Thunder Mountain Gold Inc
Thunder Mountain Gold, Inc. explores for and develops mining properties in Nevada and Idaho, the United States. It explores for zinc, silver, gold, and copper deposits, as well as base metals and other commodities. The company holds interests in the South Mountain property that includes 18 patented mining claims covering an area of approximately 346 acres; 36 acres of private land; 34 unpatented … Read more
Thunder Mountain Gold Inc (THMG) - Net Assets
Latest net assets as of September 2025: $642.40K USD
Based on the latest financial reports, Thunder Mountain Gold Inc (THMG) has net assets worth $642.40K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.04 Million) and total liabilities ($1.40 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 | $642.40K |
| % of Total Assets | 31.5% |
| Annual Growth Rate | N/A |
| 5-Year Change | -120.31% |
| 10-Year Change | N/A |
| Growth Volatility | 314.5 |
Thunder Mountain Gold Inc - Net Assets Trend (2014–2024)
This chart illustrates how Thunder Mountain 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 Thunder Mountain Gold Inc (2014–2024)
The table below shows the annual net assets of Thunder Mountain Gold Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-408.48K | -2.80% |
| 2023-12-31 | $-397.37K | -194.64% |
| 2022-12-31 | $419.86K | -72.20% |
| 2021-12-31 | $1.51 Million | -24.90% |
| 2020-12-31 | $2.01 Million | +216.86% |
| 2019-12-31 | $634.70K | +177.93% |
| 2018-12-31 | $-814.47K | -52.70% |
| 2017-12-31 | $-533.38K | -812.22% |
| 2016-12-31 | $74.89K | +132.89% |
| 2015-12-31 | $-227.72K | -155.38% |
| 2014-12-31 | $411.19K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thunder Mountain 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 437586500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $7.22 Million | % |
| Total Equity | $-578.12K | 100.00% |
Thunder Mountain Gold Inc Competitors by Market Cap
The table below lists competitors of Thunder Mountain Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Future Enterprises Limited
NSE:FELDVR
|
$10.55 Million |
|
Hankukpackage Co. Ltd
KQ:037230
|
$10.56 Million |
|
Freeman Gold Corp
OTCQB:FMANF
|
$10.56 Million |
|
SKAKO A/S
CO:SKAKO
|
$10.56 Million |
|
Tower Resources Ltd
PINK:TWRFF
|
$10.55 Million |
|
CS Diagnostics Corp.
OTCQB:CSDX
|
$10.54 Million |
|
Table Trac Inc
OTCQX:TBTC
|
$10.54 Million |
|
Ostim Endustriyel Yatirimlar ve Isletme AS
IS:OSTIM
|
$10.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thunder Mountain Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -567,005 to -578,116, a change of -11,111.
- Net loss of 631,111 reduced equity.
- New share issuances of 470,000 increased equity.
- Other factors increased equity by 150,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-631.11K | -109.17% |
| Share Issuances | $470.00K | +81.3% |
| Other Changes | $150.00K | +25.95% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Thunder Mountain 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 |
|---|---|---|---|
| 2017-12-31 | $-0.01 | $0.15 | x |
| 2018-12-31 | $-0.02 | $0.15 | x |
| 2019-12-31 | $0.01 | $0.15 | x |
| 2020-12-31 | $0.03 | $0.15 | x |
| 2021-12-31 | $0.02 | $0.15 | x |
| 2022-12-31 | $0.00 | $0.15 | x |
| 2023-12-31 | $-0.01 | $0.15 | x |
| 2024-12-31 | $-0.01 | $0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thunder Mountain 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 (-31.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -102.07% | 0.00% | 0.00x | 1.28x | $-460.81K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-994.86K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.03 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-640.37K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-538.87K |
| 2019 | 234.73% | 55.37% | 0.84x | 5.05x | $1.04 Million |
| 2020 | 66.22% | 221.21% | 0.15x | 1.96x | $1.03 Million |
| 2021 | -42.78% | -71.47% | 0.27x | 2.23x | $-705.46K |
| 2022 | -497.45% | -414.91% | 0.17x | 6.88x | $-1.27 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-760.53K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-573.30K |
Industry Comparison
This section compares Thunder Mountain 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 |
|---|---|---|---|---|
| Thunder Mountain Gold Inc (THMG) | $642.40K | -102.07% | 2.17x | $10.55 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 |