Silver Range Resources Ltd (SNG) - Net Assets
Based on the latest financial reports, Silver Range Resources Ltd (SNG) has net assets worth CA$5.29 Million CAD (≈ $3.83 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$5.39 Million ≈ $3.90 Million USD) and total liabilities (CA$103.44K ≈ $74.82K 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. Also explore balance sheet size of Silver Range Resources Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$5.29 Million |
| % of Total Assets | 98.08% |
| Annual Growth Rate | -13.48% |
| 5-Year Change | -47.56% |
| 10-Year Change | 18.24% |
| Growth Volatility | 44.7 |
Silver Range Resources Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Silver Range Resources Ltd's net assets have evolved over time, based on quarterly financial data. Check SNG tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Silver Range Resources Ltd (2013–2025)
The table below shows the annual net assets of Silver Range Resources Ltd from 2013 to 2025. For live valuation and market cap data, see SNG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$5.32 Million ≈ $3.85 Million |
-9.19% |
| 2024-12-31 | CA$5.86 Million ≈ $4.24 Million |
-39.76% |
| 2023-12-31 | CA$9.72 Million ≈ $7.03 Million |
-2.44% |
| 2022-12-31 | CA$9.97 Million ≈ $7.21 Million |
-1.75% |
| 2021-12-31 | CA$10.14 Million ≈ $7.34 Million |
+98.52% |
| 2020-12-31 | CA$5.11 Million ≈ $3.70 Million |
+15.09% |
| 2019-12-31 | CA$4.44 Million ≈ $3.21 Million |
-2.23% |
| 2018-12-31 | CA$4.54 Million ≈ $3.28 Million |
-20.48% |
| 2017-12-31 | CA$5.71 Million ≈ $4.13 Million |
+26.94% |
| 2016-12-31 | CA$4.50 Million ≈ $3.25 Million |
+55.88% |
| 2015-12-31 | CA$2.89 Million ≈ $2.09 Million |
-90.38% |
| 2014-12-31 | CA$30.00 Million ≈ $21.70 Million |
-0.71% |
| 2013-12-31 | CA$30.21 Million ≈ $21.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Silver Range 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 3192767200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$40.47 Million | 760.92% |
| Total Equity | CA$5.32 Million | 100.00% |
Silver Range Resources Ltd Competitors by Market Cap
The table below lists competitors of Silver Range Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sonnet Biotherapeutics Holdings Inc
NASDAQ:SONN
|
$8.60 Million |
|
EV Resources Ltd
AU:EVR
|
$8.60 Million |
|
Auriginal Mining Corp.
V:AUME
|
$8.62 Million |
|
XOX Bhd
KLSE:0165
|
$8.62 Million |
|
Ease2pay NV
AS:EAS2P
|
$8.59 Million |
|
The GrowHub Limited Class A Ordinary Shares
NASDAQ:TGHL
|
$8.59 Million |
|
Castle Minerals Ltd
AU:CDT
|
$8.59 Million |
|
Target Healthcare REIT Ltd
LSE:THRL
|
$8.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Silver Range Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,857,267 to 5,318,860, a change of -538,407 (-9.2%).
- Net loss of 757,504 reduced equity.
- New share issuances of 20,490 increased equity.
- Other factors increased equity by 198,607.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-757.50K | -14.24% |
| Share Issuances | CA$20.49K | +0.39% |
| Other Changes | CA$198.61K | +3.73% |
| Total Change | CA$- | -9.19% |
Book Value vs Market Value Analysis
This analysis compares Silver Range 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: 2.22x
- 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 1.42x to 2.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.08 | CA$0.12 | x |
| 2018-12-31 | CA$0.06 | CA$0.12 | x |
| 2019-12-31 | CA$0.06 | CA$0.12 | x |
| 2020-12-31 | CA$0.06 | CA$0.12 | x |
| 2021-12-31 | CA$0.12 | CA$0.12 | x |
| 2022-12-31 | CA$0.11 | CA$0.12 | x |
| 2023-12-31 | CA$0.10 | CA$0.12 | x |
| 2024-12-31 | CA$0.06 | CA$0.12 | x |
| 2025-12-31 | CA$0.05 | CA$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Silver Range Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-14.24%) is above the historical average (-83.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.66% | 0.00% | 0.00x | 1.07x | CA$-2.82 Million |
| 2014 | -0.81% | 0.00% | 0.00x | 1.06x | CA$-3.24 Million |
| 2015 | -940.49% | 0.00% | 0.00x | 1.01x | CA$-27.43 Million |
| 2016 | -11.13% | 0.00% | 0.00x | 1.03x | CA$-950.60K |
| 2017 | -16.95% | 0.00% | 0.00x | 1.01x | CA$-1.54 Million |
| 2018 | -45.13% | 0.00% | 0.00x | 1.02x | CA$-2.50 Million |
| 2019 | -11.15% | 0.00% | 0.00x | 1.04x | CA$-919.95K |
| 2020 | 3.11% | 0.00% | 0.00x | 1.02x | CA$-352.20K |
| 2021 | 42.26% | 0.00% | 0.00x | 1.01x | CA$3.27 Million |
| 2022 | -11.96% | 0.00% | 0.00x | 1.01x | CA$-2.19 Million |
| 2023 | -10.15% | 0.00% | 0.00x | 1.01x | CA$-1.96 Million |
| 2024 | -71.31% | 0.00% | 0.00x | 1.02x | CA$-4.76 Million |
| 2025 | -14.24% | 0.00% | 0.00x | 1.02x | CA$-1.29 Million |
Industry Comparison
This section compares Silver Range Resources 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: $11,809,015
- Average return on equity (ROE) among peers: -83.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Silver Range Resources Ltd (SNG) | CA$5.29 Million | 0.66% | 0.02x | $8.60 Million |
| AbraSilver Resource Corp. (ABRA) | $3.05 Million | -108.71% | 0.31x | $1.78 Billion |
| Archon Minerals Ltd (ACS) | $-1.32 Million | 0.00% | 0.00x | $2.76 Million |
| Arctic Star Exploration Corp (ADD) | $20.26 Million | -20.49% | 0.12x | $1.73 Million |
| Adyton Resources Corp (ADY) | $12.43 Million | -5.18% | 0.02x | $58.29 Million |
| Adamera Minerals Corp. (ADZ) | $744.66K | -744.51% | 0.75x | $3.92 Million |
| Austral Gold Ltd (AGLD) | $29.70 Million | 49.59% | 2.26x | $65.15 Million |
| Clean Air Metals Inc (AIR) | $23.22 Million | -5.48% | 0.17x | $9.06 Million |
| Alpha Exploration Ltd (ALEX) | $15.98 Million | -2.45% | 0.05x | $29.62 Million |
| American Creek Resources Ltd (AMK) | $12.31 Million | -23.60% | 0.17x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $1.72 Million | 28.88% | 0.04x | $4.54 Million |
About Silver Range Resources Ltd
Silver Range Resources Ltd., a resource exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. The company explores for gold, silver, zinc, gallium, indium, tin, lead, iron oxide, precious metals, and copper deposits. Silver Range Resources Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada.