Patriot Gold Corp
Patriot Gold Corp., together with its subsidiaries, acquires, explores, and develops natural resource properties in the United States. It explores for gold and silver deposits. The company holds interests in the Vernal property that consists of 12 unpatented mining claims covering an area of approximately 248 acres located in Central Nevada; and the Windy Peak property, which includes 114 unpaten… Read more
Patriot Gold Corp (PGOL) - Net Assets
Latest net assets as of September 2025: $-1.44 Million USD
Based on the latest financial reports, Patriot Gold Corp (PGOL) has net assets worth $-1.44 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 ($162.22K) and total liabilities ($1.60 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 | $-1.44 Million |
| % of Total Assets | -884.83% |
| Annual Growth Rate | N/A |
| 5-Year Change | -105.99% |
| 10-Year Change | -250.79% |
| Growth Volatility | 186.3 |
Patriot Gold Corp - Net Assets Trend (2005–2024)
This chart illustrates how Patriot 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 Patriot Gold Corp (2005–2024)
The table below shows the annual net assets of Patriot Gold Corp from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-207.27K | -106.83% |
| 2023-12-31 | $3.03 Million | -23.94% |
| 2022-12-31 | $3.99 Million | +10.51% |
| 2021-12-31 | $3.61 Million | +4.40% |
| 2020-12-31 | $3.46 Million | +216.34% |
| 2019-12-31 | $1.09 Million | +64.32% |
| 2018-12-31 | $665.33K | -52.39% |
| 2017-12-31 | $1.40 Million | +202.34% |
| 2016-12-31 | $462.22K | +236.27% |
| 2015-12-31 | $137.46K | -79.79% |
| 2014-12-31 | $680.24K | +709.39% |
| 2013-12-31 | $84.04K | -55.57% |
| 2012-12-31 | $189.15K | -71.72% |
| 2011-12-31 | $668.83K | +12.49% |
| 2010-12-31 | $594.58K | -48.03% |
| 2009-12-31 | $1.14 Million | -37.08% |
| 2008-12-31 | $1.82 Million | -40.00% |
| 2007-12-31 | $3.03 Million | -8.14% |
| 2006-12-31 | $3.30 Million | -100.00% |
| 2005-12-31 | $3.53 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Patriot 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 grown by 2273659061756000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $60.35K | % |
| Other Comprehensive Income | $-14.68K | % |
| Other Components | $28.13 Million | % |
| Total Equity | $-207.27K | 100.00% |
Patriot Gold Corp Competitors by Market Cap
The table below lists competitors of Patriot Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Centogene N.V.
NASDAQ:CNTGF
|
$1.47 Million |
|
IPSEN (I7G.SG)
STU:I7G
|
$1.47 Million |
|
5AP
STU:5AP
|
$1.47 Million |
|
3M Co.
LSE:0QNY
|
$1.47 Million |
|
LIQUID META CAPITAL HLDGS
F:N5F
|
$1.47 Million |
|
ENZON PHARM (EZ1.SG)
STU:EZ1
|
$1.47 Million |
|
HANOVER INSURANCE
BE:AF4
|
$1.47 Million |
|
iWallet Corporation
PINK:IWAL
|
$1.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Patriot Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,034,976 to -207,270, a change of -3,242,246 (-106.8%).
- Net loss of 3,150,000 reduced equity.
- Share repurchases of 93,360 reduced equity.
- Other comprehensive income increased equity by 733.
- Other factors increased equity by 381.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.15 Million | -1519.76% |
| Share Repurchases | $93.36K | -45.04% |
| Other Comprehensive Income | $733.00 | +0.35% |
| Other Changes | $381.00 | +0.18% |
| Total Change | $- | -106.83% |
Book Value vs Market Value Analysis
This analysis compares Patriot 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 |
|---|---|---|---|
| 2005-12-31 | $120656.58 | $0.04 | x |
| 2006-12-31 | $0.12 | $0.04 | x |
| 2007-12-31 | $0.12 | $0.04 | x |
| 2008-12-31 | $0.07 | $0.04 | x |
| 2009-12-31 | $0.04 | $0.04 | x |
| 2010-12-31 | $0.02 | $0.04 | x |
| 2011-12-31 | $0.02 | $0.04 | x |
| 2012-12-31 | $0.01 | $0.04 | x |
| 2013-12-31 | $0.00 | $0.04 | x |
| 2014-12-31 | $0.02 | $0.04 | x |
| 2015-12-31 | $0.00 | $0.04 | x |
| 2016-12-31 | $0.01 | $0.04 | x |
| 2017-12-31 | $0.02 | $0.04 | x |
| 2018-12-31 | $0.01 | $0.04 | x |
| 2019-12-31 | $0.02 | $0.04 | x |
| 2020-12-31 | $0.05 | $0.04 | x |
| 2021-12-31 | $0.05 | $0.04 | x |
| 2022-12-31 | $0.05 | $0.04 | x |
| 2023-12-31 | $0.04 | $0.04 | x |
| 2024-12-31 | $0.00 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Patriot 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: -871.31%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-80.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.00x | 1.01x | $-353.27 Billion |
| 2006 | -8.79% | 0.00% | 0.00x | 1.00x | $-619.91K |
| 2007 | -9.73% | 0.00% | 0.00x | 1.00x | $-598.05K |
| 2008 | -66.60% | 0.00% | 0.00x | 1.18x | $-1.39 Million |
| 2009 | -58.83% | 0.00% | 0.00x | 1.06x | $-787.41K |
| 2010 | -92.33% | 0.00% | 0.00x | 1.05x | $-608.46K |
| 2011 | 11.10% | 0.00% | 0.00x | 1.02x | $7.38K |
| 2012 | -253.61% | 0.00% | 0.00x | 1.20x | $-498.60K |
| 2013 | -397.42% | 0.00% | 0.00x | 1.02x | $-342.40K |
| 2014 | -33.37% | 0.00% | 0.00x | 1.03x | $-295.02K |
| 2015 | -646.74% | 0.00% | 0.00x | 1.25x | $-902.75K |
| 2016 | -31.59% | 0.00% | 0.00x | 2.12x | $-192.22K |
| 2017 | 51.99% | 1562.49% | 0.03x | 1.02x | $586.87K |
| 2018 | -167.13% | -2391.19% | 0.06x | 1.08x | $-1.18 Million |
| 2019 | 21.92% | 18.29% | 0.99x | 1.21x | $130.34K |
| 2020 | 58.61% | 82.13% | 0.67x | 1.07x | $1.68 Million |
| 2021 | 4.22% | 8.77% | 0.46x | 1.05x | $-208.65K |
| 2022 | 15.58% | 34.80% | 0.42x | 1.06x | $222.49K |
| 2023 | 2.73% | 4.30% | 0.58x | 1.09x | $-220.52K |
| 2024 | 0.00% | -871.31% | 0.68x | 0.00x | $-3.13 Million |
Industry Comparison
This section compares Patriot 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 |
|---|---|---|---|---|
| Patriot Gold Corp (PGOL) | $-1.44 Million | 0.00% | N/A | $1.47 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 |