Lahontan Gold Corp.
Lahontan Gold Corp., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in the United States. It explores for gold and silver deposits. The company's flagship asset includes the 100% owned Santa Fe project that includes 384 unpatented mining claims, 67 unpatented millsite claims, and 24 patented mining claims c… Read more
Lahontan Gold Corp. (LGCXF) - Net Assets
Latest net assets as of September 2025: $19.90 Million USD
Based on the latest financial reports, Lahontan Gold Corp. (LGCXF) has net assets worth $19.90 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 ($21.33 Million) and total liabilities ($1.43 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 | $19.90 Million |
| % of Total Assets | 93.31% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.37 |
Lahontan Gold Corp. - Net Assets Trend (2020–2024)
This chart illustrates how Lahontan 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 Lahontan Gold Corp. (2020–2024)
The table below shows the annual net assets of Lahontan Gold Corp. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $17.89 Million | +7.17% |
| 2023-12-31 | $16.69 Million | +15.90% |
| 2022-12-31 | $14.40 Million | +19157.42% |
| 2021-12-31 | $-75.56K | -39.08% |
| 2020-12-31 | $-54.33K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lahontan 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 586431300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $61.05 Million | 341.34% |
| Total Equity | $17.89 Million | 100.00% |
Lahontan Gold Corp. Competitors by Market Cap
The table below lists competitors of Lahontan Gold Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shemaroo Entertainment Limited
NSE:SHEMAROO
|
$9.67 Million |
|
NBT Inc.
KQ:236810
|
$9.68 Million |
|
Riverside Resources Inc
OTCQB:RVSDF
|
$9.68 Million |
|
Euro Menkul Kiymet Yatirim Ortakligi AS
IS:EUYO
|
$9.69 Million |
|
Tempus Resources Limited
PINK:TMRFF
|
$9.67 Million |
|
Mongolia Energy Corporation Limited
PINK:MOAEF
|
$9.66 Million |
|
Premier Quality Starch PCL
BK:PQS
|
$9.66 Million |
|
BEDFORD METALS CORP.
F:O8D
|
$9.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lahontan Gold Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,690,595 to 17,886,724, a change of 1,196,129 (7.2%).
- Net loss of 1,359,505 reduced equity.
- New share issuances of 2,525,789 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.36 Million | -7.6% |
| Share Issuances | $2.53 Million | +14.12% |
| Other Changes | $29.84K | +0.17% |
| Total Change | $- | 7.17% |
Book Value vs Market Value Analysis
This analysis compares Lahontan 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: 0.45x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.00 | $0.04 | x |
| 2021-12-31 | $0.00 | $0.04 | x |
| 2022-12-31 | $0.15 | $0.04 | x |
| 2023-12-31 | $0.11 | $0.04 | x |
| 2024-12-31 | $0.09 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lahontan 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): -7.60%
- 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: 1.08x
- Recent ROE (-7.60%) is above the historical average (-8.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.67K |
| 2022 | -16.75% | 0.00% | 0.00x | 1.10x | $-3.85 Million |
| 2023 | -9.74% | 0.00% | 0.00x | 1.08x | $-3.29 Million |
| 2024 | -7.60% | 0.00% | 0.00x | 1.08x | $-3.15 Million |
Industry Comparison
This section compares Lahontan Gold Corp.'s net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lahontan Gold Corp. (LGCXF) | $19.90 Million | 0.00% | 0.07x | $9.67 Million |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |