Grande Portage Resources Ltd (GPG) - Net Assets

Latest as of January 2026: CA$31.62 Million CAD ≈ $22.87 Million USD

Based on the latest financial reports, Grande Portage Resources Ltd (GPG) has net assets worth CA$31.62 Million CAD (≈ $22.87 Million USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$31.85 Million ≈ $23.04 Million USD) and total liabilities (CA$234.43K ≈ $169.58K 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 GPG intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$31.62 Million
% of Total Assets	99.26%
Annual Growth Rate	N/A
5-Year Change	46.31%
10-Year Change	515.74%
Growth Volatility	93.12

Grande Portage Resources Ltd - Net Assets Trend (1999–2025)

This chart illustrates how Grande Portage Resources Ltd's net assets have evolved over time, based on quarterly financial data. See Grande Portage Resources Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Grande Portage Resources Ltd (1999–2025)

The table below shows the annual net assets of Grande Portage Resources Ltd from 1999 to 2025. For live valuation and market cap data, see Grande Portage Resources Ltd (GPG) market capitalisation.

Year	Net Assets	Change
2025-10-31	CA$25.53 Million ≈ $18.47 Million	+19.72%
2024-10-31	CA$21.32 Million ≈ $15.42 Million	+7.83%
2023-10-31	CA$19.77 Million ≈ $14.30 Million	+2.38%
2022-10-31	CA$19.31 Million ≈ $13.97 Million	+10.70%
2021-10-31	CA$17.45 Million ≈ $12.62 Million	+45.64%
2020-10-31	CA$11.98 Million ≈ $8.67 Million	+51.10%
2019-10-31	CA$7.93 Million ≈ $5.73 Million	+3.34%
2018-10-31	CA$7.67 Million ≈ $5.55 Million	+28.78%
2017-10-31	CA$5.96 Million ≈ $4.31 Million	+43.68%
2016-10-31	CA$4.15 Million ≈ $3.00 Million	+7.68%
2015-10-31	CA$3.85 Million ≈ $2.79 Million	-6.74%
2014-10-31	CA$4.13 Million ≈ $2.99 Million	-62.19%
2013-10-31	CA$10.92 Million ≈ $7.90 Million	-10.31%
2012-10-31	CA$12.17 Million ≈ $8.80 Million	-4.93%
2011-10-31	CA$12.80 Million ≈ $9.26 Million	-6.58%
2010-10-31	CA$13.71 Million ≈ $9.91 Million	+22.02%
2009-10-31	CA$11.23 Million ≈ $8.13 Million	+0.34%
2008-10-31	CA$11.19 Million ≈ $8.10 Million	-2.75%
2007-10-31	CA$11.51 Million ≈ $8.33 Million	+385.94%
2006-10-31	CA$2.37 Million ≈ $1.71 Million	+196.59%
2005-10-31	CA$798.69K ≈ $577.76K	+351.81%
2004-10-31	CA$-317.18K ≈ $-229.44K	+6.25%
2003-10-31	CA$-338.32K ≈ $-244.74K	-33.59%
2002-10-31	CA$-253.26K ≈ $-183.21K	-20.17%
2001-10-31	CA$-210.75K ≈ $-152.46K	-51.43%
2000-10-31	CA$-139.18K ≈ $-100.68K	-35.75%
1999-10-31	CA$-102.53K ≈ $-74.17K	--

Equity Component Analysis

This analysis shows how different components contribute to Grande Portage 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 2221218600.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (October 2025)

Component	Amount	Percentage
Other Components	CA$50.85 Million	199.22%
Total Equity	CA$25.53 Million	100.00%

Grande Portage Resources Ltd Competitors by Market Cap

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

Company	Market Cap
Eagle Capital Growth Fund Inc NYSE MKT:GRF	$39.68 Million
Duck Yang Ind KO:024900	$39.71 Million
Talphera Inc. NASDAQ:TLPH	$39.71 Million
I-Hwa Industrial Co Ltd TW:1456	$39.71 Million
Vertoz Advertising Limited NSE:VERTOZ	$39.61 Million
Pacific Orient Bhd KLSE:6009	$39.60 Million
Marti Gayrimenkul Yatirim Ortakligi AS IS:MRGYO	$39.58 Million
BG Staffing Inc NYSE:BGSF	$39.55 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 21,320,917 to 25,526,288, a change of 4,205,371 (19.7%).
Net loss of 1,033,759 reduced equity.
New share issuances of 5,184,630 increased equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-1.03 Million	-4.05%
Share Issuances	CA$5.18 Million	+20.31%
Other Changes	CA$54.50K	+0.21%
Total Change	CA$-	19.72%

Book Value vs Market Value Analysis

This analysis compares Grande Portage 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: 1.81x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1999-10-31	CA$-0.10	CA$0.31	x
2000-10-31	CA$-0.12	CA$0.31	x
2001-10-31	CA$-0.18	CA$0.31	x
2002-10-31	CA$-0.21	CA$0.31	x
2003-10-31	CA$-0.24	CA$0.31	x
2004-10-31	CA$-0.21	CA$0.31	x
2005-10-31	CA$0.41	CA$0.31	x
2006-10-31	CA$0.66	CA$0.31	x
2007-10-31	CA$1.95	CA$0.31	x
2008-10-31	CA$1.81	CA$0.31	x
2009-10-31	CA$1.76	CA$0.31	x
2010-10-31	CA$2.13	CA$0.31	x
2011-10-31	CA$1.87	CA$0.31	x
2012-10-31	CA$1.77	CA$0.31	x
2013-10-31	CA$1.58	CA$0.31	x
2014-10-31	CA$0.59	CA$0.31	x
2015-10-31	CA$0.55	CA$0.31	x
2016-10-31	CA$0.42	CA$0.31	x
2017-10-31	CA$0.30	CA$0.31	x
2018-10-31	CA$0.24	CA$0.31	x
2019-10-31	CA$0.17	CA$0.31	x
2020-10-31	CA$0.18	CA$0.31	x
2021-10-31	CA$0.20	CA$0.31	x
2022-10-31	CA$0.18	CA$0.31	x
2023-10-31	CA$0.18	CA$0.31	x
2024-10-31	CA$0.17	CA$0.31	x
2025-10-31	CA$0.17	CA$0.31	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Grande Portage 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): -4.05%
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: 1.01x
Recent ROE (-4.05%) is above the historical average (-13.31%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1999	0.00%	0.00%	0.00x	0.00x	CA$-390.91K
2000	0.00%	0.00%	0.00x	0.00x	CA$-60.84K
2001	0.00%	0.00%	0.00x	0.00x	CA$-50.50K
2002	0.00%	0.00%	0.00x	0.00x	CA$-17.18K
2003	0.00%	0.00%	0.00x	0.00x	CA$-119.74K
2004	0.00%	0.00%	0.00x	0.00x	CA$-219.21K
2005	-41.12%	0.00%	0.00x	1.08x	CA$-408.31K
2006	-33.21%	0.00%	0.00x	1.02x	CA$-1.02 Million
2007	-2.63%	0.00%	0.00x	1.02x	CA$-1.45 Million
2008	-8.03%	0.00%	0.00x	1.00x	CA$-2.02 Million
2009	-1.44%	0.00%	0.00x	1.00x	CA$-1.28 Million
2010	14.54%	0.00%	0.00x	1.04x	CA$621.72K
2011	-10.94%	0.00%	0.00x	1.01x	CA$-2.68 Million
2012	-10.22%	0.00%	0.00x	1.02x	CA$-2.46 Million
2013	-12.07%	0.00%	0.00x	1.01x	CA$-2.41 Million
2014	-164.53%	0.00%	0.00x	1.03x	CA$-7.21 Million
2015	-7.23%	0.00%	0.00x	1.07x	CA$-663.21K
2016	-9.32%	0.00%	0.00x	1.10x	CA$-800.95K
2017	-8.69%	0.00%	0.00x	1.09x	CA$-1.11 Million
2018	-16.91%	0.00%	0.00x	1.05x	CA$-2.06 Million
2019	-11.12%	0.00%	0.00x	1.03x	CA$-1.67 Million
2020	-8.66%	0.00%	0.00x	1.04x	CA$-2.23 Million
2021	-6.77%	0.00%	0.00x	1.02x	CA$-2.93 Million
2022	-6.49%	0.00%	0.00x	1.01x	CA$-3.19 Million
2023	-5.55%	0.00%	0.00x	1.06x	CA$-3.07 Million
2024	-4.81%	0.00%	0.00x	1.01x	CA$-3.16 Million
2025	-4.05%	0.00%	0.00x	1.01x	CA$-3.59 Million

Industry Comparison

This section compares Grande Portage Resources Ltd'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
Grande Portage Resources Ltd (GPG)	CA$31.62 Million	0.00%	0.01x	$39.61 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 Grande Portage Resources Ltd

V:GPG Canada Gold

Market Cap

$39.61 Million

CA$54.76 Million CAD

Market Cap Rank

#22775 Global

#832 in Canada

Share Price

CA$0.31

Change (1 day)

-10.29%

52-Week Range

CA$0.17 - CA$0.55

All Time High

CA$0.74