Viva Gold Corp
Viva Gold Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. The company explores for gold and precious metal deposits. It holds 100% interest in the Tonopah Gold Project comprising 508 unpatented mineral claims covering an area of approximately 4,092 hectares located in the Walker Lane Trend in Western Nevada. The company was formerly known… Read more
Viva Gold Corp (VAUCF) - Net Assets
Latest net assets as of April 2025: $2.52 Million USD
Based on the latest financial reports, Viva Gold Corp (VAUCF) has net assets worth $2.52 Million USD as of April 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.74 Million) and total liabilities ($218.32K). 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 | $2.52 Million |
| % of Total Assets | 92.03% |
| Annual Growth Rate | N/A |
| 5-Year Change | 12.69% |
| 10-Year Change | N/A |
| Growth Volatility | 193.53 |
Viva Gold Corp - Net Assets Trend (2014–2024)
This chart illustrates how Viva 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 Viva Gold Corp (2014–2024)
The table below shows the annual net assets of Viva Gold Corp from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | $2.24 Million | +134.22% |
| 2023-10-31 | $957.15K | -58.68% |
| 2022-10-31 | $2.32 Million | +27.58% |
| 2021-10-31 | $1.82 Million | -8.74% |
| 2020-10-31 | $1.99 Million | +531.76% |
| 2019-10-31 | $314.90K | -49.86% |
| 2018-10-31 | $628.06K | -11.80% |
| 2017-10-31 | $712.05K | +913.46% |
| 2016-10-31 | $-87.53K | +66.41% |
| 2015-10-31 | $-260.60K | -163.50% |
| 2014-10-31 | $-98.90K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Viva 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 1969080700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $22.45 Million | 1001.61% |
| Total Equity | $2.24 Million | 100.00% |
Viva Gold Corp Competitors by Market Cap
The table below lists competitors of Viva Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Citius Oncology, Inc.
NASDAQ:CTOR
|
$10.81 Million |
|
Legacy Minerals Holdings Ltd
AU:LGM
|
$10.81 Million |
|
Otto Energy Limited
PINK:OTTEF
|
$10.81 Million |
|
Belysse Group N.V.
BR:BELYS
|
$10.82 Million |
|
Ecocera Optronics Co., Ltd.
TWO:6597
|
$10.81 Million |
|
FACILITIES BY ADF LS-01
F:ZC8
|
$10.81 Million |
|
Global Oil & Gas Limited
PINK:BAKPF
|
$10.81 Million |
|
Fantasma Games AB
ST:FAGA
|
$10.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Viva Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 957,152 to 2,241,885, a change of 1,284,733 (134.2%).
- Net loss of 2,433,477 reduced equity.
- New share issuances of 3,260,321 increased equity.
- Other factors increased equity by 457,889.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.43 Million | -108.55% |
| Share Issuances | $3.26 Million | +145.43% |
| Other Changes | $457.89K | +20.42% |
| Total Change | $- | 134.22% |
Book Value vs Market Value Analysis
This analysis compares Viva 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: 5.61x
- 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 |
|---|---|---|---|
| 2015-10-31 | $0.00 | $0.09 | x |
| 2016-10-31 | $0.00 | $0.09 | x |
| 2017-10-31 | $0.07 | $0.09 | x |
| 2018-10-31 | $0.03 | $0.09 | x |
| 2019-10-31 | $0.01 | $0.09 | x |
| 2020-10-31 | $0.05 | $0.09 | x |
| 2021-10-31 | $0.03 | $0.09 | x |
| 2022-10-31 | $0.03 | $0.09 | x |
| 2023-10-31 | $0.01 | $0.09 | x |
| 2024-10-31 | $0.02 | $0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Viva 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): -108.55%
- 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: 1.14x
- Recent ROE (-108.55%) is above the historical average (-182.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-84.49K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-135.64K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-218.18K |
| 2017 | -86.02% | 0.00% | 0.00x | 2.06x | $-683.71K |
| 2018 | -288.23% | 0.00% | 0.00x | 2.03x | $-1.87 Million |
| 2019 | -716.77% | 0.00% | 0.00x | 2.95x | $-2.29 Million |
| 2020 | -104.79% | 0.00% | 0.00x | 1.10x | $-2.28 Million |
| 2021 | -143.27% | 0.00% | 0.00x | 1.14x | $-2.78 Million |
| 2022 | -165.49% | 0.00% | 0.00x | 1.50x | $-4.06 Million |
| 2023 | -393.83% | 0.00% | 0.00x | 1.46x | $-3.87 Million |
| 2024 | -108.55% | 0.00% | 0.00x | 1.14x | $-2.66 Million |
Industry Comparison
This section compares Viva 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 |
|---|---|---|---|---|
| Viva Gold Corp (VAUCF) | $2.52 Million | 0.00% | 0.09x | $10.81 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 |