Sokoman Minerals Corp (SIC) - Net Assets

Latest as of September 2025: CA$4.90 Million CAD

Based on the latest financial reports, Sokoman Minerals Corp (SIC) has net assets worth CA$4.90 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$5.14 Million) and total liabilities (CA$241.75K). 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$4.90 Million
% of Total Assets 95.3%
Annual Growth Rate 27.04%
5-Year Change 128.37%
10-Year Change 1621.81%
Growth Volatility 140.68

Sokoman Minerals Corp - Net Assets Trend (2006–2024)

This chart illustrates how Sokoman Minerals 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 Sokoman Minerals Corp (2006–2024)

The table below shows the annual net assets of Sokoman Minerals Corp from 2006 to 2024.

Year Net Assets Change
2024-06-30 CA$7.79 Million +47.65%
2023-06-30 CA$5.28 Million -51.40%
2022-06-30 CA$10.86 Million -33.60%
2021-06-30 CA$16.36 Million +379.23%
2020-06-30 CA$3.41 Million -10.93%
2019-06-30 CA$3.83 Million +180.89%
2018-06-30 CA$1.36 Million +126.22%
2017-06-30 CA$603.02K +115.58%
2016-06-30 CA$279.72K -38.21%
2015-06-30 CA$452.67K -7.13%
2014-06-30 CA$487.42K -32.70%
2013-06-30 CA$724.30K -15.12%
2012-06-30 CA$853.34K -41.34%
2011-06-30 CA$1.45 Million +17.84%
2010-06-30 CA$1.23 Million +145.76%
2009-06-30 CA$502.35K +434.23%
2008-06-30 CA$94.03K -61.86%
2007-06-30 CA$246.56K +135.08%
2006-06-30 CA$104.88K --

Equity Component Analysis

This analysis shows how different components contribute to Sokoman Minerals 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 4473032900.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Other Components CA$52.53 Million 673.96%
Total Equity CA$7.79 Million 100.00%

Sokoman Minerals Corp Competitors by Market Cap

The table below lists competitors of Sokoman Minerals Corp ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sokoman Minerals Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,278,550 to 7,794,042, a change of 2,515,492 (47.7%).
  • Net loss of 1,042,694 reduced equity.
  • New share issuances of 3,711,035 increased equity.
  • Other comprehensive income decreased equity by 1,806,867.
  • Other factors increased equity by 1,654,018.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-1.04 Million -13.38%
Share Issuances CA$3.71 Million +47.61%
Other Comprehensive Income CA$-1.81 Million -23.18%
Other Changes CA$1.65 Million +21.22%
Total Change CA$- 47.65%

Book Value vs Market Value Analysis

This analysis compares Sokoman Minerals 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: 10.49x
  • 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 0.57x to 10.49x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-06-30 CA$0.50 CA$0.29 x
2007-06-30 CA$0.74 CA$0.29 x
2008-06-30 CA$0.20 CA$0.29 x
2009-06-30 CA$0.23 CA$0.29 x
2010-06-30 CA$0.34 CA$0.29 x
2011-06-30 CA$0.27 CA$0.29 x
2012-06-30 CA$0.11 CA$0.29 x
2013-06-30 CA$0.07 CA$0.29 x
2014-06-30 CA$0.04 CA$0.29 x
2015-06-30 CA$0.03 CA$0.29 x
2016-06-30 CA$0.02 CA$0.29 x
2017-06-30 CA$0.02 CA$0.29 x
2018-06-30 CA$0.03 CA$0.29 x
2019-06-30 CA$0.04 CA$0.29 x
2020-06-30 CA$0.03 CA$0.29 x
2021-06-30 CA$0.11 CA$0.29 x
2022-06-30 CA$0.05 CA$0.29 x
2023-06-30 CA$0.02 CA$0.29 x
2024-06-30 CA$0.03 CA$0.29 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sokoman Minerals 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): -13.38%
  • 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: 1.03x
  • Recent ROE (-13.38%) is above the historical average (-115.07%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 -3.92% 0.00% 0.00x 1.33x CA$-14.60K
2007 -8.17% -497.24% 0.02x 1.05x CA$-44.80K
2008 -191.06% 0.00% 0.00x 1.20x CA$-189.06K
2009 -402.12% -63343.40% 0.01x 1.06x CA$-2.07 Million
2010 -123.59% 0.00% 0.00x 1.10x CA$-1.65 Million
2011 -121.13% 0.00% 0.00x 1.09x CA$-1.91 Million
2012 -261.10% 0.00% 0.00x 1.28x CA$-2.31 Million
2013 -292.96% 0.00% 0.00x 1.11x CA$-2.19 Million
2014 -92.70% 0.00% 0.00x 1.10x CA$-500.61K
2015 -27.56% 0.00% 0.00x 1.14x CA$-170.02K
2016 -61.83% -56891.12% 0.00x 1.20x CA$-200.92K
2017 -60.91% -150536.48% 0.00x 1.12x CA$-427.61K
2018 -38.27% 0.00% 0.00x 1.05x CA$-658.48K
2019 -90.84% 0.00% 0.00x 1.02x CA$-3.86 Million
2020 -72.52% 0.00% 0.00x 1.05x CA$-2.82 Million
2021 -23.08% 0.00% 0.00x 1.04x CA$-5.41 Million
2022 -112.93% 0.00% 0.00x 1.15x CA$-13.35 Million
2023 -188.30% 0.00% 0.00x 1.27x CA$-10.47 Million
2024 -13.38% 0.00% 0.00x 1.03x CA$-1.82 Million

Industry Comparison

This section compares Sokoman Minerals Corp'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
Sokoman Minerals Corp (SIC) CA$4.90 Million -3.92% 0.05x $90.70 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 Sokoman Minerals Corp

V:SIC Canada Gold
Market Cap
$93.49 Million
CA$129.24 Million CAD
Market Cap Rank
#21414 Global
#546 in Canada
Share Price
CA$0.29
Change (1 day)
+3.64%
52-Week Range
CA$0.03 - CA$0.29
All Time High
CA$0.76
About

Pirate Gold Corp., an exploration-stage company, engages in the acquisition and exploration of mineral properties in Canada. It primarily focuses on its portfolio of gold projects located in the province of Newfoundland and Labrador. The company's flagship project is the 100% owned Moosehead gold property, which consist of 98 claims covering an area of approximately 2,450 hectares located in cent… Read more