Compass Gold Corporation
Compass Gold Corporation acquires, explores, and develops mineral properties in Mali. The company primarily explores for gold deposits. Its principal property is the Sikasso property that consists of 14 exploration permits covering an area of approximately 1,173 square kilometres located in Mali, West Africa. Compass Gold Corporation was incorporated in 2002 and is based in Toronto, Canada.
Compass Gold Corporation (COGDF) - Net Assets
Latest net assets as of September 2025: $16.15 Million USD
Based on the latest financial reports, Compass Gold Corporation (COGDF) has net assets worth $16.15 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 ($17.45 Million) and total liabilities ($1.31 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 | $16.15 Million |
| % of Total Assets | 92.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | -3.58% |
| 10-Year Change | N/A |
| Growth Volatility | 216.74 |
Compass Gold Corporation - Net Assets Trend (1999–2024)
This chart illustrates how Compass Gold Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Compass Gold Corporation (1999–2024)
The table below shows the annual net assets of Compass Gold Corporation from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $20.52 Million | -3.37% |
| 2023-12-31 | $21.24 Million | +0.61% |
| 2022-12-31 | $21.11 Million | -8.32% |
| 2021-12-31 | $23.03 Million | +8.18% |
| 2020-12-31 | $21.29 Million | +15.11% |
| 2019-12-31 | $18.49 Million | +117.71% |
| 2018-12-31 | $8.49 Million | -7.86% |
| 2017-12-31 | $9.22 Million | +68.18% |
| 2017-06-30 | $5.48 Million | +6338.15% |
| 2016-12-31 | $-87.87K | +97.39% |
| 2016-06-30 | $-3.37 Million | -8704.22% |
| 2015-12-31 | $-38.24K | -230.14% |
| 2014-12-31 | $29.38K | -71.36% |
| 2013-12-31 | $102.60K | -98.88% |
| 2012-12-31 | $9.12 Million | +3.77% |
| 2011-12-31 | $8.79 Million | +738.72% |
| 2010-12-31 | $1.05 Million | +1574.05% |
| 2009-12-31 | $-71.11K | +88.76% |
| 2008-12-31 | $-632.84K | -30.44% |
| 2007-12-31 | $-485.14K | -42.79% |
| 2006-12-31 | $-339.75K | -11.66% |
| 2005-12-31 | $-304.26K | +8.91% |
| 2004-12-31 | $-334.02K | -4.35% |
| 2003-12-31 | $-320.09K | -4.17% |
| 2002-12-31 | $-307.28K | -17.23% |
| 2001-12-31 | $-262.11K | -144.36% |
| 2000-12-31 | $-107.26K | -95.27% |
| 1999-12-31 | $-54.93K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Compass Gold Corporation'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 1923408600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $38.40 Million | 187.08% |
| Other Comprehensive Income | $2.56 Million | 12.49% |
| Other Components | $90.22K | 0.44% |
| Total Equity | $20.52 Million | 100.00% |
Compass Gold Corporation Competitors by Market Cap
The table below lists competitors of Compass Gold Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Isaac Engineering Co. Ltd.
KQ:351330
|
$13.45 Million |
|
Sumit Woods Limited
NSE:SUMIT
|
$13.45 Million |
|
Penpower Technology Ltd
TWO:5211
|
$13.45 Million |
|
Edelteq Holdings Berhad
KLSE:0278
|
$13.45 Million |
|
DAIHAN Scientific Co. Ltd
KQ:131220
|
$13.44 Million |
|
Li Kang Biomedical Co Ltd
TWO:6242
|
$13.44 Million |
|
ATOME ENERGY PLC LS-002
F:J6J
|
$13.44 Million |
|
Ossiam Lux - Ossiam Shiller Barclays CAPE US Sector Value Trust
F:USCP
|
$13.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Compass Gold Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,241,765 to 20,524,333, a change of -717,432 (-3.4%).
- Net loss of 759,000 reduced equity.
- Other comprehensive income decreased equity by 607,955.
- Other factors increased equity by 649,523.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-759.00K | -3.7% |
| Other Comprehensive Income | $-607.96K | -2.96% |
| Other Changes | $649.52K | +3.16% |
| Total Change | $- | -3.38% |
Book Value vs Market Value Analysis
This analysis compares Compass Gold Corporation'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: 0.61x
- 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 |
|---|---|---|---|
| 1999-12-31 | $-8.83 | $0.12 | x |
| 2000-12-31 | $-16.49 | $0.12 | x |
| 2001-12-31 | $-39.31 | $0.12 | x |
| 2002-12-31 | $-46.78 | $0.12 | x |
| 2003-12-31 | $-48.73 | $0.12 | x |
| 2004-12-31 | $-50.86 | $0.12 | x |
| 2005-12-31 | $-46.32 | $0.12 | x |
| 2006-12-31 | $-51.73 | $0.12 | x |
| 2007-12-31 | $-73.86 | $0.12 | x |
| 2008-12-31 | $-96.35 | $0.12 | x |
| 2009-12-31 | $-3.29 | $0.12 | x |
| 2010-12-31 | $9.09 | $0.12 | x |
| 2011-12-31 | $37.99 | $0.12 | x |
| 2012-12-31 | $14.77 | $0.12 | x |
| 2013-12-31 | $0.14 | $0.12 | x |
| 2014-12-31 | $0.04 | $0.12 | x |
| 2015-12-31 | $-0.05 | $0.12 | x |
| 2016-12-31 | $-0.12 | $0.12 | x |
| 2017-12-31 | $2.07 | $0.12 | x |
| 2018-12-31 | $0.29 | $0.12 | x |
| 2019-12-31 | $0.49 | $0.12 | x |
| 2020-12-31 | $0.39 | $0.12 | x |
| 2021-12-31 | $0.29 | $0.12 | x |
| 2022-12-31 | $0.23 | $0.12 | x |
| 2023-12-31 | $0.20 | $0.12 | x |
| 2024-12-31 | $0.20 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Compass Gold Corporation 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): -3.70%
- 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: 1.13x
- Recent ROE (-3.70%) is above the historical average (-218.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 0.00% | 0.00% | 0.00x | 0.00x | $-544.51K |
| 2000 | 0.00% | 0.00% | 0.00x | 0.00x | $-86.61K |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $-128.79K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.44K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $19.20K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $19.47K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $60.19K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.52K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-96.49K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-84.72K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-372.78K |
| 2010 | -78.71% | 0.00% | 0.00x | 1.26x | $-929.82K |
| 2011 | -15.57% | 0.00% | 0.00x | 1.10x | $-2.25 Million |
| 2012 | -19.84% | 0.00% | 0.00x | 1.11x | $-2.72 Million |
| 2013 | -5689.95% | 0.00% | 0.00x | 28.69x | $-5.85 Million |
| 2014 | -249.21% | 0.00% | 0.00x | 2.29x | $-76.16K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-78.67K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $336.40K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-55.94K |
| 2017 | -0.31% | 0.00% | 0.00x | 1.00x | $-565.32K |
| 2017 | -11.41% | 0.00% | 0.00x | 1.02x | $-1.97 Million |
| 2018 | -14.68% | 0.00% | 0.00x | 1.03x | $-2.10 Million |
| 2019 | -7.74% | 0.00% | 0.00x | 1.05x | $-3.28 Million |
| 2020 | -4.26% | 0.00% | 0.00x | 1.03x | $-3.03 Million |
| 2021 | -4.81% | 0.00% | 0.00x | 1.00x | $-3.41 Million |
| 2022 | -14.68% | 0.00% | 0.00x | 1.01x | $-5.21 Million |
| 2023 | -3.22% | 0.00% | 0.00x | 1.05x | $-2.81 Million |
| 2024 | -3.70% | 0.00% | 0.00x | 1.13x | $-2.81 Million |
Industry Comparison
This section compares Compass Gold Corporation'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 |
|---|---|---|---|---|
| Compass Gold Corporation (COGDF) | $16.15 Million | 0.00% | 0.08x | $13.44 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 |