T2 Metals Corp.
T2 Metals Corp., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for copper, zinc, silver, and gold metals. Its flagship asset is the Sherridon Property, which consists of 28 mining claims and one mineral lease covering an area of 4,968 hectares located in the Sherridon mining district in … Read more
T2 Metals Corp. (TWO) - Net Assets
Latest net assets as of October 2025: CA$4.39 Million CAD
Based on the latest financial reports, T2 Metals Corp. (TWO) has net assets worth CA$4.39 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$5.01 Million) and total liabilities (CA$612.25K). 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$4.39 Million |
| % of Total Assets | 87.77% |
| Annual Growth Rate | 18.94% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 62.14 |
T2 Metals Corp. - Net Assets Trend (2021–2025)
This chart illustrates how T2 Metals 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 T2 Metals Corp. (2021–2025)
The table below shows the annual net assets of T2 Metals Corp. from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | CA$4.65 Million | +134.37% |
| 2024-04-30 | CA$1.98 Million | -16.98% |
| 2023-04-30 | CA$2.39 Million | +25.89% |
| 2022-04-30 | CA$1.90 Million | -18.30% |
| 2021-04-30 | CA$2.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to T2 Metals 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 340228900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$36.77 Million | 790.54% |
| Total Equity | CA$4.65 Million | 100.00% |
T2 Metals Corp. Competitors by Market Cap
The table below lists competitors of T2 Metals Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bioleaders Corporation
KQ:142760
|
$14.53 Million |
|
Akme Fintrade India Ltd
NSE:AFIL
|
$14.54 Million |
|
Alan Allman Associates SA
PA:AAA
|
$14.54 Million |
|
FreeMs Corporation
KQ:053160
|
$14.54 Million |
|
Viscom AG
XETRA:V6C
|
$14.53 Million |
|
United Maritime Corporation
NASDAQ:USEA
|
$14.53 Million |
|
Blue Square Real Estate Ltd
TA:BLSR
|
$14.52 Million |
|
Asuransi Multi Artha Guna Tbk PT
JK:AMAG
|
$14.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in T2 Metals Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,984,745 to 4,651,598, a change of 2,666,853 (134.4%).
- Net loss of 1,046,156 reduced equity.
- New share issuances of 3,473,000 increased equity.
- Other factors increased equity by 240,009.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.05 Million | -22.49% |
| Share Issuances | CA$3.47 Million | +74.66% |
| Other Changes | CA$240.01K | +5.16% |
| Total Change | CA$- | 134.37% |
Book Value vs Market Value Analysis
This analysis compares T2 Metals 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: 5.15x
- 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 4.96x to 5.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-04-30 | CA$0.11 | CA$0.57 | x |
| 2022-04-30 | CA$0.08 | CA$0.57 | x |
| 2023-04-30 | CA$0.08 | CA$0.57 | x |
| 2024-04-30 | CA$0.07 | CA$0.57 | x |
| 2025-04-30 | CA$0.11 | CA$0.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently T2 Metals Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -22.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.15x
- Recent ROE (-22.49%) is above the historical average (-35.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -36.72% | 0.00% | 0.00x | 1.06x | CA$-1.09 Million |
| 2022 | -66.88% | 0.00% | 0.00x | 1.14x | CA$-1.46 Million |
| 2023 | -28.46% | 0.00% | 0.00x | 1.21x | CA$-919.34K |
| 2024 | -20.45% | 0.00% | 0.00x | 1.31x | CA$-604.38K |
| 2025 | -22.49% | 0.00% | 0.00x | 1.15x | CA$-1.51 Million |
Industry Comparison
This section compares T2 Metals Corp.'s net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $4,302,982
- Average return on equity (ROE) among peers: -62.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| T2 Metals Corp. (TWO) | CA$4.39 Million | -36.72% | 0.14x | $14.53 Million |
| Aranjin Resources Ltd (ARJN) | $1.99 Million | -52.54% | 1.43x | $607.03K |
| Axo Copper Corp (AXO) | $80.00K | 0.00% | 0.00x | $117.09 Million |
| Capstone Mining Corp (CS) | $44.08K | -158.72% | 3.74x | $5.34 Billion |
| Faraday Copper Corp. (FDY) | $12.53 Million | -100.42% | 0.01x | $334.53 Million |
| Transforma Resources Corp (TFM) | $-941.49K | 0.00% | 0.00x | $341.87K |
| XXIX Metal Corp. (XXIX) | $12.12 Million | -60.41% | 0.02x | $27.77 Million |