MX Gold Corp
MX Gold Corp. does not have significant operations. Previously, the company was engaged in the mining business. The company was formerly known as Discovery Ventures Inc. and changed its name to MX Gold Corp. in June 2016. MX Gold Corp. was incorporated in 1999 and is headquartered in Winnipeg, Canada.
MX Gold Corp (MXLGF) - Net Assets
Latest net assets as of September 2025: $-1.34 Million USD
Based on the latest financial reports, MX Gold Corp (MXLGF) has net assets worth $-1.34 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 ($30.52K) and total liabilities ($1.37 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 | $-1.34 Million |
| % of Total Assets | -4395.64% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -117.03% |
| Growth Volatility | 106.16 |
MX Gold Corp - Net Assets Trend (2008–2024)
This chart illustrates how MX 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 MX Gold Corp (2008–2024)
The table below shows the annual net assets of MX Gold Corp from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.31 Million | -11.95% |
| 2023-12-31 | $-1.17 Million | -18.00% |
| 2022-12-31 | $-989.66K | +34.12% |
| 2021-12-31 | $-1.50 Million | +7.45% |
| 2020-12-31 | $-1.62 Million | -21.56% |
| 2019-12-31 | $-1.34 Million | -404.33% |
| 2018-12-31 | $-264.78K | -101.75% |
| 2017-12-31 | $15.12 Million | +11.27% |
| 2016-12-31 | $13.59 Million | +76.97% |
| 2015-12-31 | $7.68 Million | +30.57% |
| 2014-12-31 | $5.88 Million | +53.94% |
| 2013-12-31 | $3.82 Million | +5.73% |
| 2012-12-31 | $3.61 Million | +233.48% |
| 2011-12-31 | $1.08 Million | -28.17% |
| 2010-12-31 | $1.51 Million | +86.44% |
| 2009-12-31 | $808.91K | +263.88% |
| 2008-12-31 | $222.30K | -- |
Equity Component Analysis
This analysis shows how different components contribute to MX 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 4405006500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $38.99 Million | % |
| Other Components | $3.98 Million | % |
| Total Equity | $-1.31 Million | 100.00% |
MX Gold Corp Competitors by Market Cap
The table below lists competitors of MX Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MAKEMYTRIP
BE:MY1
|
$661.89K |
|
CROCS (C7N.SG)
STU:C7N
|
$662.63K |
|
NEXUS (NXU.SG)
STU:NXU
|
$662.63K |
|
AMNODE AB O.N.
F:Z9F0
|
$662.95K |
|
BUSHVELD MINERALS LS-01
F:23U
|
$661.16K |
|
Aisix Solutions Inc.
OTCQB:AISXF
|
$660.69K |
|
ENBW ENERGIE B-W
MU:EBK
|
$660.52K |
|
NSTAR Electric Company PFD 4.25%
PINK:NSARP
|
$660.32K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MX Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,167,764 to -1,307,336, a change of -139,572.
- Net loss of 139,572 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-139.57K | -10.68% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares MX 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 |
|---|---|---|---|
| 2013-12-31 | $2.17 | $0.03 | x |
| 2014-12-31 | $2.15 | $0.03 | x |
| 2015-12-31 | $1.99 | $0.03 | x |
| 2016-12-31 | $2.13 | $0.03 | x |
| 2017-12-31 | $1.43 | $0.03 | x |
| 2018-12-31 | $-0.02 | $0.03 | x |
| 2019-12-31 | $-0.09 | $0.03 | x |
| 2020-12-31 | $-0.11 | $0.03 | x |
| 2021-12-31 | $-0.08 | $0.03 | x |
| 2022-12-31 | $-0.06 | $0.03 | x |
| 2023-12-31 | $-0.05 | $0.03 | x |
| 2024-12-31 | $-0.05 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MX 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 above the historical average (-18.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.00% | 0.00x | 1.01x | $-361.24K |
| 2013 | -35.43% | 0.00% | 0.00x | 1.02x | $-1.74 Million |
| 2014 | -45.88% | 0.00% | 0.00x | 1.05x | $-3.29 Million |
| 2015 | -41.77% | 0.00% | 0.00x | 1.66x | $-3.97 Million |
| 2016 | -37.89% | 0.00% | 0.00x | 1.34x | $-6.51 Million |
| 2017 | -75.60% | 0.00% | 0.00x | 1.27x | $-12.94 Million |
| 2018 | 0.00% | -5027.60% | 0.08x | 0.00x | $-16.13 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-937.03K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-125.55K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $271.21K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $123.44K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-61.32K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.84K |
Industry Comparison
This section compares MX Gold Corp's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $131,214,049
- Average return on equity (ROE) among peers: -2225.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MX Gold Corp (MXLGF) | $-1.34 Million | 0.00% | N/A | $661.22K |
| Armada Mercantile Ltd (AAMTF) | $-177.83K | 0.00% | 0.00x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.25 Billion | 17.41% | 1.10x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-853.22K | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $-4.83 Million | 0.00% | 0.00x | $199.05 Million |
| Abits Group Inc. (ABTS) | $11.31 Million | -111.43% | 0.09x | $4.44 Million |
| Argentex Group PLC (AGXTF) | $28.70 Million | 20.56% | 2.22x | $4.51 Million |
| Sphere 3D Corp (ANY) | $1.37 Million | -6.53% | 0.28x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $158.00K | -22172.78% | 479.63x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $28.26 Million | -5.07% | 0.10x | $1.38 Million |