Newcore Gold Ltd - Asset Resilience Ratio

Latest as of December 2024: 0.00%

Newcore Gold Ltd (NCAU) has an Asset Resilience Ratio of 0.00% as of December 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets

CA$0.00
Cash + Short-term Investments

Total Assets

CA$56.75 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2024)

This chart shows how Newcore Gold Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Newcore Gold Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$0.00 0%
Total Liquid Assets CA$0.00 0.00%

Asset Resilience Insights

  • Limited Liquidity: Newcore Gold Ltd maintains only 0.00% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company maintains a balanced mix of cash and short-term investments.

Newcore Gold Ltd Industry Peers by Asset Resilience Ratio

Compare Newcore Gold Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Contango ORE Inc
NYSE MKT:CTGO
Gold 0.00%
Dakota Gold Corp.
NYSE MKT:DC
Gold 27.69%
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
Gold 4.22%
Bahvest Resources Bhd
KLSE:0098
Gold 31.41%
CROSS RIVER VENTURES CORP
F:C6R
Gold 0.00%
Asante Gold Corporation
F:1A9
Gold 0.23%
American Pacific Mining Corp
F:1QC1
Gold 0.00%
Rio2 Limited
F:1SB
Gold 0.04%

Annual Asset Resilience Ratio for Newcore Gold Ltd (2016–2024)

The table below shows the annual Asset Resilience Ratio data for Newcore Gold Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.00% CA$0.00 CA$56.75 Million --
2023-12-31 0.00% CA$0.00 CA$46.23 Million --
2022-12-31 6.74% CA$3.00 Million CA$44.51 Million -5.02pp
2021-12-31 11.76% CA$4.75 Million CA$40.39 Million -26.59pp
2020-12-31 38.35% CA$11.94 Million CA$31.12 Million +35.40pp
2019-12-31 2.95% CA$432.00K CA$14.65 Million -1.79pp
2018-12-31 4.74% CA$721.44K CA$15.23 Million -2.37pp
2017-12-31 7.10% CA$1.04 Million CA$14.62 Million -0.78pp
2016-12-31 7.88% CA$1.11 Million CA$14.05 Million --
pp = percentage points

About Newcore Gold Ltd

V:NCAU Canada Gold
Market Cap
$135.78 Million
CA$187.69 Million CAD
Market Cap Rank
#19597 Global
#461 in Canada
Share Price
CA$0.66
Change (1 day)
+4.76%
52-Week Range
CA$0.51 - CA$0.91
All Time High
CA$0.92
About

Newcore Gold Ltd. engages in the acquisition, advancement, and development of mineral resource properties in Ghana. It holds 100% interest in the Enchi Gold Project covering 248 square kilometers located in southwest Ghana, as well as holds six prospecting licenses. The company was formerly known as Pinecrest Resources Ltd. and changed its name to Newcore Gold Ltd. in August 2020. Newcore Gold Lt… Read more