XAU Resources Inc.
XAU Resources Inc., a gold exploration and development company, focuses on developing and managing projects located in the Guyana greenstone belt. It holds an option agreement to acquire a 100% interest in the Noseno Project, which consists of 37 licenses covering 37,623 acres located in west of Georgetown, Guyana. The company was incorporated in 2018 and is headquartered in Toronto, Canada.
XAU Resources Inc. (GIG) - Net Assets
Latest net assets as of April 2025: CA$10.22K CAD
Based on the latest financial reports, XAU Resources Inc. (GIG) has net assets worth CA$10.22K CAD as of April 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$18.29K) and total liabilities (CA$8.07K). 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$10.22K |
| % of Total Assets | 55.88% |
| Annual Growth Rate | -21.73% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 148.72 |
XAU Resources Inc. - Net Assets Trend (2021–2024)
This chart illustrates how XAU Resources Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for XAU Resources Inc. (2021–2024)
The table below shows the annual net assets of XAU Resources Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | CA$77.16K | -68.81% |
| 2023-10-31 | CA$247.39K | -56.42% |
| 2022-10-31 | CA$567.63K | +252.68% |
| 2021-10-31 | CA$160.95K | -- |
Equity Component Analysis
This analysis shows how different components contribute to XAU Resources 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 114342000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$1.68 Million | 2174.56% |
| Total Equity | CA$77.16K | 100.00% |
XAU Resources Inc. Competitors by Market Cap
The table below lists competitors of XAU Resources Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BioCorRx Inc
OTCQB:BICX
|
$3.25 Million |
|
Arad Ltd
TA:ARD
|
$3.25 Million |
|
Axel Ree Ltd
AU:AXL
|
$3.25 Million |
|
KWESST Micro Systems Inc. Common Stock
NASDAQ:KWE
|
$3.25 Million |
|
Obm Drilchem PT
JK:OBMD
|
$3.25 Million |
|
Phoslock Environmental Technologies Ltd
AU:PET
|
$3.25 Million |
|
CHUWIT FARM (2019) PUBLIC COMPANY LIMITED
BK:CFARM
|
$3.25 Million |
|
Supreme Holdings & Hospitality (India) Limited
NSE:SUPREME
|
$3.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in XAU Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 247,394 to 77,159, a change of -170,235 (-68.8%).
- Net loss of 214,144 reduced equity.
- Other factors increased equity by 43,909.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-214.14K | -277.54% |
| Other Changes | CA$43.91K | +56.91% |
| Total Change | CA$- | -68.81% |
Book Value vs Market Value Analysis
This analysis compares XAU Resources 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
- Current price-to-book ratio: 91.53x
- 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 29.96x to 91.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-10-31 | CA$0.02 | CA$0.56 | x |
| 2022-10-31 | CA$0.05 | CA$0.56 | x |
| 2023-10-31 | CA$0.02 | CA$0.56 | x |
| 2024-10-31 | CA$0.01 | CA$0.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently XAU Resources Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -277.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.52x
- Recent ROE (-277.54%) is below the historical average (-158.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -119.84% | 0.00% | 0.00x | 1.24x | CA$-208.98K |
| 2022 | -107.30% | 0.00% | 0.00x | 1.08x | CA$-665.80K |
| 2023 | -129.44% | 0.00% | 0.00x | 1.10x | CA$-344.98K |
| 2024 | -277.54% | 0.00% | 0.00x | 1.52x | CA$-221.86K |
Industry Comparison
This section compares XAU Resources Inc.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,323,818
- Average return on equity (ROE) among peers: -12.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| XAU Resources Inc. (GIG) | CA$10.22K | -119.84% | 0.79x | $3.25 Million |
| Athabasca Minerals Inc (ABM) | $14.67 Million | -17.11% | 0.38x | $3.80 Million |
| AIS Resources Ltd (AIS) | $733.20K | -18.86% | 0.02x | $1.22 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $7.66 Million |
| Alliance Mining Corp (ALM) | $-2.44 Million | 0.00% | 0.00x | $1.27 Million |
| Argus Metals Corp. (AML) | $-194.53K | 0.00% | 0.00x | $248.82K |
| Antler Gold Inc (ANTL) | $5.56 Million | -15.72% | 0.05x | $3.41 Million |
| Apogee Minerals Ltd (APMI) | $509.07K | -27.00% | 0.02x | $1.15 Million |
| Awale Resources Ltd (ARIC) | $11.21 Million | -15.12% | 0.10x | $38.72 Million |
| Au Gold Corp (AUGC) | $1.73 Million | -6.53% | 0.01x | $4.70 Million |
| AUX Resources Corporation (AUX) | $-1.82 Million | 0.00% | 0.00x | $12.37 Million |