Trillium Gold Mines Inc
Renegade Gold Inc. engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. It explores for gold and copper deposits. The company's flagship project is the 100% owned Newman Todd Project located to the Red Lake District. The company was formerly known as Trillium Gold Mines Inc. and changed its name to Re… Read more
Trillium Gold Mines Inc (TGLDF) - Net Assets
Latest net assets as of September 2025: $11.33 Million USD
Based on the latest financial reports, Trillium Gold Mines Inc (TGLDF) has net assets worth $11.33 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 ($14.39 Million) and total liabilities ($3.06 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 | $11.33 Million |
| % of Total Assets | 78.73% |
| Annual Growth Rate | N/A |
| 5-Year Change | -20.86% |
| 10-Year Change | N/A |
| Growth Volatility | 176.83 |
Trillium Gold Mines Inc - Net Assets Trend (2017–2025)
This chart illustrates how Trillium Gold Mines 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 Trillium Gold Mines Inc (2017–2025)
The table below shows the annual net assets of Trillium Gold Mines Inc from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $11.81 Million | -22.36% |
| 2024-06-30 | $15.21 Million | -3.34% |
| 2023-06-30 | $15.73 Million | +39.85% |
| 2022-06-30 | $11.25 Million | -24.59% |
| 2021-06-30 | $14.92 Million | +175.88% |
| 2020-06-30 | $5.41 Million | +509.95% |
| 2019-06-30 | $886.51K | +150.21% |
| 2018-06-30 | $354.31K | +773.25% |
| 2017-06-30 | $-52.63K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trillium Gold Mines 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 4914298100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $85.46 Million | 723.87% |
| Total Equity | $11.81 Million | 100.00% |
Trillium Gold Mines Inc Competitors by Market Cap
The table below lists competitors of Trillium Gold Mines Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Verena Multi Finance Tbk
JK:VRNA
|
$1.97 Million |
|
RESMED
MU:RME
|
$1.97 Million |
|
Versus Systems Inc
NASDAQ:VS
|
$1.97 Million |
|
ASSURANT
BE:ZAS
|
$1.97 Million |
|
Birks Group Inc
NYSE MKT:BGI
|
$1.97 Million |
|
GHST World Inc
PINK:GHST
|
$1.97 Million |
|
KALA BIO, Inc.
LSE:0JQ2
|
$1.97 Million |
|
Monumental Minerals Corp
OTCQB:MNMRF
|
$1.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trillium Gold Mines Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,206,127 to 11,805,844, a change of -3,400,283 (-22.4%).
- Net loss of 5,240,170 reduced equity.
- New share issuances of 1,070,309 increased equity.
- Other factors increased equity by 769,578.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.24 Million | -44.39% |
| Share Issuances | $1.07 Million | +9.07% |
| Other Changes | $769.58K | +6.52% |
| Total Change | $- | -22.36% |
Book Value vs Market Value Analysis
This analysis compares Trillium Gold Mines 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: 0.15x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | $-0.01 | $0.10 | x |
| 2018-06-30 | $0.05 | $0.10 | x |
| 2019-06-30 | $0.10 | $0.10 | x |
| 2020-06-30 | $0.26 | $0.10 | x |
| 2021-06-30 | $0.36 | $0.10 | x |
| 2022-06-30 | $0.19 | $0.10 | x |
| 2023-06-30 | $1.05 | $0.10 | x |
| 2024-06-30 | $0.34 | $0.10 | x |
| 2025-06-30 | $0.67 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trillium Gold Mines 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): -44.39%
- 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: 1.22x
- Recent ROE (-44.39%) is above the historical average (-85.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.30 Million |
| 2018 | -338.93% | 0.00% | 0.00x | 1.83x | $-1.24 Million |
| 2019 | -56.72% | 0.00% | 0.00x | 1.76x | $-591.45K |
| 2020 | -29.72% | 0.00% | 0.00x | 1.16x | $-2.15 Million |
| 2021 | -78.49% | 0.00% | 0.00x | 1.13x | $-13.20 Million |
| 2022 | -115.93% | 0.00% | 0.00x | 1.20x | $-14.17 Million |
| 2023 | -50.60% | 0.00% | 0.00x | 1.25x | $-9.53 Million |
| 2024 | -55.72% | 0.00% | 0.00x | 1.30x | $-9.99 Million |
| 2025 | -44.39% | 0.00% | 0.00x | 1.22x | $-6.42 Million |
Industry Comparison
This section compares Trillium Gold Mines Inc'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 |
|---|---|---|---|---|
| Trillium Gold Mines Inc (TGLDF) | $11.33 Million | 0.00% | 0.27x | $1.97 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 |