White Gold Corp (WGO) - Net Assets

Latest as of September 2025: CA$121.48 Million CAD

Based on the latest financial reports, White Gold Corp (WGO) has net assets worth CA$121.48 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$137.81 Million) and total liabilities (CA$16.34 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$121.48 Million
% of Total Assets 88.15%
Annual Growth Rate 20.96%
5-Year Change 20.13%
10-Year Change 38062.06%
Growth Volatility 1857.55

White Gold Corp - Net Assets Trend (2000–2024)

This chart illustrates how White 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 White Gold Corp (2000–2024)

The table below shows the annual net assets of White Gold Corp from 2000 to 2024.

Year Net Assets Change
2024-12-31 CA$122.82 Million +2.15%
2023-12-31 CA$120.23 Million +2.55%
2022-12-31 CA$117.25 Million +3.17%
2021-12-31 CA$113.64 Million +11.15%
2020-12-31 CA$102.24 Million +0.63%
2019-12-31 CA$101.60 Million +7.05%
2018-12-31 CA$94.91 Million +20.90%
2017-12-31 CA$78.50 Million +182.67%
2016-12-31 CA$27.77 Million +8529.27%
2015-12-31 CA$321.83K +159.95%
2014-12-31 CA$-536.82K -26.84%
2013-12-31 CA$-423.23K -4.91%
2012-12-31 CA$-403.41K -99.63%
2011-12-31 CA$-202.08K -142.94%
2010-12-31 CA$470.63K -70.28%
2009-12-31 CA$1.58 Million +621.64%
2008-12-31 CA$219.43K -88.84%
2007-12-31 CA$1.97 Million +17.66%
2006-12-31 CA$1.67 Million -50.93%
2005-12-31 CA$3.41 Million +59.04%
2004-12-31 CA$2.14 Million +51.02%
2003-12-31 CA$1.42 Million +0.15%
2002-12-31 CA$1.42 Million +7.83%
2001-12-31 CA$1.31 Million +2.93%
2000-12-31 CA$1.28 Million --

Equity Component Analysis

This analysis shows how different components contribute to White 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 3141887000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CA$154.95 Million 126.16%
Total Equity CA$122.82 Million 100.00%

White Gold Corp Competitors by Market Cap

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

Company Market Cap
RMR Group Inc
NASDAQ:RMR
 		$272.35 Million
Oncoclinicas do Brasil
SA:ONCO3
 		$272.38 Million
Kangstem Biotech Co. Ltd
KQ:217730
 		$272.48 Million
Northern Ocean Ltd
OL:NOL
 		$272.49 Million
Middlefield Banc
NASDAQ:MBCN
 		$272.29 Million
Ligitek Electronics Co Ltd
TWO:8111
 		$272.24 Million
C6K0
F:C6K0
 		$272.09 Million
SEMLER SCIENTIFIC DL-001
F:6FA
 		$272.07 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 120,232,006 to 122,818,879, a change of 2,586,873 (2.2%).
  • Net loss of 2,509,619 reduced equity.
  • New share issuances of 4,873,040 increased equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-2.51 Million -2.04%
Share Issuances CA$4.87 Million +3.97%
Other Changes CA$223.45K +0.18%
Total Change CA$- 2.15%

Book Value vs Market Value Analysis

This analysis compares White 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: 2.72x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.42x to 2.72x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 CA$4.08 CA$1.70 x
2001-12-31 CA$4.05 CA$1.70 x
2002-12-31 CA$4.07 CA$1.70 x
2003-12-31 CA$4.16 CA$1.70 x
2004-12-31 CA$5.34 CA$1.70 x
2005-12-31 CA$4.49 CA$1.70 x
2006-12-31 CA$1.84 CA$1.70 x
2007-12-31 CA$2.15 CA$1.70 x
2008-12-31 CA$0.14 CA$1.70 x
2009-12-31 CA$0.70 CA$1.70 x
2010-12-31 CA$0.15 CA$1.70 x
2011-12-31 CA$-0.06 CA$1.70 x
2012-12-31 CA$-0.12 CA$1.70 x
2013-12-31 CA$-0.13 CA$1.70 x
2014-12-31 CA$-0.17 CA$1.70 x
2015-12-31 CA$0.02 CA$1.70 x
2016-12-31 CA$1.01 CA$1.70 x
2017-12-31 CA$1.04 CA$1.70 x
2018-12-31 CA$1.00 CA$1.70 x
2019-12-31 CA$0.89 CA$1.70 x
2020-12-31 CA$0.79 CA$1.70 x
2021-12-31 CA$0.84 CA$1.70 x
2022-12-31 CA$0.78 CA$1.70 x
2023-12-31 CA$0.75 CA$1.70 x
2024-12-31 CA$0.62 CA$1.70 x

Capital Efficiency Dashboard

This dashboard shows how efficiently White 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): -2.04%
  • 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: 1.12x
  • Recent ROE (-2.04%) is above the historical average (-81.68%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 -3.07% 0.00% 0.00x 1.08x CA$-166.78K
2001 -2.47% 0.00% 0.00x 1.08x CA$-163.79K
2002 -2.88% 0.00% 0.00x 1.07x CA$-182.43K
2003 -5.10% 0.00% 0.00x 1.22x CA$-214.21K
2004 -7.74% 0.00% 0.00x 1.05x CA$-379.92K
2005 -4.40% 0.00% 0.00x 1.05x CA$-490.64K
2006 -108.92% 0.00% 0.00x 1.02x CA$-1.99 Million
2007 -8.67% 0.00% 0.00x 1.03x CA$-367.21K
2008 -1447.66% 0.00% 0.00x 1.70x CA$-3.20 Million
2009 -91.96% 0.00% 0.00x 1.09x CA$-1.61 Million
2010 -290.18% 0.00% 0.00x 1.26x CA$-1.41 Million
2011 0.00% 0.00% 0.00x 0.00x CA$-1.24 Million
2012 0.00% 0.00% 0.00x 0.00x CA$-160.99K
2013 0.00% 0.00% 0.00x 0.00x CA$22.51K
2014 0.00% 0.00% 0.00x 0.00x CA$-59.91K
2015 -45.30% 0.00% 0.00x 1.33x CA$-177.98K
2016 -1.07% 0.00% 0.00x 1.06x CA$-3.07 Million
2017 -4.11% 0.00% 0.00x 1.15x CA$-11.08 Million
2018 -5.86% 0.00% 0.00x 1.16x CA$-15.05 Million
2019 -0.31% 0.00% 0.00x 1.12x CA$-10.48 Million
2020 -6.47% 0.00% 0.00x 1.15x CA$-16.83 Million
2021 -1.07% 0.00% 0.00x 1.12x CA$-12.58 Million
2022 -0.94% 0.00% 0.00x 1.12x CA$-12.83 Million
2023 -1.84% 0.00% 0.00x 1.12x CA$-14.24 Million
2024 -2.04% 0.00% 0.00x 1.12x CA$-14.79 Million

Industry Comparison

This section compares White Gold Corp's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $25,011,639
  • Average return on equity (ROE) among peers: -23.30%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
White Gold Corp (WGO) CA$121.48 Million -3.07% 0.13x $272.31 Million
Abcourt Mines Inc. (ABI) $27.66 Million -3.28% 0.35x $86.06 Million
Athabasca Minerals Inc (ABM) $13.38 Million -3.65% 0.02x $3.68 Million
American Eagle Gold Corp (AE) $830.83K -165.75% 0.05x $148.82 Million
Aero Energy Limited (AERO) $14.72 Million -5.86% 0.05x $9.68 Million
AIS Resources Ltd (AIS) $518.31K -0.04% 0.11x $1.76 Million
Algo Grande Copper Corp. (ALGR) $-251.88K 0.00% 0.00x $9.71 Million
Alkane Resources Limited (ALK) $191.56 Million 29.08% 0.23x $985.87 Million
Alliance Mining Corp (ALM) $-3.10 Million 0.00% 0.00x $1.58 Million
Altamira Gold Corp (ALTA) $822.20K -78.33% 0.24x $38.60 Million
Argus Metals Corp. (AML) $3.98 Million -5.17% 0.10x $1.59 Million

About White Gold Corp

V:WGO Canada Gold
Market Cap
$272.31 Million
CA$376.44 Million CAD
Market Cap Rank
#16413 Global
#343 in Canada
Share Price
CA$1.70
Change (1 day)
+4.29%
52-Week Range
CA$0.25 - CA$2.29
All Time High
CA$2.30
Categories
Companies in Canada Gold
About

White Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, copper, molybdenum, and silver deposits. Its flagship project is the Golden Saddle and Arc deposits in the White Gold property located in Dawson City, Yukon. The company owns a portfolio of 15,364 quartz claims across 21 properties covering approximat… Read more