Gander Gold Corporation
Gander Gold Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. The company has eight gold-focused projects covering 2,259 square kilometers in Newfoundland. It has option agreement to acquire a 100% interest in the Gander North project, the Gander South project, the Little River project, the Hermitage project, the Carmanville project, the Cape Ra… Read more
Gander Gold Corporation (GANDD) - Total Assets
Latest total assets as of June 2024: $2.27 Million USD
Based on the latest financial reports, Gander Gold Corporation (GANDD) holds total assets worth $2.27 Million USD as of June 2024.
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.
Gander Gold Corporation - Total Assets Trend (2021–2024)
This chart illustrates how Gander Gold Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gander Gold Corporation - Asset Composition Analysis
Current Asset Composition (June 2024)
Gander Gold Corporation's total assets of $2.27 Million consist of 2.7% current assets and 97.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.3% |
| 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 (2021–2024)
This chart illustrates how Gander Gold Corporation'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: Gander Gold Corporation's current assets represent 2.7% of total assets in 2024, a decrease from 56.6% in 2021.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2024, down from 56.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Gander Gold Corporation Competitors by Total Assets
Key competitors of Gander Gold Corporation 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 |
Gander Gold Corporation - 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 - Gander Gold Corporation 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 - Gander Gold Corporation is currently not profitable relative to its asset base.
Gander Gold Corporation - 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 | 0.06 | 1.33 | 7.34 |
| Quick Ratio | 0.06 | 1.33 | 7.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-889.38K | $ 198.26K | $ 1.40 Million |
Gander Gold Corporation - Advanced Valuation Insights
This section examines the relationship between Gander Gold Corporation'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -81.0% |
| Total Assets | $2.27 Million |
| Market Capitalization | $1.28K USD |
Valuation Analysis
Below Book Valuation: The market values Gander Gold Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Gander Gold Corporation's assets decreased by 81.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Gander Gold Corporation (2021–2024)
The table below shows the annual total assets of Gander Gold Corporation from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $2.27 Million | -80.98% |
| 2023-06-30 | $11.93 Million | +20.10% |
| 2022-06-30 | $9.93 Million | +26.29% |
| 2021-06-30 | $7.86 Million | -- |