WestMountain Gold Inc
WestMountain Gold, Inc., an exploration stage mining company, explores gold properties in the United States. It primarily owns a 100% interest in the Terra project that includes 339 mining claims, including 5 unpatented lode mining claims covering an area of 55,040 acres located in Alaska. The company is based in Fort Collins, Colorado.
WestMountain Gold Inc (WMTN) - Net Assets
Latest net assets as of May 2016: $-5.70 Million USD
Based on the latest financial reports, WestMountain Gold Inc (WMTN) has net assets worth $-5.70 Million USD as of May 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.47 Million) and total liabilities ($8.17 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 | $-5.70 Million |
| % of Total Assets | -230.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 62.89 |
WestMountain Gold Inc - Net Assets Trend (2008–2025)
This chart illustrates how WestMountain Gold 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 WestMountain Gold Inc (2008–2025)
The table below shows the annual net assets of WestMountain Gold Inc from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | $-9.85 Million | -11.77% |
| 2024-02-29 | $-8.82 Million | -15.33% |
| 2023-02-28 | $-7.64 Million | -20.66% |
| 2022-02-28 | $-6.33 Million | -35.63% |
| 2021-02-28 | $-4.67 Million | -36.09% |
| 2020-02-29 | $-3.43 Million | +18.48% |
| 2019-02-28 | $-4.21 Million | -15.11% |
| 2016-02-29 | $-3.66 Million | +48.55% |
| 2015-02-28 | $-7.11 Million | -0.74% |
| 2014-02-28 | $-7.06 Million | -196.01% |
| 2013-02-28 | $-2.38 Million | -2085.69% |
| 2012-02-29 | $-109.07K | -165.73% |
| 2011-02-28 | $165.94K | -27.97% |
| 2010-02-28 | $230.38K | -19.14% |
| 2009-02-28 | $284.90K | -15.48% |
| 2008-02-29 | $337.09K | -- |
Equity Component Analysis
This analysis shows how different components contribute to WestMountain Gold 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 1688296900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $201.41K | % |
| Other Components | $6.86 Million | % |
| Total Equity | $-9.85 Million | 100.00% |
WestMountain Gold Inc Competitors by Market Cap
The table below lists competitors of WestMountain Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dotz SA
SA:DOTZ3
|
$2.01 Million |
|
DO & CO
BE:DOQ
|
$2.01 Million |
|
Tidewater Midstream and Infrastructure Ltd
PINK:TWMIF
|
$2.02 Million |
|
SPOTLIGHT GROUP AB O.N.
F:7T7
|
$2.02 Million |
|
Ilex Medical
TA:ILX
|
$2.01 Million |
|
Laxmi Cotspin Limited
NSE:LAXMICOT
|
$2.01 Million |
|
Nagreeka Exports Limited
NSE:NAGREEKEXP
|
$2.01 Million |
|
Wawasan Dengkil Holdings Berhad
KLSE:0347
|
$2.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WestMountain Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -8,815,245 to -9,852,408, a change of -1,037,163.
- Net loss of 1,037,163 reduced equity.
- Other comprehensive income decreased equity by 11,077.
- Other factors increased equity by 11,077.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.04 Million | -10.53% |
| Other Comprehensive Income | $-11.08K | -0.11% |
| Other Changes | $11.08K | +0.11% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares WestMountain Gold 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-02-29 | $74.81 | $0.80 | x |
| 2009-02-28 | $63.23 | $0.80 | x |
| 2010-02-28 | $51.13 | $0.80 | x |
| 2011-02-28 | $36.83 | $0.80 | x |
| 2012-02-29 | $-4.33 | $0.80 | x |
| 2013-02-28 | $-59.70 | $0.80 | x |
| 2014-02-28 | $-148.64 | $0.80 | x |
| 2015-02-28 | $-138.10 | $0.80 | x |
| 2016-02-29 | $-42.24 | $0.80 | x |
| 2019-02-28 | $-49.21 | $0.80 | x |
| 2020-02-29 | $-24.67 | $0.80 | x |
| 2021-02-28 | $-27.45 | $0.80 | x |
| 2022-02-28 | $-31.45 | $0.80 | x |
| 2023-02-28 | $-37.95 | $0.80 | x |
| 2024-02-29 | $-43.77 | $0.80 | x |
| 2025-02-28 | $-0.49 | $0.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WestMountain Gold 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): 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 above the historical average (-5.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -8.71% | 0.00% | 0.00x | 1.07x | $-63.08K |
| 2009 | -18.32% | 0.00% | 0.00x | 1.03x | $-80.67K |
| 2010 | -23.67% | 0.00% | 0.00x | 1.06x | $-77.56K |
| 2011 | -38.83% | 0.00% | 0.00x | 1.17x | $-81.03K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.02 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.31 Million |
| 2014 | 0.00% | -8075.54% | 0.06x | 0.00x | $-6.90 Million |
| 2015 | 0.00% | -244.37% | 0.28x | 0.00x | $-1.84 Million |
| 2016 | 0.00% | -54.98% | 0.50x | 0.00x | $-817.95K |
| 2019 | 0.00% | -745.36% | 0.18x | 0.00x | $-2.53 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.95 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.15 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.10 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-544.25K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-290.46K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-51.92K |
Industry Comparison
This section compares WestMountain Gold Inc'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 |
|---|---|---|---|---|
| WestMountain Gold Inc (WMTN) | $-5.70 Million | -8.71% | N/A | $2.01 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 |