Montage Gold Corp. Net Assets
Montage Gold Corp. net assets. Based on the latest financial reports, Montage Gold Corp. (MAU) has net assets worth CA$454.69 Million CAD (≈ $328.92 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.30 Billion ≈ $942.21 Million USD) and total liabilities (CA$847.81 Million ≈ $613.30 Million USD). 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. Also explore Montage Gold Corp. (MAU) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$454.69 Million |
| % of Total Assets | 34.91% |
| Annual Growth Rate | 53.94% |
| 5-Year Change | 421.96% |
| 10-Year Change | N/A |
| Growth Volatility | 148.28 |
Net Assets of Montage Gold Corp. (2018–2025)
Net assets of Montage Gold Corp. from 2018 to 2025. This chart illustrates how Montage Gold Corp.'s net assets have evolved over time, based on quarterly financial data. See Montage Gold Corp. balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Montage Gold Corp. (2018–2025)
The table below shows the annual net assets of Montage Gold Corp. from 2018 to 2025. For live market cap and overall valuation, see MAU market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$116.44 Million ≈ $84.23 Million |
-43.32% |
| 2024-12-31 | CA$205.43 Million ≈ $148.60 Million |
+363.25% |
| 2023-12-31 | CA$44.34 Million ≈ $32.08 Million |
-10.95% |
| 2022-12-31 | CA$49.80 Million ≈ $36.02 Million |
+123.22% |
| 2021-12-31 | CA$22.31 Million ≈ $16.14 Million |
-49.95% |
| 2020-12-31 | CA$44.58 Million ≈ $32.25 Million |
+111.55% |
| 2019-12-31 | CA$21.07 Million ≈ $15.24 Million |
+270.89% |
| 2018-12-31 | CA$5.68 Million ≈ $4.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Montage 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 13851070800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Montage Gold Corp. Net Assets Breakdown (December 2025)
Montage Gold Corp. net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$259.27 Million | 222.29% |
| Other Comprehensive Income | CA$1.69 Million | 1.45% |
| Other Components | CA$7.03 Million | 6.03% |
| Total Equity | CA$116.64 Million | 100.00% |
Montage Gold Corp. Competitors by Market Cap
The table below lists competitors of Montage Gold Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Intco Medical Products Co Ltd
SHE:300677
|
$4.23 Billion |
|
Zhejiang Dingli Mach Co Ltd
SHG:603338
|
$4.23 Billion |
|
Gentex Corporation
NASDAQ:GNTX
|
$4.23 Billion |
|
GEM Co Ltd
SHE:002340
|
$4.23 Billion |
|
Tangshan Port Group Co Ltd
SHG:601000
|
$4.22 Billion |
|
Global Power Synergy PCL
BK:GPSC
|
$4.22 Billion |
|
Asia Cement Corp
TW:1102
|
$4.22 Billion |
|
Edenred SA
PA:EDEN
|
$4.21 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Montage Gold Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 205,276,000 to 116,635,354, a change of -88,640,646 (-43.2%).
- Net loss of 50,447,924 reduced equity.
- Share repurchases of 2,911,000 reduced equity.
- Other comprehensive income increased equity by 364,925.
- Other factors decreased equity by 35,646,647.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-50.45 Million | -43.25% |
| Share Repurchases | CA$2.91 Million | -2.5% |
| Other Comprehensive Income | CA$364.93K | +0.31% |
| Other Changes | CA$-35.65 Million | -30.56% |
| Total Change | CA$- | -43.18% |
Book Value vs Market Value Analysis
This analysis compares Montage 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: 44.23x
- 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 186.88x to 44.23x 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$0.08 | CA$14.45 | x |
| 2019-12-31 | CA$0.59 | CA$14.45 | x |
| 2020-12-31 | CA$0.56 | CA$14.45 | x |
| 2021-12-31 | CA$0.21 | CA$14.45 | x |
| 2022-12-31 | CA$0.44 | CA$14.45 | x |
| 2023-12-31 | CA$0.25 | CA$14.45 | x |
| 2024-12-31 | CA$0.76 | CA$14.45 | x |
| 2025-12-31 | CA$0.33 | CA$14.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Montage Gold Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -43.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 6.27x
- Recent ROE (-43.25%) is above the historical average (-47.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -80.03% | 0.00% | 0.00x | 1.01x | CA$-5.11 Million |
| 2019 | -24.04% | 0.00% | 0.00x | 1.04x | CA$-7.16 Million |
| 2020 | -23.30% | 0.00% | 0.00x | 1.05x | CA$-14.85 Million |
| 2021 | -105.18% | 0.00% | 0.00x | 1.05x | CA$-25.70 Million |
| 2022 | -19.65% | 0.00% | 0.00x | 1.04x | CA$-14.76 Million |
| 2023 | -55.07% | 0.00% | 0.00x | 1.03x | CA$-28.85 Million |
| 2024 | -32.96% | 0.00% | 0.00x | 1.79x | CA$-88.19 Million |
| 2025 | -43.25% | 0.00% | 0.00x | 6.27x | CA$-62.11 Million |
Industry Comparison
This section compares Montage Gold Corp.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $677,650,424
- Average return on equity (ROE) among peers: -20.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Montage Gold Corp. (MAU) | CA$454.69 Million | -80.03% | 1.86x | $4.23 Billion |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $2.40 Billion |
| Abcourt Mines Inc. (ABI) | $-3.13 Million | 0.00% | 0.00x | $47.48 Million |
| Barrick Gold Corp (ABX) | $3.85 Billion | 10.41% | 0.78x | $61.83 Billion |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $133.41 Million |
| Agnico Eagle Mines Limited (AEM) | $110.01 Million | 9.00% | 1.33x | $85.78 Billion |
| Alamos Gold Inc (AGI) | $2.70 Billion | 3.57% | 0.26x | $11.51 Billion |
| AIS Resources Ltd (AIS) | $2.27 Million | 1.48% | 0.03x | $2.02 Million |
| Alliance Mining Corp (ALM) | $-2.44 Million | 0.00% | 0.00x | $2.09 Million |
| Altamira Gold Corp (ALTA) | $2.59 Million | -43.05% | 0.10x | $38.63 Million |
| Almaden Minerals Ltd (AMM) | $9.85 Million | -13.46% | 0.05x | $24.82 Million |
About Montage Gold Corp.
Montage Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Africa. It explores for gold, nickel, cobalt, copper, lithium, tantalum, niobium, and beryllium deposits. The company's flagship property is the 90% owned Koné Gold project located in the Côte d'Ivoire, West Africa. Montage Gold Corp. was incorporated in 2019 and is headquartered in Vancouver, Can… Read more