Galway Metals Inc
Galway Metals Inc. engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, zinc, copper, silver, and lead deposits. Its flagship project is the Clarence Stream project covering an area of approximately 60,465 hectares located in southwest New Brunswick, Canada. The company was incorporated in 2012 and is based in Toronto, Canada.
Galway Metals Inc (GAYMF) - Net Assets
Latest net assets as of September 2025: $15.12 Million USD
Based on the latest financial reports, Galway Metals Inc (GAYMF) has net assets worth $15.12 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 ($17.52 Million) and total liabilities ($2.40 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 | $15.12 Million |
| % of Total Assets | 86.29% |
| Annual Growth Rate | 3.35% |
| 5-Year Change | -20.84% |
| 10-Year Change | 63.19% |
| Growth Volatility | 26.33 |
Galway Metals Inc - Net Assets Trend (2013–2024)
This chart illustrates how Galway Metals 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 Galway Metals Inc (2013–2024)
The table below shows the annual net assets of Galway Metals Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $16.14 Million | +26.35% |
| 2023-12-31 | $12.78 Million | -12.63% |
| 2022-12-31 | $14.62 Million | -10.10% |
| 2021-12-31 | $16.27 Million | -20.24% |
| 2020-12-31 | $20.39 Million | +78.25% |
| 2019-12-31 | $11.44 Million | -2.88% |
| 2018-12-31 | $11.78 Million | +11.04% |
| 2017-12-31 | $10.61 Million | -6.97% |
| 2016-12-31 | $11.40 Million | +15.28% |
| 2015-12-31 | $9.89 Million | -10.86% |
| 2014-12-31 | $11.10 Million | -1.25% |
| 2013-12-31 | $11.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Galway Metals 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 6936107300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $87.61 Million | 542.71% |
| Total Equity | $16.14 Million | 100.00% |
Galway Metals Inc Competitors by Market Cap
The table below lists competitors of Galway Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Growthpoint Properties Ltd
JSE:GRT
|
$30.34 Million |
|
Unick Corporation
KQ:011320
|
$30.36 Million |
|
Kindly MD, Inc. Warrants
NASDAQ:KDLYW
|
$30.36 Million |
|
Oncosem Onkolojik Sistemler Sanayi ve Ticaret A.S.
IS:ONCSM
|
$30.36 Million |
|
AmFIRST Real Estate Investment Trust
KLSE:5120
|
$30.34 Million |
|
BeWhere Holdings Inc
OTCQB:BEWFF
|
$30.33 Million |
|
DE&T Co. Ltd
KQ:079810
|
$30.32 Million |
|
AleAnna, Inc. Class A Common Stock
NASDAQ:ANNA
|
$30.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Galway Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,776,238 to 16,143,183, a change of 3,366,945 (26.4%).
- Net loss of 5,774,718 reduced equity.
- New share issuances of 9,472,918 increased equity.
- Other factors decreased equity by 331,255.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.77 Million | -35.77% |
| Share Issuances | $9.47 Million | +58.68% |
| Other Changes | $-331.25K | -2.05% |
| Total Change | $- | 26.35% |
Book Value vs Market Value Analysis
This analysis compares Galway Metals 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: 1.89x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.26x to 1.89x 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 | $0.14 | $0.32 | x |
| 2018-12-31 | $0.11 | $0.32 | x |
| 2019-12-31 | $0.09 | $0.32 | x |
| 2020-12-31 | $0.12 | $0.32 | x |
| 2021-12-31 | $0.09 | $0.32 | x |
| 2022-12-31 | $0.22 | $0.32 | x |
| 2023-12-31 | $0.17 | $0.32 | x |
| 2024-12-31 | $0.17 | $0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Galway Metals 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): -35.77%
- 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: 1.14x
- Recent ROE (-35.77%) is above the historical average (-41.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -17.78% | 0.00% | 0.00x | 1.01x | $-3.12 Million |
| 2014 | 1.68% | 0.00% | 0.00x | 1.02x | $-923.54K |
| 2015 | 6.20% | 0.00% | 0.00x | 1.03x | $-376.06K |
| 2016 | -26.50% | 0.00% | 0.00x | 1.02x | $-4.16 Million |
| 2017 | -56.32% | 0.00% | 0.00x | 1.09x | $-7.04 Million |
| 2018 | -45.64% | 0.00% | 0.00x | 1.05x | $-6.55 Million |
| 2019 | -52.79% | 0.00% | 0.00x | 1.11x | $-7.18 Million |
| 2020 | -57.92% | 0.00% | 0.00x | 1.21x | $-13.85 Million |
| 2021 | -99.52% | 0.00% | 0.00x | 1.28x | $-17.82 Million |
| 2022 | -73.45% | 0.00% | 0.00x | 1.11x | $-12.20 Million |
| 2023 | -42.29% | 0.00% | 0.00x | 1.11x | $-6.68 Million |
| 2024 | -35.77% | 0.00% | 0.00x | 1.14x | $-7.39 Million |
Industry Comparison
This section compares Galway Metals Inc'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 |
|---|---|---|---|---|
| Galway Metals Inc (GAYMF) | $15.12 Million | -17.78% | 0.16x | $30.34 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 |