Bullion Gold Resources Corp
Bullion Gold Resources Corp. engages in the exploration, and development of mineral properties in n British Columbia, Canada. The company explores for gold, silver, copper, zinc, cobalt, molybdenum, nickel, PGE, and lithium deposits. It owns 100% interests in the Cadillac Extension project which consists of 39 mining claims covering an area of approximately 2,235 hectares located east of the muni… Read more
Bullion Gold Resources Corp (TTEXF) - Net Assets
Latest net assets as of September 2025: $3.11 Million USD
Based on the latest financial reports, Bullion Gold Resources Corp (TTEXF) has net assets worth $3.11 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 ($3.21 Million) and total liabilities ($100.54K). 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 | $3.11 Million |
| % of Total Assets | 96.87% |
| Annual Growth Rate | 8.07% |
| 5-Year Change | 121.06% |
| 10-Year Change | N/A |
| Growth Volatility | 348.07 |
Bullion Gold Resources Corp - Net Assets Trend (2005–2024)
This chart illustrates how Bullion Gold Resources 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 Bullion Gold Resources Corp (2005–2024)
The table below shows the annual net assets of Bullion Gold Resources Corp from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.09 Million | +17.14% |
| 2023-12-31 | $1.78 Million | -14.44% |
| 2022-12-31 | $2.09 Million | +64.22% |
| 2021-12-31 | $1.27 Million | +34.30% |
| 2020-12-31 | $945.75K | +1239.80% |
| 2019-12-31 | $70.59K | -74.96% |
| 2018-12-31 | $281.86K | +75.75% |
| 2017-12-31 | $160.38K | +153.71% |
| 2016-12-31 | $-298.62K | +70.16% |
| 2015-12-31 | $-1.00 Million | +2.11% |
| 2014-12-31 | $-1.02 Million | -19.37% |
| 2013-12-31 | $-856.40K | -127.66% |
| 2012-12-31 | $3.10 Million | -9.69% |
| 2011-12-31 | $3.43 Million | +22.35% |
| 2010-12-31 | $2.80 Million | +18.77% |
| 2009-12-31 | $2.36 Million | +5.39% |
| 2008-12-31 | $2.24 Million | +697.31% |
| 2007-12-31 | $280.81K | -38.37% |
| 2006-12-31 | $455.63K | -4.70% |
| 2005-12-31 | $478.08K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bullion Gold Resources 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 1015872200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.90 Million | 521.44% |
| Other Comprehensive Income | $-301.65K | -14.43% |
| Other Components | $1.68 Million | 80.44% |
| Total Equity | $2.09 Million | 100.00% |
Bullion Gold Resources Corp Competitors by Market Cap
The table below lists competitors of Bullion Gold Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FRESNILLO (FNL.SG)
STU:FNL
|
$389.76K |
|
Fundamental Invest - Stock Pick II Akkumulerende
CO:FUISPA
|
$389.78K |
|
Apollo Bancorp Inc
PINK:APLO
|
$390.36K |
|
EQS Group AG
MU:EQS
|
$390.74K |
|
Ayurcann Holdings Corp
OTCQB:AYURF
|
$389.41K |
|
Wesizwe
JSE:WEZ
|
$389.30K |
|
Elcom International Inc
PINK:ELCO
|
$389.25K |
|
Bond Resources Inc
F:5B1
|
$389.19K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bullion Gold Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,784,669 to 2,090,634, a change of 305,965 (17.1%).
- Net loss of 322,302 reduced equity.
- New share issuances of 576,950 increased equity.
- Other comprehensive income decreased equity by 148,572.
- Other factors increased equity by 199,889.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-322.30K | -15.42% |
| Share Issuances | $576.95K | +27.6% |
| Other Comprehensive Income | $-148.57K | -7.11% |
| Other Changes | $199.89K | +9.56% |
| Total Change | $- | 17.14% |
Book Value vs Market Value Analysis
This analysis compares Bullion Gold Resources 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: 0.72x
- 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 0.00x to 0.72x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $5.44 | $0.03 | x |
| 2006-12-31 | $5.18 | $0.03 | x |
| 2007-12-31 | $3.20 | $0.03 | x |
| 2008-12-31 | $5.23 | $0.03 | x |
| 2009-12-31 | $3.61 | $0.03 | x |
| 2010-12-31 | $3.54 | $0.03 | x |
| 2011-12-31 | $2.75 | $0.03 | x |
| 2012-12-31 | $2.00 | $0.03 | x |
| 2013-12-31 | $-0.50 | $0.03 | x |
| 2014-12-31 | $-0.60 | $0.03 | x |
| 2015-12-31 | $-0.44 | $0.03 | x |
| 2016-12-31 | $-0.04 | $0.03 | x |
| 2017-12-31 | $0.01 | $0.03 | x |
| 2018-12-31 | $0.01 | $0.03 | x |
| 2019-12-31 | $0.00 | $0.03 | x |
| 2020-12-31 | $0.05 | $0.03 | x |
| 2021-12-31 | $0.03 | $0.03 | x |
| 2022-12-31 | $0.05 | $0.03 | x |
| 2023-12-31 | $0.03 | $0.03 | x |
| 2024-12-31 | $0.04 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bullion Gold Resources 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): -15.42%
- 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: 1.06x
- Recent ROE (-15.42%) is above the historical average (-51.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -6.71% | -4005.37% | 0.00x | 1.02x | $-79.89K |
| 2006 | -4.93% | -155.32% | 0.03x | 1.02x | $-68.01K |
| 2007 | -55.78% | -2474.92% | 0.01x | 1.73x | $-184.72K |
| 2008 | -21.84% | 0.00% | 0.00x | 1.06x | $-712.96K |
| 2009 | -23.63% | 0.00% | 0.00x | 1.05x | $-793.46K |
| 2010 | -21.31% | 0.00% | 0.00x | 1.11x | $-877.48K |
| 2011 | -27.44% | 0.00% | 0.00x | 1.26x | $-1.28 Million |
| 2012 | -16.07% | 0.00% | 0.00x | 1.29x | $-807.10K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.89 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-83.79K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.50K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-146.30K |
| 2017 | -310.74% | 0.00% | 0.00x | 1.63x | $-514.41K |
| 2018 | -142.77% | 0.00% | 0.00x | 1.40x | $-430.59K |
| 2019 | -303.55% | 0.00% | 0.00x | 2.38x | $-221.33K |
| 2020 | -35.64% | 0.00% | 0.00x | 1.18x | $-431.61K |
| 2021 | -34.49% | 0.00% | 0.00x | 1.12x | $-565.06K |
| 2022 | -8.50% | 0.00% | 0.00x | 1.05x | $-385.87K |
| 2023 | -10.37% | 0.00% | 0.00x | 1.03x | $-363.49K |
| 2024 | -15.42% | 0.00% | 0.00x | 1.06x | $-531.37K |
Industry Comparison
This section compares Bullion Gold Resources 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 |
|---|---|---|---|---|
| Bullion Gold Resources Corp (TTEXF) | $3.11 Million | -6.71% | 0.03x | $389.73K |
| 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 |