First Andes Silver Ltd.
First Andes Silver Ltd., an exploration stage company, engages in the exploration and development of mineral properties in Peru. It explores for silver and gold deposits. The company was formerly known as Mantaro Precious Metals Corp. and changed its name to First Andes Silver Ltd. in April 2024. First Andes Silver Ltd. is headquartered in Vancouver, Canada.
First Andes Silver Ltd. (FAS) - Total Assets
Latest total assets as of November 2025: CA$5.23 Million CAD
Based on the latest financial reports, First Andes Silver Ltd. (FAS) holds total assets worth CA$5.23 Million 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.
First Andes Silver Ltd. - Total Assets Trend (2022–2025)
This chart illustrates how First Andes Silver Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Andes Silver Ltd. - Asset Composition Analysis
Current Asset Composition (February 2025)
First Andes Silver Ltd.'s total assets of CA$5.23 Million consist of 20.8% current assets and 79.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 20.4% |
| 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 (2022–2025)
This chart illustrates how First Andes Silver Ltd.'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: First Andes Silver Ltd.'s current assets represent 20.8% of total assets in 2025, a decrease from 45.5% in 2022.
- Cash Position: Cash and equivalents constituted 20.4% of total assets in 2025, down from 44.6% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
First Andes Silver Ltd. Competitors by Total Assets
Key competitors of First Andes Silver Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
First Andes Silver Ltd. - 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 - First Andes Silver Ltd. 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 - First Andes Silver Ltd. is currently not profitable relative to its asset base.
First Andes Silver Ltd. - 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 | 1.17 | 0.07 | 0.63 |
| Quick Ratio | 1.17 | 0.07 | 0.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$88.00K | CA$ -703.69K | CA$ -168.51K |
First Andes Silver Ltd. - Advanced Valuation Insights
This section examines the relationship between First Andes Silver Ltd.'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 | 2.17 |
| Latest Market Cap to Assets Ratio | 1.16 |
| Asset Growth Rate (YoY) | 57.0% |
| Total Assets | CA$4.56 Million |
| Market Capitalization | $5.29 Million USD |
Valuation Analysis
Above Book Valuation: The market values First Andes Silver Ltd.'s assets above their book value (1.16 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: First Andes Silver Ltd.'s assets grew by 57.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for First Andes Silver Ltd. (2022–2025)
The table below shows the annual total assets of First Andes Silver Ltd. from 2022 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-02-28 | CA$4.56 Million | +56.96% |
| 2024-02-29 | CA$2.91 Million | -68.16% |
| 2023-02-28 | CA$9.13 Million | -11.09% |
| 2022-02-28 | CA$10.27 Million | -- |