NV Gold Corp (NVX) - Net Assets
Based on the latest financial reports, NV Gold Corp (NVX) has net assets worth CA$3.56 Million 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$3.72 Million) and total liabilities (CA$166.45K). 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$3.56 Million |
| % of Total Assets | 95.53% |
| Annual Growth Rate | 12.85% |
| 5-Year Change | -57.31% |
| 10-Year Change | 588.89% |
| Growth Volatility | 257.12 |
NV Gold Corp - Net Assets Trend (2007–2025)
This chart illustrates how NV Gold 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 NV Gold Corp (2007–2025)
The table below shows the annual net assets of NV Gold Corp from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | CA$2.78 Million | -3.03% |
| 2024-08-31 | CA$2.86 Million | -13.49% |
| 2023-08-31 | CA$3.31 Million | -38.95% |
| 2022-08-31 | CA$5.42 Million | -16.64% |
| 2021-08-31 | CA$6.51 Million | -14.84% |
| 2020-08-31 | CA$7.64 Million | +75.28% |
| 2019-08-31 | CA$4.36 Million | -34.72% |
| 2018-08-31 | CA$6.68 Million | +45.08% |
| 2017-08-31 | CA$4.60 Million | +1041.53% |
| 2016-08-31 | CA$403.24K | +730.03% |
| 2015-08-31 | CA$-64.00K | -102.37% |
| 2014-08-31 | CA$2.71 Million | +142.05% |
| 2013-08-31 | CA$1.12 Million | -22.38% |
| 2012-08-31 | CA$1.44 Million | -32.72% |
| 2011-08-31 | CA$2.14 Million | +93.01% |
| 2010-08-31 | CA$1.11 Million | +168.80% |
| 2008-08-31 | CA$412.52K | +30.92% |
| 2007-08-31 | CA$315.10K | -- |
Equity Component Analysis
This analysis shows how different components contribute to NV Gold 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 2624438600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$29.03 Million | 1045.02% |
| Total Equity | CA$2.78 Million | 100.00% |
NV Gold Corp Competitors by Market Cap
The table below lists competitors of NV Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bernard Loisea
PA:ALDBL
|
$5.95 Million |
|
Farlim Group (Malaysia) Bhd
KLSE:6041
|
$5.96 Million |
|
Harworth Group PLC
LSE:HWG
|
$5.96 Million |
|
ROCCA SA ZY -05
F:82J
|
$5.96 Million |
|
Olympio Metals Ltd
AU:OLY
|
$5.95 Million |
|
NICE CALL PUBLIC COMPANY LIMITED
BK:NCP
|
$5.95 Million |
|
Trius Investments Inc
V:TRU
|
$5.95 Million |
|
Future Market Networks Limited
NSE:FMNL
|
$5.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NV Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,864,657 to 2,777,853, a change of -86,804 (-3.0%).
- Net loss of 1,419,634 reduced equity.
- New share issuances of 490,640 increased equity.
- Other factors increased equity by 842,190.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.42 Million | -51.11% |
| Share Issuances | CA$490.64K | +17.66% |
| Other Changes | CA$842.19K | +30.32% |
| Total Change | CA$- | -3.03% |
Book Value vs Market Value Analysis
This analysis compares NV Gold 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: 2.07x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.08x to 2.07x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-08-31 | CA$3.84 | CA$0.30 | x |
| 2008-08-31 | CA$1.07 | CA$0.30 | x |
| 2010-08-31 | CA$0.46 | CA$0.30 | x |
| 2011-08-31 | CA$0.63 | CA$0.30 | x |
| 2012-08-31 | CA$0.34 | CA$0.30 | x |
| 2013-08-31 | CA$0.24 | CA$0.30 | x |
| 2014-08-31 | CA$0.41 | CA$0.30 | x |
| 2015-08-31 | CA$-0.01 | CA$0.30 | x |
| 2016-08-31 | CA$0.04 | CA$0.30 | x |
| 2017-08-31 | CA$0.19 | CA$0.30 | x |
| 2018-08-31 | CA$0.19 | CA$0.30 | x |
| 2019-08-31 | CA$1.06 | CA$0.30 | x |
| 2020-08-31 | CA$1.56 | CA$0.30 | x |
| 2021-08-31 | CA$0.95 | CA$0.30 | x |
| 2022-08-31 | CA$0.68 | CA$0.30 | x |
| 2023-08-31 | CA$0.40 | CA$0.30 | x |
| 2024-08-31 | CA$0.32 | CA$0.30 | x |
| 2025-08-31 | CA$0.14 | CA$0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NV Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -51.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.12x
- Recent ROE (-51.11%) is below the historical average (-39.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -2.19% | 0.00% | 0.00x | 1.06x | CA$-38.41K |
| 2008 | -18.27% | 0.00% | 0.00x | 1.02x | CA$-116.61K |
| 2010 | -90.23% | 0.00% | 0.00x | 1.05x | CA$-1.11 Million |
| 2011 | -39.93% | 0.00% | 0.00x | 1.07x | CA$-1.07 Million |
| 2012 | -67.43% | 0.00% | 0.00x | 1.08x | CA$-1.12 Million |
| 2013 | -45.15% | 0.00% | 0.00x | 1.14x | CA$-616.46K |
| 2014 | -15.18% | 0.00% | 0.00x | 1.18x | CA$-681.19K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.41 Million |
| 2016 | -11.50% | 0.00% | 0.00x | 1.21x | CA$-86.68K |
| 2017 | -40.23% | 0.00% | 0.00x | 1.05x | CA$-2.31 Million |
| 2018 | -10.98% | 0.00% | 0.00x | 1.02x | CA$-1.40 Million |
| 2019 | -84.31% | 0.00% | 0.00x | 1.02x | CA$-4.11 Million |
| 2020 | -15.88% | 0.00% | 0.00x | 1.02x | CA$-1.98 Million |
| 2021 | -85.22% | 0.00% | 0.00x | 1.03x | CA$-6.20 Million |
| 2022 | -23.07% | 0.00% | 0.00x | 1.01x | CA$-1.79 Million |
| 2023 | -82.78% | 0.00% | 0.00x | 1.11x | CA$-3.07 Million |
| 2024 | -20.40% | 0.00% | 0.00x | 1.26x | CA$-870.89K |
| 2025 | -51.11% | 0.00% | 0.00x | 1.12x | CA$-1.70 Million |
Industry Comparison
This section compares NV Gold 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 |
|---|---|---|---|---|
| NV Gold Corp (NVX) | CA$3.56 Million | -2.19% | 0.05x | $5.95 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 NV Gold Corp
NV Gold Corporation identifies, acquires, and explores for mineral properties in the United States of America and Switzerland. The company explores for gold, and precious metal deposits. NV Gold Corporation is based in Vancouver, Canada.