New Murchison Gold Ltd

AU:NMG Australia Other Industrial Metals & Mining
Market Cap
$343.08 Million
AU$554.08 Million AUD
Market Cap Rank
#15190 Global
#208 in Australia
Share Price
AU$0.05
Change (1 day)
+6.25%
52-Week Range
AU$0.01 - AU$0.08
All Time High
AU$0.08
Categories
Companies in Australia Other Industrial Metals & Mining
About

New Murchison Gold Limited engages in the mineral exploration activities in Australia. The company primarily explores for gold. Its flagship property is the Garden Gully property consisting of 677 square kilometers tenure package located in the Abbotts Greenstone Belt north of Meekatharra. The company was formerly known as Ora Gold Limited and changed its name to New Murchison Gold Limited in Nov… Read more

New Murchison Gold Ltd (NMG) - Net Assets

Latest net assets as of September 2025: AU$58.24 Million AUD

Based on the latest financial reports, New Murchison Gold Ltd (NMG) has net assets worth AU$58.24 Million AUD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$77.11 Million) and total liabilities (AU$18.87 Million). 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$58.24 Million
% of Total Assets 75.53%
Annual Growth Rate 7.74%
5-Year Change N/A
10-Year Change 1253.32%
Growth Volatility 119.46

New Murchison Gold Ltd - Net Assets Trend (2000–2025)

This chart illustrates how New Murchison Gold 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 New Murchison Gold Ltd (2000–2025)

The table below shows the annual net assets of New Murchison Gold Ltd from 2000 to 2025.

Year Net Assets Change
2025-09-30 AU$58.24 Million +326.33%
2024-09-30 AU$13.66 Million +175.09%
2023-09-30 AU$4.97 Million +213.03%
2022-09-30 AU$-4.39 Million -29.22%
2021-09-30 AU$-3.40 Million -191.71%
2020-09-30 AU$-1.17 Million +5.57%
2019-09-30 AU$-1.23 Million -165.56%
2018-09-30 AU$1.88 Million -56.43%
2017-09-30 AU$4.32 Million +0.40%
2016-09-30 AU$4.30 Million +1.22%
2015-09-30 AU$4.25 Million -45.32%
2014-09-30 AU$7.78 Million +326.45%
2013-09-30 AU$1.82 Million -43.89%
2012-09-30 AU$3.25 Million -52.66%
2011-09-30 AU$6.86 Million -75.06%
2010-09-30 AU$27.52 Million +31.12%
2009-09-30 AU$20.99 Million -17.51%
2008-09-30 AU$25.44 Million -27.70%
2007-09-30 AU$35.19 Million +155.08%
2006-09-30 AU$13.80 Million +48.44%
2005-09-30 AU$9.29 Million -18.41%
2004-09-30 AU$11.39 Million +24.89%
2003-09-30 AU$9.12 Million -0.19%
2002-09-30 AU$9.14 Million -4.33%
2001-09-30 AU$9.55 Million +5.65%
2000-09-30 AU$9.04 Million --

Equity Component Analysis

This analysis shows how different components contribute to New Murchison Gold 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 7352857100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Common Stock AU$126.89 Million 217.88%
Other Comprehensive Income AU$10.96 Million 18.81%
Total Equity AU$58.24 Million 100.00%

New Murchison Gold Ltd Competitors by Market Cap

The table below lists competitors of New Murchison Gold Ltd ranked by their market capitalization.

Company Market Cap
Lihe Technology
SHE:300800
 		$194.13 Million
DAIKI ALUM. IND.
F:7YB
 		$194.16 Million
Wuzhou Special Paper Group Co. Ltd.
SHG:605007
 		$194.17 Million
Devsisters corporation
KQ:194480
 		$194.27 Million
Mahindra Holidays & Resorts India Limited
NSE:MHRIL
 		$194.03 Million
Jiangsu Jingyuan Environmental Protection Co Ltd
SHG:688096
 		$194.03 Million
FM MATTSSON MORA GR.B
F:1FS0
 		$194.02 Million
Elixirr International plc
OTCGREY:ELXXF
 		$193.97 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in New Murchison Gold Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 13,660,549 to 58,239,254, a change of 44,578,705 (326.3%).
  • Net income of 4,792,852 contributed positively to equity growth.
  • Share repurchases of 1,976,936 reduced equity.
  • New share issuances of 40,208,961 increased equity.
  • Other comprehensive income increased equity by 1,431,235.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$4.79 Million +8.23%
Share Repurchases AU$1.98 Million -3.39%
Share Issuances AU$40.21 Million +69.04%
Other Comprehensive Income AU$1.43 Million +2.46%
Other Changes AU$122.59K +0.21%
Total Change AU$- 326.33%

Book Value vs Market Value Analysis

This analysis compares New Murchison Gold 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: 7.94x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 0.27x to 7.94x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-09-30 AU$0.19 AU$0.05 x
2001-09-30 AU$0.13 AU$0.05 x
2002-09-30 AU$0.10 AU$0.05 x
2003-09-30 AU$0.09 AU$0.05 x
2004-09-30 AU$0.08 AU$0.05 x
2005-09-30 AU$0.06 AU$0.05 x
2007-09-30 AU$0.15 AU$0.05 x
2008-09-30 AU$0.11 AU$0.05 x
2009-09-30 AU$0.08 AU$0.05 x
2010-09-30 AU$0.09 AU$0.05 x
2011-09-30 AU$0.02 AU$0.05 x
2012-09-30 AU$0.01 AU$0.05 x
2013-09-30 AU$0.00 AU$0.05 x
2014-09-30 AU$0.01 AU$0.05 x
2015-09-30 AU$0.01 AU$0.05 x
2016-09-30 AU$0.01 AU$0.05 x
2017-09-30 AU$0.01 AU$0.05 x
2018-09-30 AU$0.00 AU$0.05 x
2019-09-30 AU$0.00 AU$0.05 x
2020-09-30 AU$0.00 AU$0.05 x
2021-09-30 AU$0.00 AU$0.05 x
2022-09-30 AU$0.00 AU$0.05 x
2023-09-30 AU$0.00 AU$0.05 x
2024-09-30 AU$0.00 AU$0.05 x
2025-09-30 AU$0.01 AU$0.05 x

Capital Efficiency Dashboard

This dashboard shows how efficiently New Murchison Gold 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): 8.23%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 26.69%
  • • Asset Turnover: 0.23x
  • • Equity Multiplier: 1.32x
  • Recent ROE (8.23%) is above the historical average (-60.24%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 -8.00% 0.00% 0.00x 1.01x AU$-1.72 Million
2002 -11.03% 0.00% 0.00x 1.01x AU$-1.92 Million
2003 -18.23% -2589.00% 0.01x 1.03x AU$-2.58 Million
2004 -19.89% -11457.94% 0.00x 1.02x AU$-3.40 Million
2005 -29.02% -1448.07% 0.02x 1.07x AU$-3.63 Million
2006 -14.23% 0.00% 0.00x 1.03x AU$-3.34 Million
2007 3.26% 150444.09% 0.00x 1.28x AU$-2.37 Million
2008 -39.09% -13828.64% 0.00x 1.40x AU$-12.49 Million
2009 -19.97% -2894.39% 0.00x 1.43x AU$-6.29 Million
2010 46.54% 1565.85% 0.03x 1.13x AU$10.05 Million
2011 -347.56% 0.00% 0.00x 1.60x AU$-24.54 Million
2012 -145.82% 0.00% 0.00x 1.31x AU$-5.06 Million
2013 -271.78% -1355.31% 0.14x 1.40x AU$-5.14 Million
2014 -28.94% -1565.73% 0.02x 1.06x AU$-3.03 Million
2015 -86.94% -1640.84% 0.05x 1.12x AU$-4.12 Million
2016 -128.15% -6521.90% 0.02x 1.11x AU$-5.95 Million
2017 -59.44% -164.08% 0.30x 1.20x AU$-3.00 Million
2018 -272.79% -5457.56% 0.04x 1.16x AU$-5.32 Million
2019 0.00% -19000.62% 0.03x 0.00x AU$-3.17 Million
2020 0.00% -70141.90% 0.00x 0.00x AU$-2.70 Million
2021 0.00% -120085.21% 0.01x 0.00x AU$-2.06 Million
2022 0.00% -611531.22% 0.00x 0.00x AU$-1.87 Million
2023 -43.43% -8976.18% 0.00x 1.43x AU$-2.65 Million
2024 -19.84% -19713.72% 0.00x 1.08x AU$-4.08 Million
2025 8.23% 26.69% 0.23x 1.32x AU$-1.03 Million

Industry Comparison

This section compares New Murchison Gold Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $2,995,611
  • Average return on equity (ROE) among peers: -21.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
New Murchison Gold Ltd (NMG) AU$58.24 Million -8.00% 0.32x $194.06 Million
EXULTANT FPO [10X] (10X) $5.63 Million -1.35% 0.01x $1.10K
Morella Corporation Ltd (1MC) $5.43 Million -6.71% 0.57x $2.93 Million
6K Additive Inc (6KA) $-21.36 Million 0.00% 0.00x $24.91 Million
Atlantic Lithium Ltd (A11) $789.39K -143.95% 0.47x $71.83 Million
African Gold Ltd (A1G) $6.42 Million -11.14% 0.01x $170.41 Million
Albright Metals Ltd (ABR) $5.61 Million 0.47% 0.11x $1.11 Million
Audalia Resources Ltd (ACP) $2.12 Million -18.55% 0.04x $893.85K
Accent Resources NL (ACS) $4.38 Million -14.12% 0.03x $211.71K
Acdc Metals Ltd (ADC) $10.13 Million -6.86% 0.04x $1.02 Million
Admiralty Resources NL (ADY) $10.81 Million -14.31% 1.16x $5.70 Million