Torr Metals Inc
Torr Metals Inc. engages in the identification, acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for copper, gold, silver, and molybdenum deposits. The company holds a 100% interest in the Kolos copper gold project that covers an area of 27,500 hectares located in south-central British Columbia; and the Filion Gold Project which covers an area of 26,… Read more
Torr Metals Inc (TMET) - Net Assets
Latest net assets as of October 2025: CA$6.30 Million CAD
Based on the latest financial reports, Torr Metals Inc (TMET) has net assets worth CA$6.30 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$8.10 Million) and total liabilities (CA$1.80 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$6.30 Million |
| % of Total Assets | 77.81% |
| Annual Growth Rate | 46.73% |
| 5-Year Change | 534.27% |
| 10-Year Change | N/A |
| Growth Volatility | 1198.38 |
Torr Metals Inc - Net Assets Trend (2019–2025)
This chart illustrates how Torr Metals 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 Torr Metals Inc (2019–2025)
The table below shows the annual net assets of Torr Metals Inc from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | CA$1.54 Million | -82.16% |
| 2024-04-30 | CA$8.63 Million | -0.30% |
| 2023-04-30 | CA$8.66 Million | +7.67% |
| 2022-04-30 | CA$8.04 Million | +3211.71% |
| 2021-04-30 | CA$242.81K | -13.06% |
| 2020-04-30 | CA$279.28K | +81.05% |
| 2019-04-30 | CA$154.26K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Torr Metals 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 902086900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$10.57 Million | 686.43% |
| Total Equity | CA$1.54 Million | 100.00% |
Torr Metals Inc Competitors by Market Cap
The table below lists competitors of Torr Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hannun SA
MC:HAN
|
$5.96 Million |
|
Middlesex Water Company PFD 7%
PINK:MSEXP
|
$5.96 Million |
|
Superhouse Limited
NSE:SUPERHOUSE
|
$5.96 Million |
|
Greenville Federal Financial Corp
PINK:GVFF
|
$5.96 Million |
|
Avensia publ AB
ST:AVEN
|
$5.95 Million |
|
Maxindo Karya Anugerah
JK:MAXI
|
$5.95 Million |
|
Glycorex Transplantation AB (publ)
F:O33
|
$5.95 Million |
|
Capitea S.A.
WAR:CAP
|
$5.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Torr Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,632,376 to 1,540,089, a change of -7,092,287 (-82.2%).
- Net loss of 7,999,190 reduced equity.
- New share issuances of 853,150 increased equity.
- Other factors increased equity by 53,753.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-8.00 Million | -519.4% |
| Share Issuances | CA$853.15K | +55.4% |
| Other Changes | CA$53.75K | +3.49% |
| Total Change | CA$- | -82.16% |
Book Value vs Market Value Analysis
This analysis compares Torr Metals 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: 2.98x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.09x to 2.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-04-30 | CA$0.04 | CA$0.11 | x |
| 2020-04-30 | CA$0.06 | CA$0.11 | x |
| 2021-04-30 | CA$0.06 | CA$0.11 | x |
| 2022-04-30 | CA$0.25 | CA$0.11 | x |
| 2023-04-30 | CA$0.24 | CA$0.11 | x |
| 2024-04-30 | CA$0.24 | CA$0.11 | x |
| 2025-04-30 | CA$0.04 | CA$0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Torr Metals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -519.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.15x
- Recent ROE (-519.40%) is below the historical average (-101.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -62.47% | 0.00% | 0.00x | 1.20x | CA$-202.41K |
| 2021 | -15.02% | 0.00% | 0.00x | 1.06x | CA$-60.75K |
| 2022 | -9.19% | 0.00% | 0.00x | 1.03x | CA$-1.54 Million |
| 2023 | -1.22% | 0.00% | 0.00x | 1.05x | CA$-971.75K |
| 2024 | -0.30% | 0.00% | 0.00x | 1.01x | CA$-889.06K |
| 2025 | -519.40% | 0.00% | 0.00x | 1.15x | CA$-8.15 Million |
Industry Comparison
This section compares Torr Metals Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Torr Metals Inc (TMET) | CA$6.30 Million | -62.47% | 0.29x | $5.95 Million |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |