Lexington Gold Ltd
Lexington Gold Ltd explores for and develops gold projects in the United States and South Africa. It primarily explores for gold, silver, and base metals. The company's projects are Witwatersrand gold fields projects in South Africa; and Jennings-Pioneer Project in South Carolina, Carolina Belle Project in Montgomery County, and Jones Keystone & Loflin Project located to the south west of Jones-K… Read more
Lexington Gold Ltd (LEX) - Net Assets
Latest net assets as of June 2025: GBX16.31 Million GBX
Based on the latest financial reports, Lexington Gold Ltd (LEX) has net assets worth GBX16.31 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 (GBX16.90 Million) and total liabilities (GBX593.00K). 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 | GBX16.31 Million |
| % of Total Assets | 96.49% |
| Annual Growth Rate | -1.4% |
| 5-Year Change | 193.39% |
| 10-Year Change | 203.07% |
| Growth Volatility | 6134.93 |
Lexington Gold Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Lexington 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 Lexington Gold Ltd (2013–2024)
The table below shows the annual net assets of Lexington Gold Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX15.71 Million | -8.46% |
| 2023-12-31 | GBX17.17 Million | +246.16% |
| 2022-12-31 | GBX4.96 Million | +6.51% |
| 2021-12-31 | GBX4.66 Million | -13.07% |
| 2020-12-31 | GBX5.36 Million | +21324.00% |
| 2019-12-31 | GBX25.00K | -83.02% |
| 2019-06-30 | GBX147.20K | -63.00% |
| 2018-06-30 | GBX397.83K | -83.72% |
| 2016-12-31 | GBX2.44 Million | -52.88% |
| 2015-12-31 | GBX5.18 Million | -32.49% |
| 2014-12-31 | GBX7.68 Million | -58.14% |
| 2013-12-31 | GBX18.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lexington 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 2980500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX1.20 Million | 8.57% |
| Other Components | GBX70.96 Million | 508.15% |
| Total Equity | GBX13.96 Million | 100.00% |
Lexington Gold Ltd Competitors by Market Cap
The table below lists competitors of Lexington Gold Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Polyplex (Thailand) PCL
STU:PKW
|
$2.13K |
|
Gia Tzoong Enterprise Co.,Ltd
TWO:5355
|
$2.13K |
|
Minh Khang Capital Trading Public JSC
VN:CTP
|
$2.13K |
|
Hash Labs Inc
PINK:CGLO
|
$2.13K |
|
ONCO3F
SA:ONCO3F
|
$2.13K |
|
CO-OPERATIVE BANK OF KENYA PLC
XNAI:CBKL
|
$2.12K |
|
CanaQuest Medical Corp
PINK:CANQF
|
$2.12K |
|
Linklogis Inc. Class B
F:0NY
|
$2.12K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lexington Gold Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,533,000 to 13,964,000, a change of -569,000 (-3.9%).
- Net loss of 567,000 reduced equity.
- Other comprehensive income decreased equity by 5,611,000.
- Other factors increased equity by 5,609,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-567.00K | -4.06% |
| Other Comprehensive Income | GBX-5.61 Million | -40.18% |
| Other Changes | GBX5.61 Million | +40.17% |
| Total Change | GBX- | -3.92% |
Book Value vs Market Value Analysis
This analysis compares Lexington 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: 99.04x
- 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 2.29x to 99.04x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | GBX1.55 | GBX3.55 | x |
| 2014-12-31 | GBX0.44 | GBX3.55 | x |
| 2015-12-31 | GBX0.22 | GBX3.55 | x |
| 2016-12-31 | GBX0.10 | GBX3.55 | x |
| 2018-06-30 | GBX0.00 | GBX3.55 | x |
| 2019-06-30 | GBX0.00 | GBX3.55 | x |
| 2019-12-31 | GBX0.00 | GBX3.55 | x |
| 2020-12-31 | GBX0.04 | GBX3.55 | x |
| 2021-12-31 | GBX0.01 | GBX3.55 | x |
| 2022-12-31 | GBX0.02 | GBX3.55 | x |
| 2023-12-31 | GBX0.03 | GBX3.55 | x |
| 2024-12-31 | GBX0.04 | GBX3.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lexington 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): -4.06%
- 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: 1.18x
- Recent ROE (-4.06%) is above the historical average (-265.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -9.45% | -2310.67% | 0.00x | 1.62x | GBX-3.57 Million |
| 2014 | -15.81% | -141.71% | 0.05x | 2.16x | GBX-2.30 Million |
| 2015 | -45.95% | -312.64% | 0.12x | 1.22x | GBX-2.68 Million |
| 2016 | -137.67% | -222.49% | 0.34x | 1.84x | GBX-3.21 Million |
| 2019 | -170.26% | 0.00% | 0.00x | 1.38x | GBX-265.35K |
| 2019 | -2472.00% | -3252631.58% | 0.00x | 15.52x | GBX-620.50K |
| 2020 | -16.24% | 0.00% | 0.00x | 1.24x | GBX-1.15 Million |
| 2021 | -27.70% | 0.00% | 0.00x | 1.29x | GBX-1.39 Million |
| 2022 | -26.90% | 0.00% | 0.00x | 1.27x | GBX-1.47 Million |
| 2023 | 0.34% | 0.00% | 0.00x | 1.25x | GBX-1.40 Million |
| 2024 | -4.06% | 0.00% | 0.00x | 1.18x | GBX-1.96 Million |
Industry Comparison
This section compares Lexington Gold Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $13,298,574
- Average return on equity (ROE) among peers: -5966.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lexington Gold Ltd (LEX) | GBX16.31 Million | -9.45% | 0.04x | $2.13K |
| AltynGold plc (ALTN) | $32.16 Million | 0.24% | 0.19x | $48.89K |
| Bluebird Merchant Ventures Ltd (BMV) | $18.27 Million | -9.92% | 0.10x | $306.26 |
| Conroy Gold & Natural Resources Plc (CGNR) | $21.14 Million | 1.56% | 0.21x | $1.43K |
| Cora Gold Limited (CORA) | $25.88 Million | -4.23% | 0.01x | $5.35K |
| ECR Minerals plc (ECR) | $3.65 Million | -15.06% | 0.03x | $1.04K |
| Goldplat PLC (GDP) | $15.12 Million | -20.75% | 0.79x | $1.92K |
| Greatland Resources Limited (GGP) | $1.24K | -53288.45% | 0.05x | $518.75K |
| Goldstone Resources Ltd (GRL) | $2.33 Million | -32.91% | 0.02x | $461.96 |
| Hamak Gold Ltd (HAMA) | $1.14 Million | -326.99% | 0.36x | $591.38 |