Gossan Resources Ltd (GSS) - Net Assets

Latest as of September 2025: CA$426.74K CAD ≈ $308.70K USD

Based on the latest financial reports, Gossan Resources Ltd (GSS) has net assets worth CA$426.74K CAD (≈ $308.70K USD) 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 ≈ $409.79K USD) and total liabilities (CA$139.75K ≈ $101.10K 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 asset resilience ratio of Gossan Resources Ltd to evaluate the company's liquid asset resilience ratio.

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. Also explore GSS total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see GSS market cap.

Year Net Assets Change
2025-03-31 CA$297.29K
≈ $215.05K		 -60.28%
2024-03-31 CA$748.41K
≈ $541.39K		 +836.49%
2023-03-31 CA$79.92K
≈ $57.81K		 -77.14%
2022-03-31 CA$349.61K
≈ $252.90K		 +80.79%
2021-03-31 CA$193.38K
≈ $139.89K		 +215.57%
2020-03-31 CA$-167.32K
≈ $-121.04K		 -1114.25%
2019-03-31 CA$-13.78K
≈ $-9.97K		 -105.24%
2018-03-31 CA$263.06K
≈ $190.29K		 +107.58%
2017-03-31 CA$126.73K
≈ $91.67K		 -68.89%
2016-03-31 CA$407.33K
≈ $294.66K		 -44.76%
2015-03-31 CA$737.35K
≈ $533.39K		 -2.98%
2014-03-31 CA$760.01K
≈ $549.78K		 +20.18%
2013-03-31 CA$632.38K
≈ $457.45K		 -51.94%
2012-03-31 CA$1.32 Million
≈ $951.80K		 +511.62%
2011-03-31 CA$215.13K
≈ $155.62K		 -95.86%
2010-03-31 CA$5.20 Million
≈ $3.76 Million		 -6.22%
2009-03-31 CA$5.54 Million
≈ $4.01 Million		 +0.10%
2008-03-31 CA$5.54 Million
≈ $4.00 Million		 +64.74%
2007-03-31 CA$3.36 Million
≈ $2.43 Million		 -4.25%
2006-03-31 CA$3.51 Million
≈ $2.54 Million		 +7.91%
2005-03-31 CA$3.25 Million
≈ $2.35 Million		 +2.11%
2004-03-31 CA$3.19 Million
≈ $2.30 Million		 +1.36%
2003-03-31 CA$3.14 Million
≈ $2.27 Million		 +15.79%
2002-03-31 CA$2.71 Million
≈ $1.96 Million		 +3.21%
2001-03-31 CA$2.63 Million
≈ $1.90 Million		 -8.43%
2000-03-31 CA$2.87 Million
≈ $2.08 Million		 +0.31%
1999-03-31 CA$2.86 Million
≈ $2.07 Million		 +9.49%
1998-03-31 CA$2.61 Million
≈ $1.89 Million		 +8.71%
1997-03-31 CA$2.41 Million
≈ $1.74 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
Sienna Resources Inc
V:SIE
 $1.47 Million
Global Energy Metals Corp
V:GEMC
 $1.47 Million
Digjam Limited
NSE:DIGJAMLTD
 $1.47 Million
ALPHAHELIX MOL.DIAGN. SK1
F:4MB
 $1.47 Million
Conduit Capital Ltd
JSE:CND
 $1.46 Million
Impax Asset Management Group Plc
LSE:IPX
 $1.46 Million
Solid Clouds hf
IC:SOLID
 $1.46 Million
FINTECH S.A. ZY 5
F:9DZ
 $1.46 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: 6.81x
  • 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 0.08x to 6.81x 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$0.03 x
1998-03-31 CA$0.41 CA$0.03 x
1999-03-31 CA$0.43 CA$0.03 x
2000-03-31 CA$0.43 CA$0.03 x
2001-03-31 CA$0.39 CA$0.03 x
2002-03-31 CA$0.34 CA$0.03 x
2003-03-31 CA$0.24 CA$0.03 x
2004-03-31 CA$0.22 CA$0.03 x
2005-03-31 CA$0.19 CA$0.03 x
2006-03-31 CA$0.18 CA$0.03 x
2007-03-31 CA$0.15 CA$0.03 x
2008-03-31 CA$0.20 CA$0.03 x
2009-03-31 CA$0.19 CA$0.03 x
2010-03-31 CA$0.18 CA$0.03 x
2011-03-31 CA$0.00 CA$0.03 x
2012-03-31 CA$0.04 CA$0.03 x
2013-03-31 CA$0.02 CA$0.03 x
2014-03-31 CA$0.02 CA$0.03 x
2015-03-31 CA$0.02 CA$0.03 x
2016-03-31 CA$0.01 CA$0.03 x
2017-03-31 CA$0.00 CA$0.03 x
2018-03-31 CA$0.01 CA$0.03 x
2019-03-31 CA$0.00 CA$0.03 x
2020-03-31 CA$0.00 CA$0.03 x
2021-03-31 CA$0.01 CA$0.03 x
2022-03-31 CA$0.01 CA$0.03 x
2023-03-31 CA$0.00 CA$0.03 x
2024-03-31 CA$0.01 CA$0.03 x
2025-03-31 CA$0.00 CA$0.03 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: $49,314,810
  • Average return on equity (ROE) among peers: -11.56%

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 $1.46 Million
Aftermath Silver Ltd (AAG) $-553.41K 0.00% 0.00x $185.75 Million
Aton Resources Inc (AAN) $-1.13 Million 0.00% 0.00x $49.79 Million
Arbor Metals Corp (ABR) $1.00 Million -16.27% 0.02x $10.75 Million
Asiabasemetals Inc (ABZ) $717.72K -45.73% 0.05x $4.67 Million
Adex Mining Inc (ADE) $-30.95 Million 0.00% 0.00x $27.09 Million
Alphamin Res (AFM) $367.40 Million 27.47% 0.33x $1.30 Billion
Silver X Mining Corp (AGX) $38.37 Million -47.47% 0.73x $148.73 Million
Amarc Resources Ltd. (AHR) $14.00 Million 5.93% 0.01x $148.33 Million
Almonty Industries Inc (AII) $39.75 Million -36.45% 3.85x $4.73 Billion
Aldebaran Resources Inc (ALDE) $64.54 Million -3.09% 0.01x $332.39 Million

About Gossan Resources Ltd

V:GSS Canada Other Industrial Metals & Mining
Market Cap
$1.46 Million
CA$2.02 Million CAD
Market Cap Rank
#29947 Global
#1542 in Canada
Share Price
CA$0.03
Change (1 day)
+0.00%
52-Week Range
CA$0.02 - CA$0.05
All Time High
CA$0.30
Categories
Companies in Canada Other Industrial Metals & Mining
About

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