Lincoln Mining Corp (LMG) - Net Assets

Latest as of September 2025: CA$-3.03 Million CAD

Based on the latest financial reports, Lincoln Mining Corp (LMG) has net assets worth CA$-3.03 Million 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$1.52 Million) and total liabilities (CA$4.54 Million). 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$-3.03 Million
% of Total Assets	-199.26%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	N/A

Lincoln Mining Corp - Net Assets Trend (2006–2024)

This chart illustrates how Lincoln Mining Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Lincoln Mining Corp (2006–2024)

The table below shows the annual net assets of Lincoln Mining Corp from 2006 to 2024.

Year	Net Assets	Change
2024-12-31	CA$-2.64 Million	-15.76%
2023-12-31	CA$-2.28 Million	+10.87%
2022-12-31	CA$-2.56 Million	-65.86%
2021-12-31	CA$-1.55 Million	+1.68%
2020-12-31	CA$-1.57 Million	+41.34%
2019-12-31	CA$-2.68 Million	+3.20%
2018-12-31	CA$-2.77 Million	+6.52%
2017-12-31	CA$-2.96 Million	+56.58%
2016-12-31	CA$-6.82 Million	-1.15%
2015-12-31	CA$-6.74 Million	-6.67%
2014-12-31	CA$-6.32 Million	-166.13%
2013-12-31	CA$-2.38 Million	-24.67%
2008-12-31	CA$-1.91 Million	-7785.49%
2007-12-31	CA$-24.16K	+80.81%
2006-12-31	CA$-125.92K	--

Equity Component Analysis

This analysis shows how different components contribute to Lincoln Mining 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 3740361100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$38.30 Million	%
Total Equity	CA$-2.64 Million	100.00%

Lincoln Mining Corp Competitors by Market Cap

The table below lists competitors of Lincoln Mining Corp ranked by their market capitalization.

Company	Market Cap
Ambertech Ltd AU:AMO	$8.10 Million
KOYJ Co. Ltd KQ:121850	$8.10 Million
Mathios Refractories S.A. AT:MATHIO	$8.10 Million
Eros International Media Limited NSE:EROSMEDIA	$8.10 Million
EA Holdings Bhd KLSE:0154	$8.10 Million
Thai Nondestructive Testing Public Company Limited BK:TNDT	$8.10 Million
FAST TRACK GROUP NASDAQ:FTRK	$8.09 Million
Target Healthcare REIT Ltd LSE:THRL	$8.09 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Lincoln Mining Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from -2,284,444 to -2,644,413, a change of -359,969.
Net loss of 1,511,599 reduced equity.
New share issuances of 862,500 increased equity.
Other factors increased equity by 289,130.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-1.51 Million	-57.16%
Share Issuances	CA$862.50K	+32.62%
Other Changes	CA$289.13K	+10.93%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares Lincoln Mining 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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	CA$-0.72	CA$0.53	x
2018-12-31	CA$-0.37	CA$0.53	x
2019-12-31	CA$-0.17	CA$0.53	x
2020-12-31	CA$-0.05	CA$0.53	x
2021-12-31	CA$-0.40	CA$0.53	x
2022-12-31	CA$-0.66	CA$0.53	x
2023-12-31	CA$-0.17	CA$0.53	x
2024-12-31	CA$-0.15	CA$0.53	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lincoln Mining 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): 0.00%
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: 0.00x
Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	0.00%	0.00%	0.00x	0.00x	CA$-400.95K
2007	0.00%	0.00%	0.00x	0.00x	CA$-1.08 Million
2008	0.00%	0.00%	0.00x	0.00x	CA$-2.01 Million
2013	0.00%	0.00%	0.00x	0.00x	CA$-5.41 Million
2014	0.00%	0.00%	0.00x	0.00x	CA$-4.48 Million
2015	0.00%	0.00%	0.00x	0.00x	CA$152.01K
2016	0.00%	0.00%	0.00x	0.00x	CA$340.56K
2017	0.00%	0.00%	0.00x	0.00x	CA$2.42 Million
2018	0.00%	0.00%	0.00x	0.00x	CA$-1.06 Million
2019	0.00%	0.00%	0.00x	0.00x	CA$-439.34K
2020	0.00%	0.00%	0.00x	0.00x	CA$-584.93K
2021	0.00%	0.00%	0.00x	0.00x	CA$-1.23 Million
2022	0.00%	0.00%	0.00x	0.00x	CA$-795.95K
2023	0.00%	0.00%	0.00x	0.00x	CA$-6.27 Million
2024	0.00%	0.00%	0.00x	0.00x	CA$-1.25 Million

Industry Comparison

This section compares Lincoln Mining Corp's net assets metrics with peer companies in the Gold industry.

Industry Context

Industry: Gold
Average net assets among peers: $37,435,313
Average return on equity (ROE) among peers: -27.45%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Lincoln Mining Corp (LMG)	CA$-3.03 Million	0.00%	N/A	$8.10 Million
Abcourt Mines Inc. (ABI)	$-3.13 Million	0.00%	0.00x	$86.06 Million
Athabasca Minerals Inc (ABM)	$20.44 Million	-35.77%	0.45x	$3.68 Million
American Eagle Gold Corp (AE)	$3.52 Million	-143.42%	0.34x	$148.82 Million
Aero Energy Limited (AERO)	$14.72 Million	-5.86%	0.05x	$9.68 Million
AIS Resources Ltd (AIS)	$1.78 Million	-62.23%	0.56x	$1.76 Million
Algo Grande Copper Corp. (ALGR)	$3.28 Million	-19.80%	0.18x	$9.71 Million
Alkane Resources Limited (ALK)	$309.37 Million	5.71%	0.50x	$985.87 Million
Alliance Mining Corp (ALM)	$-656.72K	0.00%	0.00x	$1.58 Million
Altamira Gold Corp (ALTA)	$21.46 Million	-7.16%	0.01x	$38.60 Million
Argus Metals Corp. (AML)	$3.56 Million	-6.01%	0.17x	$1.59 Million

About Lincoln Mining Corp

V:LMG Canada Gold

Market Cap

$9.41 Million

CA$13.01 Million CAD

Market Cap Rank

#30940 Global

#1213 in Canada

Share Price

CA$0.53

Change (1 day)

+6.00%

52-Week Range

CA$0.13 - CA$0.93

All Time High

CA$17.00