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 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) and total liabilities (CA$3.08 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$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. Explore and compare other companies by net assets.
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.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$1.79 Million | -94.06% |
| 2023-11-30 | CA$30.21 Million | +20.60% |
| 2022-11-30 | CA$25.05 Million | +20.16% |
| 2021-11-30 | CA$20.85 Million | +235.47% |
| 2020-11-30 | CA$6.21 Million | +225.50% |
| 2019-11-30 | CA$1.91 Million | -5.15% |
| 2018-11-30 | CA$2.01 Million | +69.12% |
| 2017-11-30 | CA$1.19 Million | -34.61% |
| 2016-11-30 | CA$1.82 Million | +37.21% |
| 2015-11-30 | CA$1.33 Million | +9.71% |
| 2014-11-30 | CA$1.21 Million | +427.23% |
| 2013-11-30 | CA$-369.52K | -126.83% |
| 2012-11-30 | CA$1.38 Million | -43.18% |
| 2011-11-30 | CA$2.42 Million | +66.31% |
| 2010-11-30 | CA$1.46 Million | +164.78% |
| 2009-11-30 | CA$550.36K | -22.84% |
| 2008-11-30 | CA$713.25K | -- |
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 |
|---|---|
|
Choo Bee Metal Industries Bhd
KLSE:5797
|
$24.62 Million |
|
Quest Resource Holding Corp
NASDAQ:QRHC
|
$24.63 Million |
|
Nova Leap Health Corp
V:NLH
|
$24.63 Million |
|
FIGENE CAPITAL SA ZY 1
F:20X
|
$24.64 Million |
|
ZENSUN ENTERPRISES LTD.
F:OVZ1
|
$24.61 Million |
|
Kalamazoo Resources Limited
F:KR1
|
$24.61 Million |
|
Sievi Capital Plc
F:WE3
|
$24.60 Million |
|
Hermana Holding ASA
OL:HERMA
|
$24.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blue Star Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,211,312 to 1,793,301, a change of -28,418,011 (-94.1%).
- Net loss of 7,743,745 reduced equity.
- New share issuances of 3,542,500 increased equity.
- Other comprehensive income decreased equity by 3,636,703.
- Other factors decreased equity by 20,580,063.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-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: 13.02x
- 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 0.16x to 13.02x 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$0.23 | x |
| 2009-11-30 | CA$3.32 | CA$0.23 | x |
| 2010-11-30 | CA$2.28 | CA$0.23 | x |
| 2011-11-30 | CA$2.26 | CA$0.23 | x |
| 2012-11-30 | CA$0.93 | CA$0.23 | x |
| 2013-11-30 | CA$-0.12 | CA$0.23 | x |
| 2014-11-30 | CA$0.31 | CA$0.23 | x |
| 2015-11-30 | CA$0.21 | CA$0.23 | x |
| 2016-11-30 | CA$0.21 | CA$0.23 | x |
| 2017-11-30 | CA$0.12 | CA$0.23 | x |
| 2018-11-30 | CA$0.17 | CA$0.23 | x |
| 2019-11-30 | CA$0.15 | CA$0.23 | x |
| 2020-11-30 | CA$0.42 | CA$0.23 | x |
| 2021-11-30 | CA$0.56 | CA$0.23 | x |
| 2022-11-30 | CA$0.45 | CA$0.23 | x |
| 2023-11-30 | CA$0.44 | CA$0.23 | x |
| 2024-11-30 | CA$0.02 | CA$0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blue Star Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -431.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.04x
- Recent ROE (-431.82%) is below the historical average (-59.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -2.90% | 0.00% | 0.00x | 1.03x | CA$-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: $24,072,852
- Average return on equity (ROE) among peers: -15.59%
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 | $24.61 Million |
| Abcourt Mines Inc. (ABI) | $-6.28 Million | 0.00% | 0.00x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $27.09 Million | -2.83% | 0.47x | $3.68 Million |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $148.82 Million |
| Aero Energy Limited (AERO) | $11.66 Million | -21.36% | 0.02x | $9.68 Million |
| AIS Resources Ltd (AIS) | $710.09K | -3.25% | 0.03x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $-778.01K | 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) | $-2.44 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $11.44 Million | -9.87% | 0.03x | $38.60 Million |
| Argus Metals Corp. (AML) | $4.24 Million | -4.26% | 0.13x | $1.59 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