Blue Star Gold Corp (BAU) - Net Assets
Based on the latest financial reports, Blue Star Gold Corp (BAU) has net assets worth CA$4.16 Million CAD (≈ $3.01 Million USD) as of May 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.24 Million ≈ $5.23 Million USD) and total liabilities (CA$3.08 Million ≈ $2.23 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. Check tangible net worth ratio of Blue Star Gold Corp to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$4.16 Million |
| % of Total Assets | 57.44% |
| Annual Growth Rate | 5.93% |
| 5-Year Change | -71.14% |
| 10-Year Change | 35.19% |
| Growth Volatility | 101.75 |
Blue Star Gold Corp - Net Assets Trend (2008–2024)
This chart illustrates how Blue Star Gold Corp's net assets have evolved over time, based on quarterly financial data. See how many days can Blue Star Gold Corp fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Blue Star Gold Corp (2008–2024)
The table below shows the annual net assets of Blue Star Gold Corp from 2008 to 2024. For live valuation and market cap data, see market cap of Blue Star Gold Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$1.79 Million ≈ $1.30 Million |
-94.06% |
| 2023-11-30 | CA$30.21 Million ≈ $21.85 Million |
+20.60% |
| 2022-11-30 | CA$25.05 Million ≈ $18.12 Million |
+20.16% |
| 2021-11-30 | CA$20.85 Million ≈ $15.08 Million |
+235.47% |
| 2020-11-30 | CA$6.21 Million ≈ $4.50 Million |
+225.50% |
| 2019-11-30 | CA$1.91 Million ≈ $1.38 Million |
-5.15% |
| 2018-11-30 | CA$2.01 Million ≈ $1.46 Million |
+69.12% |
| 2017-11-30 | CA$1.19 Million ≈ $860.94K |
-34.61% |
| 2016-11-30 | CA$1.82 Million ≈ $1.32 Million |
+37.21% |
| 2015-11-30 | CA$1.33 Million ≈ $959.59K |
+9.71% |
| 2014-11-30 | CA$1.21 Million ≈ $874.69K |
+427.23% |
| 2013-11-30 | CA$-369.52K ≈ $-267.30K |
-126.83% |
| 2012-11-30 | CA$1.38 Million ≈ $996.12K |
-43.18% |
| 2011-11-30 | CA$2.42 Million ≈ $1.75 Million |
+66.31% |
| 2010-11-30 | CA$1.46 Million ≈ $1.05 Million |
+164.78% |
| 2009-11-30 | CA$550.36K ≈ $398.12K |
-22.84% |
| 2008-11-30 | CA$713.25K ≈ $515.95K |
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Equity Component Analysis
This analysis shows how different components contribute to Blue Star 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 5077256200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$52.60 Million | 2933.01% |
| Total Equity | CA$1.79 Million | 100.00% |
Blue Star Gold Corp Competitors by Market Cap
The table below lists competitors of Blue Star Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
K-One Technology Bhd
KLSE:0111
|
$22.98 Million |
|
Global Uranium and Enrichment Ltd
AU:GUE
|
$22.99 Million |
|
System and Application Technologies Co. Ltd
KQ:060540
|
$22.99 Million |
|
SynCore Biotechnology Co Ltd
TWO:4192
|
$22.99 Million |
|
LM Pay Spolka Akcyjna
F:Y00
|
$22.97 Million |
|
Veris Ltd
AU:VRS
|
$22.96 Million |
|
PUC Bhd
KLSE:0007
|
$22.96 Million |
|
Giyani Metals Corp
V:EMM
|
$22.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blue Star Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,211,312 to 1,793,301, a change of -28,418,011 (-94.1%).
- Net loss of 7,743,745 reduced equity.
- New share issuances of 3,542,500 increased equity.
- Other comprehensive income decreased equity by 3,636,703.
- Other factors decreased equity by 20,580,063.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-7.74 Million | -431.82% |
| Share Issuances | CA$3.54 Million | +197.54% |
| Other Comprehensive Income | CA$-3.64 Million | -202.79% |
| Other Changes | CA$-20.58 Million | -1147.61% |
| Total Change | CA$- | -94.06% |
Book Value vs Market Value Analysis
This analysis compares Blue Star 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: 12.15x
- 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 0.15x to 12.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-11-30 | CA$1.39 | CA$0.21 | x |
| 2009-11-30 | CA$3.32 | CA$0.21 | x |
| 2010-11-30 | CA$2.28 | CA$0.21 | x |
| 2011-11-30 | CA$2.26 | CA$0.21 | x |
| 2012-11-30 | CA$0.93 | CA$0.21 | x |
| 2013-11-30 | CA$-0.12 | CA$0.21 | x |
| 2014-11-30 | CA$0.31 | CA$0.21 | x |
| 2015-11-30 | CA$0.21 | CA$0.21 | x |
| 2016-11-30 | CA$0.21 | CA$0.21 | x |
| 2017-11-30 | CA$0.12 | CA$0.21 | x |
| 2018-11-30 | CA$0.17 | CA$0.21 | x |
| 2019-11-30 | CA$0.15 | CA$0.21 | x |
| 2020-11-30 | CA$0.42 | CA$0.21 | x |
| 2021-11-30 | CA$0.56 | CA$0.21 | x |
| 2022-11-30 | CA$0.45 | CA$0.21 | x |
| 2023-11-30 | CA$0.44 | CA$0.21 | x |
| 2024-11-30 | CA$0.02 | CA$0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blue Star Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -431.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.04x
- Recent ROE (-431.82%) is below the historical average (-59.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -2.90% | 0.00% | 0.00x | 1.03x | CA$-92.03K |
| 2009 | -24.14% | 0.00% | 0.00x | 1.03x | CA$-187.92K |
| 2010 | -34.44% | 0.00% | 0.00x | 1.05x | CA$-647.54K |
| 2011 | -8.57% | 0.00% | 0.00x | 1.12x | CA$-450.03K |
| 2012 | -115.04% | 0.00% | 0.00x | 1.15x | CA$-1.72 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.72 Million |
| 2014 | -38.64% | 0.00% | 0.00x | 1.20x | CA$-588.12K |
| 2015 | -83.59% | 0.00% | 0.00x | 1.50x | CA$-1.24 Million |
| 2016 | -36.80% | 0.00% | 0.00x | 1.31x | CA$-851.74K |
| 2017 | -52.93% | 0.00% | 0.00x | 1.75x | CA$-748.99K |
| 2018 | -32.80% | 0.00% | 0.00x | 1.29x | CA$-861.55K |
| 2019 | -72.75% | 0.00% | 0.00x | 3.31x | CA$-1.58 Million |
| 2020 | -41.54% | 0.00% | 0.00x | 2.38x | CA$-3.20 Million |
| 2021 | -17.65% | 0.00% | 0.00x | 1.14x | CA$-5.76 Million |
| 2022 | -5.85% | 0.00% | 0.00x | 1.11x | CA$-3.97 Million |
| 2023 | -8.38% | 0.00% | 0.00x | 1.08x | CA$-5.55 Million |
| 2024 | -431.82% | 0.00% | 0.00x | 3.04x | CA$-7.92 Million |
Industry Comparison
This section compares Blue Star Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,457,076,334
- Average return on equity (ROE) among peers: -12.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blue Star Gold Corp (BAU) | CA$4.16 Million | -2.90% | 0.74x | $22.97 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.29 Billion |
| Abcourt Mines Inc. (ABI) | $3.33 Million | -20.67% | 0.04x | $77.46 Million |
| Barrick Gold Corp (ABX) | $32.31 Billion | 6.26% | 0.45x | $70.55 Billion |
| American Eagle Gold Corp (AE) | $35.20 Million | -22.32% | 0.04x | $142.56 Million |
| Agnico Eagle Mines Limited (AEM) | $2.06 Billion | 6.77% | 0.33x | $86.35 Billion |
| Alamos Gold Inc (AGI) | $25.69 Million | -7.53% | 0.11x | $15.94 Billion |
| AIS Resources Ltd (AIS) | $479.48K | -11.79% | 0.06x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $24.24 Million | -6.73% | 0.03x | $41.82 Million |
| Almaden Minerals Ltd (AMM) | $5.18 Million | -58.59% | 0.09x | $24.82 Million |
About Blue Star Gold Corp
Blue Star Gold Corp. engages in the acquiring, exploring, and evaluating mineral properties in Canada. Its flagship asset is the Ulu Gold Project that comprise the Ulu Mining Lease and the contiguous Hood River Property that covers an area of approximately 12,000 hectares located in the Kitikmeot Region of western Nunavut, Canada. The company was formerly known as WPC Resources Inc. and changed i… Read more