West Point Gold Corp.
West Point Gold Corp., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in North America. The company primarily explores for gold, silver, precious metals, and base metals. Its flagship project is Gold Chain located in Oatman District of Arizona. The company was formerly known as Gold79 Mines Ltd. and changed… Read more
West Point Gold Corp. (WPGCF) - Net Assets
Latest net assets as of September 2025: $12.76 Million USD
Based on the latest financial reports, West Point Gold Corp. (WPGCF) has net assets worth $12.76 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 ($13.14 Million) and total liabilities ($377.98K). 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 | $12.76 Million |
| % of Total Assets | 97.12% |
| Annual Growth Rate | 54.51% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 75.99 |
West Point Gold Corp. - Net Assets Trend (2020–2024)
This chart illustrates how West Point 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 West Point Gold Corp. (2020–2024)
The table below shows the annual net assets of West Point Gold Corp. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $13.95 Million | +186.07% |
| 2023-12-31 | $4.88 Million | -0.82% |
| 2022-12-31 | $4.92 Million | +5.35% |
| 2021-12-31 | $4.67 Million | +90.69% |
| 2020-12-31 | $2.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to West Point 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 290010200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $35.95 Million | 257.65% |
| Total Equity | $13.95 Million | 100.00% |
West Point Gold Corp. Competitors by Market Cap
The table below lists competitors of West Point Gold Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SundayToz Corp
KQ:123420
|
$29.11 Million |
|
ALGAE
PA:ALGAE
|
$29.13 Million |
|
INTERCEDE GRP. PLC LS-25
F:LYD
|
$29.13 Million |
|
Corpovael S.A.B. de C.V
MX:CADUA
|
$29.14 Million |
|
Western Carriers India Ltd
NSE:WCIL
|
$29.10 Million |
|
Westport Fuel Systems Inc
NASDAQ:WPRT
|
$29.09 Million |
|
biote Corp
NASDAQ:BTMD
|
$29.09 Million |
|
Galecto Inc
NASDAQ:GLTO
|
$29.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in West Point Gold Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,877,221 to 13,952,431, a change of 9,075,210 (186.1%).
- Net loss of 1,051,911 reduced equity.
- New share issuances of 4,956,540 increased equity.
- Other factors increased equity by 5,170,581.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.05 Million | -7.54% |
| Share Issuances | $4.96 Million | +35.52% |
| Other Changes | $5.17 Million | +37.06% |
| Total Change | $- | 186.07% |
Book Value vs Market Value Analysis
This analysis compares West Point 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: 1.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.10x to 1.38x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.27 | $0.29 | x |
| 2021-12-31 | $0.32 | $0.29 | x |
| 2022-12-31 | $0.28 | $0.29 | x |
| 2023-12-31 | $0.25 | $0.29 | x |
| 2024-12-31 | $0.21 | $0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently West Point 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): -7.54%
- 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: 1.02x
- Recent ROE (-7.54%) is above the historical average (-16.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -34.05% | 0.00% | 0.00x | 1.06x | $-1.08 Million |
| 2021 | -19.78% | 0.00% | 0.00x | 1.05x | $-1.39 Million |
| 2022 | -10.26% | 0.00% | 0.00x | 1.02x | $-996.09K |
| 2023 | -8.62% | 0.00% | 0.00x | 1.04x | $-908.11K |
| 2024 | -7.54% | 0.00% | 0.00x | 1.02x | $-2.45 Million |
Industry Comparison
This section compares West Point Gold Corp.'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 |
|---|---|---|---|---|
| West Point Gold Corp. (WPGCF) | $12.76 Million | -34.05% | 0.03x | $29.11 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 |