WEST RED LAKE GOLD MINES (UJ0) - Net Assets
Based on the latest financial reports, WEST RED LAKE GOLD MINES (UJ0) has net assets worth €97.08 Million EUR (≈ $113.50 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€273.80 Million ≈ $320.10 Million USD) and total liabilities (€176.71 Million ≈ $206.60 Million 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. Read debt load of WEST RED LAKE GOLD MINES for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €97.08 Million |
| % of Total Assets | 35.46% |
| Annual Growth Rate | 164.61% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1685.19 |
WEST RED LAKE GOLD MINES - Net Assets Trend (2021–2025)
This chart illustrates how WEST RED LAKE GOLD MINES's net assets have evolved over time, based on quarterly financial data. Also explore how large is WEST RED LAKE GOLD MINES's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for WEST RED LAKE GOLD MINES (2021–2025)
The table below shows the annual net assets of WEST RED LAKE GOLD MINES from 2021 to 2025. For live valuation and market cap data, see UJ0 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | €97.08 Million ≈ $113.50 Million |
+47.02% |
| 2023-11-30 | €66.03 Million ≈ $77.20 Million |
+3593.15% |
| 2022-11-30 | €1.79 Million ≈ $2.09 Million |
-9.71% |
| 2021-11-30 | €1.98 Million ≈ $2.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to WEST RED LAKE GOLD MINES'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 14798779000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €264.00 Million | 271.92% |
| Total Equity | €97.08 Million | 100.00% |
WEST RED LAKE GOLD MINES Competitors by Market Cap
The table below lists competitors of WEST RED LAKE GOLD MINES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paninvest Tbk
JK:PNIN
|
$185.94 Million |
|
Seven Hills Realty Trust
NASDAQ:SEVN
|
$185.97 Million |
|
Zeng Hsing Industrial Co Ltd
TW:1558
|
$186.04 Million |
|
HIL Limited
NSE:HIL
|
$186.09 Million |
|
Franbo Lines
TWO:2641
|
$185.76 Million |
|
Suryoday Small Finance Bank Limited
NSE:SURYODAY
|
$185.72 Million |
|
Tatung System Technologies
TWO:8099
|
$185.70 Million |
|
Muramoto Electron (Thailand) Public Company Limited
BK:METCO
|
$185.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WEST RED LAKE GOLD MINES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2025, total equity changed from 66,034,404 to 97,084,000, a change of 31,049,596 (47.0%).
- Net income of 501,000 contributed positively to equity growth.
- New share issuances of 60,704,000 increased equity.
- Other factors decreased equity by 30,155,404.
Equity Change Factors (2023 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €501.00K | +0.52% |
| Share Issuances | €60.70 Million | +62.53% |
| Other Changes | €-30.16 Million | -31.06% |
| Total Change | €- | 47.02% |
Book Value vs Market Value Analysis
This analysis compares WEST RED LAKE GOLD MINES'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: 1.72x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.16x to 1.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-11-30 | €0.13 | €0.42 | x |
| 2022-11-30 | €0.12 | €0.42 | x |
| 2023-11-30 | €0.31 | €0.42 | x |
| 2025-11-30 | €0.24 | €0.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WEST RED LAKE GOLD MINES 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): 0.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.48%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 2.82x
- Recent ROE (0.52%) is above the historical average (-17.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -8.95% | 0.00% | 0.00x | 1.02x | €-375.31K |
| 2022 | -10.76% | 0.00% | 0.00x | 1.04x | €-371.11K |
| 2023 | -49.23% | 0.00% | 0.00x | 1.48x | €-39.11 Million |
| 2025 | 0.52% | 0.48% | 0.38x | 2.82x | €-9.21 Million |
Industry Comparison
This section compares WEST RED LAKE GOLD MINES's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,692,872,258
- Average return on equity (ROE) among peers: -1921117.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WEST RED LAKE GOLD MINES (UJ0) | €97.08 Million | -8.95% | 1.82x | $185.83 Million |
| Pearl Gold AG (02P) | $1.00 | -19210824.00% | 42452933.00x | $10.46 Million |
| NEWPATH RESOURCES INC. (0MZ) | $-104.03K | 0.00% | 0.00x | $556.56K |
| SHAND.GOLD MNG LTD H HD 1 (188H) | $36.70 Billion | 3.40% | 1.47x | $3.17 Billion |
| Asante Gold Corporation (1A9) | $132.61 Million | -99.79% | 6.37x | $609.08 Million |
| American Pacific Mining Corp (1QC1) | $48.70 Million | 7.16% | 0.08x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $26.12 Million | -5.86% | 0.18x | $236.82 Million |
| WALKER RIVER RES CORP (1WV0) | $8.84 Million | -7.96% | 0.07x | $10.69 Million |
| CLARITY METALS CORP. (27G0) | $2.96 Million | -220.38% | 0.18x | $1.67 Million |
| SIXTY NORTH GOLD MIN.LTD. (2F40) | $8.59 Million | -3.66% | 0.05x | $16.59 Million |
| GREENHAWK RESOURCES INC. (2V70) | $4.54 Million | -24.50% | 0.01x | $43.10K |
About WEST RED LAKE GOLD MINES
West Red Lake Gold Mines Ltd. acquires, explores, evaluates, and develops gold properties in Canada. It holds interests in the Rowan property with 146 claims covering 3,100 hectares located in the Red Lake gold district of Northwestern Ontario, Canada. The company was formerly known as DLV Resources Ltd. and changed its name to West Red Lake Gold Mines Ltd. in December 2022. West Red Lake Gold Mi… Read more