G Mining Ventures Corp. (GMIN) - Net Assets
Based on the latest financial reports, G Mining Ventures Corp. (GMIN) has net assets worth CA$1.86 Billion CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.45 Billion) and total liabilities (CA$595.22 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$1.86 Billion |
| % of Total Assets | 75.74% |
| Annual Growth Rate | 371.57% |
| 5-Year Change | 92164.06% |
| 10-Year Change | N/A |
| Growth Volatility | 3854.0 |
G Mining Ventures Corp. - Net Assets Trend (2018–2024)
This chart illustrates how G Mining Ventures 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 G Mining Ventures Corp. (2018–2024)
The table below shows the annual net assets of G Mining Ventures Corp. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.01 Billion | +287.02% |
| 2023-12-31 | CA$261.15 Million | +7.18% |
| 2022-12-31 | CA$243.64 Million | +109.21% |
| 2021-12-31 | CA$116.46 Million | +10531.40% |
| 2020-12-31 | CA$1.10 Million | +104.76% |
| 2019-12-31 | CA$534.97K | +483.32% |
| 2018-12-31 | CA$91.71K | -- |
Equity Component Analysis
This analysis shows how different components contribute to G Mining Ventures 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 grown by 4891117800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$48.83 Million | 4.83% |
| Common Stock | CA$1.08 Billion | 107.13% |
| Other Comprehensive Income | CA$-120.84 Million | -11.96% |
| Total Equity | CA$1.01 Billion | 100.00% |
G Mining Ventures Corp. Competitors by Market Cap
The table below lists competitors of G Mining Ventures Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jinduicheng Molybdenum Co Ltd
SHG:601958
|
$9.26 Billion |
|
Bio-Techne Corp
NASDAQ:TECH
|
$9.27 Billion |
|
Hainan Airlines Co Ltd A
SHG:600221
|
$9.28 Billion |
|
Henry Schein Inc
NASDAQ:HSIC
|
$9.28 Billion |
|
Littelfuse Inc
NASDAQ:LFUS
|
$9.26 Billion |
|
APA Group
AU:APA
|
$9.25 Billion |
|
CITIC Metal Co. Ltd. A
SHG:601061
|
$9.25 Billion |
|
Freedom Holding Corp
NASDAQ:FRHC
|
$9.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in G Mining Ventures Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 261,146,644 to 1,010,678,000, a change of 749,531,356 (287.0%).
- Net income of 62,005,000 contributed positively to equity growth.
- Share repurchases of 118,824,000 reduced equity.
- New share issuances of 50,000,000 increased equity.
- Other comprehensive income decreased equity by 148,865,180.
- Other factors increased equity by 905,215,536.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$62.01 Million | +6.13% |
| Share Repurchases | CA$118.82 Million | -11.76% |
| Share Issuances | CA$50.00 Million | +4.95% |
| Other Comprehensive Income | CA$-148.87 Million | -14.73% |
| Other Changes | CA$905.22 Million | +89.57% |
| Total Change | CA$- | 287.02% |
Book Value vs Market Value Analysis
This analysis compares G Mining Ventures 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: 9.21x
- 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 decreased from 1501.40x to 9.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CA$0.04 | CA$56.23 | x |
| 2019-12-31 | CA$0.10 | CA$56.23 | x |
| 2020-12-31 | CA$0.08 | CA$56.23 | x |
| 2021-12-31 | CA$0.87 | CA$56.23 | x |
| 2022-12-31 | CA$0.74 | CA$56.23 | x |
| 2023-12-31 | CA$0.58 | CA$56.23 | x |
| 2024-12-31 | CA$6.11 | CA$56.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently G Mining Ventures Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.13%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 42.69%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.46x
- Recent ROE (6.13%) is above the historical average (-17.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -56.60% | 0.00% | 0.00x | 1.27x | CA$-80.13K |
| 2019 | -18.82% | 0.00% | 0.00x | 0.82x | CA$-207.55K |
| 2020 | -45.15% | 0.00% | 0.00x | 1.06x | CA$-604.11K |
| 2021 | -2.42% | 0.00% | 0.00x | 1.02x | CA$-14.47 Million |
| 2022 | -0.78% | 0.00% | 0.00x | 1.06x | CA$-26.26 Million |
| 2023 | -2.75% | 0.00% | 0.00x | 2.23x | CA$-33.29 Million |
| 2024 | 6.13% | 42.69% | 0.10x | 1.46x | CA$-39.06 Million |
Industry Comparison
This section compares G Mining Ventures Corp.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $25,011,639
- Average return on equity (ROE) among peers: -23.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| G Mining Ventures Corp. (GMIN) | CA$1.86 Billion | -56.60% | 0.32x | $9.26 Billion |
| Abcourt Mines Inc. (ABI) | $27.66 Million | -3.28% | 0.35x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $13.38 Million | -3.65% | 0.02x | $3.68 Million |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $518.31K | -0.04% | 0.11x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $-251.88K | 0.00% | 0.00x | $9.71 Million |
| Alkane Resources Limited (ALK) | $191.56 Million | 29.08% | 0.23x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-3.10 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $822.20K | -78.33% | 0.24x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.98 Million | -5.17% | 0.10x | $1.59 Million |
About G Mining Ventures Corp.
G Mining Ventures Corp., a mining company, engages in the acquisition, exploration, and development of precious metal projects. Its flagship property is Tocantinzinho Gold Project located in State of Pará, Brazil. G Mining Ventures Corp. was incorporated in 2017 and is based in Québec, Canada.