Grande Portage Resources Ltd (GPG) - Net Assets
Based on the latest financial reports, Grande Portage Resources Ltd (GPG) has net assets worth CA$21.82 Million 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$22.01 Million) and total liabilities (CA$194.93K). 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$21.82 Million |
| % of Total Assets | 99.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | 77.99% |
| 10-Year Change | 453.78% |
| Growth Volatility | 95.46 |
Grande Portage Resources Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Grande Portage 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 Grande Portage Resources Ltd (1999–2024)
The table below shows the annual net assets of Grande Portage Resources Ltd from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | CA$21.32 Million | +7.83% |
| 2023-10-31 | CA$19.77 Million | +2.38% |
| 2022-10-31 | CA$19.31 Million | +10.70% |
| 2021-10-31 | CA$17.45 Million | +45.64% |
| 2020-10-31 | CA$11.98 Million | +51.10% |
| 2019-10-31 | CA$7.93 Million | +3.34% |
| 2018-10-31 | CA$7.67 Million | +28.78% |
| 2017-10-31 | CA$5.96 Million | +43.68% |
| 2016-10-31 | CA$4.15 Million | +7.68% |
| 2015-10-31 | CA$3.85 Million | -6.74% |
| 2014-10-31 | CA$4.13 Million | -62.19% |
| 2013-10-31 | CA$10.92 Million | -10.31% |
| 2012-10-31 | CA$12.17 Million | -4.93% |
| 2011-10-31 | CA$12.80 Million | -6.58% |
| 2010-10-31 | CA$13.71 Million | +22.02% |
| 2009-10-31 | CA$11.23 Million | +0.34% |
| 2008-10-31 | CA$11.19 Million | -2.75% |
| 2007-10-31 | CA$11.51 Million | +385.94% |
| 2006-10-31 | CA$2.37 Million | +196.59% |
| 2005-10-31 | CA$798.69K | +351.81% |
| 2004-10-31 | CA$-317.18K | +6.25% |
| 2003-10-31 | CA$-338.32K | -33.59% |
| 2002-10-31 | CA$-253.26K | -20.17% |
| 2001-10-31 | CA$-210.75K | -51.43% |
| 2000-10-31 | CA$-139.18K | -35.75% |
| 1999-10-31 | CA$-102.53K | -- |
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 2117842700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$45.61 Million | 213.94% |
| Total Equity | CA$21.32 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 |
|---|---|
|
Heerim Architects & Planners Co. Ltd
KQ:037440
|
$50.90 Million |
|
Hoffmen Cleanindo
JK:KING
|
$50.91 Million |
|
Ipopema Securities SA
WAR:IPE
|
$50.92 Million |
|
Greenland Mines Ltd
NASDAQ:GRML
|
$50.92 Million |
|
Iskandar Waterfront City Bhd
KLSE:1589
|
$50.88 Million |
|
Rent.com.Au Ltd
AU:RNT
|
$50.88 Million |
|
Duck Yang Ind
KO:024900
|
$50.87 Million |
|
Fonet Bilgi Teknolojileri AS
IS:FONET
|
$50.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grande Portage Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,772,991 to 21,320,917, a change of 1,547,926 (7.8%).
- Net loss of 1,026,357 reduced equity.
- New share issuances of 2,121,983 increased equity.
- Other comprehensive income decreased equity by 4,242,279.
- Other factors increased equity by 4,694,579.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.03 Million | -4.81% |
| Share Issuances | CA$2.12 Million | +9.95% |
| Other Comprehensive Income | CA$-4.24 Million | -19.9% |
| Other Changes | CA$4.69 Million | +22.02% |
| Total Change | CA$- | 7.83% |
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: 2.66x
- 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$0.45 | x |
| 2000-10-31 | CA$-0.12 | CA$0.45 | x |
| 2001-10-31 | CA$-0.18 | CA$0.45 | x |
| 2002-10-31 | CA$-0.21 | CA$0.45 | x |
| 2003-10-31 | CA$-0.24 | CA$0.45 | x |
| 2004-10-31 | CA$-0.21 | CA$0.45 | x |
| 2005-10-31 | CA$0.41 | CA$0.45 | x |
| 2006-10-31 | CA$0.66 | CA$0.45 | x |
| 2007-10-31 | CA$1.95 | CA$0.45 | x |
| 2008-10-31 | CA$1.81 | CA$0.45 | x |
| 2009-10-31 | CA$1.76 | CA$0.45 | x |
| 2010-10-31 | CA$2.13 | CA$0.45 | x |
| 2011-10-31 | CA$1.87 | CA$0.45 | x |
| 2012-10-31 | CA$1.77 | CA$0.45 | x |
| 2013-10-31 | CA$1.58 | CA$0.45 | x |
| 2014-10-31 | CA$0.59 | CA$0.45 | x |
| 2015-10-31 | CA$0.55 | CA$0.45 | x |
| 2016-10-31 | CA$0.42 | CA$0.45 | x |
| 2017-10-31 | CA$0.30 | CA$0.45 | x |
| 2018-10-31 | CA$0.24 | CA$0.45 | x |
| 2019-10-31 | CA$0.17 | CA$0.45 | x |
| 2020-10-31 | CA$0.18 | CA$0.45 | x |
| 2021-10-31 | CA$0.20 | CA$0.45 | x |
| 2022-10-31 | CA$0.18 | CA$0.45 | x |
| 2023-10-31 | CA$0.18 | CA$0.45 | x |
| 2024-10-31 | CA$0.17 | CA$0.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grande Portage Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-4.81%) is above the historical average (-13.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-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 |
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: $37,435,313
- Average return on equity (ROE) among peers: -27.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grande Portage Resources Ltd (GPG) | CA$21.82 Million | 0.00% | 0.01x | $50.89 Million |
| Abcourt Mines Inc. (ABI) | $-3.13 Million | 0.00% | 0.00x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $20.44 Million | -35.77% | 0.45x | $3.68 Million |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $1.78 Million | -62.23% | 0.56x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $9.71 Million |
| Alkane Resources Limited (ALK) | $309.37 Million | 5.71% | 0.50x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-656.72K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $21.46 Million | -7.16% | 0.01x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.56 Million | -6.01% | 0.17x | $1.59 Million |
About Grande Portage Resources Ltd
Grande Portage Resources Ltd., an exploration stage company, explores for, and develops natural resource properties in the United States. The company primarily explores for gold deposits. It holds 100% interest in the New Amalga Mine Gold project comprising 91 unpatented mining claims in the north of Juneau, Alaska. The company was incorporated in 1984 and is headquartered in Vancouver, Canada.