1911 Gold Corp
1911 Gold Corporation, together with its subsidiaries, engages in the exploration and extraction of precious metals. It primarily explores for gold. The company holds a land package totaling 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba. It also owns interests in the True North mine and mill complex located in Bissett, Manitoba; and the Apex property loc… Read more
1911 Gold Corp (AUMBF) - Total Assets
Latest total assets as of September 2025: $44.69 Million USD
Based on the latest financial reports, 1911 Gold Corp (AUMBF) holds total assets worth $44.69 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
1911 Gold Corp - Total Assets Trend (2017–2024)
This chart illustrates how 1911 Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
1911 Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
1911 Gold Corp's total assets of $44.69 Million consist of 20.5% current assets and 79.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.7% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how 1911 Gold Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: 1911 Gold Corp's current assets represent 20.5% of total assets in 2024, a decrease from 26.9% in 2017.
- Cash Position: Cash and equivalents constituted 18.7% of total assets in 2024, up from 7.6% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
1911 Gold Corp Competitors by Total Assets
Key competitors of 1911 Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
1911 Gold Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - 1911 Gold Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - 1911 Gold Corp is currently not profitable relative to its asset base.
1911 Gold Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.05 | 2.41 | 4.23 |
| Quick Ratio | 2.05 | 2.41 | 3.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $6.16 Million | $ 1.44 Million | $ 10.17 Million |
1911 Gold Corp - Advanced Valuation Insights
This section examines the relationship between 1911 Gold Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 7.57 |
| Latest Market Cap to Assets Ratio | 0.73 |
| Asset Growth Rate (YoY) | 11.4% |
| Total Assets | $39.60 Million |
| Market Capitalization | $28.73 Million USD |
Valuation Analysis
Below Book Valuation: The market values 1911 Gold Corp's assets below their book value (0.73 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: 1911 Gold Corp's assets grew by 11.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for 1911 Gold Corp (2017–2024)
The table below shows the annual total assets of 1911 Gold Corp from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $39.60 Million | +11.35% |
| 2023-12-31 | $35.56 Million | +4.10% |
| 2022-12-31 | $34.16 Million | -25.08% |
| 2021-12-31 | $45.60 Million | -4.24% |
| 2020-12-31 | $47.62 Million | -1.57% |
| 2019-12-31 | $48.38 Million | -7.46% |
| 2018-12-31 | $52.28 Million | -29.74% |
| 2017-12-31 | $74.41 Million | -- |