Maple Gold Mines Ltd (MGM) - Net Assets

Latest as of December 2025: CA$15.12 Million CAD ≈ $10.94 Million USD

Based on the latest financial reports, Maple Gold Mines Ltd (MGM) has net assets worth CA$15.12 Million CAD (≈ $10.94 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$16.50 Million ≈ $11.93 Million USD) and total liabilities (CA$1.38 Million ≈ $996.95K 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 Maple Gold Mines Ltd (MGM) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$15.12 Million
% of Total Assets	91.65%
Annual Growth Rate	6.5%
5-Year Change	-15.54%
10-Year Change	249.14%
Growth Volatility	155.61

Maple Gold Mines Ltd - Net Assets Trend (2010–2025)

This chart illustrates how Maple Gold Mines Ltd's net assets have evolved over time, based on quarterly financial data. See Maple Gold Mines Ltd (MGM) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Maple Gold Mines Ltd (2010–2025)

The table below shows the annual net assets of Maple Gold Mines Ltd from 2010 to 2025. For live valuation and market cap data, see MGM company net worth.

Year	Net Assets	Change
2025-12-31	CA$15.12 Million ≈ $10.94 Million	+190.21%
2024-12-31	CA$5.21 Million ≈ $3.77 Million	+72.01%
2023-12-31	CA$3.03 Million ≈ $2.19 Million	-67.45%
2022-12-31	CA$9.30 Million ≈ $6.73 Million	-48.02%
2021-12-31	CA$17.90 Million ≈ $12.95 Million	-6.26%
2020-12-31	CA$19.10 Million ≈ $13.81 Million	+475.19%
2019-12-31	CA$3.32 Million ≈ $2.40 Million	-7.43%
2018-12-31	CA$3.59 Million ≈ $2.59 Million	+15.02%
2017-12-31	CA$3.12 Million ≈ $2.26 Million	-28.00%
2016-12-31	CA$4.33 Million ≈ $3.13 Million	+4691.43%
2015-12-31	CA$-94.31K ≈ $-68.22K	-100.33%
2014-12-31	CA$28.77 Million ≈ $20.81 Million	-0.93%
2013-12-31	CA$29.04 Million ≈ $21.01 Million	+3.50%
2012-12-31	CA$28.06 Million ≈ $20.30 Million	+13.41%
2011-12-31	CA$24.74 Million ≈ $17.90 Million	+321.04%
2010-12-31	CA$5.88 Million ≈ $4.25 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Maple Gold Mines Ltd'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 9698421500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CA$112.71 Million	745.48%
Total Equity	CA$15.12 Million	100.00%

Maple Gold Mines Ltd Competitors by Market Cap

The table below lists competitors of Maple Gold Mines Ltd ranked by their market capitalization.

Company	Market Cap
Well Shin Technology Co Ltd TW:3501	$158.72 Million
Quipt Home Medical Corp NASDAQ:QIPT	$158.74 Million
Terra Santa Propriedades Agrícolas S.A. SA:LAND3	$158.76 Million
Austral Resources Australia Ltd AU:AR1	$158.89 Million
FIGX Capital Acquisition Corp. Class A Ordinary Share NASDAQ:FIGX	$158.65 Million
Onano Industrial Corp TW:6405	$158.59 Million
Ilyang Pharm KO:007570	$158.52 Million
Acme United Corporation NYSE MKT:ACU	$158.51 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Maple Gold Mines Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 5,209,553 to 15,118,778, a change of 9,909,225 (190.2%).
Net loss of 8,185,132 reduced equity.
New share issuances of 16,785,305 increased equity.
Other factors increased equity by 1,309,052.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-8.19 Million	-54.14%
Share Issuances	CA$16.79 Million	+111.02%
Other Changes	CA$1.31 Million	+8.66%
Total Change	CA$-	190.21%

Book Value vs Market Value Analysis

This analysis compares Maple Gold Mines Ltd'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: 12.88x
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 increased from 7.03x to 12.88x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2010-12-31	CA$0.45	CA$3.13	x
2011-12-31	CA$0.76	CA$3.13	x
2012-12-31	CA$0.50	CA$3.13	x
2013-12-31	CA$0.42	CA$3.13	x
2014-12-31	CA$0.41	CA$3.13	x
2015-12-31	CA$0.00	CA$3.13	x
2016-12-31	CA$0.05	CA$3.13	x
2017-12-31	CA$0.02	CA$3.13	x
2018-12-31	CA$0.02	CA$3.13	x
2019-12-31	CA$0.01	CA$3.13	x
2020-12-31	CA$0.07	CA$3.13	x
2021-12-31	CA$0.06	CA$3.13	x
2022-12-31	CA$0.03	CA$3.13	x
2023-12-31	CA$0.01	CA$3.13	x
2024-12-31	CA$0.11	CA$3.13	x
2025-12-31	CA$0.24	CA$3.13	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Maple Gold Mines Ltd 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): -54.14%
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: 1.09x
Recent ROE (-54.14%) is above the historical average (-82.40%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	-7.30%	0.00%	0.00x	1.24x	CA$-1.02 Million
2011	-8.80%	0.00%	0.00x	1.14x	CA$-4.65 Million
2012	-1.57%	0.00%	0.00x	1.11x	CA$-3.25 Million
2013	-0.04%	0.00%	0.00x	1.04x	CA$-2.91 Million
2014	-0.88%	0.00%	0.00x	1.04x	CA$-3.13 Million
2015	0.00%	0.00%	0.00x	0.00x	CA$-1.02 Million
2016	-69.87%	0.00%	0.00x	1.23x	CA$-3.46 Million
2017	-394.43%	0.00%	0.00x	2.25x	CA$-12.61 Million
2018	-158.44%	0.00%	0.00x	1.50x	CA$-6.04 Million
2019	-132.00%	0.00%	0.00x	1.76x	CA$-4.71 Million
2020	-28.02%	0.00%	0.00x	1.13x	CA$-7.26 Million
2021	-33.71%	0.00%	0.00x	1.25x	CA$-7.82 Million
2022	-111.70%	0.00%	0.00x	1.20x	CA$-11.32 Million
2023	-232.18%	0.00%	0.00x	1.51x	CA$-7.34 Million
2024	-85.31%	0.00%	0.00x	1.74x	CA$-4.97 Million
2025	-54.14%	0.00%	0.00x	1.09x	CA$-9.70 Million

Industry Comparison

This section compares Maple Gold Mines Ltd'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
Maple Gold Mines Ltd (MGM)	CA$15.12 Million	-7.30%	0.09x	$158.66 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 Maple Gold Mines Ltd

V:MGM Canada Gold

Market Cap

$158.66 Million

CA$219.33 Million CAD

Market Cap Rank

#17459 Global

#559 in Canada

Share Price

CA$3.13

Change (1 day)

+1.29%

52-Week Range

CA$0.07 - CA$3.93

All Time High

CA$3.93