Canagold Resources Ltd
Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada. It explores for gold, silver, and copper deposits. The company holds 100% interest in the New Polaris project that consist of 61 crown granted mineral claims and 1 modified grid claim covering an area of approximately 2,956 acres located at Tul… Read more
Canagold Resources Ltd (CRCUF) - Net Assets
Latest net assets as of September 2025: $34.62 Million USD
Based on the latest financial reports, Canagold Resources Ltd (CRCUF) has net assets worth $34.62 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($38.00 Million) and total liabilities ($3.38 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 | $34.62 Million |
| % of Total Assets | 91.1% |
| Annual Growth Rate | 1.63% |
| 5-Year Change | 29.7% |
| 10-Year Change | 177.23% |
| Growth Volatility | 26.01 |
Canagold Resources Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Canagold Resources 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 Canagold Resources Ltd (2000–2024)
The table below shows the annual net assets of Canagold Resources Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $29.98 Million | -2.47% |
| 2023-12-31 | $30.74 Million | +4.15% |
| 2022-12-31 | $29.51 Million | +12.25% |
| 2021-12-31 | $26.29 Million | +13.75% |
| 2020-12-31 | $23.11 Million | +28.98% |
| 2019-12-31 | $17.92 Million | +4.90% |
| 2018-12-31 | $17.08 Million | -11.85% |
| 2017-12-31 | $19.38 Million | -1.16% |
| 2016-12-31 | $19.61 Million | +81.31% |
| 2015-12-31 | $10.81 Million | -7.18% |
| 2014-12-31 | $11.65 Million | +2.09% |
| 2013-12-31 | $11.41 Million | -12.58% |
| 2012-12-31 | $13.05 Million | +4.68% |
| 2011-12-31 | $12.47 Million | -3.64% |
| 2010-12-31 | $12.94 Million | +6.35% |
| 2009-12-31 | $12.17 Million | -2.83% |
| 2008-12-31 | $12.52 Million | -35.71% |
| 2007-12-31 | $19.48 Million | +6.96% |
| 2006-12-31 | $18.21 Million | +66.37% |
| 2005-12-31 | $10.95 Million | +5.40% |
| 2004-12-31 | $10.39 Million | -17.20% |
| 2003-12-31 | $12.54 Million | +23.15% |
| 2002-12-31 | $10.19 Million | -39.99% |
| 2001-12-31 | $16.97 Million | -16.53% |
| 2000-12-31 | $20.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Canagold Resources 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 5663200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $86.61 Million | 288.90% |
| Total Equity | $29.98 Million | 100.00% |
Canagold Resources Ltd Competitors by Market Cap
The table below lists competitors of Canagold Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MotorK Ltd
AS:MTRK
|
$23.92 Million |
|
YOUNGHWA TECH Co. Ltd
KQ:265560
|
$23.93 Million |
|
Kervansaray Yatirim Holding AS
IS:KERVN
|
$23.93 Million |
|
HOYA Resort Hotel Group
TWO:2736
|
$23.94 Million |
|
Whitestone Group
BR:ROCK
|
$23.91 Million |
|
Relief Therapeutics Holding AG
OTCQB:RLFTY
|
$23.91 Million |
|
HMA AGRO INDUSTRIES ORD (BSE)
NSE:HMAAGRO
|
$23.90 Million |
|
Spyrosoft S.A.
WAR:SPR
|
$23.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canagold Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,738,000 to 29,980,000, a change of -758,000 (-2.5%).
- Net loss of 1,122,000 reduced equity.
- New share issuances of 3,016,000 increased equity.
- Other factors decreased equity by 2,652,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.12 Million | -3.74% |
| Share Issuances | $3.02 Million | +10.06% |
| Other Changes | $-2.65 Million | -8.85% |
| Total Change | $- | -2.47% |
Book Value vs Market Value Analysis
This analysis compares Canagold Resources 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: 1.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.54x to 1.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.44 | $0.24 | x |
| 2018-12-31 | $0.39 | $0.24 | x |
| 2019-12-31 | $0.37 | $0.24 | x |
| 2020-12-31 | $0.33 | $0.24 | x |
| 2021-12-31 | $0.32 | $0.24 | x |
| 2022-12-31 | $0.22 | $0.24 | x |
| 2023-12-31 | $0.19 | $0.24 | x |
| 2024-12-31 | $0.17 | $0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canagold Resources 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): -3.74%
- 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: 1.09x
- Recent ROE (-3.74%) is below the historical average (-3.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 2.88% | 0.00% | 0.00x | 1.02x | $-779.70K |
| 2006 | 2.38% | 0.00% | 0.00x | 1.01x | $-1.39 Million |
| 2007 | 7.78% | 0.00% | 0.00x | 1.03x | $-433.00K |
| 2013 | -12.07% | 0.00% | 0.00x | 1.09x | $-2.52 Million |
| 2014 | -15.72% | 0.00% | 0.00x | 1.08x | $-3.00 Million |
| 2015 | -8.62% | 0.00% | 0.00x | 1.10x | $-2.01 Million |
| 2016 | 34.64% | 0.00% | 0.00x | 1.01x | $4.83 Million |
| 2017 | -10.11% | 0.00% | 0.00x | 1.02x | $-3.90 Million |
| 2018 | -6.59% | 0.00% | 0.00x | 1.02x | $-2.83 Million |
| 2019 | -5.82% | 0.00% | 0.00x | 1.02x | $-2.84 Million |
| 2020 | -7.39% | 0.00% | 0.00x | 1.02x | $-4.02 Million |
| 2021 | -6.97% | 0.00% | 0.00x | 1.05x | $-4.46 Million |
| 2022 | -9.17% | 0.00% | 0.00x | 1.11x | $-5.66 Million |
| 2023 | -9.92% | 0.00% | 0.00x | 1.08x | $-6.12 Million |
| 2024 | -3.74% | 0.00% | 0.00x | 1.09x | $-4.12 Million |
Industry Comparison
This section compares Canagold Resources Ltd'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 |
|---|---|---|---|---|
| Canagold Resources Ltd (CRCUF) | $34.62 Million | 2.88% | 0.10x | $23.92 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 |