Cortus Metals Inc
Metalero Mining Corp. engages in the exploration and development of mineral resources in Nevada, the United States. It explores for gold, silver, and copper deposits. The company was formerly known as Cortus Metals Inc. and changed its name to Metalero Mining Corp. in February 2024. Metalero Mining Corp. was incorporated in 2018 and is headquartered in Edmonton, Canada.
Cortus Metals Inc (CRTTF) - Total Assets
Latest total assets as of July 2025: $286.52K USD
Based on the latest financial reports, Cortus Metals Inc (CRTTF) holds total assets worth $286.52K USD as of July 2025.
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.
Cortus Metals Inc - Total Assets Trend (2018–2024)
This chart illustrates how Cortus Metals Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cortus Metals Inc - Asset Composition Analysis
Current Asset Composition (October 2024)
Cortus Metals Inc's total assets of $286.52K consist of 23.2% current assets and 76.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 21.3% |
| 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 (2018–2024)
This chart illustrates how Cortus Metals Inc'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: Cortus Metals Inc's current assets represent 23.2% of total assets in 2024, a decrease from 100.0% in 2018.
- Cash Position: Cash and equivalents constituted 21.3% of total assets in 2024, down from 86.3% 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.
Cortus Metals Inc Competitors by Total Assets
Key competitors of Cortus Metals Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
Cortus Metals Inc - 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 - Cortus Metals Inc 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 - Cortus Metals Inc is currently not profitable relative to its asset base.
Cortus Metals Inc - 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 | 0.02 | 0.01 | 10.02 |
| Quick Ratio | 0.02 | 0.01 | 10.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.12 Million | $ -1.22 Million | $ 1.52 Million |
Cortus Metals Inc - Advanced Valuation Insights
This section examines the relationship between Cortus Metals Inc'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 | 0.36 |
| Latest Market Cap to Assets Ratio | 4.25 |
| Asset Growth Rate (YoY) | -34.2% |
| Total Assets | $370.83K |
| Market Capitalization | $1.58 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Cortus Metals Inc's assets at a significant premium ( 4.25x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Cortus Metals Inc's assets decreased by 34.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Cortus Metals Inc (2018–2024)
The table below shows the annual total assets of Cortus Metals Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | $370.83K | -34.18% |
| 2023-10-31 | $563.39K | -13.01% |
| 2022-10-31 | $647.63K | -87.16% |
| 2021-10-31 | $5.04 Million | +2078.05% |
| 2019-10-31 | $231.61K | +112.13% |
| 2018-10-31 | $109.19K | -- |