Magellan Gold Corp
Magellan Copper and Gold Corp., an exploration stage company, acquisition and exploration of mineral resources in the Western United States. It explores for gold, precious metals, and copper deposits. Magellan Copper and Gold Corp. was formerly known as Magellan Copper and Gold Inc. and changed its name to Magellan Copper and Gold Corp. in April 2025. The company was incorporated in 2010 and is h… Read more
Magellan Gold Corp (MAGE) - Net Assets
Latest net assets as of September 2025: $-2.01 Million USD
Based on the latest financial reports, Magellan Gold Corp (MAGE) has net assets worth $-2.01 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 ($106.01K) and total liabilities ($2.11 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 | $-2.01 Million |
| % of Total Assets | -1891.91% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Magellan Gold Corp - Net Assets Trend (2010–2024)
This chart illustrates how Magellan 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 Magellan Gold Corp (2010–2024)
The table below shows the annual net assets of Magellan Gold Corp from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.88 Million | -11.71% |
| 2023-12-31 | $-1.68 Million | -12.48% |
| 2022-12-31 | $-1.50 Million | -462.57% |
| 2021-12-31 | $-266.24K | +26.68% |
| 2020-12-31 | $-363.09K | +68.73% |
| 2019-12-31 | $-1.16 Million | +53.58% |
| 2018-12-31 | $-2.50 Million | -100.43% |
| 2017-12-31 | $-1.25 Million | -24.74% |
| 2016-12-31 | $-1.00 Million | -16.17% |
| 2015-12-31 | $-861.20K | -37.48% |
| 2014-12-31 | $-626.42K | -89.37% |
| 2013-12-31 | $-330.79K | -181.79% |
| 2012-12-31 | $-117.39K | -86.63% |
| 2011-12-31 | $-62.90K | -185.47% |
| 2010-12-31 | $73.59K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Magellan 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 2175468200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $26.16K | % |
| Other Components | $19.86 Million | % |
| Total Equity | $-1.88 Million | 100.00% |
Magellan Gold Corp Competitors by Market Cap
The table below lists competitors of Magellan Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Woodbois Limited
PINK:WODBF
|
$3.05 Million |
|
Zonte Metals Inc
PINK:EREPF
|
$3.05 Million |
|
INVINCIBLE INVESTM.CORP.
F:8JF
|
$3.05 Million |
|
Enova Mining Ltd
AU:ENV
|
$3.05 Million |
|
APPLIED MATERIALS
MU:AP2
|
$3.05 Million |
|
Taiwan Green Environment Technology Inc.
TWO:5205
|
$3.05 Million |
|
City Steel Public Company Limited
BK:CITY
|
$3.05 Million |
|
Altshuler Shaham Financial LTD
TA:ALTF
|
$3.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Magellan Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,684,671 to -1,881,883, a change of -197,212.
- Net loss of 769,810 reduced equity.
- Other factors increased equity by 572,598.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-769.81K | -40.91% |
| Other Changes | $572.60K | +30.43% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Magellan 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $-0.10 | $0.24 | x |
| 2012-12-31 | $-0.13 | $0.24 | x |
| 2013-12-31 | $-0.34 | $0.24 | x |
| 2014-12-31 | $-0.64 | $0.24 | x |
| 2015-12-31 | $-0.92 | $0.24 | x |
| 2016-12-31 | $-0.88 | $0.24 | x |
| 2017-12-31 | $-0.85 | $0.24 | x |
| 2018-12-31 | $-1.05 | $0.24 | x |
| 2019-12-31 | $-0.33 | $0.24 | x |
| 2020-12-31 | $-0.07 | $0.24 | x |
| 2021-12-31 | $-0.03 | $0.24 | x |
| 2022-12-31 | $-0.12 | $0.24 | x |
| 2023-12-31 | $-0.09 | $0.24 | x |
| 2024-12-31 | $-0.08 | $0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Magellan 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): 0.00%
- 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 below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-130.20K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-428.95K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-180.32K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-232.99K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-184.39K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-452.78K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.01 Million |
| 2018 | 0.00% | -1867.07% | 0.08x | 0.00x | $-2.06 Million |
| 2019 | 0.00% | -15802.46% | 0.02x | 0.00x | $-5.02 Million |
| 2020 | 0.00% | 0.00% | -0.03x | 0.00x | $-3.68 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.26 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.41 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.30 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-581.62K |
Industry Comparison
This section compares Magellan Gold Corp'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 |
|---|---|---|---|---|
| Magellan Gold Corp (MAGE) | $-2.01 Million | 0.00% | N/A | $3.05 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 |