Element79 Gold Corp
Element79 Gold Corp., a exploration stage company, engages in the acquisition, exploration, and development of mining properties in Peru, Canada, and the United States. The company primarily explores for gold, silver, and associated metals. Its flagship property is the Lucero mine which covers an area of 10,805 hectares project located in Arequipa, Peru. Element79 Gold Corp. was incorporated in 2… Read more
Element79 Gold Corp (ELMGF) - Total Assets
Latest total assets as of November 2025: $7.08 Million USD
Based on the latest financial reports, Element79 Gold Corp (ELMGF) holds total assets worth $7.08 Million USD as of November 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.
Element79 Gold Corp - Total Assets Trend (2020–2025)
This chart illustrates how Element79 Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Element79 Gold Corp - Asset Composition Analysis
Current Asset Composition (August 2025)
Element79 Gold Corp's total assets of $7.08 Million consist of 13.5% current assets and 86.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.7% |
| Accounts Receivable | $41.98K | 0.6% |
| 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 (2020–2025)
This chart illustrates how Element79 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: Element79 Gold Corp's current assets represent 13.5% of total assets in 2025, a decrease from 72.0% in 2020.
- Cash Position: Cash and equivalents constituted 2.7% of total assets in 2025, down from 62.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 0.6% of total assets.
Element79 Gold Corp Competitors by Total Assets
Key competitors of Element79 Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
Element79 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 - Element79 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 - Element79 Gold Corp is currently not profitable relative to its asset base.
Element79 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 | 0.22 | 0.33 | 117.14 |
| Quick Ratio | 0.22 | 0.33 | 117.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.53 Million | $ -1.98 Million | $ 562.69K |
Element79 Gold Corp - Advanced Valuation Insights
This section examines the relationship between Element79 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 | 2.69 |
| Latest Market Cap to Assets Ratio | 0.33 |
| Asset Growth Rate (YoY) | -54.0% |
| Total Assets | $7.04 Million |
| Market Capitalization | $2.35 Million USD |
Valuation Analysis
Below Book Valuation: The market values Element79 Gold Corp's assets below their book value (0.33 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Element79 Gold Corp's assets decreased by 54.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Element79 Gold Corp (2020–2025)
The table below shows the annual total assets of Element79 Gold Corp from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-08-31 | $7.04 Million | -54.04% |
| 2024-08-31 | $15.33 Million | -19.71% |
| 2023-08-31 | $19.09 Million | -29.18% |
| 2022-08-31 | $26.95 Million | +2556.67% |
| 2021-08-31 | $1.01 Million | +849.52% |
| 2020-08-31 | $106.85K | -- |