GoldOn Resources Ltd (GLD) - Net Assets

Latest as of December 2025: CA$944.90K CAD

Based on the latest financial reports, GoldOn Resources Ltd (GLD) has net assets worth CA$944.90K CAD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$965.60K) and total liabilities (CA$20.70K). 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$944.90K
% of Total Assets 97.86%
Annual Growth Rate -6.34%
5-Year Change -89.62%
10-Year Change -75.84%
Growth Volatility 185.74

GoldOn Resources Ltd - Net Assets Trend (1997–2024)

This chart illustrates how GoldOn Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for GoldOn Resources Ltd (1997–2024)

The table below shows the annual net assets of GoldOn Resources Ltd from 1997 to 2024.

Year Net Assets Change
2024-06-30 CA$287.63K -59.10%
2023-06-30 CA$703.31K -85.41%
2022-06-30 CA$4.82 Million -17.32%
2021-06-30 CA$5.83 Million +110.31%
2020-06-30 CA$2.77 Million +146.69%
2019-06-30 CA$1.12 Million +500.14%
2018-06-30 CA$187.24K -53.89%
2017-06-30 CA$406.11K -42.77%
2016-06-30 CA$709.65K -40.39%
2015-06-30 CA$1.19 Million -18.65%
2014-06-30 CA$1.46 Million -52.23%
2013-06-30 CA$3.06 Million -18.05%
2012-06-30 CA$3.74 Million +21.65%
2011-06-30 CA$3.07 Million +32.38%
2010-06-30 CA$2.32 Million +61.47%
2009-06-30 CA$1.44 Million -6.65%
2008-06-30 CA$1.54 Million +58.69%
2007-06-30 CA$970.53K +11.63%
2006-06-30 CA$869.42K +230.53%
2005-06-30 CA$263.04K -22.19%
2004-06-30 CA$338.06K +126.74%
2003-06-30 CA$149.10K +91.49%
2002-06-30 CA$77.86K +795.40%
2001-06-30 CA$8.70K -99.46%
2000-06-30 CA$1.60 Million +6.04%
1999-06-30 CA$1.51 Million -2.86%
1998-06-30 CA$1.55 Million -8.03%
1997-06-30 CA$1.69 Million --

Equity Component Analysis

This analysis shows how different components contribute to GoldOn Resources Ltd'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 1998927000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Other Components CA$23.11 Million 8033.35%
Total Equity CA$287.63K 100.00%

GoldOn Resources Ltd Competitors by Market Cap

The table below lists competitors of GoldOn Resources Ltd ranked by their market capitalization.

Company Market Cap
Western Yilgarn NL
AU:WYX
 		$4.23 Million
ADDvise Group AB A
ST:ADDV-A
 		$4.23 Million
NOROO Paint & Coatings Co Ltd
KO:090355
 		$4.24 Million
Beston Global Food Company Ltd
AU:BFC
 		$4.24 Million
CT Private Equity Trust PLC
LSE:CTPE
 		$4.23 Million
Nichols
LSE:NICL
 		$4.23 Million
Edgewater Exploration Ltd
V:EDW-H
 		$4.22 Million
Randgold Exploration
JSE:RNG
 		$4.22 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in GoldOn Resources Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 703,307 to 287,633, a change of -415,674 (-59.1%).
  • Net loss of 1,022,325 reduced equity.
  • New share issuances of 400,000 increased equity.
  • Other comprehensive income decreased equity by 1,801,786.
  • Other factors increased equity by 2,008,437.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-1.02 Million -355.43%
Share Issuances CA$400.00K +139.07%
Other Comprehensive Income CA$-1.80 Million -626.42%
Other Changes CA$2.01 Million +698.26%
Total Change CA$- -59.10%

Book Value vs Market Value Analysis

This analysis compares GoldOn Resources Ltd'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: 12.48x
  • 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 0.00x to 12.48x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-06-30 CA$44.38 CA$0.09 x
1998-06-30 CA$40.33 CA$0.09 x
1999-06-30 CA$31.10 CA$0.09 x
2000-06-30 CA$22.62 CA$0.09 x
2001-06-30 CA$0.11 CA$0.09 x
2002-06-30 CA$0.90 CA$0.09 x
2003-06-30 CA$0.89 CA$0.09 x
2004-06-30 CA$1.45 CA$0.09 x
2005-06-30 CA$1.02 CA$0.09 x
2006-06-30 CA$2.34 CA$0.09 x
2007-06-30 CA$1.81 CA$0.09 x
2008-06-30 CA$1.89 CA$0.09 x
2009-06-30 CA$1.33 CA$0.09 x
2010-06-30 CA$1.14 CA$0.09 x
2011-06-30 CA$1.03 CA$0.09 x
2012-06-30 CA$0.99 CA$0.09 x
2013-06-30 CA$0.70 CA$0.09 x
2014-06-30 CA$0.28 CA$0.09 x
2015-06-30 CA$0.19 CA$0.09 x
2016-06-30 CA$0.08 CA$0.09 x
2017-06-30 CA$0.04 CA$0.09 x
2018-06-30 CA$0.02 CA$0.09 x
2019-06-30 CA$0.11 CA$0.09 x
2020-06-30 CA$0.18 CA$0.09 x
2021-06-30 CA$0.28 CA$0.09 x
2022-06-30 CA$0.19 CA$0.09 x
2023-06-30 CA$0.03 CA$0.09 x
2024-06-30 CA$0.01 CA$0.09 x

Capital Efficiency Dashboard

This dashboard shows how efficiently GoldOn Resources Ltd 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): -355.43%
  • 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: 1.12x
  • Recent ROE (-355.43%) is above the historical average (-778.53%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 -7.24% -12231800.00% 0.00x 1.03x CA$-291.15K
1998 -9.74% -15128200.00% 0.00x 1.08x CA$-306.57K
1999 -10.40% -15693900.00% 0.00x 1.07x CA$-307.78K
2000 -7.64% -6112850.00% 0.00x 1.02x CA$-282.20K
2001 -19558.90% -170084200.00% 0.00x 5.19x CA$-1.70 Million
2002 -162.89% 0.00% 0.00x 1.52x CA$-134.62K
2003 -140.07% 0.00% 0.00x 1.28x CA$-223.75K
2004 -39.76% 0.00% 0.00x 1.07x CA$-168.22K
2005 -73.76% 0.00% 0.00x 1.09x CA$-220.33K
2006 -33.05% 0.00% 0.00x 1.03x CA$-374.30K
2007 -22.86% 0.00% 0.00x 1.04x CA$-318.90K
2008 -15.72% 0.00% 0.00x 1.02x CA$-396.07K
2009 -16.10% 0.00% 0.00x 1.04x CA$-375.20K
2010 -88.77% 0.00% 0.00x 1.02x CA$-2.29 Million
2011 -12.51% 0.00% 0.00x 1.01x CA$-691.91K
2012 -16.35% 0.00% 0.00x 1.01x CA$-985.21K
2013 -37.97% 0.00% 0.00x 1.02x CA$-1.47 Million
2014 -120.25% 0.00% 0.00x 1.14x CA$-1.91 Million
2015 -46.87% 0.00% 0.00x 1.29x CA$-677.03K
2016 -114.41% 0.00% 0.00x 1.22x CA$-882.86K
2017 -20.66% -11399.05% 0.00x 1.05x CA$-124.51K
2018 -121.57% 0.00% 0.00x 1.27x CA$-246.34K
2019 -30.87% 0.00% 0.00x 1.10x CA$-459.29K
2020 -27.44% 0.00% 0.00x 1.11x CA$-1.04 Million
2021 -9.20% 0.00% 0.00x 1.01x CA$-1.12 Million
2022 -23.69% 0.00% 0.00x 1.01x CA$-1.62 Million
2023 -674.75% 0.00% 0.00x 1.13x CA$-4.82 Million
2024 -355.43% 0.00% 0.00x 1.12x CA$-1.05 Million

Industry Comparison

This section compares GoldOn Resources Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.

Industry Context

  • Industry: Other Precious Metals & Mining
  • Average net assets among peers: $10,543,671
  • Average return on equity (ROE) among peers: -5062.54%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
GoldOn Resources Ltd (GLD) CA$944.90K -7.24% 0.02x $4.23 Million
AbraSilver Resource Corp. (ABRA) $400.64K -52.81% 0.13x $1.89 Billion
AC/DC Battery Metals Inc. (ACDC) $1.79 Million -31.70% 0.02x $1.88 Million
Archon Minerals Ltd (ACS) $31.39K -50144.47% 2027.88x $4.63 Million
Arctic Star Exploration Corp (ADD) $4.13 Million -73.65% 0.19x $1.73 Million
Adamera Minerals Corp. (ADZ) $591.38K -199.89% 1.34x $4.95 Million
Alaska Energy Metals Corporation (AEMC) $5.31 Million -25.82% 0.25x $13.73 Million
Argonaut Exploration Inc. (AGA) $13.79 Million -73.47% 0.21x $96.32 Million
Clean Air Metals Inc (AIR) $38.86 Million -12.39% 0.09x $11.78 Million
American Creek Resources Ltd (AMK) $16.37 Million -9.41% 0.06x $54.98 Million
Azucar Minerals Ltd (AMZ) $24.16 Million -1.79% 0.01x $3.47 Million

About GoldOn Resources Ltd

V:GLD Canada Other Precious Metals & Mining
Market Cap
$4.23 Million
CA$5.85 Million CAD
Market Cap Rank
#32474 Global
#1405 in Canada
Share Price
CA$0.09
Change (1 day)
-5.56%
52-Week Range
CA$0.05 - CA$0.12
All Time High
CA$1.15
Categories
Companies in Canada Other Precious Metals & Mining
About

Gold Finder Resources Ltd., an exploration stage company, engages in the exploration of mineral properties in Canada. The company primarily explores for gold, silver, copper, and zinc deposits. The company was formerly known as GoldON Resources Ltd. and changed its name to Gold Finder Resources Ltd. in April 2025. Gold Finder Resources Ltd. was incorporated in 1977 and is based in Victoria, Canad… Read more