Gossan Resources Ltd
Gossan Resources Limited, an exploration and evaluation stage company, engages in the acquisition, exploration, and development of resource properties in Canada. It holds interest in the Glitter property located in the Sturgeon Lake Greenstone Belt of Northwestern Ontario; the Gander Gold property covers an area of 9050 hectares situated in Newfoundland; and the Weir Pond project covers an area o… Read more
Gossan Resources Ltd (GSS) - Net Assets
Latest net assets as of September 2025: CA$426.74K CAD
Based on the latest financial reports, Gossan Resources Ltd (GSS) has net assets worth CA$426.74K CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$566.50K) and total liabilities (CA$139.75K). 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$426.74K |
| % of Total Assets | 75.33% |
| Annual Growth Rate | -7.19% |
| 5-Year Change | 53.73% |
| 10-Year Change | -27.02% |
| Growth Volatility | 193.52 |
Gossan Resources Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Gossan 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 Gossan Resources Ltd (1997–2025)
The table below shows the annual net assets of Gossan Resources Ltd from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$297.29K | -60.28% |
| 2024-03-31 | CA$748.41K | +836.49% |
| 2023-03-31 | CA$79.92K | -77.14% |
| 2022-03-31 | CA$349.61K | +80.79% |
| 2021-03-31 | CA$193.38K | +215.57% |
| 2020-03-31 | CA$-167.32K | -1114.25% |
| 2019-03-31 | CA$-13.78K | -105.24% |
| 2018-03-31 | CA$263.06K | +107.58% |
| 2017-03-31 | CA$126.73K | -68.89% |
| 2016-03-31 | CA$407.33K | -44.76% |
| 2015-03-31 | CA$737.35K | -2.98% |
| 2014-03-31 | CA$760.01K | +20.18% |
| 2013-03-31 | CA$632.38K | -51.94% |
| 2012-03-31 | CA$1.32 Million | +511.62% |
| 2011-03-31 | CA$215.13K | -95.86% |
| 2010-03-31 | CA$5.20 Million | -6.22% |
| 2009-03-31 | CA$5.54 Million | +0.10% |
| 2008-03-31 | CA$5.54 Million | +64.74% |
| 2007-03-31 | CA$3.36 Million | -4.25% |
| 2006-03-31 | CA$3.51 Million | +7.91% |
| 2005-03-31 | CA$3.25 Million | +2.11% |
| 2004-03-31 | CA$3.19 Million | +1.36% |
| 2003-03-31 | CA$3.14 Million | +15.79% |
| 2002-03-31 | CA$2.71 Million | +3.21% |
| 2001-03-31 | CA$2.63 Million | -8.43% |
| 2000-03-31 | CA$2.87 Million | +0.31% |
| 1999-03-31 | CA$2.86 Million | +9.49% |
| 1998-03-31 | CA$2.61 Million | +8.71% |
| 1997-03-31 | CA$2.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gossan 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 1561769000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$17.77 Million | 5978.57% |
| Total Equity | CA$297.29K | 100.00% |
Gossan Resources Ltd Competitors by Market Cap
The table below lists competitors of Gossan Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dalrada Financial Corp
PINK:DFCO
|
$1.57 Million |
|
Panbela Therapeutics Inc
NASDAQ:PBLA
|
$1.57 Million |
|
Instituto Rosenbusch S.A.
BA:ROSE
|
$1.57 Million |
|
MARKETAXESS HOLDING
MU:MWI
|
$1.57 Million |
|
Agentix Corp
PINK:AGTX
|
$1.57 Million |
|
Intra Energy Corporation
AU:IEC
|
$1.57 Million |
|
WarpSpeed Taxi Inc
PINK:WRPT
|
$1.56 Million |
|
Melar Acquisition Corp. I Warrant
NASDAQ:MACIW
|
$1.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gossan Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 748,415 to 297,289, a change of -451,126 (-60.3%).
- Net loss of 505,064 reduced equity.
- New share issuances of 32,900 increased equity.
- Other factors increased equity by 21,038.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-505.06K | -169.89% |
| Share Issuances | CA$32.90K | +11.07% |
| Other Changes | CA$21.04K | +7.08% |
| Total Change | CA$- | -60.28% |
Book Value vs Market Value Analysis
This analysis compares Gossan 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: 7.94x
- 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 0.09x to 7.94x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-03-31 | CA$0.39 | CA$0.04 | x |
| 1998-03-31 | CA$0.41 | CA$0.04 | x |
| 1999-03-31 | CA$0.43 | CA$0.04 | x |
| 2000-03-31 | CA$0.43 | CA$0.04 | x |
| 2001-03-31 | CA$0.39 | CA$0.04 | x |
| 2002-03-31 | CA$0.34 | CA$0.04 | x |
| 2003-03-31 | CA$0.24 | CA$0.04 | x |
| 2004-03-31 | CA$0.22 | CA$0.04 | x |
| 2005-03-31 | CA$0.19 | CA$0.04 | x |
| 2006-03-31 | CA$0.18 | CA$0.04 | x |
| 2007-03-31 | CA$0.15 | CA$0.04 | x |
| 2008-03-31 | CA$0.20 | CA$0.04 | x |
| 2009-03-31 | CA$0.19 | CA$0.04 | x |
| 2010-03-31 | CA$0.18 | CA$0.04 | x |
| 2011-03-31 | CA$0.00 | CA$0.04 | x |
| 2012-03-31 | CA$0.04 | CA$0.04 | x |
| 2013-03-31 | CA$0.02 | CA$0.04 | x |
| 2014-03-31 | CA$0.02 | CA$0.04 | x |
| 2015-03-31 | CA$0.02 | CA$0.04 | x |
| 2016-03-31 | CA$0.01 | CA$0.04 | x |
| 2017-03-31 | CA$0.00 | CA$0.04 | x |
| 2018-03-31 | CA$0.01 | CA$0.04 | x |
| 2019-03-31 | CA$0.00 | CA$0.04 | x |
| 2020-03-31 | CA$0.00 | CA$0.04 | x |
| 2021-03-31 | CA$0.01 | CA$0.04 | x |
| 2022-03-31 | CA$0.01 | CA$0.04 | x |
| 2023-03-31 | CA$0.00 | CA$0.04 | x |
| 2024-03-31 | CA$0.01 | CA$0.04 | x |
| 2025-03-31 | CA$0.00 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gossan Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -169.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.86x
- Recent ROE (-169.89%) is below the historical average (-161.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -0.39% | -96.12% | 0.00x | 1.01x | CA$-249.91K |
| 1998 | -0.28% | -204.33% | 0.00x | 1.01x | CA$-268.75K |
| 1999 | -0.22% | -46.05% | 0.00x | 1.03x | CA$-292.59K |
| 2000 | -0.18% | -125.82% | 0.00x | 1.06x | CA$-292.36K |
| 2001 | -11.41% | -5188.68% | 0.00x | 1.03x | CA$-563.08K |
| 2002 | -4.82% | -10317.05% | 0.00x | 1.08x | CA$-402.12K |
| 2003 | -6.04% | -9439.85% | 0.00x | 1.02x | CA$-503.99K |
| 2004 | -30.92% | -21552.58% | 0.00x | 1.01x | CA$-1.30 Million |
| 2005 | -23.74% | -33184.36% | 0.00x | 1.01x | CA$-1.10 Million |
| 2006 | -14.70% | -6500.64% | 0.00x | 1.05x | CA$-866.81K |
| 2007 | -23.75% | 0.00% | 0.00x | 1.07x | CA$-1.13 Million |
| 2008 | -14.36% | 0.00% | 0.00x | 1.03x | CA$-1.35 Million |
| 2009 | -0.21% | 0.00% | 0.00x | 1.05x | CA$-565.85K |
| 2010 | -7.42% | 0.00% | 0.00x | 1.07x | CA$-905.53K |
| 2011 | -1733.01% | 0.00% | 0.00x | 25.68x | CA$-590.83K |
| 2012 | 44.91% | 0.00% | 0.00x | 1.26x | CA$459.30K |
| 2013 | -123.00% | 0.00% | 0.00x | 1.15x | CA$-841.04K |
| 2014 | 16.46% | 0.00% | 0.00x | 1.15x | CA$49.08K |
| 2015 | -3.07% | 0.00% | 0.00x | 1.17x | CA$-96.39K |
| 2016 | -84.01% | 0.00% | 0.00x | 1.37x | CA$-382.94K |
| 2017 | -221.43% | 0.00% | 0.00x | 2.98x | CA$-293.28K |
| 2018 | 17.14% | 0.00% | 0.00x | 2.31x | CA$18.79K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-291.07K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-160.81K |
| 2021 | -249.26% | 0.00% | 0.00x | 2.42x | CA$-501.36K |
| 2022 | -640.83% | 0.00% | 0.00x | 2.13x | CA$-2.28 Million |
| 2023 | -1484.10% | 0.00% | 0.00x | 4.06x | CA$-1.19 Million |
| 2024 | 86.00% | 0.00% | 0.00x | 1.26x | CA$568.79K |
| 2025 | -169.89% | 0.00% | 0.00x | 1.86x | CA$-534.79K |
Industry Comparison
This section compares Gossan Resources Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gossan Resources Ltd (GSS) | CA$426.74K | -0.39% | 0.33x | $1.57 Million |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |