Sierra Madre Gold and Silver Ltd (SM) - Net Assets
Based on the latest financial reports, Sierra Madre Gold and Silver Ltd (SM) has net assets worth CA$55.11 Million CAD (≈ $39.86 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$65.81 Million ≈ $47.61 Million USD) and total liabilities (CA$10.70 Million ≈ $7.74 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 Sierra Madre Gold and Silver Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$55.11 Million |
| % of Total Assets | 83.73% |
| Annual Growth Rate | 157.9% |
| 5-Year Change | 353.91% |
| 10-Year Change | N/A |
| Growth Volatility | 3343.77 |
Sierra Madre Gold and Silver Ltd - Net Assets Trend (2019–2025)
This chart illustrates how Sierra Madre Gold and Silver Ltd's net assets have evolved over time, based on quarterly financial data. See SM days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sierra Madre Gold and Silver Ltd (2019–2025)
The table below shows the annual net assets of Sierra Madre Gold and Silver Ltd from 2019 to 2025. For live valuation and market cap data, see Sierra Madre Gold and Silver Ltd (SM) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$48.98 Million ≈ $35.43 Million |
+96.27% |
| 2024-12-31 | CA$24.95 Million ≈ $18.05 Million |
-6.55% |
| 2023-12-31 | CA$26.70 Million ≈ $19.32 Million |
+750.85% |
| 2022-12-31 | CA$3.14 Million ≈ $2.27 Million |
-70.91% |
| 2021-12-31 | CA$10.79 Million ≈ $7.81 Million |
-29.36% |
| 2020-12-31 | CA$15.27 Million ≈ $11.05 Million |
+9088.88% |
| 2019-12-31 | CA$166.23K ≈ $120.25K |
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Equity Component Analysis
This analysis shows how different components contribute to Sierra Madre Gold and Silver 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 12805414600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$177.38 Million | 362.17% |
| Total Equity | CA$48.98 Million | 100.00% |
Sierra Madre Gold and Silver Ltd Competitors by Market Cap
The table below lists competitors of Sierra Madre Gold and Silver Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Selan Exploration Technology Limited
NSE:SELAN
|
$210.95 Million |
|
Thayer Ventures Acquisition Corporation II Class A Ordinary Shares
NASDAQ:TVAI
|
$211.02 Million |
|
Neto M.E Holdings Ltd
TA:NTO
|
$211.06 Million |
|
Angang Steel Company Limited
F:GNV
|
$211.23 Million |
|
Anhui Huaqi Environmental Protection Technology Co. Ltd.
SHE:300929
|
$210.75 Million |
|
Oaktree Acquisition Corp. III Life Sciences Class A Ordinary Share
NASDAQ:OACC
|
$210.69 Million |
|
Alfen Beheer BV
AS:ALFEN
|
$210.60 Million |
|
Grupo Industrial Saltillo S.A.B. de C.V
MX:GISSAA
|
$210.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sierra Madre Gold and Silver Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,953,384 to 48,976,367, a change of 24,022,983 (96.3%).
- Net income of 8,134,561 contributed positively to equity growth.
- New share issuances of 14,271,130 increased equity.
- Other factors increased equity by 1,617,292.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$8.13 Million | +16.61% |
| Share Issuances | CA$14.27 Million | +29.14% |
| Other Changes | CA$1.62 Million | +3.3% |
| Total Change | CA$- | 96.27% |
Book Value vs Market Value Analysis
This analysis compares Sierra Madre Gold and Silver 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: 6.04x
- 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 decreased from 611.58x to 6.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$0.00 | CA$1.59 | x |
| 2020-12-31 | CA$0.24 | CA$1.59 | x |
| 2021-12-31 | CA$0.17 | CA$1.59 | x |
| 2022-12-31 | CA$0.05 | CA$1.59 | x |
| 2023-12-31 | CA$0.18 | CA$1.59 | x |
| 2024-12-31 | CA$0.16 | CA$1.59 | x |
| 2025-12-31 | CA$0.26 | CA$1.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sierra Madre Gold and Silver Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.60%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.37x
- Recent ROE (16.61%) is above the historical average (-62.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -133.17% | 0.00% | 0.00x | 1.48x | CA$-237.99K |
| 2020 | -7.88% | 0.00% | 0.00x | 1.03x | CA$-2.73 Million |
| 2021 | -65.92% | 0.00% | 0.00x | 1.01x | CA$-8.19 Million |
| 2022 | -81.66% | 0.00% | 0.00x | 2.99x | CA$-2.88 Million |
| 2023 | -149.80% | 0.00% | 0.00x | 1.14x | CA$-42.67 Million |
| 2024 | -16.33% | -61.94% | 0.19x | 1.40x | CA$-6.57 Million |
| 2025 | 16.61% | 32.60% | 0.37x | 1.37x | CA$3.24 Million |
Industry Comparison
This section compares Sierra Madre Gold and Silver Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $8,968,473
- Average return on equity (ROE) among peers: -5058.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sierra Madre Gold and Silver Ltd (SM) | CA$55.11 Million | -133.17% | 0.19x | $210.82 Million |
| AbraSilver Resource Corp. (ABRA) | $400.64K | -52.81% | 0.13x | $1.85 Billion |
| Archon Minerals Ltd (ACS) | $31.39K | -50144.47% | 2027.88x | $3.15 Million |
| Arctic Star Exploration Corp (ADD) | $1.35 Million | -152.13% | 0.40x | $1.73 Million |
| Adyton Resources Corp (ADY) | $14.98 Million | 5.60% | 0.05x | $71.75 Million |
| Adamera Minerals Corp. (ADZ) | $4.33 Million | -30.35% | 0.10x | $5.10 Million |
| Austral Gold Ltd (AGLD) | $14.37 Million | -188.43% | 4.16x | $65.15 Million |
| Clean Air Metals Inc (AIR) | $23.22 Million | -5.48% | 0.17x | $11.78 Million |
| Alpha Exploration Ltd (ALEX) | $7.30 Million | -10.62% | 0.17x | $37.20 Million |
| American Creek Resources Ltd (AMK) | $12.62 Million | 7.02% | 0.02x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $11.08 Million | -9.78% | 0.02x | $4.54 Million |
About Sierra Madre Gold and Silver Ltd
Sierra Madre Gold and Silver Ltd. operates as a precious metal development and exploration company in Mexico. The company explores for gold and silver deposits. Its flagship project includes the Guitarra silver-gold mine that consists of two underground operation centers and a flotation mill located near Toluca, Mexico; and the Tepic project, which comprises five mining concessions covering an ar… Read more