FireFox Gold Corp
FireFox Gold Corp. engages in the exploring for economic gold mineralization in Finland. Its flagship properties include in the Jeesiö Gold Project located in Lapland; and the Mustajärvi Gold Project situated in northern Finland. The company was formerly known as Silverstone Resources Corp. and changed its name to FireFox Gold Corp. in August 2017. FireFox Gold Corp. was incorporated in 2017 and … Read more
FireFox Gold Corp (FFOXF) - Net Assets
Latest net assets as of September 2025: $6.71 Million USD
Based on the latest financial reports, FireFox Gold Corp (FFOXF) has net assets worth $6.71 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 ($7.81 Million) and total liabilities ($1.10 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 | $6.71 Million |
| % of Total Assets | 85.91% |
| Annual Growth Rate | 16.2% |
| 5-Year Change | -41.39% |
| 10-Year Change | N/A |
| Growth Volatility | 85.89 |
FireFox Gold Corp - Net Assets Trend (2017–2024)
This chart illustrates how FireFox 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 FireFox Gold Corp (2017–2024)
The table below shows the annual net assets of FireFox Gold Corp from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.76 Million | -17.72% |
| 2023-12-31 | $2.14 Million | +8.88% |
| 2022-12-31 | $1.96 Million | -8.31% |
| 2021-12-31 | $2.14 Million | -28.65% |
| 2020-12-31 | $3.00 Million | +207.74% |
| 2019-12-31 | $975.47K | -29.75% |
| 2018-12-31 | $1.39 Million | +125.76% |
| 2017-12-31 | $615.07K | -- |
Equity Component Analysis
This analysis shows how different components contribute to FireFox 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 2127928800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $23.91 Million | 1358.83% |
| Total Equity | $1.76 Million | 100.00% |
FireFox Gold Corp Competitors by Market Cap
The table below lists competitors of FireFox Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FINMECCANICA
HM:FMNB
|
$614.15K |
|
Engineer Gold Mines Ltd
PINK:EGMLF
|
$614.21K |
|
BT Brands Inc. Warrant
NASDAQ:BTBDW
|
$614.32K |
|
Sarama Resources Ltd
PINK:SRMMF
|
$614.91K |
|
Gulf Resources Inc
F:R29B
|
$613.81K |
|
Private Equity Holding AG
SW:PEHN
|
$613.71K |
|
TECH INVEST GROUP ZY-02
F:6N2
|
$613.38K |
|
Aero Energy Limited
PINK:AAUGF
|
$613.34K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FireFox Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,138,368 to 1,759,489, a change of -378,879 (-17.7%).
- Net loss of 2,120,378 reduced equity.
- New share issuances of 1,362,319 increased equity.
- Other factors increased equity by 379,180.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.12 Million | -120.51% |
| Share Issuances | $1.36 Million | +77.43% |
| Other Changes | $379.18K | +21.55% |
| Total Change | $- | -17.72% |
Book Value vs Market Value Analysis
This analysis compares FireFox 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: 0.28x
- 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 1.17x to 0.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.02 | $0.02 | x |
| 2018-12-31 | $0.05 | $0.02 | x |
| 2019-12-31 | $0.02 | $0.02 | x |
| 2020-12-31 | $0.04 | $0.02 | x |
| 2021-12-31 | $0.02 | $0.02 | x |
| 2022-12-31 | $0.01 | $0.02 | x |
| 2023-12-31 | $0.01 | $0.02 | x |
| 2024-12-31 | $0.09 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FireFox 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): -120.51%
- 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: 1.20x
- Recent ROE (-120.51%) is above the historical average (-164.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -141.40% | 0.00% | 0.00x | 1.07x | $-931.18K |
| 2018 | -154.02% | 0.00% | 0.00x | 1.25x | $-2.28 Million |
| 2019 | -227.63% | 0.00% | 0.00x | 1.20x | $-2.32 Million |
| 2020 | -93.04% | 0.00% | 0.00x | 1.05x | $-3.09 Million |
| 2021 | -246.88% | 0.00% | 0.00x | 1.43x | $-5.50 Million |
| 2022 | -182.36% | 0.00% | 0.00x | 1.13x | $-3.78 Million |
| 2023 | -146.70% | 0.00% | 0.00x | 1.20x | $-3.35 Million |
| 2024 | -120.51% | 0.00% | 0.00x | 1.20x | $-2.30 Million |
Industry Comparison
This section compares FireFox Gold Corp'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 |
|---|---|---|---|---|
| FireFox Gold Corp (FFOXF) | $6.71 Million | -141.40% | 0.16x | $613.99K |
| 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 |