Forge Resources Corp.
Forge Resources Corp. engages in the exploration and development of natural resource properties in Canada, Colombia, and Mexico. The company explores for gold, molybdenum, and copper deposits, as well as coal. It has an option right to earn 60% joint venture interest in the Alotta project located in the Whitehorse mining district, Yukon. The company also holds interest in the La Estrella coal pro… Read more
Forge Resources Corp. (FRGGF) - Total Assets
Latest total assets as of November 2025: $19.49 Million USD
Based on the latest financial reports, Forge Resources Corp. (FRGGF) holds total assets worth $19.49 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.
Forge Resources Corp. - Total Assets Trend (2020–2025)
This chart illustrates how Forge Resources Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Forge Resources Corp. - Asset Composition Analysis
Current Asset Composition (November 2025)
Forge Resources Corp.'s total assets of $19.49 Million consist of 5.6% current assets and 94.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.2% |
| 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 (2020–2025)
This chart illustrates how Forge Resources 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: Forge Resources Corp.'s current assets represent 5.6% of total assets in 2025, an increase from 1.3% in 2020.
- Cash Position: Cash and equivalents constituted 2.2% of total assets in 2025, up from 0.3% 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 goodwill at 0.0% of total assets.
Forge Resources Corp. Competitors by Total Assets
Key competitors of Forge Resources 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 |
Forge Resources 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 - Forge Resources 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 - Forge Resources Corp. is currently not profitable relative to its asset base.
Forge Resources 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 | 0.26 | 3.51 | 0.03 |
| Quick Ratio | 0.26 | 3.51 | 0.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.75 Million | $ 433.19K | $ -1.08 Million |
Forge Resources Corp. - Advanced Valuation Insights
This section examines the relationship between Forge Resources 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 | 4.12 |
| Latest Market Cap to Assets Ratio | 2.26 |
| Asset Growth Rate (YoY) | 135.3% |
| Total Assets | $17.22 Million |
| Market Capitalization | $38.87 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Forge Resources Corp.'s assets at a significant premium ( 2.26x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Forge Resources Corp.'s assets grew by 135.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Forge Resources Corp. (2020–2025)
The table below shows the annual total assets of Forge Resources Corp. from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-11-30 | $17.22 Million | +135.31% |
| 2024-11-30 | $7.32 Million | +1052.30% |
| 2023-11-30 | $635.16K | -91.72% |
| 2022-11-30 | $7.67 Million | +129.93% |
| 2021-11-30 | $3.34 Million | +100.88% |
| 2020-11-30 | $1.66 Million | -- |