DRYGF
Dryden Gold Corp. operates as a junior exploration company, engages in the acquisition, development, exploration, and evaluation of natural resource projects in Canada. It primarily explores for gold. The company hold interest in the Gold Rock Camp project; the Lower Manitou project; and the Tremblay project located in Canada. Dryden Gold Corp. was incorporated in 2021 and is based in Vancouver, … Read more
DRYGF (DRYGF) - Net Assets
Latest net assets as of September 2025: $14.13 Million USD
Based on the latest financial reports, DRYGF (DRYGF) has net assets worth $14.13 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 ($16.55 Million) and total liabilities ($2.42 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 | $14.13 Million |
| % of Total Assets | 85.38% |
| Annual Growth Rate | 128.08% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 63.39 |
DRYGF - Net Assets Trend (2022–2024)
This chart illustrates how DRYGF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DRYGF (2022–2024)
The table below shows the annual net assets of DRYGF from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $12.04 Million | +73.46% |
| 2023-12-31 | $6.94 Million | +200.23% |
| 2022-12-31 | $2.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DRYGF'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 750472200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $19.83 Million | 164.69% |
| Total Equity | $12.04 Million | 100.00% |
DRYGF Competitors by Market Cap
The table below lists competitors of DRYGF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHEUNG KONG (HLDGS)
BE:CHE
|
$806.63 |
|
Apna Microfinance Bank Ltd
KAR:AMBL
|
$807.92 |
|
Troy Minerals Inc.
OTCQB:TROYF
|
$808.97 |
|
Emperor Metals Inc.
OTCQB:EMAUF
|
$809.63 |
|
STANBIC IBTC HOLDINGS PLC
XNSA:STANBIC
|
$806.04 |
|
BEAU VALLON HOSPITAL LTD
SEM:SCT
|
$805.23 |
|
House of Investments Inc
PSE:HI
|
$804.22 |
|
Tritent International Agriculture Inc
PINK:UNMK
|
$804.17 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DRYGF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,941,883 to 12,041,242, a change of 5,099,359 (73.5%).
- Net loss of 3,734,862 reduced equity.
- New share issuances of 8,134,653 increased equity.
- Other factors increased equity by 699,568.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.73 Million | -31.02% |
| Share Issuances | $8.13 Million | +67.56% |
| Other Changes | $699.57K | +5.81% |
| Total Change | $- | 73.46% |
Book Value vs Market Value Analysis
This analysis compares DRYGF'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: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.05x to 1.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $0.03 | $0.09 | x |
| 2023-12-31 | $0.08 | $0.09 | x |
| 2024-12-31 | $0.08 | $0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DRYGF 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): -31.02%
- 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: 1.17x
- Recent ROE (-31.02%) is above the historical average (-32.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -12.22% | 0.00% | 0.00x | 1.01x | $-513.66K |
| 2023 | -54.31% | 0.00% | 0.00x | 1.15x | $-4.46 Million |
| 2024 | -31.02% | 0.00% | 0.00x | 1.17x | $-4.94 Million |
Industry Comparison
This section compares DRYGF'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 |
|---|---|---|---|---|
| DRYGF (DRYGF) | $14.13 Million | -12.22% | 0.17x | $806.08 |
| 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 |