1844 Resources Inc

V:EFF Canada Other Industrial Metals & Mining
Market Cap
$2.97 Million
CA$4.26 Million CAD
Market Cap Rank
#34387 Global
#333 in Canada
Share Price
CA$0.03
Change (1 day)
+0.00%
52-Week Range
CA$0.02 - CA$0.04
All Time High
CA$0.11
About

1844 Resources Inc. engages in the identification, exploration, and development of mineral properties in Canada. It primarily explores for copper, nickel, gold, zinc, cobalt, and molybdenum deposits. The company has 100% interest in Hawk Ridge project, which covers an area of 173 square kilometers located on the tidewater in Quebec; vortex project consist of 40 claims covering an area of 24 squar… Read more

1844 Resources Inc (EFF) - Total Assets

Latest total assets as of October 2025: CA$419.78K CAD

Based on the latest financial reports, 1844 Resources Inc (EFF) holds total assets worth CA$419.78K CAD as of October 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.

1844 Resources Inc - Total Assets Trend (2017–2025)

This chart illustrates how 1844 Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

1844 Resources Inc - Asset Composition Analysis

Current Asset Composition (April 2025)

1844 Resources Inc's total assets of CA$419.78K consist of 46.4% current assets and 53.6% non-current assets.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 44.0%
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 (2017–2025)

This chart illustrates how 1844 Resources 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: 1844 Resources Inc's current assets represent 46.4% of total assets in 2025, a decrease from 100.0% in 2017.
  • Cash Position: Cash and equivalents constituted 44.0% of total assets in 2025, down from 96.9% in 2017.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
  • Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.

1844 Resources Inc Competitors by Total Assets

Key competitors of 1844 Resources Inc based on total assets are shown below.

1844 Resources 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

Historical Range: 0.00 - 0.00

Lower asset utilization - 1844 Resources 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

Historical Range: -5333.15% - -40.90%

Negative ROA - 1844 Resources Inc is currently not profitable relative to its asset base.

1844 Resources 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 0.20 0.03 3.31
Quick Ratio 0.20 0.03 3.31
Cash Ratio 0.00 0.00 0.00
Working Capital CA$-591.96K CA$ -900.27K CA$ 531.63K

1844 Resources Inc - Advanced Valuation Insights

This section examines the relationship between 1844 Resources 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 3.16
Latest Market Cap to Assets Ratio 2.52
Asset Growth Rate (YoY) -43.9%
Total Assets CA$762.48K
Market Capitalization $1.92 Million USD

Valuation Analysis

Premium Asset Valuation: The market values 1844 Resources Inc's assets at a significant premium ( 2.52x), suggesting investors see substantial growth potential or unique competitive advantages.

Significant Asset Reduction: 1844 Resources Inc's assets decreased by 43.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for 1844 Resources Inc (2017–2025)

The table below shows the annual total assets of 1844 Resources Inc from 2017 to 2025.

Year Total Assets Change
2025-04-30 CA$762.48K -43.86%
2024-04-30 CA$1.36 Million -0.96%
2023-04-30 CA$1.37 Million -2.80%
2022-04-30 CA$1.41 Million +20.63%
2021-04-30 CA$1.17 Million +328.61%
2020-04-30 CA$272.88K +208.03%
2019-04-30 CA$88.59K -9.13%
2018-04-30 CA$97.50K +117.59%
2017-04-30 CA$44.81K --