Tudor Gold Corp
Tudor Gold Corp. engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, copper, silver, and other precious and base metals. Its flagship project is the Treaty Creek property covering approximately an area of 17,918 hectares located in the Golden Triangle area to the north of Stewart, British Columbia. The company was founded in 2015 an… Read more
Tudor Gold Corp (TDRRF) - Net Assets
Latest net assets as of September 2025: $214.52 Million USD
Based on the latest financial reports, Tudor Gold Corp (TDRRF) has net assets worth $214.52 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 ($231.33 Million) and total liabilities ($16.81 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 | $214.52 Million |
| % of Total Assets | 92.73% |
| Annual Growth Rate | 56.03% |
| 5-Year Change | 107.9% |
| 10-Year Change | N/A |
| Growth Volatility | 444.07 |
Tudor Gold Corp - Net Assets Trend (2011–2025)
This chart illustrates how Tudor 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 Tudor Gold Corp (2011–2025)
The table below shows the annual net assets of Tudor Gold Corp from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $115.55 Million | +0.37% |
| 2024-03-31 | $115.12 Million | +20.70% |
| 2023-03-31 | $95.38 Million | +2.15% |
| 2022-03-31 | $93.37 Million | +67.99% |
| 2021-03-31 | $55.58 Million | +71.53% |
| 2020-03-31 | $32.40 Million | +75.43% |
| 2019-03-31 | $18.47 Million | +34.34% |
| 2018-03-31 | $13.75 Million | +12.46% |
| 2017-03-31 | $12.23 Million | +14587.54% |
| 2016-03-31 | $-84.39K | -405.16% |
| 2015-03-31 | $27.66K | +1577.08% |
| 2014-03-31 | $1.65K | -96.38% |
| 2013-03-31 | $45.55K | -49.43% |
| 2012-03-31 | $90.07K | -60.47% |
| 2011-03-31 | $227.85K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tudor 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 5393640000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $141.94 Million | 122.83% |
| Other Comprehensive Income | $27.62 Million | 23.91% |
| Total Equity | $115.55 Million | 100.00% |
Tudor Gold Corp Competitors by Market Cap
The table below lists competitors of Tudor Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tharimmune Inc.
NASDAQ:THAR
|
$114.15 Million |
|
63 moons technologies limited
NSE:63MOONS
|
$114.18 Million |
|
Golconda Gold Ltd.
V:GG
|
$114.24 Million |
|
Zhejiang Sanfer Electric Co. Ltd
SHG:605336
|
$114.28 Million |
|
Jinsanjiang (Zhaoqing) Silicon Material Company Limited
SHE:301059
|
$114.13 Million |
|
SNP Schneider-Neureither & Partner SE
XETRA:SHF
|
$114.09 Million |
|
Hume Industries Berhad
KLSE:5000
|
$114.04 Million |
|
Venus Medtech (Hangzhou) Inc
PINK:VMTHF
|
$114.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tudor Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 115,122,138 to 115,552,653, a change of 430,515 (0.4%).
- Net loss of 6,259,398 reduced equity.
- Other comprehensive income increased equity by 3,540,766.
- Other factors increased equity by 3,149,147.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.26 Million | -5.42% |
| Other Comprehensive Income | $3.54 Million | +3.06% |
| Other Changes | $3.15 Million | +2.73% |
| Total Change | $- | 0.37% |
Book Value vs Market Value Analysis
This analysis compares Tudor 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: 0.83x
- 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 decreased from 1.63x to 0.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-03-31 | $0.25 | $0.41 | x |
| 2012-03-31 | $0.08 | $0.41 | x |
| 2013-03-31 | $0.03 | $0.41 | x |
| 2014-03-31 | $0.00 | $0.41 | x |
| 2015-03-31 | $0.01 | $0.41 | x |
| 2016-03-31 | $-0.03 | $0.41 | x |
| 2017-03-31 | $0.21 | $0.41 | x |
| 2018-03-31 | $0.17 | $0.41 | x |
| 2019-03-31 | $0.20 | $0.41 | x |
| 2020-03-31 | $0.25 | $0.41 | x |
| 2021-03-31 | $0.34 | $0.41 | x |
| 2022-03-31 | $0.51 | $0.41 | x |
| 2023-03-31 | $0.48 | $0.41 | x |
| 2024-03-31 | $0.52 | $0.41 | x |
| 2025-03-31 | $0.50 | $0.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tudor 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): -5.42%
- 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: 1.12x
- Recent ROE (-5.42%) is above the historical average (-214.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -31.02% | 0.00% | 0.00x | 1.05x | $-93.46K |
| 2012 | -152.96% | 0.00% | 0.00x | 1.18x | $-146.78K |
| 2013 | -119.71% | 0.00% | 0.00x | 1.19x | $-59.08K |
| 2014 | -2662.22% | 0.00% | 0.00x | 6.06x | $-44.06K |
| 2015 | -133.77% | 0.00% | 0.00x | 1.27x | $-39.76K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-104.39K |
| 2017 | -11.30% | 0.00% | 0.00x | 1.01x | $-2.60 Million |
| 2018 | -26.83% | 0.00% | 0.00x | 1.27x | $-5.06 Million |
| 2019 | -18.94% | 0.00% | 0.00x | 1.13x | $-5.35 Million |
| 2020 | -10.40% | 0.00% | 0.00x | 1.01x | $-6.61 Million |
| 2021 | -21.86% | 0.00% | 0.00x | 1.06x | $-17.71 Million |
| 2022 | -11.86% | 0.00% | 0.00x | 1.07x | $-20.41 Million |
| 2023 | -4.61% | 0.00% | 0.00x | 1.11x | $-13.93 Million |
| 2024 | -6.72% | 0.00% | 0.00x | 1.12x | $-19.25 Million |
| 2025 | -5.42% | 0.00% | 0.00x | 1.12x | $-17.81 Million |
Industry Comparison
This section compares Tudor 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 |
|---|---|---|---|---|
| Tudor Gold Corp (TDRRF) | $214.52 Million | -31.02% | 0.08x | $114.15 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 |