Doré Copper Mining Corp
Doré Copper Mining Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada. The company primarily explores for copper and gold deposits. It holds 100% interest in the Corner Bay copper deposit, the Cedar Bay past producing copper mine, the Copper Rand past producing copper mine, the Joe Mann past producing gold mine, the Devlin copper deposit, an… Read more
Doré Copper Mining Corp (DRCMF) - Total Assets
Latest total assets as of September 2024: $12.11 Million USD
Based on the latest financial reports, Doré Copper Mining Corp (DRCMF) holds total assets worth $12.11 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Doré Copper Mining Corp - Total Assets Trend (2018–2023)
This chart illustrates how Doré Copper Mining Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Doré Copper Mining Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Doré Copper Mining Corp's total assets of $12.11 Million consist of 38.0% current assets and 62.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 26.6% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how Doré Copper Mining Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Doré Copper Mining Corp's current assets represent 38.0% of total assets in 2023, a decrease from 60.8% in 2018.
- Cash Position: Cash and equivalents constituted 26.6% of total assets in 2023, down from 81.9% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Doré Copper Mining Corp Competitors by Total Assets
Key competitors of Doré Copper Mining Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630
|
China | CN¥91.90 Billion |
|
North Copper Shanxi Co Ltd
SHE:000737
|
China | CN¥19.47 Billion |
|
Yunnan Copper Co Ltd
SHE:000878
|
China | CN¥54.36 Billion |
|
Zhejiang Hailiang Co Ltd
SHE:002203
|
China | CN¥47.86 Billion |
|
Poongsan Holdi
KO:005810
|
Korea | ₩1.35 Trillion |
|
First Copper Technology Co Ltd
TW:2009
|
Taiwan | NT$10.15 Billion |
|
Nanjing Hanrui Cobalt Co Ltd
SHE:300618
|
China | CN¥9.38 Billion |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697
|
China | CN¥2.21 Billion |
Doré Copper Mining Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Doré Copper Mining Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Doré Copper Mining Corp is currently not profitable relative to its asset base.
Doré Copper Mining Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.34 | 0.47 | 3.92 |
| Quick Ratio | 2.34 | 0.47 | 3.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.88 Million | $ -839.06K | $ 6.38 Million |
Doré Copper Mining Corp - Advanced Valuation Insights
This section examines the relationship between Doré Copper Mining Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.68 |
| Latest Market Cap to Assets Ratio | 0.46 |
| Asset Growth Rate (YoY) | -9.0% |
| Total Assets | $11.51 Million |
| Market Capitalization | $5.27 Million USD |
Valuation Analysis
Below Book Valuation: The market values Doré Copper Mining Corp's assets below their book value (0.46 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Doré Copper Mining Corp's assets decreased by 9.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Doré Copper Mining Corp (2018–2023)
The table below shows the annual total assets of Doré Copper Mining Corp from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $11.51 Million | -9.05% |
| 2022-12-31 | $12.65 Million | -48.02% |
| 2021-12-31 | $24.33 Million | +109.97% |
| 2020-12-31 | $11.59 Million | -20.03% |
| 2019-12-31 | $14.49 Million | +4374.84% |
| 2018-12-31 | $323.89K | -- |