Athena Gold Corp
Athena Gold Corporation, an exploration stage company, engages in the acquisition and exploration of mineral resources in the United States. It explores for gold, molybdenum, and copper deposits. The company's flagship property is the Excelsior Springs project comprising 191 unpatented claims and 2 patented mining claims located in Walker Lane, Nevada. It also owns 100% interest in the Crow Sprin… Read more
Athena Gold Corp (AHNR) - Net Assets
Latest net assets as of March 2025: $6.26 Million USD
Based on the latest financial reports, Athena Gold Corp (AHNR) has net assets worth $6.26 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.82 Million) and total liabilities ($561.74K). 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 | $6.26 Million |
| % of Total Assets | 91.76% |
| Annual Growth Rate | 34.68% |
| 5-Year Change | N/A |
| 10-Year Change | 17109.97% |
| Growth Volatility | 311.31 |
Athena Gold Corp - Net Assets Trend (2014–2024)
This chart illustrates how Athena 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 Athena Gold Corp (2014–2024)
The table below shows the annual net assets of Athena Gold Corp from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.15 Million | -2.59% |
| 2023-12-31 | $6.32 Million | +27.29% |
| 2022-12-31 | $4.96 Million | -1.70% |
| 2021-12-31 | $5.05 Million | +5992.23% |
| 2020-12-31 | $-85.70K | +97.03% |
| 2019-12-31 | $-2.88 Million | -9.55% |
| 2018-12-31 | $-2.63 Million | -11.51% |
| 2017-12-31 | $-2.36 Million | -858.99% |
| 2016-12-31 | $-246.25K | -788.60% |
| 2015-12-31 | $35.76K | -88.58% |
| 2014-12-31 | $313.22K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Athena 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 545614000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $17.88 Million | 290.54% |
| Total Equity | $6.15 Million | 100.00% |
Athena Gold Corp Competitors by Market Cap
The table below lists competitors of Athena Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Perfect World Company. Ltd. (ADR)
NYSE:PWRD
|
$779.24K |
|
Golan Plastic
TA:GLPL
|
$779.35K |
|
Linear Minerals Corp.
OTCQB:LINMF
|
$779.56K |
|
HASBRO INC - Dusseldorf Stock Exchang
DU:HAS
|
$779.59K |
|
New Energy Metals Corp.
OTCQB:NRGYF
|
$778.42K |
|
TEXAS CAP BANC
MU:TCA
|
$777.34K |
|
COMERICA INC (CA3.SG)
STU:CA3
|
$776.50K |
|
RENCO HOLDINGS GRP HD-10
F:TP7
|
$776.40K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Athena Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,317,812 to 6,154,456, a change of -163,356 (-2.6%).
- Net loss of 636,518 reduced equity.
- Share repurchases of 46,000 reduced equity.
- New share issuances of 904,761 increased equity.
- Other factors decreased equity by 385,599.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-636.52K | -10.34% |
| Share Repurchases | $46.00K | -0.75% |
| Share Issuances | $904.76K | +14.7% |
| Other Changes | $-385.60K | -6.27% |
| Total Change | $- | -2.59% |
Book Value vs Market Value Analysis
This analysis compares Athena 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: 1.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $-0.07 | $0.04 | x |
| 2018-12-31 | $-0.07 | $0.04 | x |
| 2019-12-31 | $-0.08 | $0.04 | x |
| 2020-12-31 | $0.00 | $0.04 | x |
| 2021-12-31 | $0.04 | $0.04 | x |
| 2022-12-31 | $0.04 | $0.04 | x |
| 2023-12-31 | $0.04 | $0.04 | x |
| 2024-12-31 | $0.03 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Athena 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): -10.34%
- 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: 1.14x
- Recent ROE (-10.34%) is above the historical average (-84.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -61.72% | 0.00% | 0.00x | 5.64x | $-224.65K |
| 2015 | -837.39% | 0.00% | 0.00x | 55.55x | $-303.04K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-257.39K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.88 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-24.93K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $22.23K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-401.50K |
| 2021 | -20.40% | 0.00% | 0.00x | 1.21x | $-1.54 Million |
| 2022 | -13.77% | 0.00% | 0.00x | 1.26x | $-1.18 Million |
| 2023 | 9.70% | 0.00% | 0.00x | 1.07x | $-19.03K |
| 2024 | -10.34% | 0.00% | 0.00x | 1.14x | $-1.25 Million |
Industry Comparison
This section compares Athena Gold Corp's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $10,782,979,071
- Average return on equity (ROE) among peers: -81.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Athena Gold Corp (AHNR) | $6.26 Million | -61.72% | 0.09x | $779.22K |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |