Canagold Resources Ltd (CCM) - Net Assets
Based on the latest financial reports, Canagold Resources Ltd (CCM) has net assets worth CA$33.97 Million CAD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$38.42 Million) and total liabilities (CA$4.45 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 | CA$33.97 Million |
| % of Total Assets | 88.42% |
| Annual Growth Rate | 1.0% |
| 5-Year Change | 29.21% |
| 10-Year Change | 73.27% |
| Growth Volatility | 24.03 |
Canagold Resources Ltd - Net Assets Trend (1996–2025)
This chart illustrates how Canagold Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Canagold Resources Ltd (1996–2025)
The table below shows the annual net assets of Canagold Resources Ltd from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$33.97 Million | +13.32% |
| 2024-12-31 | CA$29.98 Million | -2.47% |
| 2023-12-31 | CA$30.74 Million | +4.15% |
| 2022-12-31 | CA$29.51 Million | +12.25% |
| 2021-12-31 | CA$26.29 Million | +13.75% |
| 2020-12-31 | CA$23.11 Million | +28.98% |
| 2019-12-31 | CA$17.92 Million | +4.90% |
| 2018-12-31 | CA$17.08 Million | -11.85% |
| 2017-12-31 | CA$19.38 Million | -1.16% |
| 2016-12-31 | CA$19.61 Million | +81.31% |
| 2015-12-31 | CA$10.81 Million | -7.18% |
| 2014-12-31 | CA$11.65 Million | +2.09% |
| 2013-12-31 | CA$11.41 Million | -12.58% |
| 2012-12-31 | CA$13.05 Million | +4.68% |
| 2011-12-31 | CA$12.47 Million | -3.64% |
| 2010-12-31 | CA$12.94 Million | +6.35% |
| 2009-12-31 | CA$12.17 Million | -2.83% |
| 2008-12-31 | CA$12.52 Million | -35.72% |
| 2007-12-31 | CA$19.48 Million | +6.97% |
| 2006-12-31 | CA$18.21 Million | +66.36% |
| 2005-12-31 | CA$10.95 Million | +5.41% |
| 2004-12-31 | CA$10.39 Million | -17.20% |
| 2003-12-31 | CA$12.54 Million | +23.15% |
| 2002-12-31 | CA$10.19 Million | -39.99% |
| 2001-12-31 | CA$16.97 Million | -16.52% |
| 2000-12-31 | CA$20.33 Million | -2.60% |
| 1999-12-31 | CA$20.88 Million | -0.58% |
| 1998-12-31 | CA$21.00 Million | -7.65% |
| 1997-12-31 | CA$22.74 Million | -10.72% |
| 1996-12-31 | CA$25.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Canagold Resources Ltd'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 4330539700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$96.66 Million | 284.52% |
| Other Comprehensive Income | CA$-4.11 Million | -12.09% |
| Other Components | CA$635.00K | 1.87% |
| Total Equity | CA$33.97 Million | 100.00% |
Canagold Resources Ltd Competitors by Market Cap
The table below lists competitors of Canagold Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Indo Borax & Chemicals Limited
NSE:INDOBORAX
|
$88.24 Million |
|
CARECLOUD INC. DL-001
F:MTB0
|
$88.28 Million |
|
Aviv Arlon Ltd
TA:AVLN
|
$88.30 Million |
|
REWORLD MEDIA EO -02
F:6H1
|
$88.30 Million |
|
Wulandari Bangun Laksana
JK:BSBK
|
$88.22 Million |
|
Imaflex Inc
V:IFX
|
$88.17 Million |
|
Solesence, Inc. Common Stock
NASDAQ:SLSN
|
$88.17 Million |
|
ONUR TEKNOLOJI
IS:ONRYT
|
$88.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canagold Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 29,980,000 to 33,973,000, a change of 3,993,000 (13.3%).
- Net loss of 2,593,000 reduced equity.
- New share issuances of 5,079,000 increased equity.
- Other comprehensive income increased equity by 1,560,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.59 Million | -7.63% |
| Share Issuances | CA$5.08 Million | +14.95% |
| Other Comprehensive Income | CA$1.56 Million | +4.59% |
| Other Changes | CA$-53.00K | -0.16% |
| Total Change | CA$- | 13.32% |
Book Value vs Market Value Analysis
This analysis compares Canagold Resources Ltd'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: 3.12x
- 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 0.16x to 3.12x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CA$3.60 | CA$0.57 | x |
| 1997-12-31 | CA$3.14 | CA$0.57 | x |
| 1998-12-31 | CA$2.73 | CA$0.57 | x |
| 1999-12-31 | CA$2.49 | CA$0.57 | x |
| 2000-12-31 | CA$2.32 | CA$0.57 | x |
| 2001-12-31 | CA$1.83 | CA$0.57 | x |
| 2002-12-31 | CA$1.03 | CA$0.57 | x |
| 2003-12-31 | CA$1.17 | CA$0.57 | x |
| 2004-12-31 | CA$0.85 | CA$0.57 | x |
| 2005-12-31 | CA$0.87 | CA$0.57 | x |
| 2006-12-31 | CA$1.33 | CA$0.57 | x |
| 2007-12-31 | CA$1.29 | CA$0.57 | x |
| 2008-12-31 | CA$0.81 | CA$0.57 | x |
| 2009-12-31 | CA$0.76 | CA$0.57 | x |
| 2010-12-31 | CA$0.73 | CA$0.57 | x |
| 2011-12-31 | CA$0.53 | CA$0.57 | x |
| 2012-12-31 | CA$0.62 | CA$0.57 | x |
| 2013-12-31 | CA$0.46 | CA$0.57 | x |
| 2014-12-31 | CA$0.36 | CA$0.57 | x |
| 2015-12-31 | CA$0.30 | CA$0.57 | x |
| 2016-12-31 | CA$0.46 | CA$0.57 | x |
| 2017-12-31 | CA$0.41 | CA$0.57 | x |
| 2018-12-31 | CA$0.36 | CA$0.57 | x |
| 2019-12-31 | CA$0.36 | CA$0.57 | x |
| 2020-12-31 | CA$0.41 | CA$0.57 | x |
| 2021-12-31 | CA$0.33 | CA$0.57 | x |
| 2022-12-31 | CA$0.33 | CA$0.57 | x |
| 2023-12-31 | CA$0.21 | CA$0.57 | x |
| 2024-12-31 | CA$0.18 | CA$0.57 | x |
| 2025-12-31 | CA$0.18 | CA$0.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canagold Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.13x
- Recent ROE (-7.63%) is above the historical average (-11.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -10.32% | -3600.31% | 0.00x | 1.02x | CA$-5.17 Million |
| 1997 | -17.54% | -5699.38% | 0.00x | 1.02x | CA$-6.26 Million |
| 1998 | -13.23% | -4300.04% | 0.00x | 1.01x | CA$-4.88 Million |
| 1999 | -1.54% | -464.39% | 0.00x | 1.02x | CA$-2.41 Million |
| 2000 | -2.54% | -3671.43% | 0.00x | 1.02x | CA$-2.53 Million |
| 2001 | -21.74% | -8963.12% | 0.00x | 1.01x | CA$-5.34 Million |
| 2002 | -74.34% | -3040.46% | 0.02x | 1.02x | CA$-8.48 Million |
| 2003 | -7.05% | -539.93% | 0.01x | 1.04x | CA$-2.12 Million |
| 2004 | -38.95% | 0.00% | 0.00x | 1.05x | CA$-5.04 Million |
| 2005 | 2.87% | 0.00% | 0.00x | 1.02x | CA$-780.03K |
| 2006 | 2.38% | 0.00% | 0.00x | 1.01x | CA$-1.39 Million |
| 2007 | 7.78% | 0.00% | 0.00x | 1.03x | CA$-433.14K |
| 2008 | -55.60% | 0.00% | 0.00x | 1.02x | CA$-8.22 Million |
| 2009 | -12.98% | 0.00% | 0.00x | 1.08x | CA$-2.80 Million |
| 2010 | -4.56% | 0.00% | 0.00x | 1.07x | CA$-1.88 Million |
| 2011 | -9.70% | 0.00% | 0.00x | 1.06x | CA$-2.46 Million |
| 2012 | -9.24% | 0.00% | 0.00x | 1.07x | CA$-2.51 Million |
| 2013 | -12.07% | 0.00% | 0.00x | 1.09x | CA$-2.52 Million |
| 2014 | -15.72% | 0.00% | 0.00x | 1.08x | CA$-3.00 Million |
| 2015 | -8.62% | 0.00% | 0.00x | 1.10x | CA$-2.01 Million |
| 2016 | 34.64% | 0.00% | 0.00x | 1.01x | CA$4.83 Million |
| 2017 | -10.11% | -14000.00% | 0.00x | 1.02x | CA$-3.90 Million |
| 2018 | -6.59% | 0.00% | 0.00x | 1.02x | CA$-2.83 Million |
| 2019 | -5.82% | 0.00% | 0.00x | 1.02x | CA$-2.84 Million |
| 2020 | -7.39% | 0.00% | 0.00x | 1.02x | CA$-4.02 Million |
| 2021 | -6.97% | 0.00% | 0.00x | 1.05x | CA$-4.46 Million |
| 2022 | -9.17% | 0.00% | 0.00x | 1.11x | CA$-5.66 Million |
| 2023 | -9.92% | 0.00% | 0.00x | 1.08x | CA$-6.12 Million |
| 2024 | -3.74% | 0.00% | 0.00x | 1.09x | CA$-4.12 Million |
| 2025 | -7.63% | 0.00% | 0.00x | 1.13x | CA$-5.99 Million |
Industry Comparison
This section compares Canagold Resources Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $37,435,313
- Average return on equity (ROE) among peers: -27.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Canagold Resources Ltd (CCM) | CA$33.97 Million | -10.32% | 0.13x | $88.22 Million |
| Abcourt Mines Inc. (ABI) | $-3.13 Million | 0.00% | 0.00x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $20.44 Million | -35.77% | 0.45x | $3.68 Million |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $1.78 Million | -62.23% | 0.56x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $9.71 Million |
| Alkane Resources Limited (ALK) | $309.37 Million | 5.71% | 0.50x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-656.72K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $21.46 Million | -7.16% | 0.01x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.56 Million | -6.01% | 0.17x | $1.59 Million |
About Canagold Resources Ltd
Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada. It explores for gold, silver, and copper deposits. The company holds 100% interest in the New Polaris project that consist of 61 crown granted mineral claims and 1 modified grid claim covering an area of approximately 2,956 acres located at Tul… Read more