Rhyolite Resources Ltd

V:RYE Canada Gold
Market Cap
$8.96 Million
CA$12.86 Million CAD
Market Cap Rank
#29916 Global
#193 in Canada
Share Price
CA$0.12
Change (1 day)
-11.11%
52-Week Range
CA$0.10 - CA$0.18
All Time High
CA$0.18
About

Rhyolite Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. Rhyolite Resources Ltd. was incorporated in 2006 and is based in Vancouver, Canada.

Rhyolite Resources Ltd (RYE) - Net Assets

Latest net assets as of September 2025: CA$6.52 Million CAD

Based on the latest financial reports, Rhyolite Resources Ltd (RYE) has net assets worth CA$6.52 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$6.54 Million) and total liabilities (CA$20.36K). 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$6.52 Million
% of Total Assets 99.69%
Annual Growth Rate 19.64%
5-Year Change 314.07%
10-Year Change N/A
Growth Volatility 588.36

Rhyolite Resources Ltd - Net Assets Trend (2014–2025)

This chart illustrates how Rhyolite Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Rhyolite Resources Ltd (2014–2025)

The table below shows the annual net assets of Rhyolite Resources Ltd from 2014 to 2025.

Year Net Assets Change
2025-06-30 CA$6.52 Million +1.57%
2024-06-30 CA$6.42 Million -10.67%
2023-06-30 CA$7.19 Million -74.05%
2022-06-30 CA$27.71 Million +1658.87%
2017-06-30 CA$1.58 Million +440.32%
2016-06-30 CA$291.55K -46.61%
2015-06-30 CA$546.07K -39.80%
2014-06-30 CA$907.06K --

Equity Component Analysis

This analysis shows how different components contribute to Rhyolite Resources Ltd'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 3071614100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Other Components CA$39.99 Million 613.03%
Total Equity CA$6.52 Million 100.00%

Rhyolite Resources Ltd Competitors by Market Cap

The table below lists competitors of Rhyolite Resources Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Rhyolite Resources Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 6,422,121 to 6,522,871, a change of 100,750 (1.6%).
  • Net income of 502,199 contributed positively to equity growth.
  • Other factors decreased equity by 401,449.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$502.20K +7.7%
Other Changes CA$-401.45K -6.15%
Total Change CA$- 1.57%

Book Value vs Market Value Analysis

This analysis compares Rhyolite Resources Ltd'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: 1.97x
  • 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 0.50x to 1.97x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2022-06-30 CA$0.24 CA$0.12 x
2023-06-30 CA$0.06 CA$0.12 x
2024-06-30 CA$0.06 CA$0.12 x
2025-06-30 CA$0.06 CA$0.12 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Rhyolite Resources Ltd 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): 7.70%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.01x
  • Recent ROE (7.70%) is above the historical average (-61.45%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 -8.65% 0.00% 0.00x 1.02x CA$-169.13K
2015 -66.11% 0.00% 0.00x 1.12x CA$-415.60K
2016 -105.01% 0.00% 0.00x 1.06x CA$-335.32K
2017 -7.90% 0.00% 0.00x 1.01x CA$-281.99K
2022 -13.98% 0.00% 0.00x 1.02x CA$-6.64 Million
2023 -292.02% 0.00% 0.00x 1.33x CA$-21.71 Million
2024 -5.61% 0.00% 0.00x 1.01x CA$-1.00 Million
2025 7.70% 0.00% 0.00x 1.01x CA$-150.09K

Industry Comparison

This section compares Rhyolite Resources Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $3,323,818
  • Average return on equity (ROE) among peers: -12.01%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Rhyolite Resources Ltd (RYE) CA$6.52 Million -8.65% 0.00x $7.23 Million
Athabasca Minerals Inc (ABM) $14.67 Million -17.11% 0.38x $3.80 Million
AIS Resources Ltd (AIS) $733.20K -18.86% 0.02x $1.22 Million
Algo Grande Copper Corp. (ALGR) $3.28 Million -19.80% 0.18x $7.66 Million
Alliance Mining Corp (ALM) $-2.44 Million 0.00% 0.00x $1.27 Million
Argus Metals Corp. (AML) $-194.53K 0.00% 0.00x $248.82K
Antler Gold Inc (ANTL) $5.56 Million -15.72% 0.05x $3.41 Million
Apogee Minerals Ltd (APMI) $509.07K -27.00% 0.02x $1.15 Million
Awale Resources Ltd (ARIC) $11.21 Million -15.12% 0.10x $38.72 Million
Au Gold Corp (AUGC) $1.73 Million -6.53% 0.01x $4.70 Million
AUX Resources Corporation (AUX) $-1.82 Million 0.00% 0.00x $12.37 Million