Magnum Goldcorp Inc (MGI) - Net Assets
Based on the latest financial reports, Magnum Goldcorp Inc (MGI) has net assets worth CA$-95.59K CAD as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$49.19K) and total liabilities (CA$144.78K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-95.59K |
| % of Total Assets | -194.31% |
| Annual Growth Rate | N/A |
| 5-Year Change | -101.08% |
| 10-Year Change | -101.15% |
| Growth Volatility | 189.36 |
Magnum Goldcorp Inc - Net Assets Trend (2014–2025)
This chart illustrates how Magnum Goldcorp Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Magnum Goldcorp Inc (2014–2025)
The table below shows the annual net assets of Magnum Goldcorp Inc from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | CA$-29.26K | -100.85% |
| 2024-05-31 | CA$3.46 Million | -2.17% |
| 2023-05-31 | CA$3.54 Million | -0.57% |
| 2022-05-31 | CA$3.56 Million | +31.58% |
| 2021-05-31 | CA$2.70 Million | -1.51% |
| 2020-05-31 | CA$2.75 Million | +5.96% |
| 2019-05-31 | CA$2.59 Million | -7.95% |
| 2018-05-31 | CA$2.81 Million | +13.57% |
| 2017-05-31 | CA$2.48 Million | -2.93% |
| 2016-05-31 | CA$2.55 Million | +641.09% |
| 2015-05-31 | CA$344.55K | -17.74% |
| 2014-05-31 | CA$418.83K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Magnum Goldcorp 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 532135500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$5.68 Million | % |
| Total Equity | CA$-29.26K | 100.00% |
Magnum Goldcorp Inc Competitors by Market Cap
The table below lists competitors of Magnum Goldcorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mulberry Group PLC
LSE:MUL
|
$853.65K |
|
Braemar Plc
LSE:BMS
|
$855.32K |
|
Migo Opportunities Trust PLC
LSE:MIGO
|
$856.39K |
|
Ovoca Gold PLC
IR:OVXA
|
$856.42K |
|
New Energy Metals Corp
V:ENRG
|
$844.83K |
|
BIOVICA INTL. SK-07
F:9II
|
$843.47K |
|
Carr's Group plc
LSE:CARR
|
$840.50K |
|
AdCapital AG
F:ADC
|
$839.41K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Magnum Goldcorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,460,995 to -29,264, a change of -3,490,259 (-100.8%).
- Net loss of 3,723,070 reduced equity.
- New share issuances of 150,000 increased equity.
- Other factors increased equity by 82,811.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.72 Million | -12722.36% |
| Share Issuances | CA$150.00K | +512.58% |
| Other Changes | CA$82.81K | +282.98% |
| Total Change | CA$- | -100.85% |
Book Value vs Market Value Analysis
This analysis compares Magnum Goldcorp 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-05-31 | CA$0.35 | CA$0.13 | x |
| 2018-05-31 | CA$0.33 | CA$0.13 | x |
| 2019-05-31 | CA$0.29 | CA$0.13 | x |
| 2020-05-31 | CA$0.19 | CA$0.13 | x |
| 2021-05-31 | CA$0.18 | CA$0.13 | x |
| 2022-05-31 | CA$0.10 | CA$0.13 | x |
| 2023-05-31 | CA$0.10 | CA$0.13 | x |
| 2024-05-31 | CA$0.09 | CA$0.13 | x |
| 2025-05-31 | CA$0.00 | CA$0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Magnum Goldcorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-13.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -48.56% | 0.00% | 0.00x | 1.42x | CA$-245.28K |
| 2015 | -38.83% | 0.00% | 0.00x | 1.34x | CA$-168.25K |
| 2016 | -12.01% | 0.00% | 0.00x | 1.07x | CA$-562.04K |
| 2017 | -18.47% | 0.00% | 0.00x | 1.11x | CA$-705.54K |
| 2018 | -11.94% | 0.00% | 0.00x | 1.06x | CA$-617.45K |
| 2019 | -10.83% | 0.00% | 0.00x | 1.16x | CA$-539.81K |
| 2020 | -3.03% | 0.00% | 0.00x | 1.13x | CA$-357.84K |
| 2021 | -3.61% | 0.00% | 0.00x | 1.15x | CA$-367.94K |
| 2022 | -8.37% | 0.00% | 0.00x | 1.05x | CA$-653.68K |
| 2023 | -2.43% | 0.00% | 0.00x | 1.03x | CA$-439.66K |
| 2024 | -2.22% | 0.00% | 0.00x | 1.04x | CA$-422.94K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.72 Million |
Industry Comparison
This section compares Magnum Goldcorp Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $37,435,313
- Average return on equity (ROE) among peers: -27.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Magnum Goldcorp Inc (MGI) | CA$-95.59K | -48.56% | N/A | $847.35K |
| 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 Magnum Goldcorp Inc
Magnum Goldcorp Inc. engages in the acquisition, exploration, and development of mineral resource properties in Canada. It owns a 100% interest in the LH gold property, which consists of 19 contiguous crown granted claims and 7 mineral claims located to the south of the village of Silverton, British Columbia. The company was formerly known as Magnum Capital Corp. and changed its name to Magnum Go… Read more