Golden Harp Resources Inc
Golden Harp Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for gold and base metals. The company holds an interest in the Copper Hill project in the prolific Abitibi Greenstone Belt in Northern Ontario. Golden Harp Resources Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.
Golden Harp Resources Inc (GLHRF) - Net Assets
Latest net assets as of September 2025: $-128.88K USD
Based on the latest financial reports, Golden Harp Resources Inc (GLHRF) has net assets worth $-128.88K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($85.91K) and total liabilities ($214.79K). 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 | $-128.88K |
| % of Total Assets | -150.01% |
| Annual Growth Rate | N/A |
| 5-Year Change | -108.98% |
| 10-Year Change | -1076.08% |
| Growth Volatility | 308.35 |
Golden Harp Resources Inc - Net Assets Trend (2007–2025)
This chart illustrates how Golden Harp Resources 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 Golden Harp Resources Inc (2007–2025)
The table below shows the annual net assets of Golden Harp Resources Inc from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $-112.42K | +74.27% |
| 2024-06-30 | $-437.00K | -44.17% |
| 2023-06-30 | $-303.10K | -67.43% |
| 2022-06-30 | $-181.03K | -114.46% |
| 2021-06-30 | $1.25 Million | -9.31% |
| 2020-06-30 | $1.38 Million | +84.19% |
| 2019-06-30 | $749.43K | +376.00% |
| 2018-06-30 | $-271.54K | -121.58% |
| 2017-06-30 | $-122.54K | -1163.93% |
| 2016-06-30 | $11.52K | -84.26% |
| 2015-06-30 | $73.17K | -61.68% |
| 2014-06-30 | $190.95K | -75.54% |
| 2013-06-30 | $780.69K | -81.00% |
| 2012-06-30 | $4.11 Million | -13.10% |
| 2011-06-30 | $4.73 Million | -4.97% |
| 2010-06-30 | $4.97 Million | -7.37% |
| 2009-06-30 | $5.37 Million | -8.10% |
| 2008-06-30 | $5.84 Million | +66.66% |
| 2007-06-30 | $3.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Golden Harp Resources 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 974034900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.96 Million | % |
| Other Comprehensive Income | $907.94K | % |
| Other Components | $47.54K | % |
| Total Equity | $-82.52K | 100.00% |
Golden Harp Resources Inc Competitors by Market Cap
The table below lists competitors of Golden Harp Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Golden Pharos Bhd
KLSE:5649
|
$1.66 Million |
|
Enterprise Metals Ltd
AU:ENT
|
$1.66 Million |
|
NANOMETRICS INC
MU:NNM
|
$1.66 Million |
|
SWISS BREAK GRP N
BE:4SB
|
$1.66 Million |
|
Norden Crown Metals Corp
PINK:NOCRF
|
$1.66 Million |
|
StableX Technologies, Inc.
NASDAQ:SBLX
|
$1.66 Million |
|
CIMENTS DU MAROC
BC:CIMENTS-DU-MAROC
|
$1.66 Million |
|
CleanTech Vanadium Mining Corp
OTCQB:CTVFF
|
$1.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Harp Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -437,000 to -82,518, a change of 354,482.
- Net income of 165,324 contributed positively to equity growth.
- New share issuances of 178,500 increased equity.
- Other comprehensive income increased equity by 907,940.
- Other factors decreased equity by 897,282.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $165.32K | +200.35% |
| Share Issuances | $178.50K | +216.32% |
| Other Comprehensive Income | $907.94K | +1100.29% |
| Other Changes | $-897.28K | -1087.38% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Golden Harp Resources 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 |
|---|---|---|---|
| 2007-06-30 | $2.70 | $0.10 | x |
| 2008-06-30 | $3.13 | $0.10 | x |
| 2009-06-30 | $2.18 | $0.10 | x |
| 2010-06-30 | $2.02 | $0.10 | x |
| 2011-06-30 | $1.92 | $0.10 | x |
| 2012-06-30 | $1.66 | $0.10 | x |
| 2013-06-30 | $0.32 | $0.10 | x |
| 2014-06-30 | $0.08 | $0.10 | x |
| 2015-06-30 | $0.03 | $0.10 | x |
| 2016-06-30 | $0.00 | $0.10 | x |
| 2017-06-30 | $-0.04 | $0.10 | x |
| 2018-06-30 | $-0.08 | $0.10 | x |
| 2019-06-30 | $0.05 | $0.10 | x |
| 2020-06-30 | $0.05 | $0.10 | x |
| 2021-06-30 | $0.04 | $0.10 | x |
| 2022-06-30 | $-0.01 | $0.10 | x |
| 2023-06-30 | $-0.01 | $0.10 | x |
| 2024-06-30 | $-0.01 | $0.10 | x |
| 2025-06-30 | $0.00 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Harp Resources 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-111.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -7.42% | 0.00% | 0.00x | 1.07x | $-610.63K |
| 2008 | -11.43% | 0.00% | 0.00x | 1.01x | $-1.25 Million |
| 2009 | -6.42% | 0.00% | 0.00x | 1.01x | $-882.06K |
| 2010 | -12.16% | 0.00% | 0.00x | 1.00x | $-1.10 Million |
| 2011 | -10.30% | 0.00% | 0.00x | 1.00x | $-959.75K |
| 2012 | -5.40% | 0.00% | 0.00x | 1.00x | $-632.82K |
| 2013 | -468.17% | 0.00% | 0.00x | 1.02x | $-3.73 Million |
| 2014 | -308.98% | 0.00% | 0.00x | 1.60x | $-609.09K |
| 2015 | -153.13% | 0.00% | 0.00x | 4.07x | $-119.36K |
| 2016 | -1067.89% | 0.00% | 0.00x | 26.83x | $-124.15K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-110.94K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-121.84K |
| 2019 | -44.14% | 0.00% | 0.00x | 1.06x | $-405.78K |
| 2020 | -9.75% | 0.00% | 0.00x | 1.08x | $-272.62K |
| 2021 | -10.26% | 0.00% | 0.00x | 1.15x | $-253.65K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.41 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-91.69K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-90.30K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $173.58K |
Industry Comparison
This section compares Golden Harp Resources Inc'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 |
|---|---|---|---|---|
| Golden Harp Resources Inc (GLHRF) | $-128.88K | -7.42% | N/A | $1.66 Million |
| 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 |