Granada Gold Mine Inc (GGM) - Net Assets

Latest as of December 2025: CA$-14.61 Million CAD ≈ $-10.57 Million USD

Based on the latest financial reports, Granada Gold Mine Inc (GGM) has net assets worth CA$-14.61 Million CAD (≈ $-10.57 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$585.15K ≈ $423.29K USD) and total liabilities (CA$15.20 Million ≈ $10.99 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 Granada Gold Mine Inc (GGM) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$-14.61 Million
% of Total Assets -2496.95%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change N/A
Growth Volatility 148.43

Granada Gold Mine Inc - Net Assets Trend (1999–2025)

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

Annual Net Assets for Granada Gold Mine Inc (1999–2025)

The table below shows the annual net assets of Granada Gold Mine Inc from 1999 to 2025. For live valuation and market cap data, see Granada Gold Mine Inc stock valuation.

Year Net Assets Change
2025-06-30 CA$-13.64 Million
≈ $-9.87 Million		 -11.64%
2024-06-30 CA$-12.22 Million
≈ $-8.84 Million		 -16.95%
2023-06-30 CA$-10.45 Million
≈ $-7.56 Million		 -37.52%
2022-06-30 CA$-7.60 Million
≈ $-5.49 Million		 -35.60%
2021-06-30 CA$-5.60 Million
≈ $-4.05 Million		 +22.92%
2020-06-30 CA$-7.27 Million
≈ $-5.26 Million		 -17.34%
2019-06-30 CA$-6.19 Million
≈ $-4.48 Million		 -327.80%
2018-06-30 CA$-1.45 Million
≈ $-1.05 Million		 +48.11%
2017-06-30 CA$-2.79 Million
≈ $-2.02 Million		 +10.43%
2016-06-30 CA$-3.11 Million
≈ $-2.25 Million		 +5.83%
2015-06-30 CA$-3.31 Million
≈ $-2.39 Million		 -21.12%
2014-06-30 CA$-2.73 Million
≈ $-1.98 Million		 -303.12%
2013-06-30 CA$1.34 Million
≈ $972.45K		 -33.44%
2012-06-30 CA$2.02 Million
≈ $1.46 Million		 -68.28%
2011-06-30 CA$6.37 Million
≈ $4.61 Million		 +30.14%
2010-06-30 CA$4.89 Million
≈ $3.54 Million		 +115.77%
2009-06-30 CA$2.27 Million
≈ $1.64 Million		 +5.36%
2008-06-30 CA$2.15 Million
≈ $1.56 Million		 -34.97%
2007-06-30 CA$3.31 Million
≈ $2.39 Million		 +299.75%
2006-06-30 CA$827.75K
≈ $598.78K		 +83.20%
2005-06-30 CA$451.83K
≈ $326.85K		 +460.00%
2004-06-30 CA$-125.51K
≈ $-90.79K		 +41.51%
2003-06-30 CA$-214.59K
≈ $-155.23K		 +74.17%
2002-06-30 CA$-830.75K
≈ $-600.95K		 -228.69%
2001-06-30 CA$645.54K
≈ $466.98K		 -76.26%
2000-06-30 CA$2.72 Million
≈ $1.97 Million		 -37.53%
1999-06-30 CA$4.35 Million
≈ $3.15 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Granada Gold Mine Inc'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 8197794500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Other Components CA$74.48 Million %
Total Equity CA$-13.64 Million 100.00%

Granada Gold Mine Inc Competitors by Market Cap

The table below lists competitors of Granada Gold Mine Inc ranked by their market capitalization.

Company Market Cap
In-Touch Survey Systems Ltd.
V:INX
 $7.40 Million
Substrate AI S.A.
MC:SAI
 $7.40 Million
Progressive Impact Corporation Bhd
KLSE:7201
 $7.40 Million
Alvo Minerals Ltd
AU:ALV
 $7.43 Million
Entero Therapeutics, Inc.
NASDAQ:GRDX
 $7.40 Million
Turbo Energy, S.A. American Depositary Shares
NASDAQ:TURB
 $7.39 Million
JPMorgan Euro Small Companies Trust Plc
LSE:JEDT
 $7.38 Million
TCM Corporation Public Company Limited
BK:TCMC
 $7.37 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from -12,215,315 to -13,637,317, a change of -1,422,002.
  • Net loss of 1,822,770 reduced equity.
  • New share issuances of 200,000 increased equity.
  • Other factors increased equity by 200,768.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$-1.82 Million -13.37%
Share Issuances CA$200.00K +1.47%
Other Changes CA$200.77K +1.47%
Total Change CA$- %

Book Value vs Market Value Analysis

This analysis compares Granada Gold Mine Inc'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

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-06-30 CA$18.40 CA$0.05 x
2000-06-30 CA$10.00 CA$0.05 x
2001-06-30 CA$2.03 CA$0.05 x
2002-06-30 CA$-2.58 CA$0.05 x
2003-06-30 CA$-0.53 CA$0.05 x
2004-06-30 CA$-0.24 CA$0.05 x
2005-06-30 CA$0.52 CA$0.05 x
2006-06-30 CA$0.60 CA$0.05 x
2007-06-30 CA$0.99 CA$0.05 x
2008-06-30 CA$0.40 CA$0.05 x
2009-06-30 CA$0.31 CA$0.05 x
2010-06-30 CA$0.49 CA$0.05 x
2011-06-30 CA$0.35 CA$0.05 x
2012-06-30 CA$0.09 CA$0.05 x
2013-06-30 CA$0.05 CA$0.05 x
2014-06-30 CA$-0.09 CA$0.05 x
2015-06-30 CA$-0.09 CA$0.05 x
2016-06-30 CA$-0.08 CA$0.05 x
2017-06-30 CA$-0.06 CA$0.05 x
2018-06-30 CA$-0.03 CA$0.05 x
2019-06-30 CA$-0.09 CA$0.05 x
2020-06-30 CA$-0.09 CA$0.05 x
2021-06-30 CA$-0.05 CA$0.05 x
2022-06-30 CA$-0.06 CA$0.05 x
2023-06-30 CA$-0.07 CA$0.05 x
2024-06-30 CA$-0.08 CA$0.05 x
2025-06-30 CA$-0.08 CA$0.05 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Granada Gold Mine Inc 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): 0.00%
  • 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: 0.00x
  • Recent ROE (0.00%) is above the historical average (-71.36%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 -39.13% 0.00% 0.00x 1.19x CA$-2.14 Million
2000 -80.03% 0.00% 0.00x 1.33x CA$-2.45 Million
2001 -385.62% 0.00% 0.00x 2.53x CA$-2.55 Million
2002 0.00% 0.00% 0.00x 0.00x CA$-1.52 Million
2003 0.00% 0.00% 0.00x 0.00x CA$83.41K
2004 0.00% 0.00% 0.00x 0.00x CA$-243.75K
2005 -128.15% 0.00% 0.00x 1.46x CA$-624.22K
2006 -49.09% 0.00% 0.00x 1.79x CA$-489.10K
2007 -57.56% 0.00% 0.00x 1.17x CA$-2.24 Million
2008 -83.78% 0.00% 0.00x 1.29x CA$-2.02 Million
2009 -17.85% 0.00% 0.00x 1.24x CA$-631.46K
2010 -87.39% 0.00% 0.00x 1.16x CA$-4.76 Million
2011 -262.94% 0.00% 0.00x 1.52x CA$-17.38 Million
2012 -538.94% 0.00% 0.00x 3.53x CA$-11.09 Million
2013 -196.18% 0.00% 0.00x 2.02x CA$-2.77 Million
2014 0.00% 0.00% 0.00x 0.00x CA$-5.24 Million
2015 0.00% 0.00% 0.00x 0.00x CA$-2.80 Million
2016 0.00% 0.00% 0.00x 0.00x CA$-2.75 Million
2017 0.00% 0.00% 0.00x 0.00x CA$-1.78 Million
2018 0.00% 0.00% 0.00x 0.00x CA$-80.74K
2019 0.00% 0.00% 0.00x 0.00x CA$-3.95 Million
2020 0.00% 0.00% 0.00x 0.00x CA$-2.98 Million
2021 0.00% 0.00% 0.00x 0.00x CA$-3.07 Million
2022 0.00% 0.00% 0.00x 0.00x CA$-3.32 Million
2023 0.00% 0.00% 0.00x 0.00x CA$-1.83 Million
2024 0.00% 0.00% 0.00x 0.00x CA$-708.20K
2025 0.00% 0.00% 0.00x 0.00x CA$-459.04K

Industry Comparison

This section compares Granada Gold Mine Inc'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
Granada Gold Mine Inc (GGM) CA$-14.61 Million -39.13% N/A $7.40 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 Granada Gold Mine Inc

V:GGM Canada Gold
Market Cap
$7.40 Million
CA$10.23 Million CAD
Market Cap Rank
#27688 Global
#1205 in Canada
Share Price
CA$0.05
Change (1 day)
-10.00%
52-Week Range
CA$0.03 - CA$0.11
All Time High
CA$0.73
Categories
Companies in Canada Gold
About

Granada Gold Mine Inc., a junior mining and exploration company, acquires, explores, and develops mineral properties in Canada. The company explores for gold deposits. It holds 100% interest in Granada gold property, which covers an area of approximately 14.73 square kilometers of land in a combination of mining leases and claims located in Rouyn-Noranda, Quebec. The company was formerly known as… Read more