FenixOro Gold Corp
FenixOro Gold Corp. engages in the evaluation, acquisition, and exploration of natural resource properties in Colombia and Canada. The company also explores for gold, silver, copper, lead, and zinc ores. Its flagship property is the Abriaqui project that comprise three mining claims and an application covering an area of approximately 546.57 hectares located in Antioquia State, Colombia. The comp… Read more
FenixOro Gold Corp (FDVXF) - Net Assets
Latest net assets as of November 2022: $8.33 Million USD
Based on the latest financial reports, FenixOro Gold Corp (FDVXF) has net assets worth $8.33 Million USD as of November 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.64 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 | $8.33 Million |
| % of Total Assets | 86.42% |
| Annual Growth Rate | 163.75% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 181.16 |
FenixOro Gold Corp - Net Assets Trend (2018–2022)
This chart illustrates how FenixOro 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 FenixOro Gold Corp (2018–2022)
The table below shows the annual net assets of FenixOro Gold Corp from 2018 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-02-28 | $7.73 Million | -5.69% |
| 2021-02-28 | $8.20 Million | +431.93% |
| 2020-02-29 | $1.54 Million | +369.68% |
| 2019-02-28 | $328.03K | +105.39% |
| 2018-02-28 | $159.71K | -- |
Equity Component Analysis
This analysis shows how different components contribute to FenixOro 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 decreased by 1128497200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $16.68 Million | 215.84% |
| Other Comprehensive Income | $188.78K | 2.44% |
| Other Components | $2.34 Million | 30.26% |
| Total Equity | $7.73 Million | 100.00% |
FenixOro Gold Corp Competitors by Market Cap
The table below lists competitors of FenixOro Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bri-Chem Corp
OTCQB:BRYFF
|
$4.32 Million |
|
Gelteq Limited Ordinary Shares
NASDAQ:GELS
|
$4.32 Million |
|
Innovotech Inc
V:IOT
|
$4.32 Million |
|
Tambourah Metals Ltd
AU:TMB
|
$4.32 Million |
|
The Tinley Beverage Company Inc
OTCQB:TNYBF
|
$4.31 Million |
|
Avillion Bhd
KLSE:8885
|
$4.31 Million |
|
Resintech Bhd
KLSE:7232
|
$4.31 Million |
|
VERTEX PHARMACEUTIC - Dusseldorf Stock Exchang
DU:VX1
|
$4.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FenixOro Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 8,195,372 to 7,729,033, a change of -466,339 (-5.7%).
- Net loss of 4,258,317 reduced equity.
- New share issuances of 2,357,500 increased equity.
- Other comprehensive income increased equity by 81,834.
- Other factors increased equity by 1,352,644.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.26 Million | -55.1% |
| Share Issuances | $2.36 Million | +30.5% |
| Other Comprehensive Income | $81.83K | +1.06% |
| Other Changes | $1.35 Million | +17.5% |
| Total Change | $- | -5.69% |
Book Value vs Market Value Analysis
This analysis compares FenixOro 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
- Current price-to-book ratio: 0.44x
- 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.
- The price-to-book ratio has decreased from 4.11x to 0.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-02-28 | $0.01 | $0.04 | x |
| 2019-02-28 | $0.02 | $0.04 | x |
| 2020-02-29 | $0.06 | $0.04 | x |
| 2021-02-28 | $0.13 | $0.04 | x |
| 2022-02-28 | $0.09 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FenixOro 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): -55.10%
- 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: 1.12x
- Recent ROE (-55.10%) is above the historical average (-104.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -122.50% | 0.00% | 0.00x | 1.09x | $-211.62K |
| 2019 | -160.03% | 0.00% | 0.00x | 1.15x | $-557.74K |
| 2020 | -129.60% | 0.00% | 0.00x | 1.06x | $-2.15 Million |
| 2021 | -54.97% | 0.00% | 0.00x | 1.14x | $-5.32 Million |
| 2022 | -55.10% | 0.00% | 0.00x | 1.12x | $-5.03 Million |
Industry Comparison
This section compares FenixOro Gold Corp'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 |
|---|---|---|---|---|
| FenixOro Gold Corp (FDVXF) | $8.33 Million | -122.50% | 0.16x | $4.31 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 |