Q-Gold Resources Ltd
Q-Gold Resources Ltd. operates as a mineral exploration company in Canada. The company explores for gold, silver, and precious metal deposits. It holds 9,965 acres of contiguous mining claims, crown leases, and leasehold patents in the Foley gold mine, Golden Star, and the McKenzie Gray gold/silver zone located near Mine Centre, Ontario. The company was formerly known as Q-Gold and changed its na… Read more
Q-Gold Resources Ltd (QGR) - Net Assets
Latest net assets as of September 2025: CA$-2.47 Million CAD
Based on the latest financial reports, Q-Gold Resources Ltd (QGR) has net assets worth CA$-2.47 Million 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$509.93K) and total liabilities (CA$2.98 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-2.47 Million |
| % of Total Assets | -485.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | -226.23% |
| 10-Year Change | N/A |
| Growth Volatility | 130.27 |
Q-Gold Resources Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Q-Gold Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Q-Gold Resources Ltd (2013–2024)
The table below shows the annual net assets of Q-Gold Resources Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-1.61 Million | +14.36% |
| 2023-12-31 | CA$-1.88 Million | -48.08% |
| 2022-12-31 | CA$-1.27 Million | -361.89% |
| 2021-12-31 | CA$486.01K | -61.99% |
| 2020-12-31 | CA$1.28 Million | +1840.86% |
| 2019-12-31 | CA$-73.45K | -117.50% |
| 2018-12-31 | CA$419.61K | +495.04% |
| 2017-12-31 | CA$-106.22K | +80.01% |
| 2016-12-31 | CA$-531.38K | -22.87% |
| 2015-12-31 | CA$-432.46K | +10.38% |
| 2014-12-31 | CA$-482.55K | +19.44% |
| 2013-12-31 | CA$-599.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Q-Gold Resources 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 754621500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$24.00 Million | % |
| Total Equity | CA$-1.61 Million | 100.00% |
Q-Gold Resources Ltd Competitors by Market Cap
The table below lists competitors of Q-Gold Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aemulus Holdings Bhd
KLSE:0181
|
$16.03 Million |
|
STPDF
PINK:STPDF
|
$16.03 Million |
|
PowerBand Solutions Inc
PINK:PWWBF
|
$16.03 Million |
|
GoHealth Inc.
NASDAQ:GOCO
|
$16.03 Million |
|
Papaya Growth Opportunity Corp I
NASDAQ:PPYA
|
$16.03 Million |
|
Zivo Bioscience Inc
NASDAQ:ZIVO
|
$16.03 Million |
|
Fondia Oyj
HE:FONDIA
|
$16.02 Million |
|
i-Components Co. Ltd
KQ:059100
|
$16.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Q-Gold Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,884,790 to -1,614,131, a change of 270,659.
- Net loss of 439,688 reduced equity.
- Other factors increased equity by 710,347.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-439.69K | -27.24% |
| Other Changes | CA$710.35K | +44.01% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Q-Gold Resources 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$-0.01 | CA$0.17 | x |
| 2018-12-31 | CA$0.02 | CA$0.17 | x |
| 2019-12-31 | CA$0.00 | CA$0.17 | x |
| 2020-12-31 | CA$0.03 | CA$0.17 | x |
| 2021-12-31 | CA$0.01 | CA$0.17 | x |
| 2022-12-31 | CA$-0.02 | CA$0.17 | x |
| 2023-12-31 | CA$-0.03 | CA$0.17 | x |
| 2024-12-31 | CA$-0.03 | CA$0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Q-Gold Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-78.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-291.91K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-213.20K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-152.33K |
| 2016 | 0.00% | -1542441.67% | 0.00x | 0.00x | CA$-502.14K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-374.62K |
| 2018 | -141.50% | 0.00% | 0.00x | 1.18x | CA$-635.70K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-540.41K |
| 2020 | -318.32% | 0.00% | 0.00x | 1.43x | CA$-4.20 Million |
| 2021 | -477.64% | 0.00% | 0.00x | 2.90x | CA$-2.37 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.85 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-423.52K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-278.27K |
Industry Comparison
This section compares Q-Gold Resources Ltd'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: $5,761,200
- Average return on equity (ROE) among peers: -9.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Q-Gold Resources Ltd (QGR) | CA$-2.47 Million | 0.00% | N/A | $16.03 Million |
| AC/DC Battery Metals Inc. (ACDC) | $1.48 Million | -20.93% | 0.02x | $487.04 |
| Archon Minerals Ltd (ACS) | $-2.07 Million | 0.00% | 0.00x | $1.79 Million |
| Adamera Minerals Corp. (ADZ) | $8.20 Million | -13.43% | 0.14x | $2.99 Million |
| Argonaut Exploration Inc. (AGA) | $6.54 Million | -40.86% | 0.13x | $74.49 Million |
| Alpha Exploration Ltd (ALEX) | $15.98 Million | -2.45% | 0.05x | $19.42 Million |
| Angel Wing Metals Inc (AWM) | $9.86 Million | -19.57% | 0.07x | $2.70 Million |
| Arizona Gold & Silver Inc. (AZS) | $7.02 Million | -8.43% | 0.01x | $34.92 Million |
| Thunderbird Minerals Corp. (BIRD) | $100.00 | 0.00% | 0.00x | $539.80 |
| Bonanza Mining Corporation (BNZ) | $2.22 Million | -7.98% | 0.07x | $1.35 Million |
| Canadian Critical Minerals Inc. (CCMI) | $8.39 Million | 17.33% | 0.67x | $6.70 Million |