Plato Gold Corp
Plato Gold Corp., an exploration company, engages in the exploration and development of mineral properties in Canada. It explores for gold, platinum, niobium, and rare mineral properties. The company is based in Toronto, Canada.
Plato Gold Corp (NIOVF) - Net Assets
Latest net assets as of September 2025: $-389.95K USD
Based on the latest financial reports, Plato Gold Corp (NIOVF) has net assets worth $-389.95K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.79 Million) and total liabilities ($3.18 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 | $-389.95K |
| % of Total Assets | -13.98% |
| Annual Growth Rate | N/A |
| 5-Year Change | -12.15% |
| 10-Year Change | N/A |
| Growth Volatility | 15.67 |
Plato Gold Corp - Net Assets Trend (2017–2024)
This chart illustrates how Plato 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 Plato Gold Corp (2017–2024)
The table below shows the annual net assets of Plato Gold Corp from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.11 Million | -14.02% |
| 2023-12-31 | $1.29 Million | -20.81% |
| 2022-12-31 | $1.63 Million | +6.69% |
| 2021-12-31 | $1.52 Million | +20.92% |
| 2020-12-31 | $1.26 Million | +0.60% |
| 2019-12-31 | $1.25 Million | +19.77% |
| 2018-12-31 | $1.05 Million | +231.57% |
| 2017-12-31 | $-795.14K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Plato 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 158796900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $13.99 Million | 1253.34% |
| Total Equity | $1.12 Million | 100.00% |
Plato Gold Corp Competitors by Market Cap
The table below lists competitors of Plato Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HAYAF
OTCQB:HAYAF
|
$3.14 Million |
|
SKRR Exploration Inc
PINK:SKKRF
|
$3.14 Million |
|
Sapura Industrial Bhd
KLSE:7811
|
$3.14 Million |
|
Butn Ltd
AU:BTN
|
$3.14 Million |
|
Capital Partners S.A.
WAR:CPA
|
$3.14 Million |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
$3.14 Million |
|
KEYENCE CORP
MU:KEE
|
$3.14 Million |
|
Ping An Biomedical Co., Ltd.
NASDAQ:PASW
|
$3.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Plato Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,295,300 to 1,115,843, a change of -179,457 (-13.9%).
- Net loss of 213,957 reduced equity.
- Other factors increased equity by 34,500.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-213.96K | -19.17% |
| Other Changes | $34.50K | +3.09% |
| Total Change | $- | -13.85% |
Book Value vs Market Value Analysis
This analysis compares Plato 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: 4.13x
- 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 |
|---|---|---|---|
| 2017-12-31 | $0.00 | $0.02 | x |
| 2018-12-31 | $0.01 | $0.02 | x |
| 2019-12-31 | $0.01 | $0.02 | x |
| 2020-12-31 | $0.01 | $0.02 | x |
| 2021-12-31 | $0.01 | $0.02 | x |
| 2022-12-31 | $0.01 | $0.02 | x |
| 2023-12-31 | $0.01 | $0.02 | x |
| 2024-12-31 | $0.00 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Plato 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): -19.17%
- 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: 2.26x
- Recent ROE (-19.17%) is below the historical average (-14.37%), 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 | $-238.56K |
| 2018 | 5.94% | 0.00% | 0.00x | 1.64x | $-43.51K |
| 2019 | -21.02% | 0.00% | 0.00x | 1.47x | $-396.79K |
| 2020 | -15.85% | 0.00% | 0.00x | 1.51x | $-327.26K |
| 2021 | -23.51% | 0.00% | 0.00x | 1.50x | $-512.83K |
| 2022 | -14.61% | 0.00% | 0.00x | 1.51x | $-401.97K |
| 2023 | -26.78% | 0.00% | 0.00x | 1.92x | $-476.38K |
| 2024 | -19.17% | 0.00% | 0.00x | 2.26x | $-325.54K |
Industry Comparison
This section compares Plato 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 |
|---|---|---|---|---|
| Plato Gold Corp (NIOVF) | $-389.95K | 0.00% | N/A | $3.14 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 |