GSP Resource Corp
GSP Resource Corp. engages in the exploration of mineral properties in Canada. The company primarily explores for copper, gold, silver, molybdenum, and palladium deposits. It holds 100% interest in the Alwin project, as well as Mer claims of 185 hectares in the Highland Valley Copper Camp located in Logan Lake, British Columbia; and the Olivine Mountain project comprising 3021.87 hectares located… Read more
GSP Resource Corp (GSRCF) - Net Assets
Latest net assets as of November 2025: $3.65 Million USD
Based on the latest financial reports, GSP Resource Corp (GSRCF) has net assets worth $3.65 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.71 Million) and total liabilities ($54.53K). 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 | $3.65 Million |
| % of Total Assets | 98.53% |
| Annual Growth Rate | 41.94% |
| 5-Year Change | 81.51% |
| 10-Year Change | N/A |
| Growth Volatility | 52.86 |
GSP Resource Corp - Net Assets Trend (2018–2025)
This chart illustrates how GSP Resource 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 GSP Resource Corp (2018–2025)
The table below shows the annual net assets of GSP Resource Corp from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | $3.90 Million | +45.35% |
| 2024-05-31 | $2.68 Million | +20.70% |
| 2023-05-31 | $2.22 Million | -4.23% |
| 2022-05-31 | $2.32 Million | +8.03% |
| 2021-05-31 | $2.15 Million | +67.58% |
| 2020-05-31 | $1.28 Million | +43.13% |
| 2019-05-31 | $896.06K | +166.70% |
| 2018-05-31 | $335.98K | -- |
Equity Component Analysis
This analysis shows how different components contribute to GSP Resource 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 272589100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.74 Million | 147.10% |
| Other Comprehensive Income | $916.75K | 23.50% |
| Total Equity | $3.90 Million | 100.00% |
GSP Resource Corp Competitors by Market Cap
The table below lists competitors of GSP Resource Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xinda International Corp
PINK:XNDA
|
$1.25 Million |
|
Rex Industry Bhd
KLSE:9946
|
$1.25 Million |
|
Mawson Infrastructure Group Inc
NASDAQ:MIGI
|
$1.25 Million |
|
DAVITA HLTH CARE
MU:TRL
|
$1.25 Million |
|
Mantex AB
ST:MANTEX
|
$1.25 Million |
|
Northbaze Group AB
ST:NBZ
|
$1.25 Million |
|
Ion Energy Ltd
OTCQB:IONGF
|
$1.25 Million |
|
PROCTER&GAMBLE - Dusseldorf Stock Exchang
DU:PRG
|
$1.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GSP Resource Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,683,950 to 3,901,102, a change of 1,217,152 (45.3%).
- Net loss of 551,260 reduced equity.
- Other comprehensive income increased equity by 131,319.
- Other factors increased equity by 1,637,093.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-551.26K | -14.13% |
| Other Comprehensive Income | $131.32K | +3.37% |
| Other Changes | $1.64 Million | +41.96% |
| Total Change | $- | 45.35% |
Book Value vs Market Value Analysis
This analysis compares GSP Resource 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: 0.33x
- 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 1.11x to 0.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-05-31 | $0.03 | $0.04 | x |
| 2019-05-31 | $0.10 | $0.04 | x |
| 2020-05-31 | $0.11 | $0.04 | x |
| 2021-05-31 | $0.12 | $0.04 | x |
| 2022-05-31 | $0.11 | $0.04 | x |
| 2023-05-31 | $0.10 | $0.04 | x |
| 2024-05-31 | $0.10 | $0.04 | x |
| 2025-05-31 | $0.10 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GSP Resource 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): -14.13%
- 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: 1.01x
- Recent ROE (-14.13%) is above the historical average (-17.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -8.41% | 0.00% | 0.00x | 1.13x | $-61.87K |
| 2019 | -25.18% | 0.00% | 0.00x | 1.03x | $-315.19K |
| 2020 | -21.02% | 0.00% | 0.00x | 1.01x | $-397.84K |
| 2021 | -23.00% | 0.00% | 0.00x | 1.01x | $-709.26K |
| 2022 | -14.57% | 0.00% | 0.00x | 1.01x | $-570.42K |
| 2023 | -12.99% | 0.00% | 0.00x | 1.08x | $-511.31K |
| 2024 | -20.79% | 0.00% | 0.00x | 1.03x | $-826.35K |
| 2025 | -14.13% | 0.00% | 0.00x | 1.01x | $-941.37K |
Industry Comparison
This section compares GSP Resource Corp'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: $6,096,664,640
- Average return on equity (ROE) among peers: -99.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GSP Resource Corp (GSRCF) | $3.65 Million | -8.41% | 0.01x | $1.25 Million |
| AbraSilver Resource Corp (ABBRF) | $31.60 Million | -66.15% | 0.24x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $16.16 Million | -10.45% | 0.04x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $-4.24 Million | 0.00% | 0.00x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $-3.89 Million | 0.00% | 0.00x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $61.42 Million | -5.60% | 0.03x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $60.84 Billion | 30.40% | 0.71x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $35.76K | -837.39% | 54.55x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $5.23 Million | -32.59% | 0.20x | $14.55 Million |
| ALXPF (ALXPF) | $15.98 Million | -2.45% | 0.05x | $24.72 Million |