x 1.11x CA$-612.68K
2007 -1.87% -1906.68% 0.00x 1.09x CA$-452.23K
2008 -5.17% 0.00% 0.00x 1.03x CA$-827.73K
2009 -33.80% -777191.58% 0.00x 1.09x CA$-2.03 Million
2010 -8.22% -32305.55% 0.00x 1.12x CA$-1.23 Million
2011 -56.27% -244505.68% 0.00x 1.11x CA$-4.21 Million
2012 0.00% 0.00% 0.00x 0.00x CA$-237.48K
2013 0.00% 0.00% 0.00x 0.00x CA$80.40K
2014 -136.29% 0.00% 0.00x 1.26x CA$-2.44 Million
2015 0.00% 0.00% 0.00x 0.00x CA$-2.66 Million
2016 -155.92% -1961.97% 0.04x 2.12x CA$-1.59 Million
2017 -698.58% 0.00% 0.00x 1.32x CA$-25.97 Million
2018 -150.77% 0.00% 0.00x 1.26x CA$-4.09 Million
2019 -378.53% 0.00% 0.00x 1.37x CA$-5.11 Million
2020 -523.27% 0.00% 0.00x 2.00x CA$-4.02 Million
2021 -659.94% 0.00% 0.00x 1.71x CA$-16.72 Million
2022 -405.24% 0.00% 0.00x 1.61x CA$-11.37 Million
2023 -347.22% 0.00% 0.00x 1.35x CA$-11.08 Million

Industry Comparison

This section compares Red Pine Exploration Inc's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $37,435,313
  • Average return on equity (ROE) among peers: -27.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Red Pine Exploration Inc (RPX) CA$6.36 Million 7.06% 0.24x $47.04 Million
Abcourt Mines Inc. (ABI) $-3.13 Million 0.00% 0.00x $86.06 Million
Athabasca Minerals Inc (ABM) $20.44 Million -35.77% 0.45x $3.68 Million
American Eagle Gold Corp (AE) $3.52 Million -143.42% 0.34x $148.82 Million
Aero Energy Limited (AERO) $14.72 Million -5.86% 0.05x $9.68 Million
AIS Resources Ltd (AIS) $1.78 Million -62.23% 0.56x $1.76 Million
Algo Grande Copper Corp. (ALGR) $3.28 Million -19.80% 0.18x $9.71 Million
Alkane Resources Limited (ALK) $309.37 Million 5.71% 0.50x $985.87 Million
Alliance Mining Corp (ALM) $-656.72K 0.00% 0.00x $1.58 Million
Altamira Gold Corp (ALTA) $21.46 Million -7.16% 0.01x $38.60 Million
Argus Metals Corp. (AML) $3.56 Million -6.01% 0.17x $1.59 Million

About Red Pine Exploration Inc

V:RPX Canada Gold
Market Cap
$47.04 Million
CA$65.02 Million CAD
Market Cap Rank
#24487 Global
#700 in Canada
Share Price
CA$0.18
Change (1 day)
-2.78%
52-Week Range
CA$0.08 - CA$0.27
All Time High
CA$2.30
Categories
Companies in Canada Gold
About

RPX Gold Inc. engages in the acquisition, exploration, and development of mining properties in Canada. The company primarily explores for gold. Its flagship project is the 100% owned Wawa gold project that comprises 307 mining claims, 17 leases, and 106 patents covering 7,123 hectares located in the McMurray Township on the east of the town of Wawa in northern Ontario. The company was formerly kn… Read more