African Metals Corporation
AFR NuVenture Resources Inc., an exploration stage company, engages in the exploration and evaluation of mineral properties in North America. It explores for nickel, copper, and silver metals. The company holds 100% interest in the Mary Ann's Lake property that includes 14 claims covering an area of approximately 224 hectares located in the Richmond County, Nova Scotia on Cape Breton Island. It a… Read more
African Metals Corporation (AFR) - Total Assets
Latest total assets as of November 2025: CA$112.66K CAD
Based on the latest financial reports, African Metals Corporation (AFR) holds total assets worth CA$112.66K CAD as of November 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.
African Metals Corporation - Total Assets Trend (2019–2025)
This chart illustrates how African Metals Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
African Metals Corporation - Asset Composition Analysis
Current Asset Composition (May 2025)
African Metals Corporation's total assets of CA$112.66K consist of 23.7% current assets and 76.3% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 9.9% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how African Metals Corporation'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: African Metals Corporation's current assets represent 23.7% of total assets in 2025, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 9.9% of total assets in 2025, down from 97.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
African Metals Corporation Competitors by Total Assets
Key competitors of African Metals Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
African Metals Corporation - 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 - African Metals Corporation 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 - African Metals Corporation is currently not profitable relative to its asset base.
African Metals Corporation - 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 | 0.33 | 0.17 | 10.63 |
| Quick Ratio | 0.33 | 0.17 | 10.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-84.93K | CA$ -159.71K | CA$ 1.32 Million |
African Metals Corporation - Advanced Valuation Insights
This section examines the relationship between African Metals Corporation'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 | 1.43 |
| Latest Market Cap to Assets Ratio | 4.46 |
| Asset Growth Rate (YoY) | -2.8% |
| Total Assets | CA$91.74K |
| Market Capitalization | $409.36K USD |
Valuation Analysis
Premium Asset Valuation: The market values African Metals Corporation's assets at a significant premium ( 4.46x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: African Metals Corporation's assets decreased by 2.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for African Metals Corporation (2019–2025)
The table below shows the annual total assets of African Metals Corporation from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | CA$91.74K | -2.82% |
| 2024-05-31 | CA$94.41K | -79.89% |
| 2023-05-31 | CA$469.41K | -56.18% |
| 2022-05-31 | CA$1.07 Million | -26.71% |
| 2021-05-31 | CA$1.46 Million | -35.48% |
| 2020-05-31 | CA$2.27 Million | -20.11% |
| 2019-05-31 | CA$2.84 Million | -- |