GO METALS CORP. Net Assets
GO METALS CORP. net assets. Based on the latest financial reports, GO METALS CORP. (47GA) has net assets worth €316.85K EUR (≈ $370.43K USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€392.22K ≈ $458.55K USD) and total liabilities (€75.37K ≈ $88.12K USD). 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. Also explore GO METALS CORP. (47GA) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €316.85K |
| % of Total Assets | 80.78% |
| Annual Growth Rate | -32.99% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.57 |
Net Assets of GO METALS CORP. (2022–2025)
Net assets of GO METALS CORP. from 2022 to 2025. This chart illustrates how GO METALS CORP.'s net assets have evolved over time, based on quarterly financial data. See GO METALS CORP. balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for GO METALS CORP. (2022–2025)
The table below shows the annual net assets of GO METALS CORP. from 2022 to 2025. For live market cap and overall valuation, see GO METALS CORP. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | €534.52K ≈ $624.92K |
-43.11% |
| 2024-07-31 | €939.52K ≈ $1.10 Million |
-40.59% |
| 2023-07-31 | €1.58 Million ≈ $1.85 Million |
-11.01% |
| 2022-07-31 | €1.78 Million ≈ $2.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to GO METALS CORP.'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 404275100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
GO METALS CORP. Net Assets Breakdown (July 2025)
GO METALS CORP. net assets breakdown by equity component as of July 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €10.81 Million | 2022.48% |
| Total Equity | €534.52K | 100.00% |
GO METALS CORP. Competitors by Market Cap
The table below lists competitors of GO METALS CORP. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ellwee AB
ST:ELLWEE
|
$224.35K |
|
OVATION SCIENCE I
F:0VH
|
$224.54K |
|
Realfiction Holding AB
ST:REALFI
|
$225.28K |
|
Lawfinance Ltd
AU:LAW
|
$225.95K |
|
EV Digital Invest AG
F:ENGL
|
$219.40K |
|
Kendrick Resources PLC
LSE:KEN
|
$218.12K |
|
Aquila Energy Efficiency Trust PLC
LSE:AEET
|
$217.99K |
|
Conygar Investment Co PLC
LSE:CIC
|
$217.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GO METALS CORP.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 939,522 to 534,525, a change of -404,997 (-43.1%).
- Net loss of 404,997 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-405.00K | -75.77% |
| Total Change | €- | -43.11% |
Book Value vs Market Value Analysis
This analysis compares GO METALS CORP.'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: 0.75x
- 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 0.17x to 0.75x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-07-31 | €0.17 | €0.03 | x |
| 2023-07-31 | €0.12 | €0.03 | x |
| 2024-07-31 | €0.07 | €0.03 | x |
| 2025-07-31 | €0.04 | €0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GO METALS CORP. 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): -75.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (-75.77%) is above the historical average (-94.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -36.14% | 0.00% | 0.00x | 1.24x | €-819.87K |
| 2023 | -178.50% | 0.00% | 0.00x | 1.68x | €-2.98 Million |
| 2024 | -86.75% | 0.00% | 0.00x | 1.11x | €-909.00K |
| 2025 | -75.77% | 0.00% | 0.00x | 1.08x | €-458.45K |
Industry Comparison
This section compares GO METALS CORP.'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: $38,641,372
- Average return on equity (ROE) among peers: -95.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GO METALS CORP. (47GA) | €316.85K | -36.14% | 0.24x | $223.95K |
| Domestic Metals Corp. (03E0) | $2.70 Million | -74.77% | 0.64x | $6.62 Million |
| Scandium International Mining Corp (0E6) | $-221.52K | 0.00% | 0.00x | $28.36 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $8.92 Million | -29.57% | 0.14x | $3.47 Million |
| Asiamet Resources Ltd (0FK) | $-286.00K | 0.00% | 0.00x | $1.98 Million |
| Global Li-Ion Graphite Corp (0TD) | $3.82 Million | -29.84% | 0.10x | $758.30K |
| Benz Mining Corp (1VU) | $1.23 Million | -52.21% | 0.03x | $417.32 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $3.51 Million | -359.60% | 0.72x | $397.29 Million |
| Pacific Empire Minerals Corp (1YK) | $244.28K | -277.01% | 1.86x | $5.49 Million |
| Alphamin Resources Corp (21L) | $365.51 Million | 12.92% | 0.41x | $1.23 Billion |
| PURANIUM ENERGY LTD. (2DK) | $977.72K | -142.91% | 0.06x | $469.66K |
About GO METALS CORP.
Go Metals Corp. engages in the acquisition and exploration of mineral properties in Canada. The company explores for copper, cobalt, nickel, titanium, vanadium, gold, silver, uranium, and platinum group elements deposits. Its flagship projects are the HSP property that consists of 40 claims covering approximately an area of 2,000 hectares and 98 properties located in north of Havre-Saint Pierre, … Read more