Metalore Resources Ltd

V:MET Canada Oil & Gas E&P
Market Cap
$3.09 Million
CA$4.44 Million CAD
Market Cap Rank
#35818 Global
#385 in Canada
Share Price
CA$2.50
Change (1 day)
+1.63%
52-Week Range
CA$2.20 - CA$2.94
All Time High
CA$4.35
About

Metalore Resources Limited, a junior resource company, engages in the natural gas production and gold exploration in Canada. The company owns and controls approximately 40,000 acres of petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. It also distributes natural gas to commercial and residential customers through pipelines… Read more

Metalore Resources Ltd (MET) - Total Assets

Latest total assets as of September 2025: CA$8.09 Million CAD

Based on the latest financial reports, Metalore Resources Ltd (MET) holds total assets worth CA$8.09 Million CAD 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.

Metalore Resources Ltd - Total Assets Trend (1998–2025)

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

Metalore Resources Ltd - Asset Composition Analysis

Current Asset Composition (March 2025)

Metalore Resources Ltd's total assets of CA$8.09 Million consist of 71.9% current assets and 28.1% non-current assets.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 6.6%
Accounts Receivable CA$836.52K 10.0%
Inventory CA$26.70K 0.3%
Property, Plant & Equipment CA$0.00 0.0%
Intangible Assets CA$0.00 0.0%
Goodwill CA$0.00 0.0%

Asset Composition Trend (1998–2025)

This chart illustrates how Metalore Resources 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: Metalore Resources Ltd's current assets represent 71.9% of total assets in 2025, an increase from 0.6% in 1998.
  • Cash Position: Cash and equivalents constituted 6.6% of total assets in 2025, up from 0.0% in 1998.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
  • Asset Diversification: The largest asset category is accounts receivable at 10.0% of total assets.

Metalore Resources Ltd Competitors by Total Assets

Key competitors of Metalore Resources Ltd based on total assets are shown below.

Company Country Total Assets
Bounty Oil & Gas NL
PINK:BYOGF
USA $8.51 Million
Shanxi Blue Flame Holding Co Ltd
SHE:000968
China CN¥11.13 Billion
Oriental Energy Co Ltd
SHE:002221
China CN¥40.74 Billion
P/F Atlantic Petroleum
CO:ATLA-DKK
Denmark Dkr7.35 Million
East West Minerals Ltd.
F:37A0
Germany €4.02 Million
Hibiscus Petroleum BHD
KLSE:5199
Malaysia RM7.43 Billion
Reach Energy Bhd
KLSE:5256
Malaysia RM861.30 Million
Geo-Jade Petroleum Corp
SHG:600759
China CN¥12.56 Billion

Metalore Resources 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

Historical Range: 0.04 - 0.11

Lower asset utilization - Metalore Resources Ltd generates 0.05x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -21.92% - 15.16%

Excellent ROA - For every $100 in assets, Metalore Resources Ltd generates $ 13.08 in net profit.

Metalore Resources 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 58.46 89.11 45.32
Quick Ratio 57.69 88.56 45.08
Cash Ratio 0.00 0.00 0.00
Working Capital CA$5.73 Million CA$ 5.11 Million CA$ 4.81 Million

Metalore Resources Ltd - Advanced Valuation Insights

This section examines the relationship between Metalore Resources 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 0.61
Latest Market Cap to Assets Ratio 0.13
Asset Growth Rate (YoY) 9.3%
Total Assets CA$8.37 Million
Market Capitalization $1.12 Million USD

Valuation Analysis

Below Book Valuation: The market values Metalore Resources Ltd's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Metalore Resources Ltd's assets grew by 9.3% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Metalore Resources Ltd (1998–2025)

The table below shows the annual total assets of Metalore Resources Ltd from 1998 to 2025.

Year Total Assets Change
2025-03-31 CA$8.37 Million +9.32%
2024-03-31 CA$7.66 Million -18.44%
2023-03-31 CA$9.39 Million -18.63%
2022-03-31 CA$11.54 Million +26.07%
2021-03-31 CA$9.15 Million +20.20%
2020-03-31 CA$7.61 Million -9.53%
2019-03-31 CA$8.42 Million -32.99%
2018-03-31 CA$12.56 Million +3.62%
2017-03-31 CA$12.12 Million -21.78%
2016-03-31 CA$15.50 Million -1.86%
2015-03-31 CA$15.79 Million -2.98%
2014-03-31 CA$16.28 Million +2.78%
2013-03-31 CA$15.84 Million -3.55%
2012-03-31 CA$16.42 Million -2.18%
2011-03-31 CA$16.78 Million +2.59%
2010-03-31 CA$16.36 Million +2.37%
2009-03-31 CA$15.98 Million +0.51%
2008-03-31 CA$15.90 Million +6.47%
2007-03-31 CA$14.93 Million +4.95%
2006-03-31 CA$14.23 Million +5.39%
2005-03-31 CA$13.50 Million -0.61%
2004-03-31 CA$13.59 Million +8.64%
2003-03-31 CA$12.51 Million +7.62%
2002-03-31 CA$11.62 Million +10.46%
2001-03-31 CA$10.52 Million +7.35%
2000-03-31 CA$9.80 Million +3.16%
1999-03-31 CA$9.50 Million -39.87%
1998-03-31 CA$15.80 Million --