Western Metallica Resources Corp.
Western Metallica Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Spain and Peru. The company explores for gold, silver, lead, zinc, copper, and molybdenum deposits. Its flagship project is the Caña Brava project which comprise of 4 exploration concessions covering an area of 5,700-hectare located in La Libertad Province, Peru. Western Metallica R… Read more
Western Metallica Resources Corp. (WMS) - Net Assets
Latest net assets as of March 2022: CA$-261.51K CAD
Based on the latest financial reports, Western Metallica Resources Corp. (WMS) has net assets worth CA$-261.51K CAD as of March 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$8.20 Million) and total liabilities (CA$8.46 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-261.51K |
| % of Total Assets | -3.19% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Western Metallica Resources Corp. - Net Assets Trend (2019–2021)
This chart illustrates how Western Metallica Resources 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 Western Metallica Resources Corp. (2019–2021)
The table below shows the annual net assets of Western Metallica Resources Corp. from 2019 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | CA$-92.88K | -44.22% |
| 2020-12-31 | CA$-64.40K | -112.41% |
| 2019-12-31 | CA$519.10K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Western Metallica Resources 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 79398000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$509.79K | % |
| Other Components | CA$390.95K | % |
| Total Equity | CA$-92.88K | 100.00% |
Western Metallica Resources Corp. Competitors by Market Cap
The table below lists competitors of Western Metallica Resources Corp. ranked by their market capitalization.
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Western Metallica Resources Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -64,402 to -92,882, a change of -28,480.
- Net loss of 210,480 reduced equity.
- Other factors increased equity by 182,000.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-210.48K | -226.61% |
| Other Changes | CA$182.00K | +195.95% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Western Metallica Resources 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$0.01 | CA$0.07 | x |
| 2020-12-31 | CA$0.00 | CA$0.07 | x |
| 2021-12-31 | CA$0.00 | CA$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Western Metallica Resources Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-12.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -37.29% | 0.00% | 0.00x | 1.36x | CA$-245.49K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-577.06K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-201.19K |
Industry Comparison
This section compares Western Metallica Resources Corp.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,323,818
- Average return on equity (ROE) among peers: -12.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Western Metallica Resources Corp. (WMS) | CA$-261.51K | -37.29% | N/A | $245.97K |
| Athabasca Minerals Inc (ABM) | $14.67 Million | -17.11% | 0.38x | $3.80 Million |
| AIS Resources Ltd (AIS) | $733.20K | -18.86% | 0.02x | $1.22 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $7.66 Million |
| Alliance Mining Corp (ALM) | $-2.44 Million | 0.00% | 0.00x | $1.27 Million |
| Argus Metals Corp. (AML) | $-194.53K | 0.00% | 0.00x | $248.82K |
| Antler Gold Inc (ANTL) | $5.56 Million | -15.72% | 0.05x | $3.41 Million |
| Apogee Minerals Ltd (APMI) | $509.07K | -27.00% | 0.02x | $1.15 Million |
| Awale Resources Ltd (ARIC) | $11.21 Million | -15.12% | 0.10x | $38.72 Million |
| Au Gold Corp (AUGC) | $1.73 Million | -6.53% | 0.01x | $4.70 Million |
| AUX Resources Corporation (AUX) | $-1.82 Million | 0.00% | 0.00x | $12.37 Million |