Lincoln Mining Corp Net Assets
Lincoln Mining Corp net assets. Based on the latest financial reports, Lincoln Mining Corp (LMG) has net assets worth CA$-3.03 Million CAD (≈ $-2.19 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$1.52 Million ≈ $1.10 Million USD) and total liabilities (CA$4.54 Million ≈ $3.29 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore LMG year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-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 |
Net Assets of Lincoln Mining Corp (2006–2024)
Net assets of Lincoln Mining Corp from 2006 to 2024. This chart illustrates how Lincoln Mining Corp's net assets have evolved over time, based on quarterly financial data. See Lincoln Mining Corp balance sheet independence to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see how much is Lincoln Mining Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-2.64 Million ≈ $-1.91 Million |
-15.76% |
| 2023-12-31 | CA$-2.28 Million ≈ $-1.65 Million |
+10.87% |
| 2022-12-31 | CA$-2.56 Million ≈ $-1.85 Million |
-65.86% |
| 2021-12-31 | CA$-1.55 Million ≈ $-1.12 Million |
+1.68% |
| 2020-12-31 | CA$-1.57 Million ≈ $-1.14 Million |
+41.34% |
| 2019-12-31 | CA$-2.68 Million ≈ $-1.94 Million |
+3.20% |
| 2018-12-31 | CA$-2.77 Million ≈ $-2.00 Million |
+6.52% |
| 2017-12-31 | CA$-2.96 Million ≈ $-2.14 Million |
+56.58% |
| 2016-12-31 | CA$-6.82 Million ≈ $-4.93 Million |
-1.15% |
| 2015-12-31 | CA$-6.74 Million ≈ $-4.88 Million |
-6.67% |
| 2014-12-31 | CA$-6.32 Million ≈ $-4.57 Million |
-166.13% |
| 2013-12-31 | CA$-2.38 Million ≈ $-1.72 Million |
-24.67% |
| 2008-12-31 | CA$-1.91 Million ≈ $-1.38 Million |
-7785.49% |
| 2007-12-31 | CA$-24.16K ≈ $-17.48K |
+80.81% |
| 2006-12-31 | CA$-125.92K ≈ $-91.09K |
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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.
Lincoln Mining Corp Net Assets Breakdown (December 2024)
Lincoln Mining Corp net assets breakdown by equity component as of 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 |
|---|---|
|
Mcnally Bharat Engineering Company Limited
NSE:MBECL
|
$7.48 Million |
|
Lombard et Medot SA
PA:MLCAC
|
$7.48 Million |
|
Synlogic Inc
NASDAQ:SYBX
|
$7.49 Million |
|
Yimutian Inc. American Depositary Shares
NASDAQ:YMT
|
$7.49 Million |
|
Saray Matbaacilik Kagitcilik Kirtasiyecilik Ticaret ve Sanayi AS
IS:SAMAT
|
$7.48 Million |
|
Advanced Medical Solutions Group plc
LSE:AMS
|
$7.47 Million |
|
Raj Oil Mills Limited
NSE:ROML
|
$7.47 Million |
|
Alzinova AB
ST:ALZ
|
$7.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lincoln Mining Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,284,444 to -2,644,413, a change of -359,969.
- Net loss of 1,511,599 reduced equity.
- New share issuances of 862,500 increased equity.
- Other factors increased equity by 289,130.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-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$0.40 | x |
| 2018-12-31 | CA$-0.37 | CA$0.40 | x |
| 2019-12-31 | CA$-0.17 | CA$0.40 | x |
| 2020-12-31 | CA$-0.05 | CA$0.40 | x |
| 2021-12-31 | CA$-0.40 | CA$0.40 | x |
| 2022-12-31 | CA$-0.66 | CA$0.40 | x |
| 2023-12-31 | CA$-0.17 | CA$0.40 | x |
| 2024-12-31 | CA$-0.15 | CA$0.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lincoln Mining Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-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: $4,097,668,849
- Average return on equity (ROE) among peers: -19.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lincoln Mining Corp (LMG) | CA$-3.03 Million | 0.00% | N/A | $7.48 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $2.46 Billion |
| Abcourt Mines Inc. (ABI) | $31.66 Million | 1.13% | 0.45x | $47.48 Million |
| Barrick Gold Corp (ABX) | $20.73 Billion | 15.79% | 0.61x | $63.22 Billion |
| American Eagle Gold Corp (AE) | $3.09 Million | -121.24% | 0.18x | $133.41 Million |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 9.99% | 0.48x | $87.33 Billion |
| Alamos Gold Inc (AGI) | $320.20 Million | 17.48% | 0.13x | $11.79 Billion |
| AIS Resources Ltd (AIS) | $676.10K | 6.54% | 0.11x | $2.02 Million |
| Alliance Mining Corp (ALM) | $-1.26 Million | 0.00% | 0.00x | $2.09 Million |
| Altamira Gold Corp (ALTA) | $1.03 Million | -73.57% | 0.64x | $39.70 Million |
| Almaden Minerals Ltd (AMM) | $48.07 Million | -21.30% | 0.02x | $24.82 Million |
About Lincoln Mining Corp
Lincoln Gold Mining Inc. engages in the exploration and development of precious metals in the United States. The company explores for gold deposits. It holds interests in the Pine Grove gold property with mining leases on the Wilson and Wheeler mining claims, and 243 unpatented claims located in the Pine Grove Hills, Lyon County, Nevada; and the Oro Cruz gold property that consists of 151 lode cl… Read more