GSP Resource Corp Net Assets
GSP Resource Corp net assets. Based on the latest financial reports, GSP Resource Corp (GSPR) has net assets worth CA$3.80 Million CAD (≈ $2.75 Million USD) as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.81 Million ≈ $2.76 Million USD) and total liabilities (CA$16.48K ≈ $11.92K 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 GSPR year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$3.80 Million |
| % of Total Assets | 99.57% |
| Annual Growth Rate | 41.38% |
| 5-Year Change | 109.27% |
| 10-Year Change | N/A |
| Growth Volatility | 57.06 |
Net Assets of GSP Resource Corp (2018–2024)
Net assets of GSP Resource Corp from 2018 to 2024. This chart illustrates how GSP Resource Corp's net assets have evolved over time, based on quarterly financial data. See GSPR equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for GSP Resource Corp (2018–2024)
The table below shows the annual net assets of GSP Resource Corp from 2018 to 2024. For live market cap and overall valuation, see market cap of GSP Resource Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | CA$2.68 Million ≈ $1.94 Million |
+20.70% |
| 2023-05-31 | CA$2.22 Million ≈ $1.61 Million |
-4.23% |
| 2022-05-31 | CA$2.32 Million ≈ $1.68 Million |
+8.03% |
| 2021-05-31 | CA$2.15 Million ≈ $1.55 Million |
+67.58% |
| 2020-05-31 | CA$1.28 Million ≈ $927.75K |
+43.13% |
| 2019-05-31 | CA$896.06K ≈ $648.20K |
+166.70% |
| 2018-05-31 | CA$335.98K ≈ $243.04K |
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Equity Component Analysis
This analysis shows how different components contribute to GSP Resource 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 217463100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
GSP Resource Corp Net Assets Breakdown (May 2024)
GSP Resource Corp net assets breakdown by equity component as of May 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$4.89 Million | 182.08% |
| Total Equity | CA$2.68 Million | 100.00% |
GSP Resource Corp Competitors by Market Cap
The table below lists competitors of GSP Resource Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quebec Precious Metals Corporation
V:QPM
|
$2.62 Million |
|
METCH INTL LTD. SD -25
F:VZ3P
|
$2.63 Million |
|
Sparton Resources Inc
V:SRI
|
$2.63 Million |
|
Sylvania Platinum Limited
LSE:SLP
|
$2.63 Million |
|
Emetals Ltd
AU:EMT
|
$2.62 Million |
|
Tribal Group plc
LSE:TRB
|
$2.62 Million |
|
Techgen Metals Ltd
AU:TG1
|
$2.62 Million |
|
Mid Wynd International Investment Trust plc
LSE:MWY
|
$2.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GSP Resource Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,223,657 to 2,683,950, a change of 460,293 (20.7%).
- Net loss of 557,950 reduced equity.
- New share issuances of 690,443 increased equity.
- Other factors increased equity by 327,800.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-557.95K | -20.79% |
| Share Issuances | CA$690.44K | +25.72% |
| Other Changes | CA$327.80K | +12.21% |
| Total Change | CA$- | 20.70% |
Book Value vs Market Value Analysis
This analysis compares GSP Resource 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
- Current price-to-book ratio: 0.82x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.32x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-05-31 | CA$0.03 | CA$0.08 | x |
| 2019-05-31 | CA$0.08 | CA$0.08 | x |
| 2020-05-31 | CA$0.09 | CA$0.08 | x |
| 2021-05-31 | CA$0.11 | CA$0.08 | x |
| 2022-05-31 | CA$0.11 | CA$0.08 | x |
| 2023-05-31 | CA$0.10 | CA$0.08 | x |
| 2024-05-31 | CA$0.09 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GSP Resource Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -20.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-20.79%) is above the historical average (-21.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -33.66% | 0.00% | 0.00x | 1.13x | CA$-146.69K |
| 2019 | -25.18% | 0.00% | 0.00x | 1.03x | CA$-315.19K |
| 2020 | -21.02% | 0.00% | 0.00x | 1.01x | CA$-397.84K |
| 2021 | -23.00% | 0.00% | 0.00x | 1.01x | CA$-709.26K |
| 2022 | -14.57% | 0.00% | 0.00x | 1.01x | CA$-570.42K |
| 2023 | -12.99% | 0.00% | 0.00x | 1.08x | CA$-511.31K |
| 2024 | -20.79% | 0.00% | 0.00x | 1.03x | CA$-826.35K |
Industry Comparison
This section compares GSP Resource Corp'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: $22,118,038
- Average return on equity (ROE) among peers: 26.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GSP Resource Corp (GSPR) | CA$3.80 Million | -33.66% | 0.00x | $2.62 Million |
| AbraSilver Resource Corp. (ABRA) | $11.33 Million | -13.60% | 0.11x | $1.16 Billion |
| Archon Minerals Ltd (ACS) | $215.45K | 489.05% | 302.33x | $1.18 Million |
| Arctic Star Exploration Corp (ADD) | $4.13 Million | -73.65% | 0.19x | $1.73 Million |
| Adyton Resources Corp (ADY) | $12.43 Million | -5.18% | 0.02x | $80.71 Million |
| Adamera Minerals Corp. (ADZ) | $7.92 Million | -7.08% | 0.19x | $3.92 Million |
| Austral Gold Ltd (AGLD) | $142.71 Million | 17.56% | 0.29x | $65.15 Million |
| Clean Air Metals Inc (AIR) | $1.27 Million | -89.55% | 0.55x | $9.06 Million |
| Alpha Exploration Ltd (ALEX) | $4.99 Million | -37.44% | 0.27x | $22.04 Million |
| American Creek Resources Ltd (AMK) | $12.02 Million | -12.28% | 0.21x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $24.16 Million | -1.79% | 0.01x | $4.54 Million |
About GSP Resource Corp
GSP Resource Corp. engages in the exploration of mineral properties in Canada. The company primarily explores for copper, gold, silver, molybdenum, and palladium deposits. It holds 100% interest in the Alwin project, as well as Mer claims of 185 hectares in the Highland Valley Copper Camp located in Logan Lake, British Columbia; and the Olivine Mountain project comprising 3021.87 hectares located… Read more