Nevgold Corp. (NAU) - Net Assets
Based on the latest financial reports, Nevgold Corp. (NAU) has net assets worth CA$33.01 Million CAD (≈ $23.88 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$37.70 Million ≈ $27.27 Million USD) and total liabilities (CA$4.69 Million ≈ $3.39 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 tangible equity quality of Nevgold Corp. to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$33.01 Million |
| % of Total Assets | 87.55% |
| Annual Growth Rate | 33.16% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 21.51 |
Nevgold Corp. - Net Assets Trend (2021–2025)
This chart illustrates how Nevgold Corp.'s net assets have evolved over time, based on quarterly financial data. See Nevgold Corp. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Nevgold Corp. (2021–2025)
The table below shows the annual net assets of Nevgold Corp. from 2021 to 2025. For live valuation and market cap data, see NAU stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$33.01 Million ≈ $23.88 Million |
+40.14% |
| 2024-12-31 | CA$23.55 Million ≈ $17.04 Million |
+18.90% |
| 2023-12-31 | CA$19.81 Million ≈ $14.33 Million |
+12.59% |
| 2022-12-31 | CA$17.60 Million ≈ $12.73 Million |
+67.61% |
| 2021-12-31 | CA$10.50 Million ≈ $7.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nevgold 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 1636286500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$52.44 Million | 158.07% |
| Total Equity | CA$33.18 Million | 100.00% |
Nevgold Corp. Competitors by Market Cap
The table below lists competitors of Nevgold Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nusantara Infrastructure Tbk
JK:META
|
$241.62 Million |
|
Xingda International Holdings Limited
F:XDH
|
$241.67 Million |
|
Octave Specialty Group, Inc.
NYSE:OSG
|
$241.72 Million |
|
C&F Financial Corporation
NASDAQ:CFFI
|
$241.89 Million |
|
Global Tax Free Co. Ltd
KQ:204620
|
$241.45 Million |
|
Steamships Trading Company Ltd
AU:SST
|
$241.34 Million |
|
Viking Acquisition Corp. I
NYSE:VACI
|
$241.33 Million |
|
Jack In The Box Inc
NASDAQ:JACK
|
$241.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nevgold Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 22,749,513 to 33,176,592, a change of 10,427,079 (45.8%).
- Net loss of 7,778,429 reduced equity.
- New share issuances of 15,157,621 increased equity.
- Other factors increased equity by 3,047,887.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-7.78 Million | -23.45% |
| Share Issuances | CA$15.16 Million | +45.69% |
| Other Changes | CA$3.05 Million | +9.19% |
| Total Change | CA$- | 45.83% |
Book Value vs Market Value Analysis
This analysis compares Nevgold 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: 9.51x
- 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 11.06x to 9.51x 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$0.21 | CA$2.34 | x |
| 2022-12-31 | CA$0.26 | CA$2.34 | x |
| 2023-12-31 | CA$0.25 | CA$2.34 | x |
| 2024-12-31 | CA$0.24 | CA$2.34 | x |
| 2025-12-31 | CA$0.25 | CA$2.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nevgold Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.14x
- Recent ROE (-23.45%) is below the historical average (-18.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -27.57% | 0.00% | 0.00x | 1.06x | CA$-3.94 Million |
| 2022 | -14.37% | 0.00% | 0.00x | 1.05x | CA$-4.29 Million |
| 2023 | -13.76% | 0.00% | 0.00x | 1.18x | CA$-4.47 Million |
| 2024 | -15.24% | 0.00% | 0.00x | 1.29x | CA$-5.74 Million |
| 2025 | -23.45% | 0.00% | 0.00x | 1.14x | CA$-11.10 Million |
Industry Comparison
This section compares Nevgold Corp.'s net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $8,968,473
- Average return on equity (ROE) among peers: -5058.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nevgold Corp. (NAU) | CA$33.01 Million | -27.57% | 0.14x | $241.47 Million |
| AbraSilver Resource Corp. (ABRA) | $400.64K | -52.81% | 0.13x | $1.85 Billion |
| Archon Minerals Ltd (ACS) | $31.39K | -50144.47% | 2027.88x | $3.15 Million |
| Arctic Star Exploration Corp (ADD) | $1.35 Million | -152.13% | 0.40x | $1.73 Million |
| Adyton Resources Corp (ADY) | $14.98 Million | 5.60% | 0.05x | $71.75 Million |
| Adamera Minerals Corp. (ADZ) | $4.33 Million | -30.35% | 0.10x | $5.10 Million |
| Austral Gold Ltd (AGLD) | $14.37 Million | -188.43% | 4.16x | $65.15 Million |
| Clean Air Metals Inc (AIR) | $23.22 Million | -5.48% | 0.17x | $11.78 Million |
| Alpha Exploration Ltd (ALEX) | $7.30 Million | -10.62% | 0.17x | $37.20 Million |
| American Creek Resources Ltd (AMK) | $12.62 Million | 7.02% | 0.02x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $11.08 Million | -9.78% | 0.02x | $4.54 Million |
About Nevgold Corp.
Nevgold Corp. engages in the exploration and development of mineral properties in North America. The company explores for gold, silver, and copper deposits. Nevgold Corp. is headquartered in Vancouver, Canada.