Galantas Gold Corp (GAL) - Net Assets

Latest as of September 2025: CA$4.04 Million CAD ≈ $2.92 Million USD

Based on the latest financial reports, Galantas Gold Corp (GAL) has net assets worth CA$4.04 Million CAD (≈ $2.92 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.94 Million ≈ $5.75 Million USD) and total liabilities (CA$3.91 Million ≈ $2.83 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 Galantas Gold Corp (GAL) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$4.04 Million
% of Total Assets 50.8%
Annual Growth Rate 22.48%
5-Year Change -19.21%
10-Year Change 57.09%
Growth Volatility 933.56

Galantas Gold Corp - Net Assets Trend (2001–2024)

This chart illustrates how Galantas Gold Corp's net assets have evolved over time, based on quarterly financial data. See Galantas Gold Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Galantas Gold Corp (2001–2024)

The table below shows the annual net assets of Galantas Gold Corp from 2001 to 2024. For live valuation and market cap data, see GAL market cap overview.

Year Net Assets Change
2024-12-31 CA$11.41 Million
≈ $8.25 Million		 +0.46%
2023-12-31 CA$11.36 Million
≈ $8.22 Million		 -22.82%
2022-12-31 CA$14.71 Million
≈ $10.64 Million		 -24.11%
2021-12-31 CA$19.39 Million
≈ $14.03 Million		 +37.30%
2020-12-31 CA$14.12 Million
≈ $10.22 Million		 -0.71%
2019-12-31 CA$14.22 Million
≈ $10.29 Million		 -10.20%
2018-12-31 CA$15.84 Million
≈ $11.46 Million		 +85.24%
2017-12-31 CA$8.55 Million
≈ $6.18 Million		 +30.17%
2016-12-31 CA$6.57 Million
≈ $4.75 Million		 -9.57%
2015-12-31 CA$7.26 Million
≈ $5.25 Million		 +43.91%
2014-12-31 CA$5.05 Million
≈ $3.65 Million		 -36.99%
2013-12-31 CA$8.01 Million
≈ $5.79 Million		 -12.37%
2012-12-31 CA$9.14 Million
≈ $6.61 Million		 +21.96%
2011-12-31 CA$7.50 Million
≈ $5.42 Million		 -20.79%
2010-12-31 CA$9.46 Million
≈ $6.84 Million		 +53.51%
2009-12-31 CA$6.16 Million
≈ $4.46 Million		 -49.68%
2008-12-31 CA$12.25 Million
≈ $8.86 Million		 -20.66%
2007-12-31 CA$15.44 Million
≈ $11.17 Million		 +15.00%
2006-12-31 CA$13.42 Million
≈ $9.71 Million		 +219.40%
2005-12-31 CA$4.20 Million
≈ $3.04 Million		 -16.00%
2004-12-31 CA$5.00 Million
≈ $3.62 Million		 -6.44%
2003-12-31 CA$5.35 Million
≈ $3.87 Million		 +6.20%
2002-12-31 CA$5.04 Million
≈ $3.64 Million		 +4583.11%
2001-12-31 CA$107.54K
≈ $77.79K		 --

Equity Component Analysis

This analysis shows how different components contribute to Galantas 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 7199663200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CA$91.93 Million 805.72%
Total Equity CA$11.41 Million 100.00%

Galantas Gold Corp Competitors by Market Cap

The table below lists competitors of Galantas Gold Corp ranked by their market capitalization.

Company Market Cap
Atlantic International Corp. Common Stock
NASDAQ:ATLN
 $105.55 Million
Patria Bank SA
RO:PBK
 $105.59 Million
GRP Limited
NSE:GRPLTD
 $105.62 Million
GSD Holding AS
IS:GSDHO
 $105.63 Million
FG Merger II Corp. Common stock
NASDAQ:FGMC
 $105.53 Million
Lemonsoft Oyj
HE:LEMON
 $105.53 Million
DEVEX Resources Ltd
AU:DEV
 $105.51 Million
GBM Resources Ltd
AU:GBZ
 $105.50 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Galantas Gold Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 11,357,156 to 11,409,709, a change of 52,553 (0.5%).
  • Net loss of 1,488,684 reduced equity.
  • Other comprehensive income decreased equity by 18,579,466.
  • Other factors increased equity by 20,120,703.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-1.49 Million -13.05%
Other Comprehensive Income CA$-18.58 Million -162.84%
Other Changes CA$20.12 Million +176.35%
Total Change CA$- 0.46%

Book Value vs Market Value Analysis

This analysis compares Galantas 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: 4.73x
  • 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 2.80x to 4.73x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 CA$0.17 CA$0.47 x
2002-12-31 CA$7.02 CA$0.47 x
2003-12-31 CA$3.34 CA$0.47 x
2004-12-31 CA$2.82 CA$0.47 x
2005-12-31 CA$1.66 CA$0.47 x
2006-12-31 CA$4.60 CA$0.47 x
2007-12-31 CA$4.57 CA$0.47 x
2008-12-31 CA$3.48 CA$0.47 x
2009-12-31 CA$1.62 CA$0.47 x
2010-12-31 CA$2.22 CA$0.47 x
2011-12-31 CA$1.59 CA$0.47 x
2012-12-31 CA$1.85 CA$0.47 x
2013-12-31 CA$1.56 CA$0.47 x
2014-12-31 CA$0.75 CA$0.47 x
2015-12-31 CA$0.77 CA$0.47 x
2016-12-31 CA$0.53 CA$0.47 x
2017-12-31 CA$0.52 CA$0.47 x
2018-12-31 CA$0.80 CA$0.47 x
2019-12-31 CA$0.46 CA$0.47 x
2020-12-31 CA$0.41 CA$0.47 x
2021-12-31 CA$0.30 CA$0.47 x
2022-12-31 CA$0.16 CA$0.47 x
2023-12-31 CA$0.10 CA$0.47 x
2024-12-31 CA$0.10 CA$0.47 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Galantas 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): -13.05%
  • 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: 3.16x
  • Recent ROE (-13.05%) is above the historical average (-38.10%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 -253.90% 0.00% 0.00x 4.94x CA$-283.80K
2002 -7.42% -390.15% 0.02x 1.10x CA$-877.06K
2003 -12.64% -300.62% 0.04x 1.15x CA$-1.21 Million
2004 -23.72% -674.88% 0.03x 1.11x CA$-1.69 Million
2005 -0.45% -79.17% 0.01x 1.11x CA$-439.30K
2006 -7.41% -2185.00% 0.00x 1.16x CA$-2.34 Million
2007 -14.04% -331.23% 0.03x 1.32x CA$-3.71 Million
2008 -20.01% -55.66% 0.24x 1.50x CA$-3.68 Million
2009 -103.21% -117.59% 0.45x 1.94x CA$-6.98 Million
2010 10.41% 14.42% 0.49x 1.48x CA$39.05K
2011 21.49% 16.97% 0.67x 1.88x CA$861.46K
2012 -6.50% -12.75% 0.33x 1.53x CA$-1.51 Million
2013 -24.27% -126.96% 0.11x 1.67x CA$-2.75 Million
2014 -104.31% -63186.83% 0.00x 1.97x CA$-5.77 Million
2015 -24.69% -2213.98% 0.01x 1.86x CA$-2.52 Million
2016 -24.56% -2178.13% 0.01x 1.66x CA$-2.27 Million
2017 -24.31% -5885.75% 0.00x 1.61x CA$-2.93 Million
2018 -18.22% -4050.13% 0.00x 1.53x CA$-4.47 Million
2019 -25.06% -61586.20% 0.00x 1.74x CA$-4.99 Million
2020 -22.86% 0.00% 0.00x 1.68x CA$-4.64 Million
2021 -27.26% 0.00% 0.00x 1.56x CA$-7.22 Million
2022 -113.04% 0.00% 0.00x 2.06x CA$-18.11 Million
2023 -75.44% 0.00% 0.00x 2.87x CA$-9.70 Million
2024 -13.05% 0.00% 0.00x 3.16x CA$-2.63 Million

Industry Comparison

This section compares Galantas 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
Galantas Gold Corp (GAL) CA$4.04 Million -253.90% 0.97x $105.54 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 Galantas Gold Corp

V:GAL Canada Gold
Market Cap
$156.01 Million
CA$215.67 Million CAD
Market Cap Rank
#19029 Global
#639 in Canada
Share Price
CA$0.47
Change (1 day)
-5.05%
52-Week Range
CA$0.06 - CA$0.61
All Time High
CA$1.80
Categories
Companies in Canada Gold
About

Galantas Gold Corporation engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, zinc, copper, and lead deposits. The company owns and operates the Omagh Gold Project, which covers an area of 189 square kilometers located in Northern Ireland. It also has an option agreement to acquire a 100% interest in the Gairloch Project, covering 217 squa… Read more