Ophir Gold Corp (OPHR) - Net Assets
Based on the latest financial reports, Ophir Gold Corp (OPHR) has net assets worth CA$3.99 Million CAD (≈ $2.88 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.07 Million ≈ $2.94 Million USD) and total liabilities (CA$79.48K ≈ $57.49K 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 net worth ratio of Ophir Gold Corp to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$3.99 Million |
| % of Total Assets | 98.05% |
| Annual Growth Rate | 37.88% |
| 5-Year Change | 22021.04% |
| 10-Year Change | N/A |
| Growth Volatility | 4466.14 |
Ophir Gold Corp - Net Assets Trend (2017–2024)
This chart illustrates how Ophir Gold Corp's net assets have evolved over time, based on quarterly financial data. See OPHR cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ophir Gold Corp (2017–2024)
The table below shows the annual net assets of Ophir Gold Corp from 2017 to 2024. For live valuation and market cap data, see Ophir Gold Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | CA$6.49 Million ≈ $4.69 Million |
-0.94% |
| 2023-05-31 | CA$6.55 Million ≈ $4.74 Million |
+46.61% |
| 2022-05-31 | CA$4.47 Million ≈ $3.23 Million |
+26.26% |
| 2021-05-31 | CA$3.54 Million ≈ $2.56 Million |
+11963.98% |
| 2020-05-31 | CA$29.33K ≈ $21.22K |
+141.78% |
| 2019-05-31 | CA$-70.20K ≈ $-50.78K |
-119.55% |
| 2018-05-31 | CA$359.08K ≈ $259.76K |
-47.57% |
| 2017-05-31 | CA$684.83K ≈ $495.40K |
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Equity Component Analysis
This analysis shows how different components contribute to Ophir 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 905515300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$19.75 Million | 304.43% |
| Total Equity | CA$6.49 Million | 100.00% |
Ophir Gold Corp Competitors by Market Cap
The table below lists competitors of Ophir Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Techindia Nirman Limited
NSE:TECHIN
|
$2.17 Million |
|
Kneomedia Ltd
AU:KNM
|
$2.17 Million |
|
Maschinenfabrik HEID AG
VI:HED
|
$2.17 Million |
|
Hexima Ltd
AU:HXL
|
$2.17 Million |
|
Oryx International Growth Fund
LSE:OIG
|
$2.17 Million |
|
Treatt PLC
LSE:TET
|
$2.17 Million |
|
Indigo Exploration Inc.
V:IXI
|
$2.16 Million |
|
Hadasit Bio
TA:HDST
|
$2.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ophir Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,550,142 to 6,488,322, a change of -61,820 (-0.9%).
- Net loss of 4,943,904 reduced equity.
- New share issuances of 2,957,737 increased equity.
- Other factors increased equity by 1,924,347.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.94 Million | -76.2% |
| Share Issuances | CA$2.96 Million | +45.59% |
| Other Changes | CA$1.92 Million | +29.66% |
| Total Change | CA$- | -0.94% |
Book Value vs Market Value Analysis
This analysis compares Ophir 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: 0.45x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.34x to 0.45x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-05-31 | CA$0.09 | CA$0.03 | x |
| 2018-05-31 | CA$0.04 | CA$0.03 | x |
| 2019-05-31 | CA$-0.01 | CA$0.03 | x |
| 2020-05-31 | CA$0.00 | CA$0.03 | x |
| 2021-05-31 | CA$0.07 | CA$0.03 | x |
| 2022-05-31 | CA$0.08 | CA$0.03 | x |
| 2023-05-31 | CA$0.07 | CA$0.03 | x |
| 2024-05-31 | CA$0.07 | CA$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ophir Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -76.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-76.20%) is above the historical average (-158.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -98.24% | 0.00% | 0.00x | 1.16x | CA$-741.27K |
| 2018 | -229.21% | 0.00% | 0.00x | 1.20x | CA$-858.95K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-519.60K |
| 2020 | -809.62% | 0.00% | 0.00x | 7.89x | CA$-240.40K |
| 2021 | -31.29% | 0.00% | 0.00x | 1.04x | CA$-1.46 Million |
| 2022 | -10.65% | 0.00% | 0.00x | 1.01x | CA$-922.56K |
| 2023 | -14.37% | 0.00% | 0.00x | 1.01x | CA$-1.60 Million |
| 2024 | -76.20% | 0.00% | 0.00x | 1.03x | CA$-5.59 Million |
Industry Comparison
This section compares Ophir Gold Corp'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 |
|---|---|---|---|---|
| Ophir Gold Corp (OPHR) | CA$3.99 Million | -98.24% | 0.02x | $2.17 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 Ophir Gold Corp
Ophir Metals Corp. engages in acquisition, exploration, and development of mineral property assets in the United States and Canada. It primarily explores for lithium, copper, gold, cesium, and silver deposits. The company was formerly known as Ophir Gold Corp. and changed its name to Ophir Metals Corp. in June 2024. Ophir Metals Corp. was incorporated in 2010 and is headquartered in Vancouver, Ca… Read more