Lavras Gold Corp (LGC) - Net Assets
Based on the latest financial reports, Lavras Gold Corp (LGC) has net assets worth CA$36.74 Million CAD (≈ $26.57 Million 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$38.29 Million ≈ $27.70 Million USD) and total liabilities (CA$1.55 Million ≈ $1.12 Million 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 Lavras Gold Corp tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$36.74 Million |
| % of Total Assets | 95.94% |
| Annual Growth Rate | 28972.31% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 707224379.99 |
Lavras Gold Corp - Net Assets Trend (2021–2024)
This chart illustrates how Lavras Gold Corp's net assets have evolved over time, based on quarterly financial data. See Lavras Gold Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Lavras Gold Corp (2021–2024)
The table below shows the annual net assets of Lavras Gold Corp from 2021 to 2024. For live valuation and market cap data, see Lavras Gold Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$24.67 Million ≈ $17.84 Million |
-7.79% |
| 2023-12-31 | CA$26.75 Million ≈ $19.35 Million |
+78.32% |
| 2022-12-31 | CA$15.00 Million ≈ $10.85 Million |
+1500249500.00% |
| 2021-12-31 | CA$1.00 ≈ $0.72 |
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Equity Component Analysis
This analysis shows how different components contribute to Lavras Gold 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 682935500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$32.30 Million | 130.96% |
| Total Equity | CA$24.67 Million | 100.00% |
Lavras Gold Corp Competitors by Market Cap
The table below lists competitors of Lavras Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Terracom Ltd
AU:TER
|
$92.85 Million |
|
Winsome Resources Ltd
AU:WR1
|
$92.90 Million |
|
Cameo Communications Inc
TW:6142
|
$92.96 Million |
|
Empire Petroleum Corp
NYSE MKT:EP
|
$92.98 Million |
|
Seanergy Maritime Holdings Corp
F:RHSR
|
$92.81 Million |
|
Muhibbah Engineering M Bhd
KLSE:5703
|
$92.77 Million |
|
51 TALK ONL. SP.ADR A 60
F:C4G0
|
$92.77 Million |
|
Genasys Inc
NASDAQ:GNSS
|
$92.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lavras Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,752,276 to 24,667,483, a change of -2,084,793 (-7.8%).
- Net loss of 3,668,107 reduced equity.
- Other factors increased equity by 1,583,314.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.67 Million | -14.87% |
| Other Changes | CA$1.58 Million | +6.42% |
| Total Change | CA$- | -7.79% |
Book Value vs Market Value Analysis
This analysis compares Lavras Gold 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: 4.58x
- 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 decreased from 90428511.80x to 4.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$0.00 | CA$2.20 | x |
| 2022-12-31 | CA$0.36 | CA$2.20 | x |
| 2023-12-31 | CA$0.52 | CA$2.20 | x |
| 2024-12-31 | CA$0.48 | CA$2.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lavras Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.05x
- Recent ROE (-14.87%) is below the historical average (-11.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -12.88% | 0.00% | 0.00x | 1.06x | CA$-3.43 Million |
| 2023 | -7.62% | 0.00% | 0.00x | 1.03x | CA$-4.71 Million |
| 2024 | -14.87% | 0.00% | 0.00x | 1.05x | CA$-6.13 Million |
Industry Comparison
This section compares Lavras Gold Corp'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 |
|---|---|---|---|---|
| Lavras Gold Corp (LGC) | CA$36.74 Million | -12.88% | 0.04x | $92.83 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 Lavras Gold Corp
Lavras Gold Corp. engages in the exploration and development of mineral resource properties in Brazil. Its flagship project is the Lavras do Sul, an advanced exploration gold project that includes 34 mineral rights covering an area of approximately 22,833 hectares located in Rio Grande do Sul, Brazil. The company was incorporated in 2021 and is headquartered in Toronto, Canada.