Goldgroup Mining Inc.
Goldgroup Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of gold-bearing mineral properties in Mexico and the Americas. It holds a 100% interest in the Cerro Prieto project comprising San Felix, San Francisco, Elba, Huerta de Oro, Reyna de Plata, Cerro Prieto North, and the Argonauta 6 mineral concessions located in the Cucurpe Mining Distric… Read more
Goldgroup Mining Inc. (GGAZF) - Net Assets
Latest net assets as of September 2025: $5.18 Million USD
Based on the latest financial reports, Goldgroup Mining Inc. (GGAZF) has net assets worth $5.18 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 ($47.72 Million) and total liabilities ($42.54 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 | $5.18 Million |
| % of Total Assets | 10.86% |
| Annual Growth Rate | N/A |
| 5-Year Change | -1302.01% |
| 10-Year Change | -213.99% |
| Growth Volatility | 209.91 |
Goldgroup Mining Inc. - Net Assets Trend (2000–2024)
This chart illustrates how Goldgroup Mining 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 Goldgroup Mining Inc. (2000–2024)
The table below shows the annual net assets of Goldgroup Mining Inc. from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-8.37 Million | -31.36% |
| 2023-12-31 | $-6.37 Million | -148.21% |
| 2022-12-31 | $-2.57 Million | -1116.11% |
| 2021-12-31 | $-211.00K | -130.32% |
| 2020-12-31 | $696.00K | -58.47% |
| 2019-12-31 | $1.68 Million | -69.74% |
| 2018-12-31 | $5.54 Million | -36.22% |
| 2017-12-31 | $8.69 Million | +5.94% |
| 2016-12-31 | $8.20 Million | +11.70% |
| 2015-12-31 | $7.34 Million | -78.91% |
| 2014-12-31 | $34.80 Million | -60.30% |
| 2013-12-31 | $87.66 Million | -5.20% |
| 2012-12-31 | $92.47 Million | -7.44% |
| 2011-12-31 | $99.90 Million | +54.36% |
| 2010-12-31 | $64.72 Million | +809.23% |
| 2009-12-31 | $7.12 Million | +197.43% |
| 2008-12-31 | $2.39 Million | -30.63% |
| 2007-12-31 | $3.45 Million | +87.92% |
| 2006-12-31 | $1.84 Million | +203.08% |
| 2004-12-31 | $605.72K | +71.96% |
| 2003-12-31 | $352.24K | +450.75% |
| 2002-12-31 | $-100.43K | -256.17% |
| 2001-12-31 | $64.31K | -67.61% |
| 2000-12-31 | $198.55K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Goldgroup Mining 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 14686472208.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $138.28 Million | % |
| Other Comprehensive Income | $8.66 Million | % |
| Other Components | $3.31 Million | % |
| Total Equity | $-8.37 Million | 100.00% |
Goldgroup Mining Inc. Competitors by Market Cap
The table below lists competitors of Goldgroup Mining Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ERNST RUSS AG NA O.N.
F:HXCK
|
$123.52 Million |
|
Sensortek Technology Corp
TWO:6732
|
$123.54 Million |
|
INFORMATION SVC GRP - Frankfurt Stock Exchang
F:ZZG
|
$123.55 Million |
|
Ingevec
SN:INGEVEC
|
$123.59 Million |
|
Adese Gayrimenkul Yatirim AS
IS:ADESE
|
$123.45 Million |
|
Midi Utama Indonesia Tbk
JK:MIDI
|
$123.40 Million |
|
Kwong Lung Enterprise Co Ltd
TWO:8916
|
$123.34 Million |
|
New Era Electronics Co Ltd
TWO:4909
|
$123.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goldgroup Mining Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -6,369,000 to -8,366,000, a change of -1,997,000.
- Net loss of 2,475,000 reduced equity.
- New share issuances of 700,000 increased equity.
- Other comprehensive income decreased equity by 3,099,504.
- Other factors increased equity by 2,877,504.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.48 Million | -29.58% |
| Share Issuances | $700.00K | +8.37% |
| Other Comprehensive Income | $-3.10 Million | -37.05% |
| Other Changes | $2.88 Million | +34.4% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Goldgroup Mining 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $2.27 | $0.60 | x |
| 2001-12-31 | $0.73 | $0.60 | x |
| 2002-12-31 | $-1.15 | $0.60 | x |
| 2003-12-31 | $2.50 | $0.60 | x |
| 2004-12-31 | $1.59 | $0.60 | x |
| 2006-12-31 | $0.87 | $0.60 | x |
| 2007-12-31 | $1.39 | $0.60 | x |
| 2008-12-31 | $0.96 | $0.60 | x |
| 2009-12-31 | $1.90 | $0.60 | x |
| 2010-12-31 | $7.88 | $0.60 | x |
| 2011-12-31 | $8.62 | $0.60 | x |
| 2012-12-31 | $7.10 | $0.60 | x |
| 2013-12-31 | $6.73 | $0.60 | x |
| 2014-12-31 | $2.49 | $0.60 | x |
| 2015-12-31 | $0.48 | $0.60 | x |
| 2016-12-31 | $0.45 | $0.60 | x |
| 2017-12-31 | $0.47 | $0.60 | x |
| 2018-12-31 | $0.30 | $0.60 | x |
| 2019-12-31 | $0.09 | $0.60 | x |
| 2020-12-31 | $0.04 | $0.60 | x |
| 2021-12-31 | $-0.01 | $0.60 | x |
| 2022-12-31 | $-0.12 | $0.60 | x |
| 2023-12-31 | $-0.14 | $0.60 | x |
| 2024-12-31 | $-0.10 | $0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goldgroup Mining 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.15%
- • Asset Turnover: 3.28x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-61.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -78.37% | 0.00% | 0.00x | 1.15x | $-175.45K |
| 2001 | -205.10% | -2514.42% | 0.05x | 1.63x | $-138.32K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-160.26K |
| 2003 | -90.03% | -1540120.35% | 0.00x | 1.25x | $-352.34K |
| 2004 | -34.96% | 0.00% | 0.00x | 1.33x | $-272.31K |
| 2006 | -32.75% | -17.15% | 0.53x | 3.64x | $-784.73K |
| 2007 | 19.39% | 5.25% | 1.30x | 2.84x | $323.92K |
| 2008 | -29.88% | -4.23% | 1.94x | 3.63x | $-954.26K |
| 2009 | 17.21% | 6.03% | 1.83x | 1.56x | $513.11K |
| 2010 | -13.68% | -52.46% | 0.22x | 1.18x | $-15.32 Million |
| 2011 | -16.98% | -54.33% | 0.29x | 1.09x | $-26.95 Million |
| 2012 | -10.82% | -29.90% | 0.32x | 1.13x | $-19.25 Million |
| 2013 | -7.96% | -27.27% | 0.24x | 1.20x | $-15.74 Million |
| 2014 | -163.74% | -1095.67% | 0.10x | 1.43x | $-60.45 Million |
| 2015 | -356.04% | 0.00% | 0.00x | 2.55x | $-26.86 Million |
| 2016 | -14.00% | -7.36% | 1.00x | 1.90x | $-1.97 Million |
| 2017 | 0.73% | 0.34% | 1.14x | 1.89x | $-805.50K |
| 2018 | -58.21% | -15.28% | 1.45x | 2.62x | $-3.78 Million |
| 2019 | -230.85% | -19.98% | 2.00x | 5.78x | $-4.04 Million |
| 2020 | -176.72% | -6.19% | 1.80x | 15.88x | $-1.30 Million |
| 2021 | 0.00% | -5.63% | 1.70x | 0.00x | $-1.02 Million |
| 2022 | 0.00% | -553.08% | 0.04x | 0.00x | $-2.80 Million |
| 2023 | 0.00% | -68.89% | 1.04x | 0.00x | $-6.11 Million |
| 2024 | 0.00% | -12.15% | 3.28x | 0.00x | $-1.64 Million |
Industry Comparison
This section compares Goldgroup Mining 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 |
|---|---|---|---|---|
| Goldgroup Mining Inc. (GGAZF) | $5.18 Million | -78.37% | 8.21x | $123.47 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 |