Prime Meridian Resources Corp

PINK:PMDRF USA Other Industrial Metals & Mining
Market Cap
$2.56 Million
Market Cap Rank
#33772 Global
#11022 in USA
Share Price
$0.06
Change (1 day)
+0.00%
52-Week Range
$0.06 - $0.06
All Time High
$0.16
About

Brasnova Energy Materials Inc. engages in the exploration and development of energy metals projects and properties. The company explores for copper, phosphate, and molybdenum deposits. It has an option to purchase 100% interest in the Cuatro Hermanos Porphyry Copper Project comprises nine concessions and covers an area of 2,825 hectares located in Sonora, Mexico and acquires the Piaui Verde Phosp… Read more

Prime Meridian Resources Corp (PMDRF) - Total Assets

Latest total assets as of September 2025: $74.19K USD

Based on the latest financial reports, Prime Meridian Resources Corp (PMDRF) holds total assets worth $74.19K 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.

Prime Meridian Resources Corp - Total Assets Trend (2015–2024)

This chart illustrates how Prime Meridian Resources Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Prime Meridian Resources Corp - Asset Composition Analysis

Current Asset Composition (December 2024)

Prime Meridian Resources Corp's total assets of $74.19K consist of 100.0% current assets and 0.0% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 6.8%
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 (2015–2024)

This chart illustrates how Prime Meridian Resources 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: Prime Meridian Resources Corp's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2015.
  • Cash Position: Cash and equivalents constituted 6.8% of total assets in 2024, up from 0.0% in 2015.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
  • Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.

Prime Meridian Resources Corp Competitors by Total Assets

Key competitors of Prime Meridian Resources Corp based on total assets are shown below.

Prime Meridian Resources 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

Historical Range: 0.00 - 0.00

Lower asset utilization - Prime Meridian Resources 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

Historical Range: -41568.03% - 76.99%

Negative ROA - Prime Meridian Resources Corp is currently not profitable relative to its asset base.

Prime Meridian Resources 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 0.00 0.03 0.00
Quick Ratio 0.00 0.03 0.00
Cash Ratio 0.00 0.00 0.00
Working Capital $-3.49 Million $ -1.50 Million $ -4.32 Million

Prime Meridian Resources Corp - Advanced Valuation Insights

This section examines the relationship between Prime Meridian Resources 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 -
Latest Market Cap to Assets Ratio 110.17
Asset Growth Rate (YoY) -96.0%
Total Assets $21.45K
Market Capitalization $2.36 Million USD

Valuation Analysis

Premium Asset Valuation: The market values Prime Meridian Resources Corp's assets at a significant premium ( 110.17x), suggesting investors see substantial growth potential or unique competitive advantages.

Significant Asset Reduction: Prime Meridian Resources Corp's assets decreased by 96.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Prime Meridian Resources Corp (2015–2024)

The table below shows the annual total assets of Prime Meridian Resources Corp from 2015 to 2024.

Year Total Assets Change
2024-12-31 $21.45K -96.04%
2023-12-31 $541.10K +65.33%
2022-12-31 $327.27K -47.81%
2021-12-31 $627.10K +534.29%
2020-12-31 $98.87K +100.63%
2019-12-31 $49.28K +2265.77%
2018-12-31 $2.08K -97.19%
2017-12-31 $74.13K -79.61%
2016-12-31 $363.61K +882.48%
2015-12-31 $37.01K --