Laurion Mineral Exploration Inc
Laurion Mineral Exploration Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, silver, zinc, copper, and other base metal deposits. The company's flagship property is the Ishkoday property covering an area of 57.43 square kilometer located in Irwin, Pifher, Walters, Summer, and Elmhirst townships, Thunder Bay Mining Divis… Read more
Laurion Mineral Exploration Inc (LMEFF) - Total Assets
Latest total assets as of September 2025: $7.11 Million USD
Based on the latest financial reports, Laurion Mineral Exploration Inc (LMEFF) holds total assets worth $7.11 Million USD as of September 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.
Laurion Mineral Exploration Inc - Total Assets Trend (1997–2024)
This chart illustrates how Laurion Mineral Exploration Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Laurion Mineral Exploration Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Laurion Mineral Exploration Inc's total assets of $7.11 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 59.4% |
| Accounts Receivable | $261.95K | 2.6% |
| 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 (1997–2024)
This chart illustrates how Laurion Mineral Exploration 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: Laurion Mineral Exploration Inc's current assets represent 100.0% of total assets in 2024, an increase from 12.0% in 1997.
- Cash Position: Cash and equivalents constituted 59.4% of total assets in 2024, up from 11.1% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1997.
- Asset Diversification: The largest asset category is accounts receivable at 2.6% of total assets.
Laurion Mineral Exploration Inc Competitors by Total Assets
Key competitors of Laurion Mineral Exploration 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 |
Laurion Mineral Exploration 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 - Laurion Mineral Exploration 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 - Laurion Mineral Exploration Inc is currently not profitable relative to its asset base.
Laurion Mineral Exploration 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 | 11.85 | 20.47 | 8.96 |
| Quick Ratio | 11.85 | 20.47 | 5.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $6.51 Million | $ 8.43 Million | $ 2.57 Million |
Laurion Mineral Exploration Inc - Advanced Valuation Insights
This section examines the relationship between Laurion Mineral Exploration 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 | 9.87 |
| Latest Market Cap to Assets Ratio | 4.65 |
| Asset Growth Rate (YoY) | 8.9% |
| Total Assets | $10.19 Million |
| Market Capitalization | $47.38 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Laurion Mineral Exploration Inc's assets at a significant premium ( 4.65x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Laurion Mineral Exploration Inc's assets grew by 8.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Laurion Mineral Exploration Inc (1997–2024)
The table below shows the annual total assets of Laurion Mineral Exploration Inc from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $10.19 Million | +8.87% |
| 2023-12-31 | $9.36 Million | +1.63% |
| 2022-12-31 | $9.21 Million | -7.17% |
| 2021-12-31 | $9.92 Million | +242.94% |
| 2020-12-31 | $2.89 Million | +39.67% |
| 2019-12-31 | $2.07 Million | +621.18% |
| 2018-12-31 | $287.18K | +1299.16% |
| 2017-12-31 | $20.52K | -47.14% |
| 2016-12-31 | $38.83K | -65.03% |
| 2015-12-31 | $111.06K | -96.86% |
| 2014-12-31 | $3.53 Million | -21.78% |
| 2013-12-31 | $4.52 Million | -9.47% |
| 2012-12-31 | $4.99 Million | -1.97% |
| 2011-12-31 | $5.09 Million | -28.08% |
| 2010-12-31 | $7.08 Million | +107.61% |
| 2009-12-31 | $3.41 Million | -6.77% |
| 2008-12-31 | $3.66 Million | -33.16% |
| 2007-12-31 | $5.47 Million | +116.35% |
| 2006-12-31 | $2.53 Million | -10.46% |
| 2005-12-31 | $2.82 Million | -28.59% |
| 2004-12-31 | $3.96 Million | -14.55% |
| 2003-12-31 | $4.63 Million | +13.62% |
| 2002-12-31 | $4.07 Million | +19.26% |
| 2001-12-31 | $3.42 Million | +2.08% |
| 2000-12-31 | $3.35 Million | -4.26% |
| 1999-12-31 | $3.50 Million | -2.75% |
| 1998-12-31 | $3.59 Million | -7.15% |
| 1997-12-31 | $3.87 Million | -- |