E79 Gold Mines Ltd
E79 Gold Mines Limited engages in the exploration and evaluation of mineral properties in Australia. It explores for copper and gold deposits. The company owns 100% interest in the Laverton South Gold project covering approximately an area of 272 square kilometer located in the Kalgoorlie, Western Australia; and the Jungar Flats project that covers an area of 698 square kilometers located in the … Read more
E79 Gold Mines Ltd (E79) - Net Assets
Latest net assets as of December 2025: AU$8.63 Million AUD
Based on the latest financial reports, E79 Gold Mines Ltd (E79) has net assets worth AU$8.63 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$9.02 Million) and total liabilities (AU$387.78K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$8.63 Million |
| % of Total Assets | 95.7% |
| Annual Growth Rate | -1.3% |
| 5-Year Change | 109.3% |
| 10-Year Change | 86.42% |
| Growth Volatility | 80.76 |
E79 Gold Mines Ltd - Net Assets Trend (2012–2024)
This chart illustrates how E79 Gold Mines Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for E79 Gold Mines Ltd (2012–2024)
The table below shows the annual net assets of E79 Gold Mines Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$5.60 Million | -1.47% |
| 2023-12-31 | AU$5.68 Million | -25.48% |
| 2022-12-31 | AU$7.63 Million | -24.34% |
| 2021-12-31 | AU$10.08 Million | +276.72% |
| 2020-12-31 | AU$2.68 Million | +0.86% |
| 2019-12-31 | AU$2.65 Million | -5.67% |
| 2018-12-31 | AU$2.81 Million | -1.88% |
| 2017-12-31 | AU$2.87 Million | -2.49% |
| 2016-12-31 | AU$2.94 Million | -2.15% |
| 2015-12-31 | AU$3.00 Million | -5.33% |
| 2014-12-31 | AU$3.17 Million | -7.38% |
| 2013-12-31 | AU$3.43 Million | -47.70% |
| 2012-12-31 | AU$6.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to E79 Gold Mines Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1445604400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$23.07 Million | 411.92% |
| Other Comprehensive Income | AU$966.59K | 17.26% |
| Total Equity | AU$5.60 Million | 100.00% |
E79 Gold Mines Ltd Competitors by Market Cap
The table below lists competitors of E79 Gold Mines Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Webstar Technology Group Inc
PINK:WBSR
|
$5.78 Million |
|
ANAX Metals Ltd
AU:ANX
|
$5.78 Million |
|
VC Inc.
KQ:365900
|
$5.78 Million |
|
Hexa Tradex Limited
NSE:HEXATRADEX
|
$5.78 Million |
|
Lite Access Technologies Inc
V:LTE
|
$5.77 Million |
|
Harta Djaya Karya Tbk Pt
JK:MEJA
|
$5.77 Million |
|
Big Rock Brewery Inc
PINK:BRBMF
|
$5.77 Million |
|
Solution Financial Inc
PINK:SLNFF
|
$5.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in E79 Gold Mines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,682,920 to 5,599,525, a change of -83,395 (-1.5%).
- Net loss of 1,862,392 reduced equity.
- Share repurchases of 124,733 reduced equity.
- New share issuances of 1,800,000 increased equity.
- Other comprehensive income increased equity by 150,930.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.86 Million | -33.26% |
| Share Repurchases | AU$124.73K | -2.23% |
| Share Issuances | AU$1.80 Million | +32.15% |
| Other Comprehensive Income | AU$150.93K | +2.7% |
| Other Changes | AU$-47.20K | -0.84% |
| Total Change | AU$- | -1.47% |
Book Value vs Market Value Analysis
This analysis compares E79 Gold Mines Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.76x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.07x to 0.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | AU$0.49 | AU$0.04 | x |
| 2013-12-31 | AU$0.23 | AU$0.04 | x |
| 2014-12-31 | AU$0.21 | AU$0.04 | x |
| 2015-12-31 | AU$0.20 | AU$0.04 | x |
| 2016-12-31 | AU$0.20 | AU$0.04 | x |
| 2017-12-31 | AU$0.19 | AU$0.04 | x |
| 2018-12-31 | AU$0.19 | AU$0.04 | x |
| 2019-12-31 | AU$0.18 | AU$0.04 | x |
| 2020-12-31 | AU$0.04 | AU$0.04 | x |
| 2021-12-31 | AU$0.15 | AU$0.04 | x |
| 2022-12-31 | AU$0.12 | AU$0.04 | x |
| 2023-12-31 | AU$0.07 | AU$0.04 | x |
| 2024-12-31 | AU$0.05 | AU$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently E79 Gold Mines Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -33.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -695.27%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.06x
- Recent ROE (-33.26%) is below the historical average (-23.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -45.10% | 0.00% | 0.00x | 1.04x | AU$-3.61 Million |
| 2013 | -87.53% | -26214.83% | 0.00x | 1.03x | AU$-3.34 Million |
| 2014 | -3.11% | -1763.31% | 0.00x | 1.02x | AU$-415.90K |
| 2015 | -4.19% | -1545.00% | 0.00x | 1.01x | AU$-426.33K |
| 2016 | -2.20% | -1107.77% | 0.00x | 1.01x | AU$-358.60K |
| 2017 | -2.55% | -1395.37% | 0.00x | 1.01x | AU$-359.80K |
| 2018 | -1.92% | -1000.26% | 0.00x | 1.01x | AU$-335.13K |
| 2019 | -6.01% | -3465.93% | 0.00x | 1.01x | AU$-424.59K |
| 2020 | 0.85% | 417.77% | 0.00x | 1.02x | AU$-244.80K |
| 2021 | -23.10% | -12125.17% | 0.00x | 1.04x | AU$-3.34 Million |
| 2022 | -53.20% | -56489.68% | 0.00x | 1.10x | AU$-4.82 Million |
| 2023 | -48.17% | -2713.57% | 0.02x | 1.04x | AU$-3.31 Million |
| 2024 | -33.26% | -695.27% | 0.05x | 1.06x | AU$-2.42 Million |
Industry Comparison
This section compares E79 Gold Mines Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $39,500,222
- Average return on equity (ROE) among peers: -1151.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| E79 Gold Mines Ltd (E79) | AU$8.63 Million | -45.10% | 0.04x | $5.77 Million |
| Australasian Metals Ltd (A8G) | $7.19 Million | -3.48% | 0.03x | $1.25 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $43.13 Million |
| Aruma Resources Ltd (AAJ) | $1.10 Million | -25.68% | 0.39x | $2.13 Million |
| Astral Resources NL (AAR) | $5.74K | -11421.79% | 0.13x | $145.04 Million |
| Adelong Gold Ltd (ADG) | $4.53 Million | -12.96% | 0.02x | $6.07 Million |
| Ardiden Ltd (ADV) | $4.59 Million | -31.81% | 0.14x | $10.44 Million |
| Ark Mines Ltd (AHK) | $-5.30 Million | 0.00% | 0.00x | $7.52 Million |
| Aureka Ltd (AKA) | $3.84 Million | -18.30% | 0.11x | $6.48 Million |
| Alkane Resources Ltd (ALK) | $345.69 Million | 9.56% | 0.57x | $207.18 Million |
| Alchemy Resources Ltd (ALY) | $11.99 Million | -10.87% | 0.03x | $4.22 Million |