GGX Gold Corp Net Assets
GGX Gold Corp net assets. Based on the latest financial reports, GGX Gold Corp (GGX) has net assets worth CA$-1.50 Million CAD (≈ $-1.09 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$89.04K ≈ $64.41K USD) and total liabilities (CA$1.59 Million ≈ $1.15 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore GGX shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-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 |
Net Assets of GGX Gold Corp (2014–2025)
Net assets of GGX Gold Corp from 2014 to 2025. This chart illustrates how GGX Gold Corp's net assets have evolved over time, based on quarterly financial data. See GGX Gold Corp (GGX) net asset quality to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see GGX Gold Corp (GGX) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | CA$-1.44 Million ≈ $-1.04 Million |
-19.72% |
| 2024-06-30 | CA$-1.20 Million ≈ $-870.87K |
+33.65% |
| 2023-06-30 | CA$-1.81 Million ≈ $-1.31 Million |
-32.53% |
| 2022-06-30 | CA$-1.37 Million ≈ $-990.40K |
-782.30% |
| 2021-06-30 | CA$-155.18K ≈ $-112.25K |
+75.10% |
| 2020-06-30 | CA$-623.23K ≈ $-450.84K |
+39.74% |
| 2019-06-30 | CA$-1.03 Million ≈ $-748.09K |
-882.42% |
| 2018-06-30 | CA$132.17K ≈ $95.61K |
-25.44% |
| 2017-06-30 | CA$177.27K ≈ $128.24K |
+17.11% |
| 2016-06-30 | CA$151.37K ≈ $109.50K |
+122.35% |
| 2015-06-30 | CA$-677.39K ≈ $-490.01K |
-225.74% |
| 2014-06-30 | CA$538.72K ≈ $389.70K |
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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.
GGX Gold Corp Net Assets Breakdown (June 2025)
GGX Gold Corp net assets breakdown by equity component as of 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 |
|---|---|
|
Record PLC
LSE:REC
|
$1.11 Million |
|
COPPERCORP RESOURCES INC.
F:NU0
|
$1.11 Million |
|
Critical Metals Plc
LSE:CRTM
|
$1.11 Million |
|
Imalliance SA
PA:MLIML
|
$1.12 Million |
|
MultiMetaVerse Holdings Limited
NASDAQ:MMV
|
$1.11 Million |
|
Aethlon Medical Inc
NASDAQ:AEMD
|
$1.11 Million |
|
Stelmine Canada Ltd
V:STH
|
$1.11 Million |
|
Ten Lifestyle Group PLC
LSE:TENG
|
$1.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GGX Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -1,203,889 to -1,441,266, a change of -237,377.
- Net loss of 93,442 reduced equity.
- Other factors decreased equity by 143,935.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-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$0.04 | x |
| 2018-06-30 | CA$0.01 | CA$0.04 | x |
| 2019-06-30 | CA$-0.06 | CA$0.04 | x |
| 2020-06-30 | CA$-0.02 | CA$0.04 | x |
| 2021-06-30 | CA$0.00 | CA$0.04 | x |
| 2022-06-30 | CA$-0.04 | CA$0.04 | x |
| 2023-06-30 | CA$-0.05 | CA$0.04 | x |
| 2024-06-30 | CA$-0.03 | CA$0.04 | x |
| 2025-06-30 | CA$-0.04 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GGX Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-291.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -101.68% | 0.00% | 0.00x | 1.96x | CA$-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: $390,070,505
- Average return on equity (ROE) among peers: -30.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GGX Gold Corp (GGX) | CA$-1.50 Million | -101.68% | N/A | $1.11 Million |
| Allied Gold Corporation (AAUC) | $381.03 Million | -54.71% | 1.51x | $2.38 Billion |
| Abcourt Mines Inc. (ABI) | $19.28 Million | -5.21% | 0.02x | $43.16 Million |
| Barrick Gold Corp (ABX) | $3.32 Billion | -3.70% | 0.30x | $61.48 Billion |
| American Eagle Gold Corp (AE) | $3.09 Million | -121.24% | 0.18x | $133.41 Million |
| Agnico Eagle Mines Limited (AEM) | $127.14 Million | 11.88% | 1.22x | $84.54 Billion |
| Alamos Gold Inc (AGI) | $338.91K | -86.17% | 0.19x | $11.64 Billion |
| AIS Resources Ltd (AIS) | $4.96 Million | -17.19% | 0.24x | $2.52 Million |
| Alliance Mining Corp (ALM) | $-1.26 Million | 0.00% | 0.00x | $2.21 Million |
| Altamira Gold Corp (ALTA) | $13.90 Million | -14.28% | 0.06x | $39.70 Million |
| Almaden Minerals Ltd (AMM) | $27.97 Million | -15.26% | 0.03x | $24.82 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