Auric Minerals (AUMC.CN)

Net assets on the balance sheet as of April 2025 : $1.49 Million USD

According to Auric Minerals's latest financial reports the company has $1.49 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Auric Minerals - Net assets on balance sheet (from 2022 to 2025)

Net assets by year

Year	Net assets	Change
2024-10-31	$$0.05 M	-68.3%
2023-10-31	$$0.17 M	-35.29%
2022-10-31	$$0.27 M	-16.1%
2021-10-31	$$0.32 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Auric Minerals (AUMC.CN) - Net assets