Cora Gold Limited
Cora Gold Limited, together with its subsidiaries, explores for and develops mineral projects in West Africa. The company primarily explores for gold deposits. Its flagship project is the Sanankoro Gold project located in the Yanfolila Gold Belt, Southern Mali. Cora Gold Limited was incorporated in 2012 and is based in Road Town, British Virgin Islands.
Cora Gold Limited (CORA) - Net Assets
Latest net assets as of June 2025: GBX27.33 Million GBX
Based on the latest financial reports, Cora Gold Limited (CORA) has net assets worth GBX27.33 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX27.61 Million) and total liabilities (GBX282.00K). 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 | GBX27.33 Million |
| % of Total Assets | 98.98% |
| Annual Growth Rate | N/A |
| 5-Year Change | 43.6% |
| 10-Year Change | N/A |
| Growth Volatility | 19.83 |
Cora Gold Limited - Net Assets Trend (2014–2024)
This chart illustrates how Cora Gold Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cora Gold Limited (2014–2024)
The table below shows the annual net assets of Cora Gold Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX25.88 Million | +4.96% |
| 2023-12-31 | GBX24.66 Million | +1.94% |
| 2022-12-31 | GBX24.18 Million | -9.04% |
| 2021-12-31 | GBX26.59 Million | +47.53% |
| 2020-12-31 | GBX18.02 Million | +36.86% |
| 2019-12-31 | GBX13.17 Million | +24.83% |
| 2018-12-31 | GBX10.55 Million | -1.42% |
| 2017-12-31 | GBX10.70 Million | +1883.50% |
| 2016-12-31 | GBX-600.00K | -9.89% |
| 2015-12-31 | GBX-546.00K | -177.16% |
| 2014-12-31 | GBX-197.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cora Gold Limited'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 753000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX33.81 Million | 130.66% |
| Total Equity | GBX25.88 Million | 100.00% |
Cora Gold Limited Competitors by Market Cap
The table below lists competitors of Cora Gold Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rowad Tourism (Al Rowad)
EGX:ROTO
|
$5.35K |
|
Bantek Inc
PINK:BANT
|
$5.35K |
|
HILINFRA
NSE:HILINFRA
|
$5.35K |
|
Organic Garage Ltd
PINK:OGGFF
|
$5.35K |
|
Penbar Capital Ltd.
V:EVI
|
$5.35K |
|
Seychelle Environmtl
PINK:SYEV
|
$5.33K |
|
Saltware Co. Ltd.
KO:328380
|
$5.32K |
|
Vicem Energy and Environment JSC
VN:VTV
|
$5.32K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cora Gold Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,655,000 to 25,879,000, a change of 1,224,000 (5.0%).
- Net loss of 1,095,000 reduced equity.
- Other factors increased equity by 2,319,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-1.09 Million | -4.23% |
| Other Changes | GBX2.32 Million | +8.96% |
| Total Change | GBX- | 4.96% |
Book Value vs Market Value Analysis
This analysis compares Cora Gold Limited'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: 160.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | GBX0.00 | GBX9.50 | x |
| 2015-12-31 | GBX-0.01 | GBX9.50 | x |
| 2016-12-31 | GBX-0.01 | GBX9.50 | x |
| 2017-12-31 | GBX0.19 | GBX9.50 | x |
| 2018-12-31 | GBX0.19 | GBX9.50 | x |
| 2019-12-31 | GBX0.14 | GBX9.50 | x |
| 2020-12-31 | GBX0.10 | GBX9.50 | x |
| 2021-12-31 | GBX0.11 | GBX9.50 | x |
| 2022-12-31 | GBX0.08 | GBX9.50 | x |
| 2023-12-31 | GBX0.07 | GBX9.50 | x |
| 2024-12-31 | GBX0.06 | GBX9.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cora Gold Limited 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): -4.23%
- 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: 1.01x
- Recent ROE (-4.23%) is below the historical average (2.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-284.30K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-286.40K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | GBX4.00K |
| 2017 | 108.13% | 0.00% | 0.00x | 1.02x | GBX10.50 Million |
| 2018 | -8.35% | 0.00% | 0.00x | 1.02x | GBX-1.94 Million |
| 2019 | -22.58% | 0.00% | 0.00x | 1.03x | GBX-4.29 Million |
| 2020 | -2.14% | 0.00% | 0.00x | 1.01x | GBX-2.19 Million |
| 2021 | -10.00% | 0.00% | 0.00x | 1.02x | GBX-5.32 Million |
| 2022 | -20.54% | 0.00% | 0.00x | 1.01x | GBX-7.39 Million |
| 2023 | -11.98% | 0.00% | 0.00x | 1.65x | GBX-5.42 Million |
| 2024 | -4.23% | 0.00% | 0.00x | 1.01x | GBX-3.68 Million |
Industry Comparison
This section compares Cora Gold Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $98,637,850
- Average return on equity (ROE) among peers: -53.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cora Gold Limited (CORA) | GBX27.33 Million | 0.00% | 0.01x | $5.35K |
| Bluebird Merchant Ventures Ltd (BMV) | $19.35 Million | -1.33% | 0.04x | $306.26 |
| Conroy Gold & Natural Resources Plc (CGNR) | $17.65 Million | -3.84% | 0.28x | $1.43K |
| ECR Minerals plc (ECR) | $23.98 Million | -7.66% | 0.13x | $1.04K |
| Goldplat PLC (GDP) | $18.41 Million | 9.12% | 0.96x | $1.92K |
| Greatland Resources Limited (GGP) | $642.59 Million | 25.17% | 0.58x | $518.75K |
| Goldstone Resources Ltd (GRL) | $-1.34 Million | 0.00% | 0.00x | $461.96 |
| Hamak Gold Ltd (HAMA) | $1.14 Million | -326.99% | 0.36x | $591.38 |
| Lexington Gold Ltd (LEX) | $147.20K | -170.26% | 0.38x | $2.13K |
| Metals Exploration Plc (MTL) | $165.82 Million | -1.92% | 0.63x | $38.48K |