Evergold Corp (EVER) - Net Assets
Based on the latest financial reports, Evergold Corp (EVER) has net assets worth CA$79.39K CAD (≈ $57.43K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$168.62K ≈ $121.97K USD) and total liabilities (CA$89.23K ≈ $64.55K 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. Read EVER liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$79.39K |
| % of Total Assets | 47.08% |
| Annual Growth Rate | -27.55% |
| 5-Year Change | -79.43% |
| 10-Year Change | N/A |
| Growth Volatility | 480.95 |
Evergold Corp - Net Assets Trend (2017–2024)
This chart illustrates how Evergold Corp's net assets have evolved over time, based on quarterly financial data. Also explore Evergold Corp total assets for the complete picture of this company's asset base.
Annual Net Assets for Evergold Corp (2017–2024)
The table below shows the annual net assets of Evergold Corp from 2017 to 2024. For live valuation and market cap data, see Evergold Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$44.11K ≈ $31.91K |
-87.36% |
| 2023-12-31 | CA$348.88K ≈ $252.38K |
-52.63% |
| 2022-12-31 | CA$736.47K ≈ $532.75K |
-73.58% |
| 2021-12-31 | CA$2.79 Million ≈ $2.02 Million |
+1200.17% |
| 2020-12-31 | CA$214.41K ≈ $155.10K |
-90.80% |
| 2019-12-31 | CA$2.33 Million ≈ $1.69 Million |
+713.55% |
| 2018-12-31 | CA$286.38K ≈ $207.17K |
-31.98% |
| 2017-12-31 | CA$421.05K ≈ $304.58K |
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Equity Component Analysis
This analysis shows how different components contribute to Evergold 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 1405976500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$14.92 Million | 33828.12% |
| Total Equity | CA$44.11K | 100.00% |
Evergold Corp Competitors by Market Cap
The table below lists competitors of Evergold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HYDRIX Ltd
AU:HYD
|
$2.70 Million |
|
VR Resources Ltd
V:VRR
|
$2.70 Million |
|
Montanaro European Smaller Companies Trust plc
LSE:MTE
|
$2.70 Million |
|
Octava Minerals Ltd
AU:OCT
|
$2.71 Million |
|
Performance One AG
XETRA:PO1
|
$2.70 Million |
|
Laxmi Cotspin Limited
NSE:LAXMICOT
|
$2.70 Million |
|
JonDeTech Sensors
ST:JDT
|
$2.69 Million |
|
Empire Metals Limited
LSE:EEE
|
$2.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Evergold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 348,884 to 44,106, a change of -304,778 (-87.4%).
- Net loss of 1,463,265 reduced equity.
- New share issuances of 718,343 increased equity.
- Other factors increased equity by 440,144.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.46 Million | -3317.61% |
| Share Issuances | CA$718.34K | +1628.67% |
| Other Changes | CA$440.14K | +997.92% |
| Total Change | CA$- | -87.36% |
Book Value vs Market Value Analysis
This analysis compares Evergold 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: 1711.21x
- 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 60.76x to 1711.21x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CA$0.01 | CA$0.63 | x |
| 2019-12-31 | CA$0.08 | CA$0.63 | x |
| 2020-12-31 | CA$0.01 | CA$0.63 | x |
| 2021-12-31 | CA$0.04 | CA$0.63 | x |
| 2022-12-31 | CA$0.01 | CA$0.63 | x |
| 2023-12-31 | CA$0.00 | CA$0.63 | x |
| 2024-12-31 | CA$0.00 | CA$0.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Evergold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3317.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 6.59x
- Recent ROE (-3317.61%) is below the historical average (-883.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -77.12% | 0.00% | 0.00x | 1.00x | CA$-366.82K |
| 2018 | -47.02% | 0.00% | 0.00x | 1.18x | CA$-163.30K |
| 2019 | -51.64% | 0.00% | 0.00x | 1.04x | CA$-1.44 Million |
| 2020 | -2667.59% | 0.00% | 0.00x | 1.88x | CA$-5.74 Million |
| 2021 | -171.29% | 0.00% | 0.00x | 1.13x | CA$-5.05 Million |
| 2022 | -279.19% | 0.00% | 0.00x | 1.06x | CA$-2.13 Million |
| 2023 | -453.48% | 0.00% | 0.00x | 1.19x | CA$-1.62 Million |
| 2024 | -3317.61% | 0.00% | 0.00x | 6.59x | CA$-1.47 Million |
Industry Comparison
This section compares Evergold Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Evergold Corp (EVER) | CA$79.39K | -77.12% | 1.12x | $2.70 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Evergold Corp
Evergold Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for gold, silver, zinc, lead, and copper deposits. Its flagship property is its 100% owned DEM Property that covers an area of 12,728 hectare located in central British Columbia; and 100% owned Golden Lion Property that covers an area of 5,… Read more