Maple Gold Mines Ltd

OTCQB:MGMLF USA Gold
Market Cap
$3.32 Million
Market Cap Rank
#33415 Global
#10916 in USA
Share Price
$0.05
Change (1 day)
-3.85%
52-Week Range
$0.04 - $0.05
All Time High
$0.39
About

Maple Gold Mines Ltd. operates as a gold exploration company in Canada. Its flagship project is the Douay gold project consists of 691 claims covering an area of approximately 400 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec. The company was formerly known as Aurvista Gold Corporation and changed its name to Maple Gold Mines Ltd.… Read more

Maple Gold Mines Ltd (MGMLF) - Total Assets

Latest total assets as of September 2025: $8.53 Million USD

Based on the latest financial reports, Maple Gold Mines Ltd (MGMLF) holds total assets worth $8.53 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.

Maple Gold Mines Ltd - Total Assets Trend (2010–2024)

This chart illustrates how Maple Gold Mines Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Maple Gold Mines Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Maple Gold Mines Ltd's total assets of $8.53 Million consist of 96.7% current assets and 3.3% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 86.6%
Accounts Receivable $117.62K 1.3%
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 (2010–2024)

This chart illustrates how Maple Gold Mines Ltd'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: Maple Gold Mines Ltd's current assets represent 96.7% of total assets in 2024, an increase from 0.0% in 2010.
  • Cash Position: Cash and equivalents constituted 86.6% of total assets in 2024, up from 0.0% in 2010.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
  • Asset Diversification: The largest asset category is accounts receivable at 1.3% of total assets.

Maple Gold Mines Ltd Competitors by Total Assets

Key competitors of Maple Gold Mines Ltd 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

Maple Gold Mines Ltd - 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

Historical Range: 0.00 - 0.00

Lower asset utilization - Maple Gold Mines Ltd generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -175.60% - 0.00%

Negative ROA - Maple Gold Mines Ltd is currently not profitable relative to its asset base.

Maple Gold Mines Ltd - 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 8.96 1.82 4.82
Quick Ratio 8.96 1.82 4.82
Cash Ratio 0.00 0.00 0.00
Working Capital $7.36 Million $ 2.35 Million $ 5.31 Million

Maple Gold Mines Ltd - Advanced Valuation Insights

This section examines the relationship between Maple Gold Mines Ltd'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 23.97
Latest Market Cap to Assets Ratio 0.29
Asset Growth Rate (YoY) 99.4%
Total Assets $9.09 Million
Market Capitalization $2.64 Million USD

Valuation Analysis

Below Book Valuation: The market values Maple Gold Mines Ltd's assets below their book value (0.29 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Maple Gold Mines Ltd's assets grew by 99.4% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Maple Gold Mines Ltd (2010–2024)

The table below shows the annual total assets of Maple Gold Mines Ltd from 2010 to 2024.

Year Total Assets Change
2024-12-31 $9.09 Million +99.42%
2023-12-31 $4.56 Million -59.28%
2022-12-31 $11.20 Million -49.89%
2021-12-31 $22.34 Million +3.69%
2020-12-31 $21.55 Million +269.23%
2019-12-31 $5.84 Million +8.72%
2018-12-31 $5.37 Million -23.35%
2017-12-31 $7.00 Million +31.90%
2016-12-31 $5.31 Million +1013.38%
2015-12-31 $476.84K -98.15%
2014-12-31 $25.77 Million -9.72%
2013-12-31 $28.54 Million -9.02%
2012-12-31 $31.37 Million +13.30%
2011-12-31 $27.69 Million +279.52%
2010-12-31 $7.30 Million --