US Gold Corp
U.S. Gold Corp. engages in the exploration, evaluation, and development of mineral properties in the United States. It explores for gold, silver, copper, and precious metals deposits. The company holds 100% interests in the CK gold project, which consists of various mining leases and other mineral rights covering an area of approximately 1,120 acres located in Laramie County, Wyoming; the Keyston… Read more
US Gold Corp (USAU) - Net Assets
Latest net assets as of October 2025: $24.58 Million USD
Based on the latest financial reports, US Gold Corp (USAU) has net assets worth $24.58 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($27.07 Million) and total liabilities ($2.49 Million). 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 | $24.58 Million |
| % of Total Assets | 90.8% |
| Annual Growth Rate | -0.26% |
| 5-Year Change | -62.01% |
| 10-Year Change | 300.63% |
| Growth Volatility | 97.02 |
US Gold Corp - Net Assets Trend (1986–2025)
This chart illustrates how US Gold Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for US Gold Corp (1986–2025)
The table below shows the annual net assets of US Gold Corp from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $11.59 Million | -33.64% |
| 2024-04-30 | $17.46 Million | -7.41% |
| 2023-04-30 | $18.86 Million | -20.29% |
| 2022-04-30 | $23.66 Million | -22.43% |
| 2021-04-30 | $30.50 Million | +220.78% |
| 2020-04-30 | $9.51 Million | +32.93% |
| 2019-04-30 | $7.15 Million | -43.68% |
| 2018-04-30 | $12.70 Million | +549.30% |
| 2017-04-30 | $1.96 Million | -32.37% |
| 2016-04-30 | $2.89 Million | +36.61% |
| 2015-04-30 | $2.12 Million | +6.65% |
| 2014-04-30 | $1.99 Million | -33.61% |
| 2013-04-30 | $2.99 Million | -60.27% |
| 2012-04-30 | $7.53 Million | +1.96% |
| 2011-04-30 | $7.38 Million | -35.21% |
| 2010-04-30 | $11.39 Million | -46.01% |
| 2009-04-30 | $21.10 Million | -10.67% |
| 2008-04-30 | $23.62 Million | +1.23% |
| 2007-04-30 | $23.33 Million | -0.82% |
| 2006-04-30 | $23.53 Million | +6.06% |
| 2005-04-30 | $22.18 Million | +35.22% |
| 2004-04-30 | $16.40 Million | +16.99% |
| 2003-04-30 | $14.02 Million | -52.99% |
| 2002-04-30 | $29.83 Million | -21.59% |
| 2001-04-30 | $38.04 Million | +41.46% |
| 2000-04-30 | $26.89 Million | +34.47% |
| 1999-04-30 | $20.00 Million | +17.65% |
| 1998-04-30 | $17.00 Million | +4.29% |
| 1997-04-30 | $16.30 Million | -9.94% |
| 1996-04-30 | $18.10 Million | +10.37% |
| 1995-04-30 | $16.40 Million | -8.38% |
| 1994-04-30 | $17.90 Million | -4.28% |
| 1993-04-30 | $18.70 Million | +19.87% |
| 1992-04-30 | $15.60 Million | +27.87% |
| 1991-04-30 | $12.20 Million | +14.02% |
| 1990-04-30 | $10.70 Million | -29.61% |
| 1989-04-30 | $15.20 Million | +11.76% |
| 1988-04-30 | $13.60 Million | -2.16% |
| 1987-04-30 | $13.90 Million | +8.59% |
| 1986-04-30 | $12.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to US Gold 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 1345.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $12.69K | 0.11% |
| Other Components | $104.98 Million | 906.08% |
| Total Equity | $11.59 Million | 100.00% |
US Gold Corp Competitors by Market Cap
The table below lists competitors of US Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aldel Financial II Inc. Class A Ordinary Shares
NASDAQ:ALDF
|
$191.03 Million |
|
VECTOR INC.
F:7MZ
|
$191.17 Million |
|
GRGDF
PINK:GRGDF
|
$191.19 Million |
|
Shanghai Haishun New Pharmaceutical Packaging Co Ltd
SHE:300501
|
$191.20 Million |
|
CIPUTRA SURYA
F:P2C
|
$190.88 Million |
|
Global PMX Co Ltd
TW:4551
|
$190.84 Million |
|
Siam City Cement Public Company Limited
PINK:SICUF
|
$190.83 Million |
|
First Western Financial Inc
NASDAQ:MYFW
|
$190.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in US Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,460,455 to 11,586,307, a change of -5,874,148 (-33.6%).
- Net loss of 20,559,122 reduced equity.
- New share issuances of 10,145,623 increased equity.
- Other factors increased equity by 4,539,351.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.56 Million | -177.44% |
| Share Issuances | $10.15 Million | +87.57% |
| Other Changes | $4.54 Million | +39.18% |
| Total Change | $- | -33.64% |
Book Value vs Market Value Analysis
This analysis compares US Gold 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: 16.30x
- 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 0.03x to 16.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-04-30 | $521.13 | $16.52 | x |
| 1987-04-30 | $565.62 | $16.52 | x |
| 1988-04-30 | $583.99 | $16.52 | x |
| 1989-04-30 | $649.54 | $16.52 | x |
| 1990-04-30 | $733.03 | $16.52 | x |
| 1991-04-30 | $825.22 | $16.52 | x |
| 1992-04-30 | $986.34 | $16.52 | x |
| 1993-04-30 | $1179.22 | $16.52 | x |
| 1994-04-30 | $1129.34 | $16.52 | x |
| 1995-04-30 | $1038.57 | $16.52 | x |
| 1996-04-30 | $1100.50 | $16.52 | x |
| 1997-04-30 | $1122.13 | $16.52 | x |
| 1998-04-30 | $1467.16 | $16.52 | x |
| 1999-04-30 | $1833.01 | $16.52 | x |
| 2000-04-30 | $1999.11 | $16.52 | x |
| 2001-04-30 | $2804.50 | $16.52 | x |
| 2002-04-30 | $2518.41 | $16.52 | x |
| 2003-04-30 | $1190.52 | $16.52 | x |
| 2004-04-30 | $1300.15 | $16.52 | x |
| 2005-04-30 | $1759.98 | $16.52 | x |
| 2006-04-30 | $1894.36 | $16.52 | x |
| 2007-04-30 | $1963.48 | $16.52 | x |
| 2008-04-30 | $1903.68 | $16.52 | x |
| 2009-04-30 | $1712.86 | $16.52 | x |
| 2010-04-30 | $922.58 | $16.52 | x |
| 2011-04-30 | $595.58 | $16.52 | x |
| 2012-04-30 | $510.00 | $16.52 | x |
| 2013-04-30 | $201.95 | $16.52 | x |
| 2014-04-30 | $119.11 | $16.52 | x |
| 2015-04-30 | $100.08 | $16.52 | x |
| 2016-04-30 | $92.15 | $16.52 | x |
| 2017-04-30 | $2.00 | $16.52 | x |
| 2018-04-30 | $9.50 | $16.52 | x |
| 2019-04-30 | $3.87 | $16.52 | x |
| 2020-04-30 | $4.10 | $16.52 | x |
| 2021-04-30 | $6.47 | $16.52 | x |
| 2022-04-30 | $3.26 | $16.52 | x |
| 2023-04-30 | $2.24 | $16.52 | x |
| 2024-04-30 | $1.87 | $16.52 | x |
| 2025-04-30 | $1.01 | $16.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently US Gold 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): -177.44%
- 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: 2.15x
- Recent ROE (-177.44%) is below the historical average (-31.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 32.81% | 24.00% | 1.11x | 1.23x | $2.92 Million |
| 1987 | 7.19% | 6.54% | 0.96x | 1.15x | $-390.00K |
| 1988 | 2.21% | 2.22% | 0.85x | 1.17x | $-1.06 Million |
| 1989 | 9.87% | 10.42% | 0.83x | 1.14x | $-20.00K |
| 1990 | 23.36% | 12.38% | 1.43x | 1.32x | $1.43 Million |
| 1991 | 11.48% | 5.00% | 1.76x | 1.30x | $180.00K |
| 1992 | 19.23% | 7.46% | 1.89x | 1.37x | $1.44 Million |
| 1993 | 16.04% | 5.12% | 2.18x | 1.44x | $1.13 Million |
| 1994 | -4.47% | -1.01% | 2.64x | 1.69x | $-2.59 Million |
| 1995 | -7.93% | -1.26% | 3.72x | 1.69x | $-2.94 Million |
| 1996 | 8.29% | 1.39% | 4.15x | 1.43x | $-310.00K |
| 1997 | 23.31% | 5.51% | 3.07x | 1.38x | $2.17 Million |
| 1998 | 21.76% | 4.79% | 3.16x | 1.44x | $2.00 Million |
| 1999 | 28.00% | 7.38% | 2.77x | 1.37x | $3.60 Million |
| 2000 | 29.17% | 7.19% | 2.72x | 1.49x | $5.16 Million |
| 2001 | 22.59% | 6.58% | 2.00x | 1.72x | $4.79 Million |
| 2002 | -27.16% | -9.98% | 1.91x | 1.43x | $-11.08 Million |
| 2003 | -111.28% | -29.15% | 2.65x | 1.44x | $-17.01 Million |
| 2004 | 13.84% | 3.66% | 2.83x | 1.34x | $630.60K |
| 2005 | 30.27% | 10.22% | 2.51x | 1.18x | $4.50 Million |
| 2006 | 11.78% | 6.63% | 1.59x | 1.12x | $419.40K |
| 2007 | 3.30% | 2.00% | 1.48x | 1.11x | $-1.56 Million |
| 2008 | 6.81% | 5.21% | 1.18x | 1.11x | $-753.90K |
| 2009 | -14.86% | -12.11% | 1.05x | 1.16x | $-5.24 Million |
| 2010 | -94.30% | -24.40% | 2.49x | 1.55x | $-11.88 Million |
| 2011 | -62.78% | -9.89% | 3.16x | 2.01x | $-5.37 Million |
| 2012 | -43.30% | -9.03% | 3.16x | 1.52x | $-4.01 Million |
| 2013 | -154.68% | -16.75% | 3.38x | 2.73x | $-4.92 Million |
| 2014 | -131.44% | -8.58% | 4.01x | 3.81x | $-2.81 Million |
| 2015 | -180.87% | -13.55% | 4.50x | 2.96x | $-4.04 Million |
| 2016 | -42.22% | -4.85% | 4.38x | 1.99x | $-1.51 Million |
| 2017 | -97.90% | -11.00% | 3.65x | 2.44x | $-2.11 Million |
| 2018 | -107.54% | 0.00% | 0.00x | 1.02x | $-14.93 Million |
| 2019 | -112.49% | -398.15% | 0.27x | 1.03x | $-8.76 Million |
| 2020 | -55.21% | 0.00% | 0.00x | 1.03x | $-6.20 Million |
| 2021 | -40.61% | 0.00% | 0.00x | 1.03x | $-15.44 Million |
| 2022 | -49.45% | 0.00% | 0.00x | 1.16x | $-14.06 Million |
| 2023 | -40.38% | 0.00% | 0.00x | 1.28x | $-9.50 Million |
| 2024 | -39.50% | 0.00% | 0.00x | 1.29x | $-8.64 Million |
| 2025 | -177.44% | 0.00% | 0.00x | 2.15x | $-21.72 Million |
Industry Comparison
This section compares US Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| US Gold Corp (USAU) | $24.58 Million | 32.81% | 0.10x | $190.98 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |