Cassiar Gold Corp
Cassiar Gold Corp. operates as a mineral acquisition and exploration company in Canada. The company explores for gold and silver. Its flagship project is the 100% owned Cassiar Gold project covering an area of 590 square kilometers located in British Columbia, Canada. The company was formerly known as Margaux Resources Ltd. and changed its name to Cassiar Gold Corp. in September 2020. Cassiar Gol… Read more
Cassiar Gold Corp (CGLCF) - Net Assets
Latest net assets as of September 2025: $10.62 Million USD
Based on the latest financial reports, Cassiar Gold Corp (CGLCF) has net assets worth $10.62 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 ($16.75 Million) and total liabilities ($6.13 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 | $10.62 Million |
| % of Total Assets | 63.42% |
| Annual Growth Rate | 7.08% |
| 5-Year Change | -43.7% |
| 10-Year Change | N/A |
| Growth Volatility | 86.47 |
Cassiar Gold Corp - Net Assets Trend (2017–2025)
This chart illustrates how Cassiar 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 Cassiar Gold Corp (2017–2025)
The table below shows the annual net assets of Cassiar Gold Corp from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $10.62 Million | -10.90% |
| 2024-09-30 | $11.92 Million | +14.81% |
| 2023-09-30 | $10.38 Million | -68.87% |
| 2022-09-30 | $33.35 Million | +76.77% |
| 2021-09-30 | $18.87 Million | +128.98% |
| 2020-09-30 | $8.24 Million | +196.30% |
| 2019-09-30 | $2.78 Million | +27.98% |
| 2018-09-30 | $2.17 Million | -64.64% |
| 2017-09-30 | $6.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cassiar 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 6245326600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $85.06 Million | 800.87% |
| Total Equity | $10.62 Million | 100.00% |
Cassiar Gold Corp Competitors by Market Cap
The table below lists competitors of Cassiar Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DVL Inc
PINK:DVLN
|
$18.05 Million |
|
New Advanced Electronics Technologies Co Ltd
TWO:3465
|
$18.05 Million |
|
Ascent Solar Technologies, Inc. Common Stock
NASDAQ:ASTI
|
$18.06 Million |
|
Neurizon Therapeutics Ltd
AU:NUZ
|
$18.06 Million |
|
Mold-Tek Technologies Limited
NSE:MOLDTECH
|
$18.04 Million |
|
Globalsat Worldcom
TWO:3499
|
$18.03 Million |
|
Beamtree Holdings Ltd
AU:BMT
|
$18.03 Million |
|
ClimateRock Class A Ordinary Shares
NASDAQ:CLRC
|
$18.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cassiar Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,919,634 to 10,620,708, a change of -1,298,926 (-10.9%).
- Net loss of 6,435,459 reduced equity.
- New share issuances of 5,911,130 increased equity.
- Other factors decreased equity by 774,597.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.44 Million | -60.59% |
| Share Issuances | $5.91 Million | +55.66% |
| Other Changes | $-774.60K | -7.29% |
| Total Change | $- | -10.90% |
Book Value vs Market Value Analysis
This analysis compares Cassiar 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: 1.87x
- 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 0.22x to 1.87x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | $0.62 | $0.14 | x |
| 2018-09-30 | $0.18 | $0.14 | x |
| 2019-09-30 | $0.15 | $0.14 | x |
| 2020-09-30 | $0.21 | $0.14 | x |
| 2021-09-30 | $0.31 | $0.14 | x |
| 2022-09-30 | $0.41 | $0.14 | x |
| 2023-09-30 | $0.11 | $0.14 | x |
| 2024-09-30 | $0.09 | $0.14 | x |
| 2025-09-30 | $0.07 | $0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cassiar 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): -60.59%
- 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: 1.58x
- Recent ROE (-60.59%) is above the historical average (-83.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -45.51% | 0.00% | 0.00x | 1.05x | $-3.41 Million |
| 2018 | -355.01% | 0.00% | 0.00x | 1.16x | $-7.93 Million |
| 2019 | -59.45% | 0.00% | 0.00x | 1.15x | $-1.93 Million |
| 2020 | -29.73% | 0.00% | 0.00x | 1.09x | $-3.27 Million |
| 2021 | -8.50% | 0.00% | 0.00x | 1.17x | $-3.49 Million |
| 2022 | -8.24% | 0.00% | 0.00x | 1.15x | $-6.08 Million |
| 2023 | -119.64% | 0.00% | 0.00x | 1.51x | $-13.46 Million |
| 2024 | -63.17% | 0.00% | 0.00x | 1.38x | $-8.72 Million |
| 2025 | -60.59% | 0.00% | 0.00x | 1.58x | $-7.50 Million |
Industry Comparison
This section compares Cassiar 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 |
|---|---|---|---|---|
| Cassiar Gold Corp (CGLCF) | $10.62 Million | -45.51% | 0.58x | $18.04 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 |