Brightrock Gold Corp
North America Lithium Corp. operates as a lithium exploration company. Its flagship project is Revival of the Midnight Owl Mine located approximately 13 miles east of Wickenburg, Arizona. The company was formerly known as BrightRock Gold Corp. and changed its name to North America Lithium Corp. in August 2025. North America Lithium Corp. is based in Gurnee, Illinois.
Brightrock Gold Corp (BRGC) - Net Assets
Latest net assets as of June 2024: $-271.09K USD
Based on the latest financial reports, Brightrock Gold Corp (BRGC) has net assets worth $-271.09K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($448.60K) and total liabilities ($719.68K). 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 | $-271.09K |
| % of Total Assets | -60.43% |
| Annual Growth Rate | N/A |
| 5-Year Change | -196.64% |
| 10-Year Change | -119.04% |
| Growth Volatility | 252.18 |
Brightrock Gold Corp - Net Assets Trend (1999–2023)
This chart illustrates how Brightrock 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 Brightrock Gold Corp (1999–2023)
The table below shows the annual net assets of Brightrock Gold Corp from 1999 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-212.10K | -810.99% |
| 2022-12-31 | $29.83K | -62.28% |
| 2021-12-31 | $79.09K | -48.23% |
| 2020-12-31 | $152.79K | -30.39% |
| 2019-12-31 | $219.49K | -23.31% |
| 2018-12-31 | $286.18K | -34.45% |
| 2017-12-31 | $436.59K | -80.67% |
| 2012-12-31 | $2.26 Million | +100.47% |
| 2010-12-31 | $1.13 Million | +1.11% |
| 2009-12-31 | $1.11 Million | +262.47% |
| 2008-12-31 | $307.39K | -89.34% |
| 1999-12-31 | $2.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brightrock 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 grown by 171688300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $33.46K | % |
| Other Components | $3.76 Million | % |
| Total Equity | $-212.10K | 100.00% |
Brightrock Gold Corp Competitors by Market Cap
The table below lists competitors of Brightrock Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KOMPLETT ASA NK -40
F:GJ60
|
$30.80 Million |
|
TIME FINANCE LS -0006818
F:B5D1
|
$30.81 Million |
|
Klotho Neurosciences, Inc.
NASDAQ:KLTO
|
$30.81 Million |
|
Samick Music I
KO:002450
|
$30.81 Million |
|
Julien's International Entertainment Group
TWO:6595
|
$30.80 Million |
|
Omaxe Limited
NSE:OMAXE
|
$30.80 Million |
|
Rodex Fasteners
TWO:5015
|
$30.79 Million |
|
Lee Feed Mill Public Company Limited
BK:LEE
|
$30.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brightrock Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 29,832 to -212,103, a change of -241,935 (-811.0%).
- Net loss of 1,800 reduced equity.
- Other comprehensive income decreased equity by 2,177,871.
- Other factors increased equity by 1,937,736.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.80K | -0.85% |
| Other Comprehensive Income | $-2.18 Million | -1026.8% |
| Other Changes | $1.94 Million | +913.58% |
| Total Change | $- | -810.99% |
Book Value vs Market Value Analysis
This analysis compares Brightrock 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $0.01 | $0.09 | x |
| 2012-12-31 | $0.01 | $0.09 | x |
| 2017-12-31 | $0.00 | $0.09 | x |
| 2018-12-31 | $0.00 | $0.09 | x |
| 2019-12-31 | $0.00 | $0.09 | x |
| 2020-12-31 | $0.00 | $0.09 | x |
| 2021-12-31 | $0.00 | $0.09 | x |
| 2022-12-31 | $0.00 | $0.09 | x |
| 2023-12-31 | $0.00 | $0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brightrock 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-54.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -125.15% | -530.71% | 0.17x | 1.43x | $-3.90 Million |
| 2008 | 43.89% | 13.93% | 1.79x | 1.76x | $104.17K |
| 2009 | 32.26% | 19.52% | 1.31x | 1.26x | $248.01K |
| 2010 | 15.11% | 20.91% | 0.54x | 1.35x | $57.55K |
| 2012 | -3.49% | -8.30% | 0.41x | 1.01x | $-304.66K |
| 2017 | -15.28% | 0.00% | 0.00x | 1.44x | $-110.36K |
| 2018 | -23.31% | 0.00% | 0.00x | 1.70x | $-95.31K |
| 2019 | -30.39% | 0.00% | 0.00x | 1.96x | $-88.64K |
| 2020 | -43.65% | 0.00% | 0.00x | 2.45x | $-81.97K |
| 2021 | -93.18% | 0.00% | 0.00x | 4.02x | $-81.61K |
| 2022 | -409.75% | 0.00% | 0.00x | 11.30x | $-125.22K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $19.41K |
Industry Comparison
This section compares Brightrock Gold Corp'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 |
|---|---|---|---|---|
| Brightrock Gold Corp (BRGC) | $-271.09K | -125.15% | N/A | $30.80 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 |