Goldcliff Resource Corp (GCN) - Net Assets

Latest as of January 2026: CA$724.28K CAD ≈ $523.93K USD

Based on the latest financial reports, Goldcliff Resource Corp (GCN) has net assets worth CA$724.28K CAD (≈ $523.93K USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.87 Million ≈ $1.36 Million USD) and total liabilities (CA$1.15 Million ≈ $832.17K 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 Goldcliff Resource Corp (GCN) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$724.28K
% of Total Assets 38.64%
Annual Growth Rate -3.86%
5-Year Change -69.13%
10-Year Change -57.37%
Growth Volatility 609.47

Goldcliff Resource Corp - Net Assets Trend (2001–2025)

This chart illustrates how Goldcliff Resource Corp's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Goldcliff Resource Corp to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Goldcliff Resource Corp (2001–2025)

The table below shows the annual net assets of Goldcliff Resource Corp from 2001 to 2025. For live valuation and market cap data, see Goldcliff Resource Corp (GCN) market capitalisation.

Year Net Assets Change
2025-10-31 CA$401.40K
≈ $290.37K		 -23.05%
2024-10-31 CA$521.65K
≈ $377.36K		 -16.95%
2023-10-31 CA$628.09K
≈ $454.35K		 +2.01%
2022-10-31 CA$615.71K
≈ $445.39K		 -52.64%
2021-10-31 CA$1.30 Million
≈ $940.46K		 -23.21%
2020-10-31 CA$1.69 Million
≈ $1.22 Million		 +31.26%
2019-10-31 CA$1.29 Million
≈ $933.02K		 +2783.14%
2018-10-31 CA$44.74K
≈ $32.36K		 -80.16%
2017-10-31 CA$225.48K
≈ $163.11K		 -76.05%
2016-10-31 CA$941.58K
≈ $681.13K		 +261.33%
2015-10-31 CA$-583.65K
≈ $-422.20K		 -17.55%
2014-10-31 CA$-496.50K
≈ $-359.16K		 -39.32%
2013-10-31 CA$-356.38K
≈ $-257.80K		 -24.65%
2012-10-31 CA$-285.92K
≈ $-206.83K		 -104.34%
2011-10-31 CA$6.59 Million
≈ $4.76 Million		 +11.97%
2010-10-31 CA$5.88 Million
≈ $4.25 Million		 -1.80%
2009-10-31 CA$5.99 Million
≈ $4.33 Million		 +19.57%
2008-10-31 CA$5.01 Million
≈ $3.62 Million		 +0.86%
2007-10-31 CA$4.97 Million
≈ $3.59 Million		 +36.66%
2006-10-31 CA$3.63 Million
≈ $2.63 Million		 +60.27%
2005-10-31 CA$2.27 Million
≈ $1.64 Million		 +22.01%
2004-10-31 CA$1.86 Million
≈ $1.34 Million		 +36.53%
2003-10-31 CA$1.36 Million
≈ $984.56K		 +8.49%
2002-10-31 CA$1.25 Million
≈ $907.48K		 +21.47%
2001-10-31 CA$1.03 Million
≈ $747.06K		 --

Equity Component Analysis

This analysis shows how different components contribute to Goldcliff Resource 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 1865530900.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (October 2025)

Component Amount Percentage
Other Components CA$20.70 Million 5157.58%
Total Equity CA$401.40K 100.00%

Goldcliff Resource Corp Competitors by Market Cap

The table below lists competitors of Goldcliff Resource Corp ranked by their market capitalization.

Company Market Cap
Fenbo Holdings Limited Ordinary Shares
NASDAQ:FEBO
 $2.63 Million
Andrews Sykes Group plc
LSE:ASY
 $2.64 Million
Morarjee Textiles Limited
NSE:MORARJEE
 $2.64 Million
POB AG NA O.N.
XETRA:PO1
 $2.64 Million
iMetal Resources Inc
V:IMR
 $2.63 Million
Quebec Precious Metals Corporation
V:QPM
 $2.62 Million
WF International Limited Ordinary Shares
NASDAQ:WXM
 $2.62 Million
CVC Income & Growth Limited
LSE:CVCG
 $2.62 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 521,654 to 401,400, a change of -120,254 (-23.1%).
  • Net loss of 361,301 reduced equity.
  • New share issuances of 344,500 increased equity.
  • Other factors decreased equity by 103,453.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$-361.30K -90.01%
Share Issuances CA$344.50K +85.82%
Other Changes CA$-103.45K -25.77%
Total Change CA$- -23.05%

Book Value vs Market Value Analysis

This analysis compares Goldcliff Resource 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: 8.59x
  • 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 0.04x to 8.59x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-10-31 CA$1.08 CA$0.05 x
2002-10-31 CA$1.01 CA$0.05 x
2003-10-31 CA$0.90 CA$0.05 x
2004-10-31 CA$0.75 CA$0.05 x
2005-10-31 CA$0.80 CA$0.05 x
2006-10-31 CA$1.11 CA$0.05 x
2007-10-31 CA$1.27 CA$0.05 x
2008-10-31 CA$1.12 CA$0.05 x
2009-10-31 CA$1.03 CA$0.05 x
2010-10-31 CA$0.82 CA$0.05 x
2011-10-31 CA$0.75 CA$0.05 x
2012-10-31 CA$-0.03 CA$0.05 x
2013-10-31 CA$-0.04 CA$0.05 x
2014-10-31 CA$-0.05 CA$0.05 x
2015-10-31 CA$-0.06 CA$0.05 x
2016-10-31 CA$0.09 CA$0.05 x
2017-10-31 CA$0.01 CA$0.05 x
2018-10-31 CA$0.00 CA$0.05 x
2019-10-31 CA$0.05 CA$0.05 x
2020-10-31 CA$0.04 CA$0.05 x
2021-10-31 CA$0.03 CA$0.05 x
2022-10-31 CA$0.01 CA$0.05 x
2023-10-31 CA$0.01 CA$0.05 x
2024-10-31 CA$0.01 CA$0.05 x
2025-10-31 CA$0.01 CA$0.05 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Goldcliff Resource 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): -90.01%
  • 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: 3.98x
  • Recent ROE (-90.01%) is below the historical average (-69.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 -5.54% 0.00% 0.00x 1.07x CA$-160.53K
2002 -7.23% 0.00% 0.00x 1.09x CA$-216.18K
2003 -93.35% 0.00% 0.00x 1.11x CA$-1.41 Million
2004 -8.82% 0.00% 0.00x 1.10x CA$-349.69K
2005 -1.59% 0.00% 0.00x 1.01x CA$-262.70K
2006 -5.38% 0.00% 0.00x 1.02x CA$-559.06K
2007 -5.35% 0.00% 0.00x 1.03x CA$-762.55K
2008 -13.81% 0.00% 0.00x 1.13x CA$-1.19 Million
2009 -7.92% 0.00% 0.00x 1.08x CA$-1.07 Million
2010 -10.57% 0.00% 0.00x 1.11x CA$-1.21 Million
2011 -7.42% 0.00% 0.00x 1.16x CA$-1.15 Million
2012 0.00% 0.00% 0.00x 0.00x CA$-578.06K
2013 0.00% 0.00% 0.00x 0.00x CA$-304.01K
2014 0.00% 0.00% 0.00x 0.00x CA$-256.19K
2015 0.00% 0.00% 0.00x 0.00x CA$-53.79K
2016 -20.72% -81.82% 0.22x 1.15x CA$-289.26K
2017 -502.42% 0.00% 0.00x 2.21x CA$-1.16 Million
2018 -462.27% 0.00% 0.00x 11.58x CA$-211.28K
2019 -65.16% 0.00% 0.00x 1.09x CA$-969.47K
2020 -55.17% 0.00% 0.00x 1.09x CA$-1.10 Million
2021 -62.59% 0.00% 0.00x 1.07x CA$-943.68K
2022 -201.05% 0.00% 0.00x 1.39x CA$-1.30 Million
2023 -57.93% 0.00% 0.00x 1.47x CA$-426.66K
2024 -55.12% 0.00% 0.00x 2.29x CA$-339.72K
2025 -90.01% 0.00% 0.00x 3.98x CA$-401.44K

Industry Comparison

This section compares Goldcliff Resource 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
Goldcliff Resource Corp (GCN) CA$724.28K -5.54% 1.59x $2.63 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 Goldcliff Resource Corp

V:GCN Canada Gold
Market Cap
$2.63 Million
CA$3.64 Million CAD
Market Cap Rank
#29551 Global
#1449 in Canada
Share Price
CA$0.05
Change (1 day)
+12.50%
52-Week Range
CA$0.03 - CA$0.10
All Time High
CA$2.00
Categories
Companies in Canada Gold
About

Goldcliff Resource Corporation engages in the acquisition, evaluation, and exploration of assets in Canada and the United States. It primarily explores gold, silver, and copper deposits. The company holds interests in the Ainsworth silver project located in the Ainsworth-Kaslo silver camp, Kootenay mining district, Slocan Mining Division, British Columbia; Panorama Ridge project located in the He… Read more