GoGold Resources Inc.
GoGold Resources Inc. engages in the exploration, development, and production of silver, gold, and copper primarily in Mexico It owns the Los Ricos property, which includes Los Ricos South and Los Ricos North projects, that covers 45 concessions with an area of approximately 24,000 hectares situated in the Jalisco State, Mexico; and the Parral Tailings project located in the city of Parral. The c… Read more
GoGold Resources Inc. (GLGDF) - Net Assets
Latest net assets as of December 2025: $471.18 Million USD
Based on the latest financial reports, GoGold Resources Inc. (GLGDF) has net assets worth $471.18 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($516.03 Million) and total liabilities ($44.85 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 | $471.18 Million |
| % of Total Assets | 91.31% |
| Annual Growth Rate | 73.42% |
| 5-Year Change | 74.67% |
| 10-Year Change | 308.94% |
| Growth Volatility | 435.5 |
GoGold Resources Inc. - Net Assets Trend (2008–2025)
This chart illustrates how GoGold Resources 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 GoGold Resources Inc. (2008–2025)
The table below shows the annual net assets of GoGold Resources Inc. from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $360.27 Million | +26.63% |
| 2024-09-30 | $284.50 Million | +1.05% |
| 2023-09-30 | $281.56 Million | +17.15% |
| 2022-09-30 | $240.33 Million | +16.52% |
| 2021-09-30 | $206.26 Million | +20.74% |
| 2020-09-30 | $170.83 Million | +134.62% |
| 2019-09-30 | $72.81 Million | +23.55% |
| 2018-09-30 | $58.93 Million | -32.90% |
| 2017-09-30 | $87.83 Million | -0.31% |
| 2016-09-30 | $88.10 Million | -15.17% |
| 2015-09-30 | $103.86 Million | +6.52% |
| 2014-09-30 | $97.50 Million | +3.90% |
| 2013-09-30 | $93.84 Million | -3.16% |
| 2012-09-30 | $96.90 Million | +472.49% |
| 2011-09-30 | $16.93 Million | +1326.88% |
| 2010-09-30 | $1.19 Million | +156.20% |
| 2009-09-30 | $463.01K | +1390.50% |
| 2008-09-30 | $31.06K | -- |
Equity Component Analysis
This analysis shows how different components contribute to GoGold Resources 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 1545606400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $375.75 Million | 104.30% |
| Total Equity | $360.27 Million | 100.00% |
GoGold Resources Inc. Competitors by Market Cap
The table below lists competitors of GoGold Resources Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bloomin Brands Inc
NASDAQ:BLMN
|
$427.27 Million |
|
Concord New Energy Group Limited
PINK:CWPWF
|
$427.62 Million |
|
Pertamina Geothermal Energy
JK:PGEO
|
$427.74 Million |
|
Guangdong Kinlong Hardware Products Co Ltd
SHE:002791
|
$427.79 Million |
|
Beijing Chunlizhengda Medical Instruments Co Ltd
SHG:688236
|
$427.25 Million |
|
Puyang Huicheng Electronic Material Co Ltd
SHE:300481
|
$427.24 Million |
|
Mystate Ltd
AU:MYS
|
$427.20 Million |
|
SUNeVision Holdings Ltd
STU:VI6
|
$427.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GoGold Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 284,505,000 to 360,266,000, a change of 75,761,000 (26.6%).
- Net income of 17,331,000 contributed positively to equity growth.
- New share issuances of 57,294,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $17.33 Million | +4.81% |
| Share Issuances | $57.29 Million | +15.9% |
| Other Changes | $1.14 Million | +0.32% |
| Total Change | $- | 26.63% |
Book Value vs Market Value Analysis
This analysis compares GoGold Resources 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
- Current price-to-book ratio: 1.10x
- 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 |
|---|---|---|---|
| 2015-09-30 | $0.00 | $1.05 | x |
| 2016-09-30 | $0.00 | $1.05 | x |
| 2017-09-30 | $0.51 | $1.05 | x |
| 2018-09-30 | $0.34 | $1.05 | x |
| 2019-09-30 | $0.39 | $1.05 | x |
| 2020-09-30 | $0.65 | $1.05 | x |
| 2021-09-30 | $0.74 | $1.05 | x |
| 2022-09-30 | $0.81 | $1.05 | x |
| 2023-09-30 | $0.86 | $1.05 | x |
| 2024-09-30 | $0.86 | $1.05 | x |
| 2025-09-30 | $0.95 | $1.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GoGold Resources 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): 4.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.90%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.10x
- Recent ROE (4.81%) is above the historical average (-13.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -139.72% | 0.00% | 0.00x | 1.36x | $-46.51K |
| 2009 | -1.74% | 0.00% | 0.00x | 1.02x | $-54.35K |
| 2010 | -27.10% | 0.00% | 0.00x | 1.04x | $-440.12K |
| 2011 | -4.35% | 0.00% | 0.00x | 1.26x | $-2.43 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 1.01x | $-9.69 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 1.16x | $-9.38 Million |
| 2014 | -6.03% | 0.00% | 0.00x | 1.38x | $-15.63 Million |
| 2015 | -5.86% | -48.57% | 0.09x | 1.35x | $-16.47 Million |
| 2016 | -23.31% | -122.97% | 0.12x | 1.60x | $-29.35 Million |
| 2017 | -0.66% | -3.43% | 0.11x | 1.82x | $-9.37 Million |
| 2018 | -74.14% | -207.90% | 0.33x | 1.10x | $-49.59 Million |
| 2019 | 11.14% | 30.08% | 0.32x | 1.16x | $832.90K |
| 2020 | 25.26% | 109.10% | 0.22x | 1.07x | $26.07 Million |
| 2021 | 3.43% | 13.30% | 0.24x | 1.09x | $-13.55 Million |
| 2022 | 0.29% | 1.92% | 0.14x | 1.10x | $-23.34 Million |
| 2023 | -2.80% | -26.07% | 0.10x | 1.07x | $-36.05 Million |
| 2024 | 0.56% | 4.33% | 0.12x | 1.10x | $-26.87 Million |
| 2025 | 4.81% | 23.90% | 0.18x | 1.10x | $-18.70 Million |
Industry Comparison
This section compares GoGold Resources 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 |
|---|---|---|---|---|
| GoGold Resources Inc. (GLGDF) | $471.18 Million | -139.72% | 0.10x | $427.26 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 |