Engineer Gold Mines Ltd (EAU) - Net Assets
Based on the latest financial reports, Engineer Gold Mines Ltd (EAU) has net assets worth CA$3.76 Million CAD (≈ $2.72 Million USD) as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.47 Million ≈ $3.23 Million USD) and total liabilities (CA$708.84K ≈ $512.77K 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 EAU tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$3.76 Million |
| % of Total Assets | 84.13% |
| Annual Growth Rate | 13.1% |
| 5-Year Change | -15.33% |
| 10-Year Change | N/A |
| Growth Volatility | 26.8 |
Engineer Gold Mines Ltd - Net Assets Trend (2018–2025)
This chart illustrates how Engineer Gold Mines Ltd's net assets have evolved over time, based on quarterly financial data. See EAU defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Engineer Gold Mines Ltd (2018–2025)
The table below shows the annual net assets of Engineer Gold Mines Ltd from 2018 to 2025. For live valuation and market cap data, see EAU market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | CA$3.79 Million ≈ $2.74 Million |
-3.22% |
| 2024-11-30 | CA$3.91 Million ≈ $2.83 Million |
-4.80% |
| 2023-11-30 | CA$4.11 Million ≈ $2.97 Million |
-4.02% |
| 2022-11-30 | CA$4.28 Million ≈ $3.10 Million |
-4.26% |
| 2021-11-30 | CA$4.47 Million ≈ $3.24 Million |
+40.22% |
| 2020-11-30 | CA$3.19 Million ≈ $2.31 Million |
+17.87% |
| 2019-11-30 | CA$2.71 Million ≈ $1.96 Million |
+69.15% |
| 2018-11-30 | CA$1.60 Million ≈ $1.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Engineer Gold Mines Ltd'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 297661200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$7.31 Million | 192.98% |
| Total Equity | CA$3.79 Million | 100.00% |
Engineer Gold Mines Ltd Competitors by Market Cap
The table below lists competitors of Engineer Gold Mines Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avrupa Minerals Ltd
V:AVU
|
$3.03 Million |
|
TOMCO ENERGY POST CON.
F:NI41
|
$3.03 Million |
|
River Tech plc
OL:RIVER
|
$3.03 Million |
|
HiteJinro Holdings Co Ltd
KO:000145
|
$3.03 Million |
|
Mid Wynd International Investment Trust plc
LSE:MWY
|
$3.02 Million |
|
St James Gold Corp
V:LORD
|
$3.01 Million |
|
8COMMON Ltd
AU:8CO
|
$3.01 Million |
|
Guard Therapeutics International AB
ST:GUARD
|
$3.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Engineer Gold Mines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,912,966 to 3,787,124, a change of -125,842 (-3.2%).
- Net loss of 125,842 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-125.84K | -3.32% |
| Total Change | CA$- | -3.22% |
Book Value vs Market Value Analysis
This analysis compares Engineer Gold Mines Ltd'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: 1.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.05x to 1.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-11-30 | CA$0.08 | CA$0.16 | x |
| 2019-11-30 | CA$0.08 | CA$0.16 | x |
| 2020-11-30 | CA$0.05 | CA$0.16 | x |
| 2021-11-30 | CA$0.05 | CA$0.16 | x |
| 2022-11-30 | CA$0.04 | CA$0.16 | x |
| 2023-11-30 | CA$0.16 | CA$0.16 | x |
| 2024-11-30 | CA$0.15 | CA$0.16 | x |
| 2025-11-30 | CA$0.15 | CA$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Engineer Gold Mines Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.19x
- Recent ROE (-3.32%) is above the historical average (-16.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -40.85% | 0.00% | 0.00x | 1.12x | CA$-813.58K |
| 2019 | -25.29% | 0.00% | 0.00x | 1.17x | CA$-954.98K |
| 2020 | -30.60% | 0.00% | 0.00x | 1.17x | CA$-1.30 Million |
| 2021 | -9.49% | 0.00% | 0.00x | 1.07x | CA$-871.84K |
| 2022 | -7.97% | 0.00% | 0.00x | 1.08x | CA$-769.52K |
| 2023 | -5.53% | 0.00% | 0.00x | 1.09x | CA$-638.33K |
| 2024 | -5.04% | 0.00% | 0.00x | 1.15x | CA$-588.44K |
| 2025 | -3.32% | 0.00% | 0.00x | 1.19x | CA$-504.55K |
Industry Comparison
This section compares Engineer Gold Mines Ltd'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 |
|---|---|---|---|---|
| Engineer Gold Mines Ltd (EAU) | CA$3.76 Million | -40.85% | 0.19x | $3.02 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 Engineer Gold Mines Ltd
Engineer Gold Mines Ltd., an exploration stage junior mining company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold and silver deposits. Its flagship property is the Engineer Gold Mine property, which consists of 47 mineral exploration claims and 6 crown grants covering an area of approximately 14,… Read more