NORTHERN FREEGOLD
Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties in the Yukon Territory and British Columbia, Canada. The company explores for gold, silver, copper, molybdenum, and tungsten deposits. Its flagship project is the 100% owned Freegold Mountain project comprising Tinta Hill property, Freegold property, Goldstar prope… Read more
NORTHERN FREEGOLD (8N6) - Net Assets
Latest net assets as of June 2025: €3.83 Million EUR
Based on the latest financial reports, NORTHERN FREEGOLD (8N6) has net assets worth €3.83 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.24 Million) and total liabilities (€405.86K). 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 | €3.83 Million |
| % of Total Assets | 90.42% |
| Annual Growth Rate | -20.47% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 115.04 |
NORTHERN FREEGOLD - Net Assets Trend (2020–2024)
This chart illustrates how NORTHERN FREEGOLD's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NORTHERN FREEGOLD (2020–2024)
The table below shows the annual net assets of NORTHERN FREEGOLD from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.01 Million | -19.03% |
| 2023-12-31 | €3.71 Million | +216.21% |
| 2022-12-31 | €1.17 Million | -56.43% |
| 2021-12-31 | €2.69 Million | -64.14% |
| 2020-12-31 | €7.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NORTHERN FREEGOLD'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 841553700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €85.17 Million | 2833.43% |
| Total Equity | €3.01 Million | 100.00% |
NORTHERN FREEGOLD Competitors by Market Cap
The table below lists competitors of NORTHERN FREEGOLD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vraj Iron and Steel Ltd
NSE:VRAJ
|
$10.58 Million |
|
Ion Video Ltd
AU:IOV
|
$10.59 Million |
|
Galileo Mining Ltd
AU:GAL
|
$10.59 Million |
|
Zeo ScientifiX, Inc.
OTCQB:ZEOX
|
$10.59 Million |
|
Apollomics Inc. Class A Ordinary Shares
NASDAQ:APLM
|
$10.57 Million |
|
Reyna Silver Corp
OTCQB:RSNVF
|
$10.57 Million |
|
SKAKO A/S
CO:SKAKO
|
$10.56 Million |
|
Freeman Gold Corp
OTCQB:FMANF
|
$10.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NORTHERN FREEGOLD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,712,263 to 3,005,943, a change of -706,320 (-19.0%).
- Net loss of 741,320 reduced equity.
- New share issuances of 35,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-741.32K | -24.66% |
| Share Issuances | €35.00K | +1.16% |
| Total Change | €- | -19.03% |
Book Value vs Market Value Analysis
This analysis compares NORTHERN FREEGOLD'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: 6.37x
- 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 0.82x to 6.37x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €0.55 | €0.45 | x |
| 2021-12-31 | €0.19 | €0.45 | x |
| 2022-12-31 | €0.08 | €0.45 | x |
| 2023-12-31 | €0.09 | €0.45 | x |
| 2024-12-31 | €0.07 | €0.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NORTHERN FREEGOLD 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): -24.66%
- 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: 1.27x
- Recent ROE (-24.66%) is above the historical average (-88.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -66.95% | 0.00% | 0.00x | 1.06x | €-5.78 Million |
| 2021 | -190.99% | 0.00% | 0.00x | 1.45x | €-5.42 Million |
| 2022 | -129.51% | 0.00% | 0.00x | 3.15x | €-1.64 Million |
| 2023 | -32.17% | 0.00% | 0.00x | 1.08x | €-1.57 Million |
| 2024 | -24.66% | 0.00% | 0.00x | 1.27x | €-1.04 Million |
Industry Comparison
This section compares NORTHERN FREEGOLD'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: $502,667,915
- Average return on equity (ROE) among peers: -338.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NORTHERN FREEGOLD (8N6) | €3.83 Million | -66.95% | 0.11x | $10.57 Million |
| 14S0 (14S0) | $2.71 Million | -209.91% | 0.28x | $2.68 Million |
| 23B (23B) | $5.94 Million | -17.66% | 0.30x | $2.00 Million |
| 2P30 (2P30) | $1.04 Million | -34.54% | 0.07x | $9.46 Million |
| Xinjiang Xinxin Mining Industry Co. Ltd (33X1) | $4.95 Billion | 10.42% | 0.49x | $175.41 Million |
| Agrimin Limited (3CL) | $46.44 Million | -2.95% | 0.06x | $11.03 Million |
| Copper Quest Exploration Inc. (3MX0) | $116.66K | -2987.81% | 5.03x | $4.68 Million |
| LibertyStream Infrastructure Partners Inc. (3ZM) | $6.76 Million | -80.67% | 0.09x | $93.18 Million |
| Arkle Resources PLC (48O) | $3.26 Million | -9.62% | 0.07x | $4.79 Million |
| Marula Mining PLC (48U0) | $-154.97K | 0.00% | 0.00x | $3.45 Million |
| Anglesey Mining plc (4A0) | $14.13 Million | -50.76% | 0.18x | $87.09K |