Visionary Gold Corp (VIZ) - Net Assets
Based on the latest financial reports, Visionary Gold Corp (VIZ) has net assets worth CA$5.17 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$6.01 Million) and total liabilities (CA$847.41K). 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$5.17 Million |
| % of Total Assets | 85.91% |
| Annual Growth Rate | 55.4% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 107.21 |
Visionary Gold Corp - Net Assets Trend (2017–2024)
This chart illustrates how Visionary 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 Visionary Gold Corp (2017–2024)
The table below shows the annual net assets of Visionary Gold Corp from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$3.90 Million | +52.41% |
| 2023-06-30 | CA$2.56 Million | -8.25% |
| 2022-06-30 | CA$2.79 Million | -24.82% |
| 2021-06-30 | CA$3.71 Million | +634.71% |
| 2020-06-30 | CA$-693.22K | -23.38% |
| 2019-06-30 | CA$-561.88K | -138.96% |
| 2018-06-30 | CA$-235.13K | -232.07% |
| 2017-06-30 | CA$178.03K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Visionary 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 790079200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$18.34 Million | 470.56% |
| Total Equity | CA$3.90 Million | 100.00% |
Visionary Gold Corp Competitors by Market Cap
The table below lists competitors of Visionary Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Organoclick AB
ST:ORGC
|
$10.18 Million |
|
EXCELLENCE S.A. ZY -10
F:8XY
|
$10.18 Million |
|
Impax Environmental Markets PLC
LSE:IEM
|
$10.18 Million |
|
Exact Therapeutics AS
OL:EXTX
|
$10.19 Million |
|
Allied Gaming & Entertainment Inc.
NASDAQ:AGAE
|
$10.16 Million |
|
Castle Peak Holdings Public Company Limited
BK:CPH
|
$10.16 Million |
|
Eurobattery Minerals AB
F:EBM
|
$10.15 Million |
|
Arbor Metals Corp
V:ABR
|
$10.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Visionary Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,556,825 to 3,896,828, a change of 1,340,003 (52.4%).
- Net loss of 673,882 reduced equity.
- New share issuances of 1,566,732 increased equity.
- Other factors increased equity by 447,153.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-673.88K | -17.29% |
| Share Issuances | CA$1.57 Million | +40.21% |
| Other Changes | CA$447.15K | +11.47% |
| Total Change | CA$- | 52.41% |
Book Value vs Market Value Analysis
This analysis compares Visionary 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: 3.08x
- 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 8.16x to 3.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | CA$0.01 | CA$0.08 | x |
| 2018-06-30 | CA$-0.01 | CA$0.08 | x |
| 2019-06-30 | CA$-0.02 | CA$0.08 | x |
| 2020-06-30 | CA$-0.03 | CA$0.08 | x |
| 2021-06-30 | CA$0.05 | CA$0.08 | x |
| 2022-06-30 | CA$0.04 | CA$0.08 | x |
| 2023-06-30 | CA$0.02 | CA$0.08 | x |
| 2024-06-30 | CA$0.03 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Visionary Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.15x
- Recent ROE (-17.29%) is above the historical average (-57.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -226.80% | -1190.37% | 0.10x | 1.91x | CA$-421.58K |
| 2018 | 0.00% | -3761.03% | 0.41x | 0.00x | CA$-892.22K |
| 2019 | 0.00% | -1111.95% | 0.50x | 0.00x | CA$-270.56K |
| 2020 | 0.00% | -544.51% | 0.55x | 0.00x | CA$-62.02K |
| 2021 | -20.23% | -29572.59% | 0.00x | 1.08x | CA$-1.12 Million |
| 2022 | -71.02% | 0.00% | 0.00x | 1.13x | CA$-2.26 Million |
| 2023 | -122.18% | 0.00% | 0.00x | 1.18x | CA$-3.38 Million |
| 2024 | -17.29% | 0.00% | 0.00x | 1.15x | CA$-1.06 Million |
Industry Comparison
This section compares Visionary 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: $9,546,516
- Average return on equity (ROE) among peers: 44.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Visionary Gold Corp (VIZ) | CA$5.17 Million | -226.80% | 0.16x | $10.17 Million |
| AbraSilver Resource Corp. (ABRA) | $276.36K | 543.50% | 1.08x | $1.89 Billion |
| AC/DC Battery Metals Inc. (ACDC) | $1.79 Million | -31.70% | 0.02x | $1.88 Million |
| Archon Minerals Ltd (ACS) | $-2.07 Million | 0.00% | 0.00x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $11.35 Million | -24.62% | 0.09x | $1.73 Million |
| Adamera Minerals Corp. (ADZ) | $7.70 Million | -18.02% | 0.13x | $4.95 Million |
| Alaska Energy Metals Corporation (AEMC) | $5.31 Million | -25.82% | 0.25x | $12.97 Million |
| Argonaut Exploration Inc. (AGA) | $1.49 Million | 0.00% | 0.04x | $96.32 Million |
| Clean Air Metals Inc (AIR) | $23.22 Million | -5.48% | 0.17x | $11.78 Million |
| American Creek Resources Ltd (AMK) | $18.91 Million | -6.15% | 0.06x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $27.48 Million | 15.53% | 0.02x | $3.47 Million |
About Visionary Gold Corp
Visionary Metals Corp., an exploration company, engages in acquiring and developing projects in Canada and the United States. The company explores for gold, copper, nickel, and cobalt. It holds interest in the King Solomon Nickel and Cobalt prospect located at the west-northwest of Black Rock; and the Black Rock Gold-Copper prospect and the Tin Cup Copper prospect in Jeffrey City, Wyoming. The co… Read more