Precipitate Gold Corp
Precipitate Gold Corp. engages in the acquisition and exploration, exploitation, and development of mineral resources in Canada and the Dominican Republic. The company explores for gold and base metal deposits. It primarily holds 100% interests in the Juan de Herrera project covering an area of approximately 12,706 hectares; the Pueblo Grande project that consists of single contiguous claim block… Read more
Precipitate Gold Corp (PREIF) - Net Assets
Latest net assets as of August 2025: $4.33 Million USD
Based on the latest financial reports, Precipitate Gold Corp (PREIF) has net assets worth $4.33 Million USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.67 Million) and total liabilities ($338.68K). 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 | $4.33 Million |
| % of Total Assets | 92.75% |
| Annual Growth Rate | 2.08% |
| 5-Year Change | 58.63% |
| 10-Year Change | 323.65% |
| Growth Volatility | 78.54 |
Precipitate Gold Corp - Net Assets Trend (2012–2024)
This chart illustrates how Precipitate 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 Precipitate Gold Corp (2012–2024)
The table below shows the annual net assets of Precipitate Gold Corp from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | $5.43 Million | -10.05% |
| 2023-11-30 | $6.04 Million | +4.27% |
| 2022-11-30 | $5.79 Million | +144.20% |
| 2021-11-30 | $2.37 Million | -30.74% |
| 2020-11-30 | $3.42 Million | +2.90% |
| 2019-11-30 | $3.33 Million | +96.00% |
| 2018-11-30 | $1.70 Million | -30.66% |
| 2017-11-30 | $2.45 Million | -37.45% |
| 2016-11-30 | $3.91 Million | +205.27% |
| 2015-11-30 | $1.28 Million | -57.19% |
| 2014-11-30 | $2.99 Million | -6.92% |
| 2013-11-30 | $3.22 Million | -24.21% |
| 2012-11-30 | $4.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Precipitate 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 1612162000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $21.55 Million | 396.91% |
| Total Equity | $5.43 Million | 100.00% |
Precipitate Gold Corp Competitors by Market Cap
The table below lists competitors of Precipitate Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
T-Conn Precision Corporation
TWO:6833
|
$6.56 Million |
|
COMTEC SOLAR SYS HD -004
F:8C11
|
$6.56 Million |
|
NamSys Inc
PINK:NMYSF
|
$6.56 Million |
|
WIN Metals Ltd
AU:WIN
|
$6.56 Million |
|
Baan Rock Garden Public Company Limited
BK:BROCK
|
$6.55 Million |
|
Supra Boga Lestari Tbk
JK:RANC
|
$6.55 Million |
|
TWIM Corp.
KQ:290090
|
$6.55 Million |
|
Japan Real Estate Investment Corporation
F:JUA
|
$6.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Precipitate Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,036,365 to 5,429,867, a change of -606,498 (-10.0%).
- Net loss of 768,522 reduced equity.
- Other factors increased equity by 162,024.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-768.52K | -14.15% |
| Other Changes | $162.02K | +2.98% |
| Total Change | $- | -10.05% |
Book Value vs Market Value Analysis
This analysis compares Precipitate 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: 1.31x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-11-30 | $0.00 | $0.05 | x |
| 2016-11-30 | $0.00 | $0.05 | x |
| 2017-11-30 | $0.03 | $0.05 | x |
| 2018-11-30 | $0.02 | $0.05 | x |
| 2019-11-30 | $0.04 | $0.05 | x |
| 2020-11-30 | $0.03 | $0.05 | x |
| 2021-11-30 | $0.02 | $0.05 | x |
| 2022-11-30 | $0.04 | $0.05 | x |
| 2023-11-30 | $0.05 | $0.05 | x |
| 2024-11-30 | $0.04 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Precipitate 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): -14.15%
- 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: 1.06x
- Recent ROE (-14.15%) is above the historical average (-48.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.00% | 0.00x | 1.01x | $-424.38K |
| 2013 | -44.00% | 0.00% | 0.00x | 1.02x | $-1.74 Million |
| 2014 | -41.34% | 0.00% | 0.00x | 1.01x | $-1.54 Million |
| 2015 | -252.74% | 0.00% | 0.00x | 1.04x | $-3.37 Million |
| 2016 | -44.77% | 0.00% | 0.00x | 1.06x | $-2.14 Million |
| 2017 | -71.30% | 0.00% | 0.00x | 1.03x | $-1.99 Million |
| 2018 | -55.44% | 0.00% | 0.00x | 1.04x | $-1.11 Million |
| 2019 | -16.41% | 0.00% | 0.00x | 1.01x | $-878.31K |
| 2020 | -50.27% | 0.00% | 0.00x | 1.02x | $-2.06 Million |
| 2021 | -72.45% | 0.00% | 0.00x | 1.06x | $-1.95 Million |
| 2022 | 26.80% | 0.00% | 0.00x | 1.38x | $972.44K |
| 2023 | 5.94% | 0.00% | 0.00x | 1.06x | $-245.03K |
| 2024 | -14.15% | 0.00% | 0.00x | 1.06x | $-1.31 Million |
Industry Comparison
This section compares Precipitate 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 |
|---|---|---|---|---|
| Precipitate Gold Corp (PREIF) | $4.33 Million | 0.00% | 0.08x | $6.56 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 |