1911 Gold Corp Net Assets
1911 Gold Corp net assets. Based on the latest financial reports, 1911 Gold Corp (AUMB) has net assets worth CA$35.74 Million CAD (≈ $25.86 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$71.39 Million ≈ $51.64 Million USD) and total liabilities (CA$35.65 Million ≈ $25.79 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 how fast is 1911 Gold Corp growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$35.74 Million |
| % of Total Assets | 50.07% |
| Annual Growth Rate | -3.63% |
| 5-Year Change | 16.29% |
| 10-Year Change | N/A |
| Growth Volatility | 18.5 |
Net Assets of 1911 Gold Corp (2017–2025)
Net assets of 1911 Gold Corp from 2017 to 2025. This chart illustrates how 1911 Gold Corp's net assets have evolved over time, based on quarterly financial data. See net asset quality index of 1911 Gold Corp to measure how much of total assets are equity-financed.
Annual Net Assets for 1911 Gold Corp (2017–2025)
The table below shows the annual net assets of 1911 Gold Corp from 2017 to 2025. For live market cap and overall valuation, see AUMB market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$45.68 Million ≈ $33.05 Million |
+34.09% |
| 2024-12-31 | CA$34.07 Million ≈ $24.65 Million |
+11.62% |
| 2023-12-31 | CA$30.52 Million ≈ $22.08 Million |
+8.29% |
| 2022-12-31 | CA$28.19 Million ≈ $20.39 Million |
-28.25% |
| 2021-12-31 | CA$39.28 Million ≈ $28.42 Million |
-5.69% |
| 2020-12-31 | CA$41.65 Million ≈ $30.13 Million |
-4.38% |
| 2019-12-31 | CA$43.56 Million ≈ $31.51 Million |
-9.87% |
| 2018-12-31 | CA$48.33 Million ≈ $34.96 Million |
-21.32% |
| 2017-12-31 | CA$61.43 Million ≈ $44.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to 1911 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 9924200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
1911 Gold Corp Net Assets Breakdown (December 2025)
1911 Gold Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$212.85 Million | 465.91% |
| Total Equity | CA$45.68 Million | 100.00% |
1911 Gold Corp Competitors by Market Cap
The table below lists competitors of 1911 Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Repro Med Systems Inc
NASDAQ:KRMD
|
$142.39 Million |
|
Protara Therapeutics Inc
NASDAQ:TARA
|
$142.42 Million |
|
Clarus Corp
NASDAQ:CLAR
|
$142.43 Million |
|
Uttam Sugar Mills Limited
NSE:UTTAMSUGAR
|
$142.48 Million |
|
Gs Global
KO:001250
|
$142.28 Million |
|
K2 Capital Acquisition Corporation
NASDAQ:KTWO
|
$142.26 Million |
|
ABC Taiwan Electronics
TWO:3236
|
$142.25 Million |
|
Federal Agricultural Mortgage Corporation
NYSE:AGM-A
|
$142.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 1911 Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 34,070,000 to 45,684,000, a change of 11,614,000 (34.1%).
- Net loss of 25,322,000 reduced equity.
- New share issuances of 36,226,000 increased equity.
- Other factors increased equity by 710,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-25.32 Million | -55.43% |
| Share Issuances | CA$36.23 Million | +79.3% |
| Other Changes | CA$710.00K | +1.55% |
| Total Change | CA$- | 34.09% |
Book Value vs Market Value Analysis
This analysis compares 1911 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: 3.69x
- 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 0.24x to 3.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$2.34 | CA$0.55 | x |
| 2018-12-31 | CA$1.74 | CA$0.55 | x |
| 2019-12-31 | CA$1.20 | CA$0.55 | x |
| 2020-12-31 | CA$0.99 | CA$0.55 | x |
| 2021-12-31 | CA$0.84 | CA$0.55 | x |
| 2022-12-31 | CA$0.41 | CA$0.55 | x |
| 2023-12-31 | CA$0.44 | CA$0.55 | x |
| 2024-12-31 | CA$0.18 | CA$0.55 | x |
| 2025-12-31 | CA$0.15 | CA$0.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 1911 Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -55.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.32x
- Recent ROE (-55.43%) is below the historical average (-35.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -83.34% | -121.39% | 0.57x | 1.21x | CA$-57.34 Million |
| 2018 | -68.51% | -184.00% | 0.34x | 1.08x | CA$-37.94 Million |
| 2019 | -17.99% | -63.80% | 0.25x | 1.11x | CA$-12.19 Million |
| 2020 | -14.65% | -56.66% | 0.23x | 1.14x | CA$-10.27 Million |
| 2021 | -22.30% | -90.63% | 0.21x | 1.16x | CA$-12.69 Million |
| 2022 | -40.40% | -193.52% | 0.17x | 1.21x | CA$-14.21 Million |
| 2023 | -6.57% | -274.42% | 0.02x | 1.17x | CA$-5.06 Million |
| 2024 | -14.08% | 0.00% | 0.00x | 1.16x | CA$-8.20 Million |
| 2025 | -55.43% | 0.00% | 0.00x | 1.32x | CA$-29.89 Million |
Industry Comparison
This section compares 1911 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 |
|---|---|---|---|---|
| 1911 Gold Corp (AUMB) | CA$35.74 Million | -83.34% | 1.00x | $142.38 Million |
| 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 1911 Gold Corp
1911 Gold Corporation, together with its subsidiaries, engages in the exploration and extraction of precious metals. It primarily explores gold. The company's main asset is the Rice Lake property in Manitoba, which covers 61,647 hectares covering the Archean Rice Lake greenstone belt in Manitoba. It also owns interests in the True North mine and mill complex located in Bissett, Manitoba; and the … Read more