Freegold Ventures Limited
Freegold Ventures Limited, an exploration stage company, engages in the acquisition, exploration, and evaluation of precious and base metal properties in the United States and Canada. The company explores for gold, copper, silver, cobalt, and tungsten deposits. It holds interests in the Golden Summit property that consists of 53 patented claims, 107 unpatented federal claims, and 241 State of Ala… Read more
Freegold Ventures Limited (FGOVF) - Net Assets
Latest net assets as of September 2025: $134.96 Million USD
Based on the latest financial reports, Freegold Ventures Limited (FGOVF) has net assets worth $134.96 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 ($137.05 Million) and total liabilities ($2.09 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 | $134.96 Million |
| % of Total Assets | 98.47% |
| Annual Growth Rate | 14.28% |
| 5-Year Change | 40.23% |
| 10-Year Change | 236.38% |
| Growth Volatility | 40.65 |
Freegold Ventures Limited - Net Assets Trend (2006–2024)
This chart illustrates how Freegold Ventures Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Freegold Ventures Limited (2006–2024)
The table below shows the annual net assets of Freegold Ventures Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $102.61 Million | +14.39% |
| 2023-12-31 | $89.70 Million | +17.30% |
| 2022-12-31 | $76.47 Million | +4.05% |
| 2021-12-31 | $73.49 Million | +0.44% |
| 2020-12-31 | $73.17 Million | +91.45% |
| 2019-12-31 | $38.22 Million | +3.11% |
| 2018-12-31 | $37.07 Million | +0.79% |
| 2017-12-31 | $36.78 Million | +5.31% |
| 2016-12-31 | $34.92 Million | +14.48% |
| 2015-12-31 | $30.50 Million | +3.11% |
| 2014-12-31 | $29.58 Million | -14.17% |
| 2013-12-31 | $34.47 Million | -2.99% |
| 2012-12-31 | $35.53 Million | +0.05% |
| 2011-12-31 | $35.51 Million | +26.78% |
| 2010-12-31 | $28.01 Million | +51.41% |
| 2009-12-31 | $18.50 Million | +6.13% |
| 2008-12-31 | $17.43 Million | -25.43% |
| 2007-12-31 | $23.38 Million | +151.91% |
| 2006-12-31 | $9.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Freegold Ventures Limited'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 4827005337.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $176.92 Million | 172.42% |
| Total Equity | $102.61 Million | 100.00% |
Freegold Ventures Limited Competitors by Market Cap
The table below lists competitors of Freegold Ventures Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Protalix Biotherapeutics Inc
NYSE MKT:PLX
|
$200.67 Million |
|
METALS EXPLOR. LS 00001
F:MJ4
|
$200.68 Million |
|
Profit Cultural & Creative Group Co Ltd
SHE:300640
|
$200.74 Million |
|
Zhejiang Shapuaisi Pharmaceutical Co Ltd
SHG:603168
|
$200.94 Million |
|
ON24 Inc
NYSE:ONTF
|
$200.59 Million |
|
Sinpas Gayrimenkul Yatirim Ortakligi AS
IS:SNGYO
|
$200.46 Million |
|
Zhejiang Jinsheng New Materials Co
SHE:300849
|
$200.37 Million |
|
Chengdu Screen Micro-Electronics Co. Ltd. A
SHG:688053
|
$200.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Freegold Ventures Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 89,703,120 to 102,609,559, a change of 12,906,439 (14.4%).
- Net loss of 1,089,507 reduced equity.
- New share issuances of 14,920,371 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.09 Million | -1.06% |
| Share Issuances | $14.92 Million | +14.54% |
| Other Changes | $-924.42K | -0.9% |
| Total Change | $- | 14.39% |
Book Value vs Market Value Analysis
This analysis compares Freegold Ventures Limited'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: 2.41x
- 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 |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.53 | x |
| 2016-12-31 | $0.00 | $0.53 | x |
| 2017-12-31 | $0.21 | $0.53 | x |
| 2018-12-31 | $0.20 | $0.53 | x |
| 2019-12-31 | $0.17 | $0.53 | x |
| 2020-12-31 | $0.22 | $0.53 | x |
| 2021-12-31 | $0.22 | $0.53 | x |
| 2022-12-31 | $0.21 | $0.53 | x |
| 2023-12-31 | $0.21 | $0.53 | x |
| 2024-12-31 | $0.22 | $0.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Freegold Ventures Limited 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): -1.06%
- 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: 1.01x
- Recent ROE (-1.06%) is above the historical average (-9.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -37.68% | 0.00% | 0.00x | 1.14x | $-4.42 Million |
| 2007 | -47.87% | 0.00% | 0.00x | 1.02x | $-13.53 Million |
| 2008 | -55.83% | 0.00% | 0.00x | 1.49x | $-11.47 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 1.31x | $-1.85 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 1.10x | $-2.80 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 1.05x | $-3.55 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 1.03x | $-3.55 Million |
| 2013 | -4.94% | 0.00% | 0.00x | 1.03x | $-5.15 Million |
| 2014 | -22.56% | 0.00% | 0.00x | 1.04x | $-9.63 Million |
| 2015 | -2.44% | 0.00% | 0.00x | 1.05x | $-3.80 Million |
| 2016 | -2.68% | 0.00% | 0.00x | 1.04x | $-4.43 Million |
| 2017 | -0.92% | 0.00% | 0.00x | 1.02x | $-4.02 Million |
| 2018 | -2.05% | 0.00% | 0.00x | 1.03x | $-4.47 Million |
| 2019 | -0.91% | 0.00% | 0.00x | 1.04x | $-4.17 Million |
| 2020 | -1.78% | 0.00% | 0.00x | 1.01x | $-8.62 Million |
| 2021 | -3.00% | 0.00% | 0.00x | 1.01x | $-9.56 Million |
| 2022 | -1.05% | 0.00% | 0.00x | 1.01x | $-8.45 Million |
| 2023 | -3.45% | 0.00% | 0.00x | 1.01x | $-12.07 Million |
| 2024 | -1.06% | 0.00% | 0.00x | 1.01x | $-11.35 Million |
Industry Comparison
This section compares Freegold Ventures Limited's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Freegold Ventures Limited (FGOVF) | $134.96 Million | -37.68% | 0.02x | $200.65 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |