Go Metals Corp
Go Metals Corp. engages in the acquisition and exploration of mineral properties in Canada. The company explores for copper, cobalt, nickel, titanium, vanadium, gold, silver, uranium, and platinum group elements deposits. Its flagship projects are the HSP property that consists of 40 claims covering approximately an area of 2,000 hectares and 98 properties located in north of Havre-Saint Pierre, … Read more
Go Metals Corp (GOCOF) - Net Assets
Latest net assets as of October 2025: $409.56K USD
Based on the latest financial reports, Go Metals Corp (GOCOF) has net assets worth $409.56K USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($471.94K) and total liabilities ($62.38K). 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 | $409.56K |
| % of Total Assets | 86.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | 49.07% |
| 10-Year Change | N/A |
| Growth Volatility | 171.9 |
Go Metals Corp - Net Assets Trend (2013–2025)
This chart illustrates how Go Metals 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 Go Metals Corp (2013–2025)
The table below shows the annual net assets of Go Metals Corp from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | $531.57K | -43.42% |
| 2024-07-31 | $939.52K | -40.59% |
| 2023-07-31 | $1.58 Million | -11.01% |
| 2022-07-31 | $1.78 Million | +398.34% |
| 2021-07-31 | $356.60K | +245.75% |
| 2020-07-31 | $103.14K | -85.29% |
| 2019-07-31 | $701.35K | -44.36% |
| 2018-07-31 | $1.26 Million | +3504.62% |
| 2017-07-31 | $-37.02K | +75.76% |
| 2016-07-31 | $-152.73K | +7.97% |
| 2015-07-31 | $-165.94K | -104.09% |
| 2014-07-31 | $-81.31K | +3.33% |
| 2013-07-31 | $-84.11K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Go Metals 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 1004458400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.48 Million | 1594.70% |
| Other Components | $2.27 Million | 427.78% |
| Total Equity | $531.57K | 100.00% |
Go Metals Corp Competitors by Market Cap
The table below lists competitors of Go Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ASSYSTEM (BZ1.SG)
STU:BZ1
|
$400.03K |
|
SODEXO - Dusseldorf Stock Exchang
DU:SJ7
|
$400.30K |
|
TOKYO GAS - Dusseldorf Stock Exchang
DU:TOG
|
$400.48K |
|
CDN NATURAL RES
MU:CRC
|
$400.56K |
|
Levinski Ofer
TA:LEOF
|
$399.80K |
|
DEVON ENERGY
BE:DY6
|
$398.82K |
|
Orad-M
TA:ORAD
|
$398.74K |
|
Vanadian Energy Corp
PINK:URCFF
|
$398.58K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Go Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 939,522 to 531,572, a change of -407,950 (-43.4%).
- Net loss of 292,314 reduced equity.
- Other factors decreased equity by 115,636.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-292.31K | -54.99% |
| Other Changes | $-115.64K | -21.75% |
| Total Change | $- | -43.42% |
Book Value vs Market Value Analysis
This analysis compares Go Metals 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: 1.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-07-31 | $-0.51 | $0.02 | x |
| 2014-07-31 | $-0.38 | $0.02 | x |
| 2015-07-31 | $-0.23 | $0.02 | x |
| 2016-07-31 | $-0.11 | $0.02 | x |
| 2017-07-31 | $-0.03 | $0.02 | x |
| 2018-07-31 | $0.43 | $0.02 | x |
| 2019-07-31 | $0.17 | $0.02 | x |
| 2020-07-31 | $0.02 | $0.02 | x |
| 2021-07-31 | $0.07 | $0.02 | x |
| 2022-07-31 | $0.16 | $0.02 | x |
| 2023-07-31 | $0.07 | $0.02 | x |
| 2024-07-31 | $0.04 | $0.02 | x |
| 2025-07-31 | $0.02 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Go Metals 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): -54.99%
- 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: 1.08x
- Recent ROE (-54.99%) is above the historical average (-110.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-67.45K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-486.87K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-458.41K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-227.73K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $211.17K |
| 2018 | -72.43% | 0.00% | 0.00x | 1.15x | $-1.04 Million |
| 2019 | -118.94% | 0.00% | 0.00x | 1.13x | $-904.35K |
| 2020 | -589.59% | 0.00% | 0.00x | 2.87x | $-618.40K |
| 2021 | -301.66% | 0.00% | 0.00x | 1.83x | $-1.11 Million |
| 2022 | -36.14% | 0.00% | 0.00x | 1.24x | $-819.87K |
| 2023 | -178.50% | 0.00% | 0.00x | 1.68x | $-2.98 Million |
| 2024 | -86.75% | 0.00% | 0.00x | 1.11x | $-908.95K |
| 2025 | -54.99% | 0.00% | 0.00x | 1.08x | $-345.47K |
Industry Comparison
This section compares Go Metals Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Go Metals Corp (GOCOF) | $409.56K | 0.00% | 0.15x | $399.91K |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |