Endurance Gold Corporation
Endurance Gold Corporation engages in the exploration and development of mineral properties in North America. It primarily explores for gold, copper, niobium, and nickel deposits, as well as rare earth elements. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.
Endurance Gold Corporation (ENDGF) - Net Assets
Latest net assets as of September 2025: $17.29 Million USD
Based on the latest financial reports, Endurance Gold Corporation (ENDGF) has net assets worth $17.29 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 ($17.98 Million) and total liabilities ($687.19K). 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 | $17.29 Million |
| % of Total Assets | 96.18% |
| Annual Growth Rate | 11.23% |
| 5-Year Change | 135.5% |
| 10-Year Change | 273.49% |
| Growth Volatility | 33.0 |
Endurance Gold Corporation - Net Assets Trend (2005–2024)
This chart illustrates how Endurance Gold Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Endurance Gold Corporation (2005–2024)
The table below shows the annual net assets of Endurance Gold Corporation from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $16.73 Million | +39.73% |
| 2023-12-31 | $11.98 Million | +1.31% |
| 2022-12-31 | $11.82 Million | +62.02% |
| 2021-12-31 | $7.30 Million | +2.69% |
| 2020-12-31 | $7.11 Million | +46.52% |
| 2019-12-31 | $4.85 Million | -2.96% |
| 2018-12-31 | $5.00 Million | -44.90% |
| 2017-12-31 | $9.07 Million | +17.46% |
| 2016-12-31 | $7.72 Million | +72.35% |
| 2015-12-31 | $4.48 Million | +2.61% |
| 2014-12-31 | $4.37 Million | +29.01% |
| 2013-12-31 | $3.38 Million | +16.49% |
| 2012-12-31 | $2.91 Million | +7.61% |
| 2011-12-31 | $2.70 Million | -5.29% |
| 2010-12-31 | $2.85 Million | +19.39% |
| 2009-12-31 | $2.39 Million | +42.46% |
| 2008-12-31 | $1.68 Million | -54.58% |
| 2007-12-31 | $3.69 Million | +67.19% |
| 2006-12-31 | $2.21 Million | -0.44% |
| 2005-12-31 | $2.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Endurance Gold Corporation'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 1139482600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $28.71 Million | 171.58% |
| Total Equity | $16.73 Million | 100.00% |
Endurance Gold Corporation Competitors by Market Cap
The table below lists competitors of Endurance Gold Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ITeyes Inc.
KQ:372800
|
$6.85 Million |
|
United Drilling Tools Limited
NSE:UNIDT
|
$6.86 Million |
|
Voltaic Strategic Resources Ltd
AU:VSR
|
$6.86 Million |
|
Oricon Enterprises Limited
NSE:ORICONENT
|
$6.86 Million |
|
Envirotech Vehicles Inc
NASDAQ:EVTV
|
$6.85 Million |
|
UTSTARCOM HLDGS DL-0015
F:UT5
|
$6.85 Million |
|
Avenira Ltd
AU:AEV
|
$6.85 Million |
|
Woojin I&S Co Ltd
KO:010400
|
$6.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Endurance Gold Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,976,969 to 16,734,854, a change of 4,757,885 (39.7%).
- Net loss of 330,144 reduced equity.
- New share issuances of 4,105,000 increased equity.
- Other comprehensive income decreased equity by 3,507,164.
- Other factors increased equity by 4,490,193.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-330.14K | -1.97% |
| Share Issuances | $4.11 Million | +24.53% |
| Other Comprehensive Income | $-3.51 Million | -20.96% |
| Other Changes | $4.49 Million | +26.83% |
| Total Change | $- | 39.73% |
Book Value vs Market Value Analysis
This analysis compares Endurance Gold Corporation'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: 0.95x
- 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 increased from 0.48x to 0.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $0.19 | $0.09 | x |
| 2006-12-31 | $0.13 | $0.09 | x |
| 2007-12-31 | $0.15 | $0.09 | x |
| 2008-12-31 | $0.06 | $0.09 | x |
| 2009-12-31 | $0.07 | $0.09 | x |
| 2010-12-31 | $0.06 | $0.09 | x |
| 2011-12-31 | $0.05 | $0.09 | x |
| 2012-12-31 | $0.06 | $0.09 | x |
| 2013-12-31 | $0.05 | $0.09 | x |
| 2014-12-31 | $0.06 | $0.09 | x |
| 2015-12-31 | $0.05 | $0.09 | x |
| 2016-12-31 | $0.08 | $0.09 | x |
| 2017-12-31 | $0.09 | $0.09 | x |
| 2018-12-31 | $0.05 | $0.09 | x |
| 2019-12-31 | $0.04 | $0.09 | x |
| 2020-12-31 | $0.06 | $0.09 | x |
| 2021-12-31 | $0.06 | $0.09 | x |
| 2022-12-31 | $0.09 | $0.09 | x |
| 2023-12-31 | $0.08 | $0.09 | x |
| 2024-12-31 | $0.09 | $0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Endurance Gold Corporation 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): -1.97%
- 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: 1.01x
- Recent ROE (-1.97%) is above the historical average (-17.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -19.61% | 0.00% | 0.00x | 1.01x | $-656.40K |
| 2006 | 3.59% | 0.00% | 0.00x | 1.06x | $-141.57K |
| 2007 | -4.14% | 0.00% | 0.00x | 1.09x | $-521.62K |
| 2008 | -120.82% | 0.00% | 0.00x | 1.03x | $-2.19 Million |
| 2009 | -13.28% | 0.00% | 0.00x | 1.01x | $-555.90K |
| 2010 | -13.14% | 0.00% | 0.00x | 1.01x | $-659.64K |
| 2011 | -39.94% | 0.00% | 0.00x | 1.04x | $-1.35 Million |
| 2012 | -11.84% | 0.00% | 0.00x | 1.05x | $-634.59K |
| 2013 | -8.15% | 0.00% | 0.00x | 1.02x | $-614.26K |
| 2014 | -13.55% | 0.00% | 0.00x | 1.01x | $-1.03 Million |
| 2015 | -4.96% | 0.00% | 0.00x | 1.03x | $-670.36K |
| 2016 | 35.75% | 0.00% | 0.00x | 1.02x | $1.99 Million |
| 2017 | 11.65% | 0.00% | 0.00x | 1.01x | $149.44K |
| 2018 | -88.33% | 0.00% | 0.00x | 1.02x | $-4.91 Million |
| 2019 | -5.13% | 0.00% | 0.00x | 1.04x | $-733.62K |
| 2020 | 21.85% | 0.00% | 0.00x | 1.03x | $841.89K |
| 2021 | -41.42% | 0.00% | 0.00x | 1.04x | $-3.75 Million |
| 2022 | -19.64% | 0.00% | 0.00x | 1.01x | $-3.50 Million |
| 2023 | -9.28% | 0.00% | 0.00x | 1.02x | $-2.31 Million |
| 2024 | -1.97% | 0.00% | 0.00x | 1.01x | $-2.00 Million |
Industry Comparison
This section compares Endurance Gold Corporation'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 |
|---|---|---|---|---|
| Endurance Gold Corporation (ENDGF) | $17.29 Million | -19.61% | 0.04x | $6.85 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 |