Plato Gold Corp. (PGC) - Net Assets
Based on the latest financial reports, Plato Gold Corp. (PGC) has net assets worth CA$-389.95K CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.79 Million) and total liabilities (CA$3.18 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-389.95K |
| % of Total Assets | -13.98% |
| Annual Growth Rate | 6.33% |
| 5-Year Change | -12.15% |
| 10-Year Change | N/A |
| Growth Volatility | 166.16 |
Plato Gold Corp. - Net Assets Trend (2003–2024)
This chart illustrates how Plato 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 Plato Gold Corp. (2003–2024)
The table below shows the annual net assets of Plato Gold Corp. from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.11 Million | -14.02% |
| 2023-12-31 | CA$1.29 Million | -20.81% |
| 2022-12-31 | CA$1.63 Million | +6.69% |
| 2021-12-31 | CA$1.52 Million | +20.92% |
| 2020-12-31 | CA$1.26 Million | +0.60% |
| 2019-12-31 | CA$1.25 Million | +19.77% |
| 2018-12-31 | CA$1.05 Million | +231.57% |
| 2017-12-31 | CA$-795.14K | +50.82% |
| 2016-12-31 | CA$-1.62 Million | -20.48% |
| 2015-12-31 | CA$-1.34 Million | -462.64% |
| 2014-12-31 | CA$370.04K | -57.25% |
| 2013-12-31 | CA$865.61K | -46.21% |
| 2012-12-31 | CA$1.61 Million | -69.89% |
| 2011-12-31 | CA$5.34 Million | +9.62% |
| 2010-12-31 | CA$4.88 Million | +18.21% |
| 2009-12-31 | CA$4.12 Million | +15.16% |
| 2008-12-31 | CA$3.58 Million | +1.21% |
| 2007-12-31 | CA$3.54 Million | +43.02% |
| 2006-12-31 | CA$2.47 Million | +108.02% |
| 2005-12-31 | CA$1.19 Million | +505.75% |
| 2004-12-31 | CA$196.36K | -35.69% |
| 2003-12-31 | CA$305.33K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Plato 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 1273026900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$13.99 Million | 1253.34% |
| Total Equity | CA$1.12 Million | 100.00% |
Plato Gold Corp. Competitors by Market Cap
The table below lists competitors of Plato Gold Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trellidor Holdings Ltd
JSE:TRL
|
$6.68 Million |
|
Peraso Inc
NASDAQ:PRSO
|
$6.68 Million |
|
Identi Healthcare Ltd
TA:IDNT
|
$6.69 Million |
|
Masivo Silver Corp
V:MASS
|
$6.70 Million |
|
Jayud Global Logistics Limited Class A Ordinary Shares
NASDAQ:JYD
|
$6.67 Million |
|
Largo SAS
PA:ALLGO
|
$6.67 Million |
|
Torr Metals Inc
V:TMET
|
$6.67 Million |
|
Comet Lithium Corporation
V:CLIC
|
$6.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Plato Gold Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,295,300 to 1,115,843, a change of -179,457 (-13.9%).
- Net loss of 213,957 reduced equity.
- Other comprehensive income decreased equity by 63,580.
- Other factors increased equity by 98,080.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-213.96K | -19.17% |
| Other Comprehensive Income | CA$-63.58K | -5.7% |
| Other Changes | CA$98.08K | +8.79% |
| Total Change | CA$- | -13.85% |
Book Value vs Market Value Analysis
This analysis compares Plato 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: 8.27x
- 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 0.17x to 8.27x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CA$0.23 | CA$0.04 | x |
| 2004-12-31 | CA$0.01 | CA$0.04 | x |
| 2005-12-31 | CA$0.06 | CA$0.04 | x |
| 2006-12-31 | CA$0.09 | CA$0.04 | x |
| 2007-12-31 | CA$0.08 | CA$0.04 | x |
| 2008-12-31 | CA$0.06 | CA$0.04 | x |
| 2009-12-31 | CA$0.06 | CA$0.04 | x |
| 2010-12-31 | CA$0.05 | CA$0.04 | x |
| 2011-12-31 | CA$0.04 | CA$0.04 | x |
| 2012-12-31 | CA$0.01 | CA$0.04 | x |
| 2013-12-31 | CA$0.01 | CA$0.04 | x |
| 2014-12-31 | CA$0.00 | CA$0.04 | x |
| 2015-12-31 | CA$-0.01 | CA$0.04 | x |
| 2016-12-31 | CA$-0.01 | CA$0.04 | x |
| 2017-12-31 | CA$-0.01 | CA$0.04 | x |
| 2018-12-31 | CA$0.01 | CA$0.04 | x |
| 2019-12-31 | CA$0.01 | CA$0.04 | x |
| 2020-12-31 | CA$0.01 | CA$0.04 | x |
| 2021-12-31 | CA$0.01 | CA$0.04 | x |
| 2022-12-31 | CA$0.01 | CA$0.04 | x |
| 2023-12-31 | CA$0.01 | CA$0.04 | x |
| 2024-12-31 | CA$0.00 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Plato Gold Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -19.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.26x
- Recent ROE (-19.17%) is above the historical average (-34.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -11.66% | 0.00% | 0.00x | 1.12x | CA$-66.14K |
| 2004 | -55.49% | -6118.14% | 0.00x | 2.50x | CA$-128.60K |
| 2005 | -47.84% | -7609.23% | 0.00x | 1.35x | CA$-688.04K |
| 2006 | -16.40% | -21095.48% | 0.00x | 1.18x | CA$-653.10K |
| 2007 | -9.76% | -3237.75% | 0.00x | 1.04x | CA$-699.21K |
| 2008 | -7.72% | -3439.85% | 0.00x | 1.15x | CA$-634.73K |
| 2009 | -13.58% | -229600.82% | 0.00x | 1.19x | CA$-972.67K |
| 2010 | -9.21% | -55351.54% | 0.00x | 1.09x | CA$-936.45K |
| 2011 | -10.47% | -536.56% | 0.02x | 1.14x | CA$-1.09 Million |
| 2012 | -233.77% | 0.00% | 0.00x | 1.58x | CA$-3.90 Million |
| 2013 | -87.07% | 0.00% | 0.00x | 1.88x | CA$-829.12K |
| 2014 | -138.20% | 0.00% | 0.00x | 4.07x | CA$-531.43K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.57 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-96.92K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-238.56K |
| 2018 | 5.94% | 0.00% | 0.00x | 1.64x | CA$-43.51K |
| 2019 | -21.02% | 0.00% | 0.00x | 1.47x | CA$-396.79K |
| 2020 | -15.85% | 0.00% | 0.00x | 1.51x | CA$-327.26K |
| 2021 | -23.51% | 0.00% | 0.00x | 1.50x | CA$-512.83K |
| 2022 | -14.61% | 0.00% | 0.00x | 1.51x | CA$-401.97K |
| 2023 | -26.78% | -16903.27% | 0.00x | 1.92x | CA$-476.38K |
| 2024 | -19.17% | 0.00% | 0.00x | 2.26x | CA$-325.54K |
Industry Comparison
This section compares Plato Gold Corp.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $37,435,313
- Average return on equity (ROE) among peers: -27.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Plato Gold Corp. (PGC) | CA$-389.95K | -11.66% | N/A | $6.67 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 Plato Gold Corp.
Plato Gold Corp., an exploration company, engages in the exploration and development of mineral properties in Canada. It explores for gold, platinum, niobium, and rare mineral properties. The company is based in Toronto, Canada.