Highway 50 Gold Corp
Highway 50 Gold Corp. engages in the acquisition, exploration, and evaluation of assets in Canada and the United States. The company explores for gold deposits. It holds interest in the Gold Knob project that consist of 589 unpatented claims located in Winnemucca, Nevada. The company was formerly known as Tatmar Ventures Inc. and changed its name to Highway 50 Gold Corp. in July 2011. Highway 50 … Read more
Highway 50 Gold Corp (HGGCF) - Net Assets
Latest net assets as of September 2025: $4.71 Million USD
Based on the latest financial reports, Highway 50 Gold Corp (HGGCF) has net assets worth $4.71 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 ($5.38 Million) and total liabilities ($665.68K). 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 | $4.71 Million |
| % of Total Assets | 87.63% |
| Annual Growth Rate | -8.21% |
| 5-Year Change | -73.46% |
| 10-Year Change | -80.91% |
| Growth Volatility | 46.1 |
Highway 50 Gold Corp - Net Assets Trend (2013–2024)
This chart illustrates how Highway 50 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 Highway 50 Gold Corp (2013–2024)
The table below shows the annual net assets of Highway 50 Gold Corp from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $724.91K | -14.08% |
| 2023-12-31 | $843.72K | -80.87% |
| 2022-12-31 | $4.41 Million | +34.50% |
| 2021-12-31 | $3.28 Million | +20.03% |
| 2020-12-31 | $2.73 Million | -25.96% |
| 2019-12-31 | $3.69 Million | +16.75% |
| 2018-12-31 | $3.16 Million | -17.94% |
| 2017-12-31 | $3.85 Million | +12.04% |
| 2016-12-31 | $3.44 Million | -9.49% |
| 2015-12-31 | $3.80 Million | -5.94% |
| 2014-12-31 | $4.04 Million | +117.00% |
| 2013-12-31 | $1.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Highway 50 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 1046286300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.49 Million | 1446.80% |
| Other Components | $2.93 Million | 404.44% |
| Total Equity | $724.91K | 100.00% |
Highway 50 Gold Corp Competitors by Market Cap
The table below lists competitors of Highway 50 Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First High-School Education Group Co Ltd
PINK:FHSEY
|
$1.86 Million |
|
Premier African Minerals Limited
PINK:PRMMF
|
$1.86 Million |
|
TAKE-TWO INTERACT - Dusseldorf Stock Exchang
DU:TKE
|
$1.86 Million |
|
Stuve Gold Corp
V:STUV
|
$1.86 Million |
|
Amfin Financial Corp
PINK:AFNL
|
$1.85 Million |
|
CopperEx Resources Corporation
V:CUEX
|
$1.85 Million |
|
Digistar Corporation Bhd
KLSE:0029
|
$1.85 Million |
|
Pila Pharma AB
ST:PILA
|
$1.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Highway 50 Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 843,723 to 724,907, a change of -118,816 (-14.1%).
- Net loss of 843 reduced equity.
- Other comprehensive income decreased equity by 2,355,608.
- Other factors increased equity by 2,237,635.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-843.00 | -0.12% |
| Other Comprehensive Income | $-2.36 Million | -324.95% |
| Other Changes | $2.24 Million | +308.68% |
| Total Change | $- | -14.08% |
Book Value vs Market Value Analysis
This analysis compares Highway 50 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: 3.49x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.86x to 3.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.13 | $0.11 | x |
| 2018-12-31 | $0.09 | $0.11 | x |
| 2019-12-31 | $0.08 | $0.11 | x |
| 2020-12-31 | $0.07 | $0.11 | x |
| 2021-12-31 | $0.08 | $0.11 | x |
| 2022-12-31 | $0.11 | $0.11 | x |
| 2023-12-31 | $0.02 | $0.11 | x |
| 2024-12-31 | $0.03 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Highway 50 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): -0.12%
- 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: 1.86x
- Recent ROE (-0.12%) is above the historical average (-58.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -12.63% | 0.00% | 0.00x | 1.21x | $-421.03K |
| 2014 | -12.60% | 0.00% | 0.00x | 1.04x | $-912.58K |
| 2015 | -13.59% | 0.00% | 0.00x | 1.00x | $-895.87K |
| 2016 | -16.39% | 0.00% | 0.00x | 1.00x | $-907.26K |
| 2017 | -11.80% | 0.00% | 0.00x | 1.04x | $-839.47K |
| 2018 | -67.03% | 0.00% | 0.00x | 1.15x | $-2.43 Million |
| 2019 | -16.71% | 0.00% | 0.00x | 1.26x | $-787.74K |
| 2020 | -35.41% | 0.00% | 0.00x | 1.51x | $-1.24 Million |
| 2021 | -24.53% | 0.00% | 0.00x | 1.54x | $-1.13 Million |
| 2022 | 25.63% | 0.00% | 0.00x | 1.10x | $689.22K |
| 2023 | -512.52% | 0.00% | 0.00x | 1.48x | $-4.41 Million |
| 2024 | -0.12% | 0.00% | 0.00x | 1.86x | $-73.33K |
Industry Comparison
This section compares Highway 50 Gold 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 |
|---|---|---|---|---|
| Highway 50 Gold Corp (HGGCF) | $4.71 Million | -12.63% | 0.14x | $1.85 Million |
| 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 |