Riley Gold Corp (RLYG) - Net Assets
Based on the latest financial reports, Riley Gold Corp (RLYG) has net assets worth CA$2.84 Million CAD (≈ $2.06 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.15 Million ≈ $2.28 Million USD) and total liabilities (CA$310.02K ≈ $224.26K 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 Riley Gold Corp (RLYG) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.84 Million |
| % of Total Assets | 90.17% |
| Annual Growth Rate | 22.03% |
| 5-Year Change | -61.86% |
| 10-Year Change | N/A |
| Growth Volatility | 249.38 |
Riley Gold Corp - Net Assets Trend (2016–2025)
This chart illustrates how Riley Gold Corp's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Riley Gold Corp to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Riley Gold Corp (2016–2025)
The table below shows the annual net assets of Riley Gold Corp from 2016 to 2025. For live valuation and market cap data, see market value of Riley Gold Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.73 Million ≈ $1.25 Million |
-73.22% |
| 2024-12-31 | CA$6.45 Million ≈ $4.67 Million |
+18.30% |
| 2023-12-31 | CA$5.45 Million ≈ $3.94 Million |
-10.90% |
| 2022-12-31 | CA$6.12 Million ≈ $4.43 Million |
+35.16% |
| 2021-12-31 | CA$4.53 Million ≈ $3.28 Million |
+55.09% |
| 2020-12-31 | CA$2.92 Million ≈ $2.11 Million |
+789.70% |
| 2019-12-31 | CA$328.15K ≈ $237.38K |
-23.39% |
| 2018-12-31 | CA$428.37K ≈ $309.87K |
-15.05% |
| 2017-12-31 | CA$504.27K ≈ $364.78K |
+75.22% |
| 2016-12-31 | CA$287.79K ≈ $208.18K |
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Equity Component Analysis
This analysis shows how different components contribute to Riley 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 681007600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$8.67 Million | 501.70% |
| Total Equity | CA$1.73 Million | 100.00% |
Riley Gold Corp Competitors by Market Cap
The table below lists competitors of Riley Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Skycorp Solar Group Limited Ordinary Shares
NASDAQ:PN
|
$26.87 Million |
|
Sierra Nevada Gold Inc
AU:SNX
|
$26.88 Million |
|
ENERSIDE ENERGY EO -01
F:9O8
|
$26.89 Million |
|
Aligos Therapeutics Inc
NASDAQ:ALGS
|
$26.89 Million |
|
Safari World PLC
BK:SAFARI
|
$26.85 Million |
|
Harvard Bioscience Inc
NASDAQ:HBIO
|
$26.84 Million |
|
Emdeki Utama Tbk PT
JK:MDKI
|
$26.83 Million |
|
Hydrogen Refueling Solutions
PA:ALHRS
|
$26.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Riley Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,450,601 to 1,727,186, a change of -4,723,415 (-73.2%).
- Net loss of 4,756,334 reduced equity.
- Other factors increased equity by 32,919.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.76 Million | -275.38% |
| Other Changes | CA$32.92K | +1.91% |
| Total Change | CA$- | -73.22% |
Book Value vs Market Value Analysis
This analysis compares Riley 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: 18.56x
- 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 16.10x to 18.56x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.05 | CA$0.76 | x |
| 2018-12-31 | CA$0.04 | CA$0.76 | x |
| 2019-12-31 | CA$0.03 | CA$0.76 | x |
| 2020-12-31 | CA$0.11 | CA$0.76 | x |
| 2021-12-31 | CA$0.14 | CA$0.76 | x |
| 2022-12-31 | CA$0.19 | CA$0.76 | x |
| 2023-12-31 | CA$0.17 | CA$0.76 | x |
| 2024-12-31 | CA$0.15 | CA$0.76 | x |
| 2025-12-31 | CA$0.04 | CA$0.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Riley Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -275.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-275.38%) is below the historical average (-39.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -12.40% | 0.00% | 0.00x | 1.05x | CA$-64.47K |
| 2017 | -11.02% | 0.00% | 0.00x | 1.01x | CA$-105.99K |
| 2018 | -20.64% | 0.00% | 0.00x | 1.05x | CA$-131.25K |
| 2019 | -37.25% | 0.00% | 0.00x | 1.05x | CA$-155.07K |
| 2020 | -13.28% | 0.00% | 0.00x | 1.02x | CA$-679.62K |
| 2021 | -23.75% | 0.00% | 0.00x | 1.04x | CA$-1.53 Million |
| 2022 | 21.27% | 0.00% | 0.00x | 1.10x | CA$689.43K |
| 2023 | -12.08% | 0.00% | 0.00x | 1.14x | CA$-1.20 Million |
| 2024 | -14.99% | 0.00% | 0.00x | 1.03x | CA$-1.61 Million |
| 2025 | -275.38% | 0.00% | 0.00x | 1.06x | CA$-4.93 Million |
Industry Comparison
This section compares Riley Gold 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 |
|---|---|---|---|---|
| Riley Gold Corp (RLYG) | CA$2.84 Million | -12.40% | 0.11x | $26.86 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 Riley Gold Corp
Riley Gold Corp., a precious metals exploration company, engages in the acquisition and exploration of mineral properties in Nevada, the United States. It explores for gold and silver deposits. The company owns 100% interest in Tokop Gold project covering an area of approximately 31 square kilometers located in the prolific Walker Lane Trend in Esmeralda County. It also has an option agreement to… Read more