Liberty Gold Corp (LGD) - Net Assets

Latest as of December 2025: CA$37.47 Million CAD

Based on the latest financial reports, Liberty Gold Corp (LGD) has net assets worth CA$37.47 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$44.01 Million) and total liabilities (CA$6.55 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$37.47 Million
% of Total Assets	85.13%
Annual Growth Rate	18.69%
5-Year Change	-7.1%
10-Year Change	-63.42%
Growth Volatility	115.7

Liberty Gold Corp - Net Assets Trend (2009–2025)

This chart illustrates how Liberty Gold 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 Liberty Gold Corp (2009–2025)

The table below shows the annual net assets of Liberty Gold Corp from 2009 to 2025.

Year	Net Assets	Change
2025-12-31	CA$37.47 Million	+77.06%
2024-12-31	CA$21.16 Million	-30.41%
2023-12-31	CA$30.41 Million	-28.62%
2022-12-31	CA$42.60 Million	+5.63%
2021-12-31	CA$40.33 Million	-22.82%
2020-12-31	CA$52.25 Million	+50.54%
2019-12-31	CA$34.71 Million	+5.38%
2018-12-31	CA$32.93 Million	+16.24%
2017-12-31	CA$28.33 Million	-72.33%
2016-12-31	CA$102.41 Million	+10.53%
2015-12-31	CA$92.65 Million	+8.86%
2014-12-31	CA$85.11 Million	+22.29%
2013-12-31	CA$69.60 Million	-2.06%
2012-12-31	CA$71.06 Million	+95.38%
2011-12-31	CA$36.37 Million	+437.04%
2010-12-31	CA$6.77 Million	+180.31%
2009-12-31	CA$2.42 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Liberty Gold 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 28704907029.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	CA$300.07 Million	800.93%
Other Comprehensive Income	CA$-7.51 Million	-20.05%
Other Components	CA$34.15 Million	91.14%
Total Equity	CA$37.47 Million	100.00%

Liberty Gold Corp Competitors by Market Cap

The table below lists competitors of Liberty Gold Corp ranked by their market capitalization.

Company	Market Cap
Qianjiang Yongan Pharmaceutical Co Ltd SHE:002365	$588.17 Million
Lavvi Empreendimentos Imobiliários S.A SA:LAVV3	$588.25 Million
Gladstone Commercial Corporation NASDAQ:GOOD	$588.44 Million
mF International Limited Ordinary Shares NASDAQ:MFI	$588.55 Million
Sillo Maritime Perdana Tbk PT JK:SHIP	$588.07 Million
Groupe CRIT SA PA:CEN	$587.89 Million
CK Power Public Company Limited BK:CKP	$587.86 Million
Intrum AB (publ) IL:0H9P	$587.75 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Liberty Gold Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 21,159,264 to 37,465,568, a change of 16,306,304 (77.1%).
Net loss of 23,860,904 reduced equity.
New share issuances of 36,758,301 increased equity.
Other comprehensive income increased equity by 2,469,900.
Other factors increased equity by 939,007.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-23.86 Million	-63.69%
Share Issuances	CA$36.76 Million	+98.11%
Other Comprehensive Income	CA$2.47 Million	+6.59%
Other Changes	CA$939.01K	+2.51%
Total Change	CA$-	77.06%

Book Value vs Market Value Analysis

This analysis compares Liberty Gold 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: 18.52x
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 32.53x to 18.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	CA$0.05	CA$1.55	x
2010-12-31	CA$0.13	CA$1.55	x
2011-12-31	CA$0.66	CA$1.55	x
2012-12-31	CA$1.10	CA$1.55	x
2013-12-31	CA$0.77	CA$1.55	x
2014-12-31	CA$0.80	CA$1.55	x
2015-12-31	CA$0.65	CA$1.55	x
2016-12-31	CA$0.63	CA$1.55	x
2017-12-31	CA$0.13	CA$1.55	x
2018-12-31	CA$0.13	CA$1.55	x
2019-12-31	CA$0.12	CA$1.55	x
2020-12-31	CA$0.16	CA$1.55	x
2021-12-31	CA$0.12	CA$1.55	x
2022-12-31	CA$0.13	CA$1.55	x
2023-12-31	CA$0.08	CA$1.55	x
2024-12-31	CA$0.06	CA$1.55	x
2025-12-31	CA$0.08	CA$1.55	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Liberty Gold 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): -63.69%
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: 1.17x
Recent ROE (-63.69%) is below the historical average (-40.25%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	-69.75%	0.00%	0.00x	1.02x	CA$-1.93 Million
2010	-20.76%	0.00%	0.00x	1.01x	CA$-2.08 Million
2011	-32.56%	0.00%	0.00x	1.03x	CA$-15.48 Million
2012	-11.29%	0.00%	0.00x	1.02x	CA$-15.12 Million
2013	-13.61%	0.00%	0.00x	1.06x	CA$-15.86 Million
2014	-8.24%	0.00%	0.00x	1.07x	CA$-14.85 Million
2015	-10.02%	0.00%	0.00x	1.35x	CA$-13.94 Million
2016	-7.02%	0.00%	0.00x	1.32x	CA$-13.52 Million
2017	-66.87%	0.00%	0.00x	1.58x	CA$-14.61 Million
2018	-46.21%	0.00%	0.00x	1.45x	CA$-13.59 Million
2019	-45.92%	0.00%	0.00x	1.61x	CA$-14.65 Million
2020	16.94%	0.00%	0.00x	1.37x	CA$3.06 Million
2021	-92.34%	0.00%	0.00x	1.63x	CA$-33.57 Million
2022	-54.17%	0.00%	0.00x	1.23x	CA$-25.00 Million
2023	-73.06%	0.00%	0.00x	1.28x	CA$-22.95 Million
2024	-85.73%	0.00%	0.00x	1.15x	CA$-20.26 Million
2025	-63.69%	0.00%	0.00x	1.17x	CA$-27.61 Million

Industry Comparison

This section compares Liberty Gold 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
Liberty Gold Corp (LGD)	CA$37.47 Million	-69.75%	0.17x	$588.17 Million
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 Liberty Gold Corp

TO:LGD Canada Gold

Market Cap

$588.17 Million

CA$813.09 Million CAD

Market Cap Rank

#12354 Global

#230 in Canada

Share Price

CA$1.55

Change (1 day)

+4.73%

52-Week Range

CA$0.27 - CA$1.65

All Time High

CA$2.31