Galleon Gold Corp
Galleon Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for gold, silver, and associated base and precious metals. Its flagship project is the West Cache Gold project that consists of a mining lease, 18 patented mining claims, and two mining licenses of occupation covering an area of approxim… Read more
Galleon Gold Corp (PNCKF) - Net Assets
Latest net assets as of August 2025: $26.80 Million USD
Based on the latest financial reports, Galleon Gold Corp (PNCKF) has net assets worth $26.80 Million USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($47.17 Million) and total liabilities ($20.37 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 | $26.80 Million |
| % of Total Assets | 56.82% |
| Annual Growth Rate | 6.35% |
| 5-Year Change | 18.38% |
| 10-Year Change | 961.44% |
| Growth Volatility | 78.88 |
Galleon Gold Corp - Net Assets Trend (1998–2024)
This chart illustrates how Galleon 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 Galleon Gold Corp (1998–2024)
The table below shows the annual net assets of Galleon Gold Corp from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | $23.15 Million | -5.60% |
| 2023-11-30 | $24.52 Million | +4.42% |
| 2022-11-30 | $23.48 Million | +14.01% |
| 2021-11-30 | $20.60 Million | +5.35% |
| 2020-11-30 | $19.55 Million | +5170.03% |
| 2019-11-30 | $-385.63K | +4.95% |
| 2018-11-30 | $-405.71K | -230.75% |
| 2017-11-30 | $310.31K | +71.21% |
| 2016-11-30 | $181.25K | -91.69% |
| 2015-11-30 | $2.18 Million | -92.79% |
| 2014-11-30 | $30.23 Million | -22.63% |
| 2013-11-30 | $39.08 Million | +0.92% |
| 2012-11-30 | $38.72 Million | -6.35% |
| 2011-11-30 | $41.34 Million | -2.63% |
| 2010-11-30 | $42.46 Million | -4.47% |
| 2009-11-30 | $44.45 Million | -4.48% |
| 2008-11-30 | $46.53 Million | -4.47% |
| 2007-11-30 | $48.71 Million | +255.48% |
| 2006-11-30 | $13.70 Million | +25.48% |
| 2005-11-30 | $10.92 Million | -6.21% |
| 2004-11-30 | $11.64 Million | +6.31% |
| 2003-11-30 | $10.95 Million | +38.04% |
| 2002-11-30 | $7.93 Million | +62.76% |
| 2001-11-30 | $4.87 Million | -24.69% |
| 2000-11-30 | $6.47 Million | +4.00% |
| 1999-11-30 | $6.22 Million | +33.35% |
| 1998-11-30 | $4.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Galleon 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 5617605800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $79.54 Million | 343.66% |
| Other Comprehensive Income | $1.45 Million | 6.26% |
| Other Components | $3.36 Million | 14.54% |
| Total Equity | $23.15 Million | 100.00% |
Galleon Gold Corp Competitors by Market Cap
The table below lists competitors of Galleon Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Talius Group Ltd.
AU:TAL
|
$9.18 Million |
|
20/20 Biolabs, Inc. Common Stock
NASDAQ:AIDX
|
$9.18 Million |
|
Inventus Mining Corp
OTCGREY:GNGXF
|
$9.18 Million |
|
XF9
F:XF9
|
$9.19 Million |
|
Snipp Interactive Inc
PINK:SNIPF
|
$9.17 Million |
|
Aaron Industries Limited
NSE:AARON
|
$9.17 Million |
|
Dcon Products Public Company Limited
BK:DCON
|
$9.17 Million |
|
oodash Group AB (publ)
ST:OODA
|
$9.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Galleon Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,520,228 to 23,146,228, a change of -1,374,000 (-5.6%).
- Net loss of 3,183,000 reduced equity.
- New share issuances of 266,928 increased equity.
- Other comprehensive income increased equity by 5,075.
- Other factors increased equity by 1,536,997.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.18 Million | -13.75% |
| Share Issuances | $266.93K | +1.15% |
| Other Comprehensive Income | $5.08K | +0.02% |
| Other Changes | $1.54 Million | +6.64% |
| Total Change | $- | -5.60% |
Book Value vs Market Value Analysis
This analysis compares Galleon 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: 0.49x
- 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 increased from 0.01x to 0.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-11-30 | $12.10 | $0.17 | x |
| 1999-11-30 | $11.94 | $0.17 | x |
| 2000-11-30 | $11.19 | $0.17 | x |
| 2001-11-30 | $7.99 | $0.17 | x |
| 2002-11-30 | $10.29 | $0.17 | x |
| 2003-11-30 | $11.25 | $0.17 | x |
| 2004-11-30 | $8.61 | $0.17 | x |
| 2005-11-30 | $7.18 | $0.17 | x |
| 2006-11-30 | $8.13 | $0.17 | x |
| 2007-11-30 | $11.16 | $0.17 | x |
| 2008-11-30 | $6.87 | $0.17 | x |
| 2009-11-30 | $6.56 | $0.17 | x |
| 2010-11-30 | $6.26 | $0.17 | x |
| 2011-11-30 | $6.10 | $0.17 | x |
| 2012-11-30 | $5.69 | $0.17 | x |
| 2013-11-30 | $5.73 | $0.17 | x |
| 2014-11-30 | $4.44 | $0.17 | x |
| 2015-11-30 | $0.32 | $0.17 | x |
| 2016-11-30 | $0.03 | $0.17 | x |
| 2017-11-30 | $0.05 | $0.17 | x |
| 2018-11-30 | $-0.06 | $0.17 | x |
| 2019-11-30 | $-0.05 | $0.17 | x |
| 2020-11-30 | $0.81 | $0.17 | x |
| 2021-11-30 | $0.44 | $0.17 | x |
| 2022-11-30 | $0.45 | $0.17 | x |
| 2023-11-30 | $0.39 | $0.17 | x |
| 2024-11-30 | $0.35 | $0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Galleon 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): -13.75%
- 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: 1.38x
- Recent ROE (-13.75%) is above the historical average (-107.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -35.71% | 0.00% | 0.00x | 1.32x | $-2.13 Million |
| 1999 | -1.88% | 0.00% | 0.00x | 1.09x | $-739.43K |
| 2000 | -0.77% | -5015100.00% | 0.00x | 1.10x | $-697.48K |
| 2001 | -46.12% | 0.00% | 0.00x | 1.15x | $-2.74 Million |
| 2002 | -3.39% | 0.00% | 0.00x | 1.15x | $-1.06 Million |
| 2003 | -3.47% | 0.00% | 0.00x | 1.10x | $-1.48 Million |
| 2004 | -9.35% | 0.00% | 0.00x | 1.08x | $-2.25 Million |
| 2005 | -10.54% | 0.00% | 0.00x | 1.01x | $-2.24 Million |
| 2006 | 23.84% | 0.00% | 0.00x | 1.02x | $1.90 Million |
| 2007 | -15.86% | 0.00% | 0.00x | 1.01x | $-12.60 Million |
| 2008 | -5.23% | 0.00% | 0.00x | 1.01x | $-7.09 Million |
| 2009 | -3.17% | 0.00% | 0.00x | 1.01x | $-5.86 Million |
| 2010 | -5.44% | 0.00% | 0.00x | 1.01x | $-6.56 Million |
| 2011 | -3.20% | 0.00% | 0.00x | 1.00x | $-5.46 Million |
| 2012 | -3.42% | 0.00% | 0.00x | 1.01x | $-5.20 Million |
| 2013 | -41.41% | 0.00% | 0.00x | 1.00x | $-20.09 Million |
| 2014 | -4.15% | 0.00% | 0.00x | 1.00x | $-4.28 Million |
| 2015 | -1316.26% | -2870.30% | 0.42x | 1.10x | $-28.92 Million |
| 2016 | -1380.98% | 0.00% | 0.00x | 1.93x | $-2.52 Million |
| 2017 | 34.55% | 0.00% | 0.00x | 3.78x | $76.19K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-694.05K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.29 Million |
| 2020 | -36.20% | 0.00% | 0.00x | 1.29x | $-9.03 Million |
| 2021 | -1.67% | 0.00% | 0.00x | 1.18x | $-2.40 Million |
| 2022 | -4.14% | 0.00% | 0.00x | 1.15x | $-3.32 Million |
| 2023 | -5.12% | 0.00% | 0.00x | 1.23x | $-3.71 Million |
| 2024 | -13.75% | 0.00% | 0.00x | 1.38x | $-5.50 Million |
Industry Comparison
This section compares Galleon 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 |
|---|---|---|---|---|
| Galleon Gold Corp (PNCKF) | $26.80 Million | -35.71% | 0.76x | $9.17 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 |