Element79 Gold Corp
Element79 Gold Corp., a exploration stage company, engages in the acquisition, exploration, and development of mining properties in Peru, Canada, and the United States. The company primarily explores for gold, silver, and associated metals. Its flagship property is the Lucero mine which covers an area of 10,805 hectares project located in Arequipa, Peru. Element79 Gold Corp. was incorporated in 2… Read more
Element79 Gold Corp (ELMGF) - Net Assets
Latest net assets as of November 2025: $1.95 Million USD
Based on the latest financial reports, Element79 Gold Corp (ELMGF) has net assets worth $1.95 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.08 Million) and total liabilities ($5.13 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 | $1.95 Million |
| % of Total Assets | 27.6% |
| Annual Growth Rate | 83.82% |
| 5-Year Change | 251.52% |
| 10-Year Change | N/A |
| Growth Volatility | 1072.13 |
Element79 Gold Corp - Net Assets Trend (2020–2025)
This chart illustrates how Element79 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 Element79 Gold Corp (2020–2025)
The table below shows the annual net assets of Element79 Gold Corp from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $2.12 Million | -80.96% |
| 2024-08-31 | $11.11 Million | +30.77% |
| 2023-08-31 | $8.50 Million | -50.09% |
| 2022-08-31 | $17.02 Million | +2728.26% |
| 2021-08-31 | $601.88K | +496.82% |
| 2020-08-31 | $100.85K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Element79 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 3938895600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $41.45 Million | 2026.35% |
| Total Equity | $2.05 Million | 100.00% |
Element79 Gold Corp Competitors by Market Cap
The table below lists competitors of Element79 Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UCB - Dusseldorf Stock Exchang
DU:UNC
|
$2.35 Million |
|
Amplitech Group, Inc. Series B Right
NASDAQ:AMPGZ
|
$2.35 Million |
|
Sivarom Real Estate PCL
BK:SVR
|
$2.35 Million |
|
AKS Corporation Public Company Limited
BK:AKS
|
$2.35 Million |
|
Celebrity Fashions Limited
NSE:CELEBRITY
|
$2.34 Million |
|
Feng Chi Biotech Corp.
TWO:6744
|
$2.34 Million |
|
QEM Ltd
AU:QEM
|
$2.34 Million |
|
GENMAB (GE9.SG)
STU:GE9
|
$2.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Element79 Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,081,229 to 2,045,461, a change of -9,035,768 (-81.5%).
- Net loss of 16,226,788 reduced equity.
- New share issuances of 328,900 increased equity.
- Other factors increased equity by 6,862,120.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-16.23 Million | -793.31% |
| Share Issuances | $328.90K | +16.08% |
| Other Changes | $6.86 Million | +335.48% |
| Total Change | $- | -81.54% |
Book Value vs Market Value Analysis
This analysis compares Element79 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: 1.24x
- 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 0.35x to 1.24x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-08-31 | $0.03 | $0.01 | x |
| 2021-08-31 | $0.18 | $0.01 | x |
| 2022-08-31 | $3.16 | $0.01 | x |
| 2023-08-31 | $0.86 | $0.01 | x |
| 2024-08-31 | $0.13 | $0.01 | x |
| 2025-08-31 | $0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Element79 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): -793.31%
- 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: 3.44x
- Recent ROE (-793.31%) is below the historical average (-187.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -13.64% | 0.00% | 0.00x | 1.06x | $-23.84K |
| 2021 | -103.96% | 0.00% | 0.00x | 1.69x | $-685.89K |
| 2022 | -29.12% | 0.00% | 0.00x | 1.58x | $-6.66 Million |
| 2023 | -144.69% | 0.00% | 0.00x | 2.25x | $-13.14 Million |
| 2024 | -39.71% | 0.00% | 0.00x | 1.38x | $-5.51 Million |
| 2025 | -793.31% | 0.00% | 0.00x | 3.44x | $-16.43 Million |
Industry Comparison
This section compares Element79 Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $411,687,235
- Average return on equity (ROE) among peers: -119.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Element79 Gold Corp (ELMGF) | $1.95 Million | -13.64% | 2.62x | $2.35 Million |
| Almadex Minerals Ltd (AAMMF) | $5.73 Million | 6.70% | 0.01x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $10.03 Million | -13.48% | 0.17x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $19.90 Million | -2.53% | 0.04x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $65.44K | -173.09% | 0.37x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $413.79K | -494.09% | 0.29x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $3.67 Billion | 9.39% | 0.50x | $98.30 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $-555.77K | 0.00% | 0.00x | $0.94 |
| Antioquia Gold Inc (AGDXF) | $-702.21K | 0.00% | 0.00x | $1.44 Million |