Taura Gold Inc
Taura Gold Inc., a gold exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold deposits. It has an option to acquire a 100% interest in the Shabu River project located in the Red Lake Mining District, Ontario. Taura Gold Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. As of November 20, 2… Read more
Taura Gold Inc (TORA) - Net Assets
Latest net assets as of July 2025: CA$485.95K CAD
Based on the latest financial reports, Taura Gold Inc (TORA) has net assets worth CA$485.95K CAD as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.10 Million) and total liabilities (CA$611.12K). 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$485.95K |
| % of Total Assets | 44.3% |
| Annual Growth Rate | 60.54% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 368.68 |
Taura Gold Inc - Net Assets Trend (2020–2024)
This chart illustrates how Taura Gold Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Taura Gold Inc (2020–2024)
The table below shows the annual net assets of Taura Gold Inc from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | CA$1.13 Million | -21.96% |
| 2023-10-31 | CA$1.44 Million | -19.51% |
| 2022-10-31 | CA$1.79 Million | +841.15% |
| 2021-10-31 | CA$190.45K | +12.35% |
| 2020-10-31 | CA$169.51K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taura Gold Inc'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 169131900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$2.87 Million | 255.04% |
| Total Equity | CA$1.13 Million | 100.00% |
Taura Gold Inc Competitors by Market Cap
The table below lists competitors of Taura Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SPDR Gold Shares
BE:GQ9
|
$3.32 Million |
|
Thuan An Wood Processing JSC
VN:GTA
|
$3.32 Million |
|
Verity Resources Ltd
AU:VRL
|
$3.32 Million |
|
Eastern International Ltd.
NASDAQ:ELOG
|
$3.32 Million |
|
BC Moly Ltd.
V:BM
|
$3.32 Million |
|
Digitree Group S.A
WAR:DTR
|
$3.32 Million |
|
Galmed Pharmaceuticals Ltd
NASDAQ:GLMD
|
$3.31 Million |
|
AppTech Payments Corp. Warrant
NASDAQ:APCXW
|
$3.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taura Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,442,726 to 1,125,865, a change of -316,861 (-22.0%).
- Net loss of 366,530 reduced equity.
- New share issuances of 49,669 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-366.53K | -32.56% |
| Share Issuances | CA$49.67K | +4.41% |
| Total Change | CA$- | -21.96% |
Book Value vs Market Value Analysis
This analysis compares Taura Gold Inc'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: 6.53x
- 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 decreased from 22.63x to 6.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-10-31 | CA$0.01 | CA$0.32 | x |
| 2021-10-31 | CA$0.02 | CA$0.32 | x |
| 2022-10-31 | CA$0.09 | CA$0.32 | x |
| 2023-10-31 | CA$0.06 | CA$0.32 | x |
| 2024-10-31 | CA$0.05 | CA$0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taura Gold Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -32.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.11x
- Recent ROE (-32.56%) is above the historical average (-54.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -31.89% | 0.00% | 0.00x | 1.07x | CA$-71.00K |
| 2021 | -141.10% | 0.00% | 0.00x | 1.38x | CA$-287.77K |
| 2022 | -21.08% | 0.00% | 0.00x | 1.02x | CA$-556.99K |
| 2023 | -47.53% | 0.00% | 0.00x | 1.12x | CA$-830.04K |
| 2024 | -32.56% | 0.00% | 0.00x | 1.11x | CA$-479.12K |
Industry Comparison
This section compares Taura Gold Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,323,818
- Average return on equity (ROE) among peers: -12.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taura Gold Inc (TORA) | CA$485.95K | -31.89% | 1.26x | $3.32 Million |
| Athabasca Minerals Inc (ABM) | $14.67 Million | -17.11% | 0.38x | $3.80 Million |
| AIS Resources Ltd (AIS) | $733.20K | -18.86% | 0.02x | $1.22 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $7.66 Million |
| Alliance Mining Corp (ALM) | $-2.44 Million | 0.00% | 0.00x | $1.27 Million |
| Argus Metals Corp. (AML) | $-194.53K | 0.00% | 0.00x | $248.82K |
| Antler Gold Inc (ANTL) | $5.56 Million | -15.72% | 0.05x | $3.41 Million |
| Apogee Minerals Ltd (APMI) | $509.07K | -27.00% | 0.02x | $1.15 Million |
| Awale Resources Ltd (ARIC) | $11.21 Million | -15.12% | 0.10x | $38.72 Million |
| Au Gold Corp (AUGC) | $1.73 Million | -6.53% | 0.01x | $4.70 Million |
| AUX Resources Corporation (AUX) | $-1.82 Million | 0.00% | 0.00x | $12.37 Million |