Volcanic Gold Mines Inc
Volcanic Gold Mines Inc. together with its subsidiaries, engages in the acquisition, exploration, and evaluation of mineral properties in Guatemala. The company explores for gold and silver deposits. It holds 60% interest in the Holly and Motagua Norte gold-silver properties in Guatemala. The company was formerly known as Volcanic Metals Corp. and changed its name to Volcanic Gold Mines Inc. in J… Read more
Volcanic Gold Mines Inc (VLMZF) - Net Assets
Latest net assets as of September 2025: $1.80 Million USD
Based on the latest financial reports, Volcanic Gold Mines Inc (VLMZF) has net assets worth $1.80 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 ($2.06 Million) and total liabilities ($268.46K). 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 | $1.80 Million |
| % of Total Assets | 86.99% |
| Annual Growth Rate | 13.78% |
| 5-Year Change | -91.77% |
| 10-Year Change | 225.69% |
| Growth Volatility | 2795.47 |
Volcanic Gold Mines Inc - Net Assets Trend (2007–2024)
This chart illustrates how Volcanic Gold Mines Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Volcanic Gold Mines Inc (2007–2024)
The table below shows the annual net assets of Volcanic Gold Mines Inc from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $964.92K | -71.85% |
| 2023-12-31 | $3.43 Million | -39.65% |
| 2022-12-31 | $5.68 Million | -32.13% |
| 2021-12-31 | $8.37 Million | -28.61% |
| 2020-12-31 | $11.72 Million | +11499.24% |
| 2019-12-31 | $101.06K | +144.94% |
| 2018-12-31 | $-224.86K | -105.95% |
| 2017-12-31 | $3.78 Million | +2143.81% |
| 2016-12-31 | $168.29K | -43.20% |
| 2015-12-31 | $296.27K | -28.15% |
| 2014-12-31 | $412.37K | -43.90% |
| 2013-12-31 | $734.99K | -13.44% |
| 2012-12-31 | $849.14K | -28.57% |
| 2011-12-31 | $1.19 Million | -62.98% |
| 2010-12-31 | $3.21 Million | +239.97% |
| 2009-12-31 | $944.63K | +43.55% |
| 2008-12-31 | $658.03K | +511.99% |
| 2007-12-31 | $107.52K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Volcanic Gold Mines Inc'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 2757766500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $26.58 Million | 2328.44% |
| Other Comprehensive Income | $2.17 Million | 189.80% |
| Total Equity | $1.14 Million | 100.00% |
Volcanic Gold Mines Inc Competitors by Market Cap
The table below lists competitors of Volcanic Gold Mines Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rudrabhishek Enterprises Limited
NSE:REPL
|
$4.67 Million |
|
JX Luxventure Limited
NASDAQ:JXJT
|
$4.67 Million |
|
Rajshree Sugars & Chemicals Limited
NSE:RAJSREESUG
|
$4.67 Million |
|
Mako Gold Ltd
AU:MKG
|
$4.67 Million |
|
Treasure ASA
OL:TRE
|
$4.67 Million |
|
Orbital Corporation Limited
PINK:OBTEF
|
$4.67 Million |
|
IMMOTION GRP LS-0004010
F:6XK
|
$4.67 Million |
|
Only World Group Holdings Bhd
KLSE:5260
|
$4.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Volcanic Gold Mines Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,603,970 to 1,141,333, a change of -2,462,637 (-68.3%).
- Net loss of 2,639,671 reduced equity.
- Other comprehensive income increased equity by 177,034.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.64 Million | -231.28% |
| Other Comprehensive Income | $177.03K | +15.51% |
| Total Change | $- | -68.33% |
Book Value vs Market Value Analysis
This analysis compares Volcanic Gold Mines Inc'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: 3.99x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.03x to 3.99x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $2.89 | $0.10 | x |
| 2008-12-31 | $9.01 | $0.10 | x |
| 2009-12-31 | $6.86 | $0.10 | x |
| 2010-12-31 | $13.04 | $0.10 | x |
| 2011-12-31 | $2.74 | $0.10 | x |
| 2012-12-31 | $1.92 | $0.10 | x |
| 2013-12-31 | $1.14 | $0.10 | x |
| 2014-12-31 | $0.20 | $0.10 | x |
| 2015-12-31 | $0.14 | $0.10 | x |
| 2016-12-31 | $0.08 | $0.10 | x |
| 2017-12-31 | $0.54 | $0.10 | x |
| 2018-12-31 | $-0.01 | $0.10 | x |
| 2019-12-31 | $0.03 | $0.10 | x |
| 2020-12-31 | $0.59 | $0.10 | x |
| 2021-12-31 | $0.19 | $0.10 | x |
| 2022-12-31 | $0.13 | $0.10 | x |
| 2023-12-31 | $0.08 | $0.10 | x |
| 2024-12-31 | $0.03 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Volcanic Gold Mines Inc 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): -231.28%
- 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 (-231.28%) is below the historical average (-85.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -20.90% | 0.00% | 0.00x | 1.45x | $-33.23K |
| 2008 | -26.65% | 0.00% | 0.00x | 1.05x | $-241.19K |
| 2009 | -17.10% | 0.00% | 0.00x | 1.10x | $-255.96K |
| 2010 | -23.57% | 0.00% | 0.00x | 1.07x | $-1.08 Million |
| 2011 | -206.93% | -50796.24% | 0.00x | 1.16x | $-2.58 Million |
| 2012 | -52.43% | -10237.02% | 0.00x | 1.20x | $-530.12K |
| 2013 | -23.77% | 0.00% | 0.00x | 1.25x | $-248.21K |
| 2014 | -196.31% | 0.00% | 0.00x | 1.16x | $-850.74K |
| 2015 | -39.19% | 0.00% | 0.00x | 1.41x | $-145.72K |
| 2016 | -255.23% | 0.00% | 0.00x | 2.85x | $-446.37K |
| 2017 | -198.36% | 0.00% | 0.00x | 1.21x | $-6.85 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.00 Million |
| 2019 | -71.29% | 0.00% | 0.00x | 0.84x | $-225.55K |
| 2020 | -19.00% | 0.00% | 0.00x | 1.00x | $-3.45 Million |
| 2021 | -51.50% | 0.00% | 0.00x | 1.01x | $-5.25 Million |
| 2022 | -45.37% | 0.00% | 0.00x | 1.02x | $-3.24 Million |
| 2023 | -63.65% | 0.00% | 0.00x | 1.02x | $-2.65 Million |
| 2024 | -231.28% | 0.00% | 0.00x | 1.12x | $-2.75 Million |
Industry Comparison
This section compares Volcanic Gold Mines Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $411,687,235
- Average return on equity (ROE) among peers: -119.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Volcanic Gold Mines Inc (VLMZF) | $1.80 Million | -20.90% | 0.15x | $4.67 Million |
| Almadex Minerals Ltd (AAMMF) | $5.73 Million | 6.70% | 0.01x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $10.03 Million | -13.48% | 0.17x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $19.90 Million | -2.53% | 0.04x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $65.44K | -173.09% | 0.37x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $413.79K | -494.09% | 0.29x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $3.67 Billion | 9.39% | 0.50x | $98.30 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $-555.77K | 0.00% | 0.00x | $0.94 |
| Antioquia Gold Inc (AGDXF) | $-702.21K | 0.00% | 0.00x | $1.44 Million |