U.S. GoldMining Inc. Common stock (USGO) - Net Assets
Based on the latest financial reports, U.S. GoldMining Inc. Common stock (USGO) has net assets worth $3.85 Million USD as of August 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.71 Million) and total liabilities ($860.81K). 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. Check U.S. GoldMining Inc. Common stock liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.85 Million |
| % of Total Assets | 81.73% |
| Annual Growth Rate | 191.75% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 233.62 |
U.S. GoldMining Inc. Common stock - Net Assets Trend (2020–2024)
This chart illustrates how U.S. GoldMining Inc. Common stock's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of U.S. GoldMining Inc. Common stock for the complete picture of this company's asset base.
Annual Net Assets for U.S. GoldMining Inc. Common stock (2020–2024)
The table below shows the annual net assets of U.S. GoldMining Inc. Common stock from 2020 to 2024. For live valuation and market cap data, see U.S. GoldMining Inc. Common stock (USGO) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | $4.45 Million | -63.60% |
| 2023-11-30 | $12.21 Million | +1051.69% |
| 2022-11-30 | $-1.28 Million | -385.48% |
| 2021-11-30 | $-264.33K | -530.85% |
| 2020-11-30 | $61.35K | -- |
Equity Component Analysis
This analysis shows how different components contribute to U.S. GoldMining Inc. Common stock'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 2051262300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $12.46K | 0.28% |
| Other Components | $27.63 Million | 621.59% |
| Total Equity | $4.45 Million | 100.00% |
U.S. GoldMining Inc. Common stock Competitors by Market Cap
The table below lists competitors of U.S. GoldMining Inc. Common stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ilex Medical
TA:ILX
|
$168.24 Million |
|
Meridian Bank
NASDAQ:MRBK
|
$168.27 Million |
|
Devsisters corporation
KQ:194480
|
$168.30 Million |
|
Thai Nakarin Hospital Public Company Limited
BK:TNH
|
$168.31 Million |
|
Helloworld Travel Ltd
AU:HLO
|
$167.93 Million |
|
Suryamas Dutamakmur Tbk
JK:SMDM
|
$167.78 Million |
|
Ubiquoss Holdings Inc
KQ:078070
|
$167.73 Million |
|
Answer Technology Co Ltd
TW:3528
|
$167.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in U.S. GoldMining Inc. Common stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,212,711 to 4,445,135, a change of -7,767,576 (-63.6%).
- Net loss of 8,487,081 reduced equity.
- New share issuances of 595,924 increased equity.
- Other factors increased equity by 123,581.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.49 Million | -190.93% |
| Share Issuances | $595.92K | +13.41% |
| Other Changes | $123.58K | +2.78% |
| Total Change | $- | -63.60% |
Book Value vs Market Value Analysis
This analysis compares U.S. GoldMining Inc. Common stock'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: 36.93x
- 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 decreased from 2616.85x to 36.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-11-30 | $0.01 | $13.23 | x |
| 2021-11-30 | $-0.02 | $13.23 | x |
| 2022-11-30 | $-0.11 | $13.23 | x |
| 2023-11-30 | $0.98 | $13.23 | x |
| 2024-11-30 | $0.36 | $13.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently U.S. GoldMining Inc. Common stock 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): -190.93%
- 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: 1.16x
- Recent ROE (-190.93%) is above the historical average (-247.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -969.85% | 0.00% | 0.00x | 12.14x | $-601.15K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-670.88K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.61 Million |
| 2023 | -76.61% | 0.00% | 0.00x | 1.07x | $-10.58 Million |
| 2024 | -190.93% | 0.00% | 0.00x | 1.16x | $-8.93 Million |
Industry Comparison
This section compares U.S. GoldMining Inc. Common stock'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: $191,311,075
- Average return on equity (ROE) among peers: -7.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| U.S. GoldMining Inc. Common stock (USGO) | $3.85 Million | -969.85% | 0.22x | $168.04 Million |
| Almonty Industries Inc. Common Shares (ALM) | $39.75 Million | -36.45% | 3.85x | $1.65 Billion |
| REalloys Inc. (ALOY) | $-1.76 Million | 0.00% | 0.00x | $589.33 Million |
| Atlas Lithium Corporation Common Stock (ATLX) | $-1.32 Million | 0.00% | 0.00x | $133.83 Million |
| China Natural Resources Inc (CHNR) | $177.45 Million | -13.88% | 0.80x | $4.90 Million |
| Compass Minerals International Inc (CMP) | $529.60 Million | 11.23% | 3.61x | $1.00 Billion |
| Critical Metals Corp. Ordinary Shares (CRML) | $151.00 Million | -0.23% | 0.06x | $1.11 Billion |
| Electra Battery Materials Corp (ELBM) | $137.53 Million | -6.26% | 0.03x | $54.97 Million |
| Sayona Mining Limited American Depository Shares (ELVR) | $884.82 Million | -1.54% | 0.14x | $467.91 Million |
| Evolution Metals & Technologies Corp. Common Stock (EMAT) | $-9.03 Million | 0.00% | 0.00x | $4.72 Billion |
| Foremost Lithium Resource & Technology Ltd. Common stock (FMST) | $5.07 Million | -31.46% | 0.17x | $19.86 Million |
About U.S. GoldMining Inc. Common stock
U.S. GoldMining Inc., an exploration stage company, engages in the exploration and development of mineral properties in the United States. The company's primary asset is the 100%-owned Whistler exploration property, a gold-copper exploration project comprising 377 mining claims covering an area of 217.5 square kilometers located in Yentna Mining District, Alaska. The company was incorporated in 2… Read more