TNR Gold Corp. (TNR) - Net Assets

Latest as of September 2025: CA$174.29K CAD

Based on the latest financial reports, TNR Gold Corp. (TNR) has net assets worth CA$174.29K 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$207.42K) and total liabilities (CA$33.13K). 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$174.29K
% of Total Assets 84.03%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change N/A
Growth Volatility 53.16

TNR Gold Corp. - Net Assets Trend (1999–2024)

This chart illustrates how TNR 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 TNR Gold Corp. (1999–2024)

The table below shows the annual net assets of TNR Gold Corp. from 1999 to 2024.

Year Net Assets Change
2024-12-31 CA$-79.49K -113.10%
2023-12-31 CA$606.89K +108.54%
2022-12-31 CA$-7.11 Million +0.54%
2021-12-31 CA$-7.14 Million -16.31%
2020-12-31 CA$-6.14 Million -17.26%
2019-12-31 CA$-5.24 Million -5.71%
2018-12-31 CA$-4.96 Million -83.40%
2017-12-31 CA$-2.70 Million +37.16%
2016-12-31 CA$-4.30 Million -21.59%
2015-12-31 CA$-3.54 Million -160.55%
2014-12-31 CA$5.84 Million -2.58%
2013-12-31 CA$5.99 Million -13.43%
2012-12-31 CA$6.92 Million -44.71%
2011-12-31 CA$12.52 Million -28.62%
2010-12-31 CA$17.54 Million +9.76%
2009-12-31 CA$15.98 Million +27.56%
2008-12-31 CA$12.53 Million +24.59%
2007-12-31 CA$10.06 Million +21.37%
2006-12-31 CA$8.29 Million +35.63%
2005-12-31 CA$6.11 Million +17.66%
2004-12-31 CA$5.19 Million +37.90%
2003-12-31 CA$3.77 Million +15.17%
2002-12-31 CA$3.27 Million +34.93%
2001-12-31 CA$2.42 Million +22.25%
2000-12-31 CA$1.98 Million -28.75%
1999-12-31 CA$2.78 Million --

Equity Component Analysis

This analysis shows how different components contribute to TNR 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 3887576100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CA$43.12 Million %
Total Equity CA$-79.49K 100.00%

TNR Gold Corp. Competitors by Market Cap

The table below lists competitors of TNR Gold Corp. ranked by their market capitalization.

Company Market Cap
Kentucky First Federal Bancorp
NASDAQ:KFFB
 		$38.57 Million
Augwind Energy Tech Storage Ltd
TA:AUGN
 		$38.59 Million
Union Community Co. Ltd
KQ:203450
 		$38.59 Million
Altamira Gold Corp
V:ALTA
 		$38.60 Million
reAlpha Tech Corp. Common Stock
NASDAQ:AIRE
 		$38.57 Million
Knight Club Capital Asset Management PCL
BK:KCC
 		$38.55 Million
Uniti SA
PA:ALUNT
 		$38.54 Million
LAVA THERAP. B.V. EO-12
F:4PKB
 		$38.54 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in TNR Gold Corp.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 606,892 to -79,490, a change of -686,382 (-113.1%).
  • Net loss of 1,015,329 reduced equity.
  • Share repurchases of 59,290 reduced equity.
  • New share issuances of 309,000 increased equity.
  • Other comprehensive income decreased equity by 6,216,469.
  • Other factors increased equity by 6,295,706.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-1.02 Million -1277.3%
Share Repurchases CA$59.29K -74.59%
Share Issuances CA$309.00K +388.73%
Other Comprehensive Income CA$-6.22 Million -7820.44%
Other Changes CA$6.30 Million +7920.12%
Total Change CA$- -113.10%

Book Value vs Market Value Analysis

This analysis compares TNR 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

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-12-31 CA$1.07 CA$0.26 x
2000-12-31 CA$0.57 CA$0.26 x
2001-12-31 CA$0.56 CA$0.26 x
2002-12-31 CA$0.56 CA$0.26 x
2003-12-31 CA$0.39 CA$0.26 x
2004-12-31 CA$0.30 CA$0.26 x
2005-12-31 CA$0.20 CA$0.26 x
2006-12-31 CA$0.20 CA$0.26 x
2007-12-31 CA$0.17 CA$0.26 x
2008-12-31 CA$0.17 CA$0.26 x
2009-12-31 CA$0.18 CA$0.26 x
2010-12-31 CA$0.14 CA$0.26 x
2011-12-31 CA$0.09 CA$0.26 x
2012-12-31 CA$0.05 CA$0.26 x
2013-12-31 CA$0.04 CA$0.26 x
2014-12-31 CA$0.04 CA$0.26 x
2015-12-31 CA$-0.02 CA$0.26 x
2016-12-31 CA$-0.03 CA$0.26 x
2017-12-31 CA$-0.02 CA$0.26 x
2018-12-31 CA$-0.03 CA$0.26 x
2019-12-31 CA$-0.03 CA$0.26 x
2020-12-31 CA$-0.04 CA$0.26 x
2021-12-31 CA$-0.04 CA$0.26 x
2022-12-31 CA$-0.04 CA$0.26 x
2023-12-31 CA$0.00 CA$0.26 x
2024-12-31 CA$0.00 CA$0.26 x

Capital Efficiency Dashboard

This dashboard shows how efficiently TNR 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): 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 below the historical average (32.89%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 -11.23% 0.00% 0.00x 1.04x CA$-590.54K
2000 -112.30% 0.00% 0.00x 1.10x CA$-2.42 Million
2001 -7.69% 0.00% 0.00x 1.06x CA$-428.75K
2002 -36.89% 0.00% 0.00x 1.06x CA$-1.53 Million
2003 -17.78% 0.00% 0.00x 1.12x CA$-1.05 Million
2004 -19.16% 0.00% 0.00x 1.06x CA$-1.51 Million
2005 -9.50% 0.00% 0.00x 1.04x CA$-1.19 Million
2006 -9.49% 0.00% 0.00x 1.03x CA$-1.61 Million
2007 -13.74% 0.00% 0.00x 1.05x CA$-2.39 Million
2008 -19.40% 0.00% 0.00x 1.13x CA$-3.68 Million
2009 -16.90% 0.00% 0.00x 1.07x CA$-4.30 Million
2010 -18.73% 0.00% 0.00x 1.04x CA$-5.04 Million
2011 -46.74% 0.00% 0.00x 1.13x CA$-7.11 Million
2012 -84.02% 0.00% 0.00x 1.80x CA$-6.51 Million
2013 -15.80% 0.00% 0.00x 1.87x CA$-1.55 Million
2014 -5.77% 0.00% 0.00x 1.76x CA$-920.88K
2015 0.00% 0.00% 0.00x 0.00x CA$-9.05 Million
2016 0.00% 0.00% 0.00x 0.00x CA$-764.87K
2017 0.00% 0.00% 0.00x 0.00x CA$1.41 Million
2018 0.00% 0.00% 0.00x 0.00x CA$-2.52 Million
2019 0.00% 0.00% 0.00x 0.00x CA$165.49K
2020 0.00% 0.00% 0.00x 0.00x CA$-950.58K
2021 0.00% 0.00% 0.00x 0.00x CA$-1.24 Million
2022 0.00% 0.00% 0.00x 0.00x CA$406.86K
2023 1300.38% 0.00% 0.00x 1.06x CA$7.83 Million
2024 0.00% 0.00% 0.00x 0.00x CA$-1.01 Million

Industry Comparison

This section compares TNR Gold Corp.'s net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $-404,510
  • Average return on equity (ROE) among peers: 31.84%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
TNR Gold Corp. (TNR) CA$174.29K -11.23% 0.19x $38.57 Million
Aftermath Silver Ltd (AAG) $25.06 Million -33.91% 0.29x $215.07 Million
Aton Resources Inc (AAN) $-1.50 Million 0.00% 0.00x $52.55 Million
Asbestos Corporation Limited (AB-H) $-22.33 Million 0.00% 0.00x $1.85 Million
Arbor Metals Corp (ABR) $3.78 Million -10.88% 0.34x $10.15 Million
Asiabasemetals Inc (ABZ) $-30.55K 0.00% 0.00x $5.75 Million
Adex Mining Inc (ADE) $-30.95 Million 0.00% 0.00x $27.09 Million
AE Fuels Corporation (AEF) $423.41K -11.49% 0.28x $4.95 Million
Alphamin Res (AFM) $272.15K -48.58% 0.07x $1.27 Billion
African Metals Corporation (AFR) $2.33 Million 446.81% 0.22x $1.00 Million
Silver X Mining Corp (AGX) $18.90 Million -23.55% 1.85x $148.73 Million

About TNR Gold Corp.

V:TNR Canada Other Industrial Metals & Mining
Market Cap
$38.57 Million
CA$53.32 Million CAD
Market Cap Rank
#25374 Global
#742 in Canada
Share Price
CA$0.26
Change (1 day)
+2.00%
52-Week Range
CA$0.06 - CA$0.26
All Time High
CA$0.26
Categories
Companies in Canada Other Industrial Metals & Mining
About

TNR Gold Corp. engages in the acquisition and exploration of mineral properties in the United States. It explores for copper, gold, silver, and lithium deposits. The company holds a 90% interest in the Shotgun gold project located in the Kuskokwim and Bristol Bay district, Alaska. It also holds royalty interests in the Los Azules copper and Mariana lithium projects located in Argentina; and the B… Read more