Pirate Gold Corp. Asset Resilience Ratio
Pirate Gold Corp. asset resilience ratio. Pirate Gold Corp. (YARR) has an Asset Resilience Ratio of 1.43% as of March 2026. 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. See Pirate Gold Corp. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Pirate Gold Corp. (2021–2024)
Asset resilience ratio of Pirate Gold Corp. from 2021 to 2024. This chart shows how Pirate Gold Corp.'s Asset Resilience Ratio has changed over time. Read Pirate Gold Corp. (YARR) total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Pirate Gold Corp.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see balance sheet size of Pirate Gold Corp..
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$397.70K | 1.43% |
| Total Liquid Assets | CA$397.70K | 1.43% |
Asset Resilience Insights
- Limited Liquidity: Pirate Gold Corp. maintains only 1.43% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Pirate Gold Corp. Industry Peers by Asset Resilience Ratio
Compare Pirate Gold Corp.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Newmont Corporation
AU:NEM |
Gold | 0.01% |
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
Dundee Precious Metals Inc
TO:DPM |
Gold | 16.16% |
|
Perseus Mining Ltd
AU:PRU |
Gold | 14.98% |
|
OceanaGold Corporation
TO:OGC |
Gold | 13.91% |
Pirate Gold Corp. Asset Resilience Ratio by Year (2021–2024)
Pirate Gold Corp. asset resilience ratio by year from 2021 to 2024. The table below shows the annual Asset Resilience Ratio data for Pirate Gold Corp..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 6.29% | CA$506.69K ≈ $366.53K |
CA$8.06 Million ≈ $5.83 Million |
+4.39pp |
| 2023-06-30 | 1.90% | CA$127.15K ≈ $91.98K |
CA$6.70 Million ≈ $4.85 Million |
+0.58pp |
| 2022-06-30 | 1.32% | CA$165.59K ≈ $119.79K |
CA$12.52 Million ≈ $9.06 Million |
-0.39pp |
| 2021-06-30 | 1.71% | CA$291.50K ≈ $210.87K |
CA$17.00 Million ≈ $12.30 Million |
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About Pirate Gold Corp.
Pirate Gold Corp., an exploration-stage company, engages in the acquisition and exploration of mineral properties in Canada. It primarily focuses on its portfolio of gold projects located in the province of Newfoundland and Labrador. The company's flagship project is the 100% owned Moosehead gold property, which consist of 98 claims covering an area of approximately 2,450 hectares located in cent… Read more