U.S. GoldMining Inc. Warrant
U.S. GoldMining Inc., an exploration stage company, engages in the exploration and development of mineral properties in the United States. It holds interests in the Whistler project, a gold-copper exploration project covering 17,159 Ha located in the Yentna mining district, Alaska. The company was incorporated in 2015 and is based in Anchorage, Alaska. U.S. GoldMining Inc. operates as a subsidiar… Read more
U.S. GoldMining Inc. Warrant (USGOW) - Net Assets
Latest net assets as of May 2024: $9.70 Million USD
Based on the latest financial reports, U.S. GoldMining Inc. Warrant (USGOW) has net assets worth $9.70 Million USD as of May 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.50 Million) and total liabilities ($800.42K). 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 | $9.70 Million |
| % of Total Assets | 92.38% |
| Annual Growth Rate | 484.59% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
U.S. GoldMining Inc. Warrant - Net Assets Trend (2020–2023)
This chart illustrates how U.S. GoldMining Inc. Warrant's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for U.S. GoldMining Inc. Warrant (2020–2023)
The table below shows the annual net assets of U.S. GoldMining Inc. Warrant from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 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. Warrant'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 1179254500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $26.69 Million | 218.55% |
| Total Equity | $12.21 Million | 100.00% |
U.S. GoldMining Inc. Warrant Competitors by Market Cap
The table below lists competitors of U.S. GoldMining Inc. Warrant ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VOCENTO R (VON.SG)
STU:VON
|
$6.79K |
|
KSB Pumps Company Ltd
KAR:KSBP
|
$6.80K |
|
POSI3F
SA:POSI3F
|
$6.80K |
|
Dais Analytic Corp
PINK:DLYT
|
$6.80K |
|
MONUMENT MINING - Dusseldorf Stock Exchang
DU:D7Q1
|
$6.78K |
|
Ubion Co. Ltd.
KO:084440
|
$6.78K |
|
Wam Research Ltd
AU:WAX
|
$6.78K |
|
PEDEVCO CORP. DL-20
F:UD1P
|
$6.76K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in U.S. GoldMining Inc. Warrant's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -1,283,271 to 12,212,711, a change of 13,495,982.
- Net loss of 9,356,577 reduced equity.
- New share issuances of 19,102,682 increased equity.
- Other factors increased equity by 3,749,877.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.36 Million | -76.61% |
| Share Issuances | $19.10 Million | +156.42% |
| Other Changes | $3.75 Million | +30.7% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares U.S. GoldMining Inc. Warrant'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: 0.75x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 146.03x to 0.75x 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 | $0.74 | x |
| 2021-11-30 | $-0.02 | $0.74 | x |
| 2022-11-30 | $-0.11 | $0.74 | x |
| 2023-11-30 | $0.98 | $0.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently U.S. GoldMining Inc. Warrant 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): -76.61%
- 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: 1.07x
- Recent ROE (-76.61%) is above the historical average (-261.61%), 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 |
Industry Comparison
This section compares U.S. GoldMining Inc. Warrant'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: $2,860,622,178
- Average return on equity (ROE) among peers: -17.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| U.S. GoldMining Inc. Warrant (USGOW) | $9.70 Million | -969.85% | 0.08x | $6.79K |
| Asia Broadband Inc (AABB) | $-613.21K | 0.00% | 0.00x | $228.68 |
| Altair Resources Inc (AAEEF) | $-1.37 Million | 0.00% | 0.00x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $18.53 Million | -47.33% | 0.52x | $99.81 Million |
| Anglo American plc (AAUKF) | $28.53 Billion | -10.75% | 1.27x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-12.92 Million | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $526.04K | -142.32% | 1.21x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $584.31K | -19.85% | 0.08x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $58.31 Million | -22.45% | 2.63x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-375.11K | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $10.55 Million | 67.11% | 0.22x | $14.34 Million |