Gungnir Resources Inc (GUG) - Net Assets

Latest as of December 2025: CA$3.49 Million CAD ≈ $2.52 Million USD

Based on the latest financial reports, Gungnir Resources Inc (GUG) has net assets worth CA$3.49 Million CAD (≈ $2.52 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.51 Million ≈ $2.54 Million USD) and total liabilities (CA$25.52K ≈ $18.46K 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 how tangible is Gungnir Resources Inc's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$3.49 Million
% of Total Assets 99.27%
Annual Growth Rate -0.26%
5-Year Change -10.27%
10-Year Change 425.18%
Growth Volatility 41.05

Gungnir Resources Inc - Net Assets Trend (2001–2025)

This chart illustrates how Gungnir Resources Inc's net assets have evolved over time, based on quarterly financial data. See how many days can Gungnir Resources Inc fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Gungnir Resources Inc (2001–2025)

The table below shows the annual net assets of Gungnir Resources Inc from 2001 to 2025. For live valuation and market cap data, see Gungnir Resources Inc stock valuation.

Year Net Assets Change
2025-12-31 CA$3.49 Million
≈ $2.52 Million		 -22.83%
2024-12-31 CA$4.52 Million
≈ $3.27 Million		 -10.21%
2023-12-31 CA$5.03 Million
≈ $3.64 Million		 -11.49%
2022-12-31 CA$5.69 Million
≈ $4.11 Million		 +46.31%
2021-12-31 CA$3.89 Million
≈ $2.81 Million		 +13.18%
2020-12-31 CA$3.43 Million
≈ $2.48 Million		 +5.65%
2019-12-31 CA$3.25 Million
≈ $2.35 Million		 +55.45%
2018-12-31 CA$2.09 Million
≈ $1.51 Million		 +53.94%
2017-12-31 CA$1.36 Million
≈ $982.39K		 +104.55%
2016-12-31 CA$663.92K
≈ $480.27K		 -18.78%
2015-12-31 CA$817.42K
≈ $591.31K		 -74.30%
2014-12-31 CA$3.18 Million
≈ $2.30 Million		 -73.66%
2013-12-31 CA$12.07 Million
≈ $8.73 Million		 -3.91%
2012-12-31 CA$12.57 Million
≈ $9.09 Million		 -6.44%
2011-12-31 CA$13.43 Million
≈ $9.72 Million		 +2.50%
2010-12-31 CA$13.10 Million
≈ $9.48 Million		 +3.94%
2009-12-31 CA$12.61 Million
≈ $9.12 Million		 +44.09%
2008-12-31 CA$8.75 Million
≈ $6.33 Million		 -4.71%
2007-12-31 CA$9.18 Million
≈ $6.64 Million		 +87.97%
2006-12-31 CA$4.89 Million
≈ $3.53 Million		 -2.01%
2005-12-31 CA$4.99 Million
≈ $3.61 Million		 +36.77%
2004-12-31 CA$3.65 Million
≈ $2.64 Million		 +6.99%
2003-12-31 CA$3.41 Million
≈ $2.46 Million		 -6.11%
2002-12-31 CA$3.63 Million
≈ $2.62 Million		 -2.24%
2001-12-31 CA$3.71 Million
≈ $2.68 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Gungnir Resources Inc'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 3907350500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components CA$42.56 Million 1220.61%
Total Equity CA$3.49 Million 100.00%

Gungnir Resources Inc Competitors by Market Cap

The table below lists competitors of Gungnir Resources Inc ranked by their market capitalization.

Company Market Cap
RWS Holdings PLC
LSE:RWS
 $4.76 Million
Binect AG
XETRA:MA10
 $4.78 Million
Bumi Citra Permai Tbk
JK:BCIP
 $4.78 Million
Biotron Ltd
AU:BIT
 $4.78 Million
Smart Equity AG
HM:SE3
 $4.76 Million
Baillie Gifford Shin Nippon PLC
LSE:BGS
 $4.75 Million
Golden Sky Minerals Corp
V:AUEN
 $4.75 Million
REGENCY SILVER CORP.
F:ZJ9
 $4.75 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 4,518,654 to 3,486,822, a change of -1,031,832 (-22.8%).
  • Net loss of 1,031,832 reduced equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$-1.03 Million -29.59%
Total Change CA$- -22.83%

Book Value vs Market Value Analysis

This analysis compares Gungnir Resources Inc'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: 1.89x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.07x to 1.89x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 CA$0.81 CA$0.06 x
2001-12-31 CA$0.43 CA$0.06 x
2002-12-31 CA$0.40 CA$0.06 x
2003-12-31 CA$0.38 CA$0.06 x
2004-12-31 CA$0.36 CA$0.06 x
2005-12-31 CA$0.44 CA$0.06 x
2006-12-31 CA$0.36 CA$0.06 x
2007-12-31 CA$0.58 CA$0.06 x
2008-12-31 CA$0.43 CA$0.06 x
2009-12-31 CA$0.54 CA$0.06 x
2010-12-31 CA$0.47 CA$0.06 x
2011-12-31 CA$0.43 CA$0.06 x
2012-12-31 CA$0.34 CA$0.06 x
2013-12-31 CA$0.33 CA$0.06 x
2014-12-31 CA$0.08 CA$0.06 x
2015-12-31 CA$0.02 CA$0.06 x
2016-12-31 CA$0.01 CA$0.06 x
2017-12-31 CA$0.02 CA$0.06 x
2018-12-31 CA$0.03 CA$0.06 x
2019-12-31 CA$0.05 CA$0.06 x
2020-12-31 CA$0.05 CA$0.06 x
2021-12-31 CA$0.05 CA$0.06 x
2022-12-31 CA$0.05 CA$0.06 x
2023-12-31 CA$0.04 CA$0.06 x
2024-12-31 CA$0.04 CA$0.06 x
2025-12-31 CA$0.03 CA$0.06 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gungnir Resources Inc 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): -29.59%
  • 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 (-29.59%) is above the historical average (-32.98%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 -6.17% 0.00% 0.00x 1.11x CA$-665.73K
2001 -17.79% 0.00% 0.00x 1.06x CA$-1.03 Million
2002 -2.29% 0.00% 0.00x 1.07x CA$-445.84K
2003 -7.91% 0.00% 0.00x 1.13x CA$-610.23K
2004 -11.72% 0.00% 0.00x 1.09x CA$-791.63K
2005 -9.68% 0.00% 0.00x 1.09x CA$-981.01K
2006 -14.07% 0.00% 0.00x 1.11x CA$-1.18 Million
2007 -25.36% 0.00% 0.00x 1.06x CA$-3.25 Million
2008 11.18% 1244.28% 0.01x 1.09x CA$103.50K
2009 -13.94% -6797.11% 0.00x 1.05x CA$-3.02 Million
2010 -27.21% 0.00% 0.00x 1.03x CA$-4.88 Million
2011 -21.55% 0.00% 0.00x 1.04x CA$-4.24 Million
2012 -8.90% 0.00% 0.00x 1.02x CA$-2.38 Million
2013 -4.07% 0.00% 0.00x 1.01x CA$-1.70 Million
2014 -295.48% 0.00% 0.00x 1.01x CA$-9.72 Million
2015 -298.20% 0.00% 0.00x 1.11x CA$-2.52 Million
2016 -93.20% 0.00% 0.00x 1.33x CA$-685.14K
2017 42.13% 0.00% 0.00x 1.19x CA$436.31K
2018 32.53% 0.00% 0.00x 1.12x CA$471.03K
2019 28.93% 0.00% 0.00x 1.04x CA$615.28K
2020 -18.29% 0.00% 0.00x 1.01x CA$-971.37K
2021 -23.17% 0.00% 0.00x 1.01x CA$-1.29 Million
2022 -16.94% 0.00% 0.00x 1.01x CA$-1.53 Million
2023 -14.14% 0.00% 0.00x 1.01x CA$-1.21 Million
2024 -12.51% 0.00% 0.00x 1.01x CA$-1.02 Million
2025 -29.59% 0.00% 0.00x 1.01x CA$-1.38 Million

Industry Comparison

This section compares Gungnir Resources Inc'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
Gungnir Resources Inc (GUG) CA$3.49 Million -6.17% 0.01x $4.76 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 Gungnir Resources Inc

V:GUG Canada Gold
Market Cap
$4.76 Million
CA$6.58 Million CAD
Market Cap Rank
#28568 Global
#1296 in Canada
Share Price
CA$0.06
Change (1 day)
+0.00%
52-Week Range
CA$0.02 - CA$0.07
All Time High
CA$0.39
Categories
Companies in Canada Gold
About

Gungnir Resources Inc., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Sweden. It explores for gold, base metals, nickel, copper, and volcanogenic massive sulphide deposits. The company holds 100% interest in the Knaften Property covering approximately an area of 4,887 hectares located in Sweden; Lappvattnet and Rormyrberget … Read more