Galore Resources Inc
Galore Resources Inc., through its subsidiary, Minerales Galore, S.A de C.V., engages in the acquisition and exploration of mineral properties in North America. The company explores for gold deposit. Its flagship project is the Dos Santos gold and base-metal property covering an area of 15,000 hectares of mineral claims located in northern Zacatecas State, Mexico. Galore Resources Inc. was incorp… Read more
Galore Resources Inc (GALOF) - Net Assets
Latest net assets as of September 2025: $1.72 Million USD
Based on the latest financial reports, Galore Resources Inc (GALOF) has net assets worth $1.72 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 ($12.55 Million) and total liabilities ($10.83 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 | $1.72 Million |
| % of Total Assets | 13.73% |
| Annual Growth Rate | -5.62% |
| 5-Year Change | -40.23% |
| 10-Year Change | -45.07% |
| Growth Volatility | 12.16 |
Galore Resources Inc - Net Assets Trend (2014–2025)
This chart illustrates how Galore Resources Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Galore Resources Inc (2014–2025)
The table below shows the annual net assets of Galore Resources Inc from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $2.29 Million | +5.95% |
| 2024-03-31 | $2.16 Million | -28.33% |
| 2023-03-31 | $3.02 Million | -25.98% |
| 2022-03-31 | $4.08 Million | +6.34% |
| 2021-03-31 | $3.84 Million | -4.25% |
| 2020-03-31 | $4.01 Million | -5.88% |
| 2019-03-31 | $4.26 Million | +0.13% |
| 2018-03-31 | $4.25 Million | -9.83% |
| 2017-03-31 | $4.71 Million | +12.95% |
| 2016-03-31 | $4.17 Million | -2.04% |
| 2015-03-31 | $4.26 Million | -1.65% |
| 2014-03-31 | $4.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Galore Resources Inc'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 575711500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $21.80 Million | 950.69% |
| Total Equity | $2.29 Million | 100.00% |
Galore Resources Inc Competitors by Market Cap
The table below lists competitors of Galore Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global Service Center Public Company Limited
BK:GSC
|
$1.36 Million |
|
Metro Realty Tbk
JK:MTSM
|
$1.36 Million |
|
Asia Brands Bhd
KLSE:7722
|
$1.36 Million |
|
SKAGEN Kon-Tiki A
CO:SKIKON
|
$1.36 Million |
|
Alerio Gold Corp
PINK:ALEEF
|
$1.36 Million |
|
Golden Share Resources Corp
V:GSH
|
$1.36 Million |
|
Seremban Engineering Bhd
KLSE:5163
|
$1.36 Million |
|
WANLF
PINK:WANLF
|
$1.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Galore Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,164,056 to 2,292,776, a change of 128,720 (5.9%).
- Net loss of 100,534 reduced equity.
- Other factors increased equity by 229,254.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-100.53K | -4.38% |
| Other Changes | $229.25K | +10.0% |
| Total Change | $- | 5.95% |
Book Value vs Market Value Analysis
This analysis compares Galore Resources Inc'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: 0.86x
- 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 0.29x to 0.86x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | $0.04 | $0.01 | x |
| 2019-03-31 | $0.03 | $0.01 | x |
| 2020-03-31 | $0.03 | $0.01 | x |
| 2021-03-31 | $0.03 | $0.01 | x |
| 2022-03-31 | $0.02 | $0.01 | x |
| 2023-03-31 | $0.02 | $0.01 | x |
| 2024-03-31 | $0.01 | $0.01 | x |
| 2025-03-31 | $0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Galore Resources Inc 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): -4.38%
- 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: 5.44x
- Recent ROE (-4.38%) is above the historical average (-14.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -3.25% | 0.00% | 0.00x | 1.05x | $-574.18K |
| 2015 | -3.63% | 0.00% | 0.00x | 1.11x | $-580.90K |
| 2016 | -2.08% | 0.00% | 0.00x | 1.16x | $-504.40K |
| 2017 | -1.10% | 0.00% | 0.00x | 1.23x | $-523.34K |
| 2018 | -16.66% | 0.00% | 0.00x | 1.29x | $-1.13 Million |
| 2019 | -16.51% | 0.00% | 0.00x | 1.40x | $-1.13 Million |
| 2020 | -16.49% | 0.00% | 0.00x | 1.79x | $-1.06 Million |
| 2021 | -11.45% | 0.00% | 0.00x | 1.99x | $-822.71K |
| 2022 | -19.59% | 0.00% | 0.00x | 2.13x | $-1.21 Million |
| 2023 | -39.63% | 0.00% | 0.00x | 3.28x | $-1.50 Million |
| 2024 | -39.59% | 0.00% | 0.00x | 5.30x | $-1.07 Million |
| 2025 | -4.38% | 0.00% | 0.00x | 5.44x | $-329.81K |
Industry Comparison
This section compares Galore Resources Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Galore Resources Inc (GALOF) | $1.72 Million | -3.25% | 6.28x | $1.36 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |