Garibaldi Resources Corp. (GGI) - Net Assets
Based on the latest financial reports, Garibaldi Resources Corp. (GGI) has net assets worth CA$11.97 Million CAD (≈ $8.66 Million USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$15.04 Million ≈ $10.88 Million USD) and total liabilities (CA$3.07 Million ≈ $2.22 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 Garibaldi Resources Corp. liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$11.97 Million |
| % of Total Assets | 79.57% |
| Annual Growth Rate | N/A |
| 5-Year Change | -71.52% |
| 10-Year Change | 44.27% |
| Growth Volatility | 91.2 |
Garibaldi Resources Corp. - Net Assets Trend (2002–2025)
This chart illustrates how Garibaldi Resources Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore Garibaldi Resources Corp. balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Garibaldi Resources Corp. (2002–2025)
The table below shows the annual net assets of Garibaldi Resources Corp. from 2002 to 2025. For live valuation and market cap data, see Garibaldi Resources Corp. (GGI) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | CA$11.59 Million ≈ $8.39 Million |
-70.96% |
| 2024-01-31 | CA$39.93 Million ≈ $28.88 Million |
-1.23% |
| 2023-01-31 | CA$40.42 Million ≈ $29.24 Million |
+1.99% |
| 2022-01-31 | CA$39.63 Million ≈ $28.67 Million |
-2.66% |
| 2021-01-31 | CA$40.71 Million ≈ $29.45 Million |
-3.94% |
| 2020-01-31 | CA$42.38 Million ≈ $30.66 Million |
+3.84% |
| 2019-01-31 | CA$40.81 Million ≈ $29.52 Million |
+54.89% |
| 2018-01-31 | CA$26.35 Million ≈ $19.06 Million |
+227.73% |
| 2017-01-31 | CA$8.04 Million ≈ $5.82 Million |
+0.05% |
| 2016-01-31 | CA$8.04 Million ≈ $5.81 Million |
-3.50% |
| 2015-01-31 | CA$8.33 Million ≈ $6.02 Million |
+0.86% |
| 2014-01-31 | CA$8.26 Million ≈ $5.97 Million |
-26.24% |
| 2013-01-31 | CA$11.20 Million ≈ $8.10 Million |
-21.72% |
| 2012-01-31 | CA$14.30 Million ≈ $10.35 Million |
-26.80% |
| 2011-01-31 | CA$19.54 Million ≈ $14.13 Million |
+50.92% |
| 2010-01-31 | CA$12.95 Million ≈ $9.37 Million |
+133.84% |
| 2009-01-31 | CA$5.54 Million ≈ $4.01 Million |
+5.36% |
| 2008-01-31 | CA$5.25 Million ≈ $3.80 Million |
+15.64% |
| 2007-01-31 | CA$4.54 Million ≈ $3.29 Million |
+312.57% |
| 2006-01-31 | CA$1.10 Million ≈ $796.74K |
+1405.87% |
| 2005-01-31 | CA$-84.34K ≈ $-61.01K |
+90.05% |
| 2004-01-31 | CA$-847.46K ≈ $-613.04K |
-9.81% |
| 2003-01-31 | CA$-771.76K ≈ $-558.28K |
-1.01% |
| 2002-01-31 | CA$-764.07K ≈ $-552.71K |
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Equity Component Analysis
This analysis shows how different components contribute to Garibaldi Resources 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 5626517900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$73.68 Million | 635.54% |
| Total Equity | CA$11.59 Million | 100.00% |
Garibaldi Resources Corp. Competitors by Market Cap
The table below lists competitors of Garibaldi Resources Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pertama Digital Berhad
KLSE:8532
|
$10.45 Million |
|
Scottish American Investment Co
LSE:SAIN
|
$10.45 Million |
|
Standard Industries Limited
NSE:SIL
|
$10.46 Million |
|
BeMetals Corp
V:BMET
|
$10.46 Million |
|
Saga plc
LSE:SAGA
|
$10.44 Million |
|
Centrex Ltd
AU:CXM
|
$10.44 Million |
|
Origin Agritech Limited
STU:39O1
|
$10.43 Million |
|
Kaili Resources Ltd
AU:KLR
|
$10.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Garibaldi Resources Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 39,925,452 to 11,594,096, a change of -28,331,356 (-71.0%).
- Net loss of 28,340,356 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-28.34 Million | -244.44% |
| Other Changes | CA$9.00K | +0.08% |
| Total Change | CA$- | -70.96% |
Book Value vs Market Value Analysis
This analysis compares Garibaldi Resources 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: 1.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-01-31 | CA$-0.25 | CA$0.10 | x |
| 2003-01-31 | CA$-0.19 | CA$0.10 | x |
| 2004-01-31 | CA$-0.21 | CA$0.10 | x |
| 2005-01-31 | CA$-0.01 | CA$0.10 | x |
| 2006-01-31 | CA$0.07 | CA$0.10 | x |
| 2007-01-31 | CA$0.16 | CA$0.10 | x |
| 2008-01-31 | CA$0.14 | CA$0.10 | x |
| 2009-01-31 | CA$0.14 | CA$0.10 | x |
| 2010-01-31 | CA$0.27 | CA$0.10 | x |
| 2011-01-31 | CA$0.39 | CA$0.10 | x |
| 2012-01-31 | CA$0.25 | CA$0.10 | x |
| 2013-01-31 | CA$0.20 | CA$0.10 | x |
| 2014-01-31 | CA$0.14 | CA$0.10 | x |
| 2015-01-31 | CA$0.14 | CA$0.10 | x |
| 2016-01-31 | CA$0.12 | CA$0.10 | x |
| 2017-01-31 | CA$0.11 | CA$0.10 | x |
| 2018-01-31 | CA$0.31 | CA$0.10 | x |
| 2019-01-31 | CA$0.38 | CA$0.10 | x |
| 2020-01-31 | CA$0.38 | CA$0.10 | x |
| 2021-01-31 | CA$0.35 | CA$0.10 | x |
| 2022-01-31 | CA$0.33 | CA$0.10 | x |
| 2023-01-31 | CA$0.32 | CA$0.10 | x |
| 2024-01-31 | CA$0.29 | CA$0.10 | x |
| 2025-01-31 | CA$0.08 | CA$0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Garibaldi Resources 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): -244.44%
- 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: 1.24x
- Recent ROE (-244.44%) is below the historical average (-19.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | -6.71% | 0.48x | 0.00x | CA$21.57K |
| 2003 | 0.00% | -26.46% | 0.39x | 0.00x | CA$-80.66K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | CA$80.33K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-229.85K |
| 2006 | -44.92% | -50.93% | 0.69x | 1.28x | CA$-604.95K |
| 2007 | -22.64% | -61.62% | 0.34x | 1.09x | CA$-1.48 Million |
| 2008 | -25.14% | 0.00% | 0.00x | 1.13x | CA$-1.85 Million |
| 2009 | -13.40% | 0.00% | 0.00x | 1.11x | CA$-1.30 Million |
| 2010 | 47.52% | 0.00% | 0.00x | 1.05x | CA$4.86 Million |
| 2011 | 29.69% | 0.00% | 0.00x | 1.07x | CA$3.85 Million |
| 2012 | -45.99% | 0.00% | 0.00x | 1.00x | CA$-8.01 Million |
| 2013 | -28.46% | 0.00% | 0.00x | 1.01x | CA$-4.31 Million |
| 2014 | -36.50% | 0.00% | 0.00x | 1.03x | CA$-3.84 Million |
| 2015 | -15.44% | 0.00% | 0.00x | 1.03x | CA$-2.12 Million |
| 2016 | -14.61% | 0.00% | 0.00x | 1.06x | CA$-1.98 Million |
| 2017 | -5.43% | 0.00% | 0.00x | 1.11x | CA$-1.24 Million |
| 2018 | -8.08% | 0.00% | 0.00x | 1.04x | CA$-4.76 Million |
| 2019 | -6.52% | 0.00% | 0.00x | 1.08x | CA$-6.74 Million |
| 2020 | -13.83% | 0.00% | 0.00x | 1.09x | CA$-10.10 Million |
| 2021 | -8.43% | 0.00% | 0.00x | 1.10x | CA$-7.50 Million |
| 2022 | -4.67% | 0.00% | 0.00x | 1.09x | CA$-5.81 Million |
| 2023 | -8.57% | 0.00% | 0.00x | 1.12x | CA$-7.51 Million |
| 2024 | -1.90% | 0.00% | 0.00x | 1.12x | CA$-4.75 Million |
| 2025 | -244.44% | 0.00% | 0.00x | 1.24x | CA$-29.50 Million |
Industry Comparison
This section compares Garibaldi Resources 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 |
|---|---|---|---|---|
| Garibaldi Resources Corp. (GGI) | CA$11.97 Million | 0.00% | 0.26x | $10.45 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 Garibaldi Resources Corp.
Garibaldi Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and Mexico. It primarily explores for nickel, copper, cobalt, platinum, palladium, gold, silver, and other deposits. The company's flagship property is 100% owned E&L Nickel Mountain Project located in the Liard Mining Division in northwest British Colum… Read more