GGX Gold Corp (GGX) - Net Assets
Based on the latest financial reports, GGX Gold Corp (GGX) has net assets worth CA$-1.50 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$89.04K) and total liabilities (CA$1.59 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-1.50 Million |
| % of Total Assets | -1685.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -1052.12% |
| Growth Volatility | 360.18 |
GGX Gold Corp - Net Assets Trend (2014–2025)
This chart illustrates how GGX Gold Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GGX Gold Corp (2014–2025)
The table below shows the annual net assets of GGX Gold Corp from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | CA$-1.44 Million | -19.72% |
| 2024-06-30 | CA$-1.20 Million | +33.65% |
| 2023-06-30 | CA$-1.81 Million | -32.53% |
| 2022-06-30 | CA$-1.37 Million | -782.30% |
| 2021-06-30 | CA$-155.18K | +75.10% |
| 2020-06-30 | CA$-623.23K | +39.74% |
| 2019-06-30 | CA$-1.03 Million | -882.42% |
| 2018-06-30 | CA$132.17K | -25.44% |
| 2017-06-30 | CA$177.27K | +17.11% |
| 2016-06-30 | CA$151.37K | +122.35% |
| 2015-06-30 | CA$-677.39K | -225.74% |
| 2014-06-30 | CA$538.72K | -- |
Equity Component Analysis
This analysis shows how different components contribute to GGX 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 991005200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$11.07 Million | % |
| Total Equity | CA$-1.44 Million | 100.00% |
GGX Gold Corp Competitors by Market Cap
The table below lists competitors of GGX Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aminex PLC
LSE:AEX
|
$1.25 Million |
|
Carisma Therapeutics Inc.
NASDAQ:CARM
|
$1.26 Million |
|
EVGEN PHARMA PLC LS-0025
F:8EV
|
$1.26 Million |
|
Rights and Issues Investment Trust Public Limited Company
LSE:RIII
|
$1.26 Million |
|
Ortelius International AB
F:9U20
|
$1.25 Million |
|
Mobius Investment Trust PLC
LSE:MMIT
|
$1.25 Million |
|
MFC Industrial Real Estate Investment Trust
BK:MIT
|
$1.25 Million |
|
Baroyeca Gold & Silver Inc
V:BGS
|
$1.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GGX Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -1,203,889 to -1,441,266, a change of -237,377.
- Net loss of 93,442 reduced equity.
- Other factors decreased equity by 143,935.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-93.44K | -6.48% |
| Other Changes | CA$-143.94K | -9.99% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares GGX 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | CA$0.02 | CA$0.05 | x |
| 2018-06-30 | CA$0.01 | CA$0.05 | x |
| 2019-06-30 | CA$-0.06 | CA$0.05 | x |
| 2020-06-30 | CA$-0.02 | CA$0.05 | x |
| 2021-06-30 | CA$0.00 | CA$0.05 | x |
| 2022-06-30 | CA$-0.04 | CA$0.05 | x |
| 2023-06-30 | CA$-0.05 | CA$0.05 | x |
| 2024-06-30 | CA$-0.03 | CA$0.05 | x |
| 2025-06-30 | CA$-0.04 | CA$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GGX Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-291.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -101.68% | 0.00% | 0.00x | 1.96x | CA$-601.66K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.15 Million |
| 2016 | -113.07% | 0.00% | 0.00x | 2.93x | CA$-186.29K |
| 2017 | -1017.59% | 0.00% | 0.00x | 2.06x | CA$-1.82 Million |
| 2018 | -2263.92% | 0.00% | 0.00x | 4.75x | CA$-3.01 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.70 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.10 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-523.35K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.31 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-508.25K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$731.00K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$50.68K |
Industry Comparison
This section compares GGX Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $25,011,639
- Average return on equity (ROE) among peers: -23.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GGX Gold Corp (GGX) | CA$-1.50 Million | -101.68% | N/A | $1.25 Million |
| Abcourt Mines Inc. (ABI) | $27.66 Million | -3.28% | 0.35x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $13.38 Million | -3.65% | 0.02x | $3.68 Million |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $518.31K | -0.04% | 0.11x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $-251.88K | 0.00% | 0.00x | $9.71 Million |
| Alkane Resources Limited (ALK) | $191.56 Million | 29.08% | 0.23x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-3.10 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $822.20K | -78.33% | 0.24x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.98 Million | -5.17% | 0.10x | $1.59 Million |
About GGX Gold Corp
GGX Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, and tellurium deposits. It has option agreement to acquire 100% interest in the Gold Drop Property located in the Greenwood of southern British Columbia. The company was formerly known as Revolver Resources Inc. and changed its name to GGX Gold Corp. in O… Read more