TNR Gold Corp
TNR Gold Corp. engages in the acquisition and exploration of mineral properties in the United States. It explores for copper, gold, silver, and lithium deposits. The company holds a 90% interest in the Shotgun gold project located in the Kuskokwim and Bristol Bay district, Alaska. It also holds royalty interests in the Los Azules copper and Mariana lithium projects located in Argentina; and the B… Read more
TNR Gold Corp (TRRXF) - Net Assets
Latest net assets as of September 2025: $174.53K USD
Based on the latest financial reports, TNR Gold Corp (TRRXF) has net assets worth $174.53K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($207.71K) and total liabilities ($33.18K). 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 | $174.53K |
| % of Total Assets | 84.03% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 53.16 |
TNR Gold Corp - Net Assets Trend (1999–2024)
This chart illustrates how TNR 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 TNR Gold Corp (1999–2024)
The table below shows the annual net assets of TNR Gold Corp from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-79.49K | -113.10% |
| 2023-12-31 | $606.89K | +108.54% |
| 2022-12-31 | $-7.11 Million | +0.54% |
| 2021-12-31 | $-7.14 Million | -16.31% |
| 2020-12-31 | $-6.14 Million | -17.26% |
| 2019-12-31 | $-5.24 Million | -5.71% |
| 2018-12-31 | $-4.96 Million | -83.40% |
| 2017-12-31 | $-2.70 Million | +37.16% |
| 2016-12-31 | $-4.30 Million | -21.59% |
| 2015-12-31 | $-3.54 Million | -160.55% |
| 2014-12-31 | $5.84 Million | -2.58% |
| 2013-12-31 | $5.99 Million | -13.43% |
| 2012-12-31 | $6.92 Million | -44.71% |
| 2011-12-31 | $12.52 Million | -28.62% |
| 2010-12-31 | $17.54 Million | +9.76% |
| 2009-12-31 | $15.98 Million | +27.56% |
| 2008-12-31 | $12.53 Million | +24.59% |
| 2007-12-31 | $10.06 Million | +21.37% |
| 2006-12-31 | $8.29 Million | +35.63% |
| 2005-12-31 | $6.11 Million | +17.66% |
| 2004-12-31 | $5.19 Million | +37.90% |
| 2003-12-31 | $3.77 Million | +15.17% |
| 2002-12-31 | $3.27 Million | +34.93% |
| 2001-12-31 | $2.42 Million | +22.25% |
| 2000-12-31 | $1.98 Million | -28.75% |
| 1999-12-31 | $2.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TNR 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 3887576100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $36.78 Million | % |
| Other Comprehensive Income | $6.35 Million | % |
| Total Equity | $-79.49K | 100.00% |
TNR Gold Corp Competitors by Market Cap
The table below lists competitors of TNR Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MORIEN RES CORP.
F:35BN
|
$6.06 Million |
|
NIMY RESOURCES LIMITED
F:P4G
|
$6.06 Million |
|
Litchfield Minerals Ltd
AU:LMS
|
$6.06 Million |
|
Vmoto Ltd
AU:VMT
|
$6.06 Million |
|
T S Flour Mill Public Company Limited
BK:TMILL
|
$6.05 Million |
|
Takuni Group Public Company Limited
BK:TAKUNI
|
$6.05 Million |
|
Income Asset Management Group Ltd
AU:IAM
|
$6.05 Million |
|
QUAN.BL.TECH.PLC LS-0025
F:BYA1
|
$6.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TNR Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 606,892 to -79,490, a change of -686,382 (-113.1%).
- Net loss of 1,015,329 reduced equity.
- Share repurchases of 59,290 reduced equity.
- New share issuances of 309,000 increased equity.
- Other comprehensive income increased equity by 130,737.
- Other factors decreased equity by 51,500.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.02 Million | -1277.3% |
| Share Repurchases | $59.29K | -74.59% |
| Share Issuances | $309.00K | +388.73% |
| Other Comprehensive Income | $130.74K | +164.47% |
| Other Changes | $-51.50K | -64.79% |
| Total Change | $- | -113.10% |
Book Value vs Market Value Analysis
This analysis compares TNR 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 |
|---|---|---|---|
| 1999-12-31 | $1.07 | $0.03 | x |
| 2000-12-31 | $0.57 | $0.03 | x |
| 2001-12-31 | $0.56 | $0.03 | x |
| 2002-12-31 | $0.56 | $0.03 | x |
| 2003-12-31 | $0.39 | $0.03 | x |
| 2004-12-31 | $0.30 | $0.03 | x |
| 2005-12-31 | $0.20 | $0.03 | x |
| 2006-12-31 | $0.20 | $0.03 | x |
| 2007-12-31 | $0.17 | $0.03 | x |
| 2008-12-31 | $0.17 | $0.03 | x |
| 2009-12-31 | $0.18 | $0.03 | x |
| 2010-12-31 | $0.14 | $0.03 | x |
| 2011-12-31 | $0.09 | $0.03 | x |
| 2012-12-31 | $0.05 | $0.03 | x |
| 2013-12-31 | $0.04 | $0.03 | x |
| 2014-12-31 | $0.04 | $0.03 | x |
| 2015-12-31 | $-0.02 | $0.03 | x |
| 2016-12-31 | $-0.03 | $0.03 | x |
| 2017-12-31 | $-0.02 | $0.03 | x |
| 2018-12-31 | $-0.03 | $0.03 | x |
| 2019-12-31 | $-0.03 | $0.03 | x |
| 2020-12-31 | $-0.04 | $0.03 | x |
| 2021-12-31 | $-0.04 | $0.03 | x |
| 2022-12-31 | $-0.04 | $0.03 | x |
| 2023-12-31 | $0.00 | $0.03 | x |
| 2024-12-31 | $0.00 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TNR 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 below the historical average (32.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -11.23% | 0.00% | 0.00x | 1.04x | $-590.54K |
| 2000 | -112.30% | 0.00% | 0.00x | 1.10x | $-2.42 Million |
| 2001 | -7.69% | 0.00% | 0.00x | 1.06x | $-428.75K |
| 2002 | -36.89% | 0.00% | 0.00x | 1.06x | $-1.53 Million |
| 2003 | -17.78% | 0.00% | 0.00x | 1.12x | $-1.05 Million |
| 2004 | -19.16% | 0.00% | 0.00x | 1.06x | $-1.51 Million |
| 2005 | -9.50% | 0.00% | 0.00x | 1.04x | $-1.19 Million |
| 2006 | -9.49% | 0.00% | 0.00x | 1.03x | $-1.61 Million |
| 2007 | -13.74% | 0.00% | 0.00x | 1.05x | $-2.39 Million |
| 2008 | -19.40% | 0.00% | 0.00x | 1.13x | $-3.68 Million |
| 2009 | -16.90% | 0.00% | 0.00x | 1.07x | $-4.30 Million |
| 2010 | -18.73% | 0.00% | 0.00x | 1.04x | $-5.04 Million |
| 2011 | -46.74% | 0.00% | 0.00x | 1.13x | $-7.11 Million |
| 2012 | -84.02% | 0.00% | 0.00x | 1.80x | $-6.51 Million |
| 2013 | -15.80% | 0.00% | 0.00x | 1.87x | $-1.55 Million |
| 2014 | -5.77% | 0.00% | 0.00x | 1.76x | $-920.88K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.05 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-764.87K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $1.41 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.52 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $165.49K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-950.58K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.24 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $406.86K |
| 2023 | 1300.38% | 0.00% | 0.00x | 1.06x | $7.83 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.01 Million |
Industry Comparison
This section compares TNR 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 |
|---|---|---|---|---|
| TNR Gold Corp (TRRXF) | $174.53K | -11.23% | 0.19x | $6.05 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 |