Auric Resources Corp.
Auric Resources Corp. explores and evaluates mineral properties in Canada. The company was formerly known as Red Rock Capital Corp. and changed its name to Auric Resources Corp. in February 2024. Auric Resources Corp. was incorporated in 2012 and is headquartered in Vancouver, Canada.
Auric Resources Corp. (RES) - Total Assets
Latest total assets as of September 2025: CA$1.66 Million CAD
Based on the latest financial reports, Auric Resources Corp. (RES) holds total assets worth CA$1.66 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.
Auric Resources Corp. - Total Assets Trend (2021–2024)
This chart illustrates how Auric Resources Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Auric Resources Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
Auric Resources Corp.'s total assets of CA$1.66 Million consist of 62.2% current assets and 37.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 59.7% |
| Accounts Receivable | CA$38.75K | 2.2% |
| 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 (2021–2024)
This chart illustrates how Auric 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: Auric Resources Corp.'s current assets represent 62.2% of total assets in 2024, a decrease from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 59.7% of total assets in 2024, down from 99.7% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 2.2% of total assets.
Auric Resources Corp. Competitors by Total Assets
Key competitors of Auric Resources Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF
|
USA | $127.20K |
|
GRDV
PINK:GRDV
|
USA | $273.00 |
|
Napier Ventures Inc
PINK:NPRVF
|
USA | $66.28 |
|
Placer Creek Mining
OTCGREY:PRCK
|
USA | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 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 |
Auric 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
Lower asset utilization - Auric 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
Negative ROA - Auric Resources Corp. is currently not profitable relative to its asset base.
Auric 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 | 3.30 | 19.62 | 19.62 |
| Quick Ratio | 3.30 | 19.62 | 19.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$278.15K | CA$ 1.17 Million | CA$ 1.17 Million |
Auric Resources Corp. - Advanced Valuation Insights
This section examines the relationship between Auric 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 | 3.06 |
| Latest Market Cap to Assets Ratio | 1.22 |
| Asset Growth Rate (YoY) | 6.2% |
| Total Assets | CA$1.77 Million |
| Market Capitalization | $2.17 Million USD |
Valuation Analysis
Above Book Valuation: The market values Auric Resources Corp.'s assets above their book value (1.22 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Auric Resources Corp.'s assets grew by 6.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Auric Resources Corp. (2021–2024)
The table below shows the annual total assets of Auric Resources Corp. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.77 Million | +6.20% |
| 2023-12-31 | CA$1.67 Million | -11.37% |
| 2022-12-31 | CA$1.88 Million | -9.08% |
| 2021-12-31 | CA$2.07 Million | -- |