Thunder Gold Corp.
Thunder Gold Corp., a junior exploration company, engages in the acquisition, exploration, and development of mining properties in Canada. The company's flagship property includes the Tower Mountain gold project that consists of 189 single cell mining claims, 24 boundary claims, and 6 owned patents covering an area of approximately 3,096.3 hectares located in west of Thunder Bay, Ontario. The com… Read more
Thunder Gold Corp. (TGOLF) - Net Assets
Latest net assets as of October 2025: $10.41 Million USD
Based on the latest financial reports, Thunder Gold Corp. (TGOLF) has net assets worth $10.41 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.71 Million) and total liabilities ($300.15K). 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 | $10.41 Million |
| % of Total Assets | 97.2% |
| Annual Growth Rate | 58.06% |
| 5-Year Change | 45.69% |
| 10-Year Change | N/A |
| Growth Volatility | 117.85 |
Thunder Gold Corp. - Net Assets Trend (2019–2025)
This chart illustrates how Thunder 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 Thunder Gold Corp. (2019–2025)
The table below shows the annual net assets of Thunder Gold Corp. from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $8.88 Million | +17.38% |
| 2024-04-30 | $7.56 Million | -14.95% |
| 2023-04-30 | $8.89 Million | +23.33% |
| 2022-04-30 | $7.21 Million | +18.33% |
| 2021-04-30 | $6.09 Million | +321.07% |
| 2020-04-30 | $1.45 Million | +154.30% |
| 2019-04-30 | $568.92K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thunder 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 311484500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $14.18 Million | 159.74% |
| Total Equity | $8.88 Million | 100.00% |
Thunder Gold Corp. Competitors by Market Cap
The table below lists competitors of Thunder Gold Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Flexion Mobile PLC
ST:FLEXM
|
$8.27 Million |
|
Brand Concepts Limited
NSE:BCONCEPTS
|
$8.27 Million |
|
LEXIBOOK LING. 050
F:LXB
|
$8.27 Million |
|
LL Lucky Games publ AB
ST:LADYLU
|
$8.27 Million |
|
PGF Polska Grupa Fotowoltaiczna SA
WAR:PGV
|
$8.27 Million |
|
Aquarius Engines (A.M) Ltd
PINK:AQUEF
|
$8.27 Million |
|
Century City International Holdings Limited
F:CQA2
|
$8.27 Million |
|
Urbanfund Corp
V:UFC
|
$8.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thunder Gold Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,561,391 to 8,875,434, a change of 1,314,043 (17.4%).
- Net loss of 1,152,395 reduced equity.
- New share issuances of 2,250,000 increased equity.
- Other factors increased equity by 216,438.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.15 Million | -12.98% |
| Share Issuances | $2.25 Million | +25.35% |
| Other Changes | $216.44K | +2.44% |
| Total Change | $- | 17.38% |
Book Value vs Market Value Analysis
This analysis compares Thunder 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: 1.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.31x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-04-30 | $0.01 | $0.04 | x |
| 2020-04-30 | $0.02 | $0.04 | x |
| 2021-04-30 | $0.05 | $0.04 | x |
| 2022-04-30 | $0.05 | $0.04 | x |
| 2023-04-30 | $0.05 | $0.04 | x |
| 2024-04-30 | $0.04 | $0.04 | x |
| 2025-04-30 | $0.04 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thunder 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): -12.98%
- 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: 1.00x
- Recent ROE (-12.98%) is above the historical average (-31.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -163.53% | 0.00% | 0.00x | 1.17x | $-987.25K |
| 2020 | -27.81% | 0.00% | 0.00x | 1.04x | $-535.50K |
| 2021 | 10.80% | 0.00% | 0.00x | 1.03x | $48.37K |
| 2022 | -14.88% | 0.00% | 0.00x | 1.03x | $-1.79 Million |
| 2023 | -5.21% | 0.00% | 0.00x | 1.10x | $-1.35 Million |
| 2024 | -9.14% | 0.00% | 0.00x | 1.01x | $-1.45 Million |
| 2025 | -12.98% | 0.00% | 0.00x | 1.00x | $-2.04 Million |
Industry Comparison
This section compares Thunder Gold Corp.'s net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thunder Gold Corp. (TGOLF) | $10.41 Million | -163.53% | 0.03x | $8.27 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |