P2 Gold Inc
P2 Gold Inc., a mineral exploration company, engages in the acquisition, exploration, and development of mineral resource properties primarily in the United States. It primarily explores for gold, copper, and silver deposits. The company holds a 100% interest in the Gabbs project that consists of 543 unpatented lode mining claims and one patented lode mining claim covering 4,500 hectares located … Read more
P2 Gold Inc (PGLDF) - Net Assets
Latest net assets as of September 2025: $9.52 Million USD
Based on the latest financial reports, P2 Gold Inc (PGLDF) has net assets worth $9.52 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 ($12.11 Million) and total liabilities ($2.59 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 | $9.52 Million |
| % of Total Assets | 78.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | -226.78% |
| 10-Year Change | N/A |
| Growth Volatility | 242.44 |
P2 Gold Inc - Net Assets Trend (2018–2024)
This chart illustrates how P2 Gold 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 P2 Gold Inc (2018–2024)
The table below shows the annual net assets of P2 Gold Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-2.21 Million | +76.40% |
| 2023-12-31 | $-9.36 Million | +4.83% |
| 2022-12-31 | $-9.83 Million | -121.14% |
| 2021-12-31 | $-4.45 Million | -355.24% |
| 2020-12-31 | $1.74 Million | +238.48% |
| 2019-12-31 | $514.76K | -68.85% |
| 2018-12-31 | $1.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to P2 Gold 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 4762831700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $46.80 Million | % |
| Total Equity | $-2.21 Million | 100.00% |
P2 Gold Inc Competitors by Market Cap
The table below lists competitors of P2 Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Macro Metals Ltd
AU:M4M
|
$9.50 Million |
|
AGMO
KLSE:0258
|
$9.50 Million |
|
SIMPPLE LTD. Ordinary Shares
NASDAQ:SPPL
|
$9.50 Million |
|
Coloray International Investment Co. Ltd
KQ:900310
|
$9.50 Million |
|
AULSF
PINK:AULSF
|
$9.49 Million |
|
Prestar Resources Bhd
KLSE:9873
|
$9.49 Million |
|
IRSA Propiedades Comerciales S.A
BA:IRCP
|
$9.48 Million |
|
Clean Teq Water Ltd
PINK:CNQQF
|
$9.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in P2 Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -9,359,315 to -2,208,931, a change of 7,150,384.
- Net income of 4,148,527 contributed positively to equity growth.
- New share issuances of 1,492,000 increased equity.
- Other factors increased equity by 1,509,857.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.15 Million | +187.81% |
| Share Issuances | $1.49 Million | +67.54% |
| Other Changes | $1.51 Million | +68.35% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares P2 Gold 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.19 | $0.06 | x |
| 2019-12-31 | $0.06 | $0.06 | x |
| 2020-12-31 | $0.06 | $0.06 | x |
| 2021-12-31 | $-0.06 | $0.06 | x |
| 2022-12-31 | $-0.11 | $0.06 | x |
| 2023-12-31 | $-0.09 | $0.06 | x |
| 2024-12-31 | $-0.01 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently P2 Gold 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-85.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -54.73% | 0.00% | 0.00x | 1.31x | $-1.07 Million |
| 2019 | -253.45% | 0.00% | 0.00x | 1.29x | $-1.36 Million |
| 2020 | -287.67% | 0.00% | 0.00x | 1.07x | $-5.19 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-26.94 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.95 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.52 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $4.37 Million |
Industry Comparison
This section compares P2 Gold Inc'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 |
|---|---|---|---|---|
| P2 Gold Inc (PGLDF) | $9.52 Million | -54.73% | 0.27x | $9.50 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 |