Freeman Gold Corp
Freeman Gold Corp. explores and evaluates mineral properties in Canada. Its flagship property is the Lemhi Gold Property that consists of 10 patented mining claims, 1 patented mill site claim, and 333 unpatented mining claims covering an area of approximately 6,739 acres of mineral rights and 615 acres of surface rights located in Lemhi County, Idaho. The company is based in Vancouver, Canada.
Freeman Gold Corp (FMANF) - Total Assets
Latest total assets as of May 2025: $31.06 Million USD
Based on the latest financial reports, Freeman Gold Corp (FMANF) holds total assets worth $31.06 Million USD as of May 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.
Freeman Gold Corp - Total Assets Trend (2018–2024)
This chart illustrates how Freeman Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Freeman Gold Corp - Asset Composition Analysis
Current Asset Composition (November 2024)
Freeman Gold Corp's total assets of $31.06 Million consist of 14.5% current assets and 85.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.3% |
| Accounts Receivable | $41.50K | 0.1% |
| 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 (2018–2024)
This chart illustrates how Freeman 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: Freeman Gold Corp's current assets represent 14.5% of total assets in 2024, a decrease from 95.2% in 2018.
- Cash Position: Cash and equivalents constituted 14.3% of total assets in 2024, down from 90.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
Freeman Gold Corp Competitors by Total Assets
Key competitors of Freeman 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 |
Freeman 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 - Freeman 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 - Freeman Gold Corp is currently not profitable relative to its asset base.
Freeman 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 | 2.13 | 1.54 | 18.31 |
| Quick Ratio | 2.13 | 1.54 | 18.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.59 Million | $ 701.23K | $ 8.39 Million |
Freeman Gold Corp - Advanced Valuation Insights
This section examines the relationship between Freeman 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 | 2.91 |
| Latest Market Cap to Assets Ratio | 0.34 |
| Asset Growth Rate (YoY) | 9.1% |
| Total Assets | $30.92 Million |
| Market Capitalization | $10.56 Million USD |
Valuation Analysis
Below Book Valuation: The market values Freeman Gold Corp's assets below their book value (0.34 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Freeman Gold Corp's assets grew by 9.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Freeman Gold Corp (2018–2024)
The table below shows the annual total assets of Freeman Gold Corp from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-11-30 | $30.92 Million | +9.08% |
| 2023-11-30 | $28.35 Million | -5.43% |
| 2022-11-30 | $29.97 Million | -4.32% |
| 2021-11-30 | $31.33 Million | +120.95% |
| 2020-11-30 | $14.18 Million | +2006.12% |
| 2019-11-30 | $673.24K | +551.04% |
| 2018-11-30 | $103.41K | -- |