Fremont Gold Ltd
Hayasa Metals Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties. It explores for gold and copper deposits. The company holds interest in an exploration permit comprising 33.8 square kilometers in the Urasar mineral district in northern Armenia. It also holds an option to acquire 100% of the Vardenis copper-gold project in central Arm… Read more
Fremont Gold Ltd (FRERF) - Net Assets
Latest net assets as of September 2024: $964.76K USD
Based on the latest financial reports, Fremont Gold Ltd (FRERF) has net assets worth $964.76K USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.71 Million) and total liabilities ($743.24K). 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 | $964.76K |
| % of Total Assets | 56.48% |
| Annual Growth Rate | N/A |
| 5-Year Change | -94.46% |
| 10-Year Change | N/A |
| Growth Volatility | 41.44 |
Fremont Gold Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Fremont Gold 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 Fremont Gold Ltd (2017–2024)
The table below shows the annual net assets of Fremont Gold Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $205.06K | -92.82% |
| 2023-03-31 | $2.86 Million | +22.66% |
| 2022-03-31 | $2.33 Million | -0.14% |
| 2021-03-31 | $2.33 Million | -37.01% |
| 2020-03-31 | $3.70 Million | +19.71% |
| 2019-03-31 | $3.09 Million | +16.24% |
| 2018-03-31 | $2.66 Million | +4184.80% |
| 2017-03-31 | $-65.11K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fremont Gold 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 1376892000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $21.21 Million | 10345.12% |
| Total Equity | $205.06K | 100.00% |
Fremont Gold Ltd Competitors by Market Cap
The table below lists competitors of Fremont Gold Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Magic Empire Global Limited
NASDAQ:MEGL
|
$3.43 Million |
|
Airlux Electrical Co. Ltd.
TWO:4609
|
$3.43 Million |
|
Ornapaper Bhd
KLSE:5065
|
$3.43 Million |
|
Yonga Mobilya Sanayi ve Ticaret AS
IS:YONGA
|
$3.43 Million |
|
E Investment & Development
KO:093230
|
$3.43 Million |
|
Sanko Diecasting (Thailand) Public Company Limited
BK:SANKO
|
$3.43 Million |
|
KNM Group Bhd
KLSE:7164
|
$3.43 Million |
|
Sekur Private Data Ltd
OTCQX:SWISF
|
$3.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fremont Gold Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,855,413 to 205,058, a change of -2,650,355 (-92.8%).
- Net loss of 3,943,310 reduced equity.
- New share issuances of 1,129,596 increased equity.
- Other factors increased equity by 163,359.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.94 Million | -1923.02% |
| Share Issuances | $1.13 Million | +550.87% |
| Other Changes | $163.36K | +79.66% |
| Total Change | $- | -92.82% |
Book Value vs Market Value Analysis
This analysis compares Fremont Gold 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: 14.13x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | $-0.01 | $0.08 | x |
| 2018-03-31 | $0.08 | $0.08 | x |
| 2019-03-31 | $0.06 | $0.08 | x |
| 2020-03-31 | $0.05 | $0.08 | x |
| 2021-03-31 | $0.02 | $0.08 | x |
| 2022-03-31 | $0.16 | $0.08 | x |
| 2023-03-31 | $0.11 | $0.08 | x |
| 2024-03-31 | $0.01 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fremont Gold 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): -1923.02%
- 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: 4.72x
- Recent ROE (-1923.02%) is below the historical average (-285.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-18.04K |
| 2018 | -30.63% | 0.00% | 0.00x | 1.10x | $-1.08 Million |
| 2019 | -78.95% | 0.00% | 0.00x | 1.06x | $-2.75 Million |
| 2020 | -33.55% | 0.00% | 0.00x | 1.06x | $-1.61 Million |
| 2021 | -154.64% | 0.00% | 0.00x | 1.08x | $-3.84 Million |
| 2022 | -31.56% | 0.00% | 0.00x | 1.15x | $-967.48K |
| 2023 | -34.62% | 0.00% | 0.00x | 1.15x | $-1.27 Million |
| 2024 | -1923.02% | 0.00% | 0.00x | 4.72x | $-3.96 Million |
Industry Comparison
This section compares Fremont Gold 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 |
|---|---|---|---|---|
| Fremont Gold Ltd (FRERF) | $964.76K | 0.00% | 0.77x | $3.43 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 |