P2 Gold Inc
P2 Gold Inc., a mineral exploration company, engages in the acquisition, exploration, and development of mineral resource properties primarily in the United States. It primarily explores for gold, copper, and silver deposits. The company holds a 100% interest in the Gabbs project that consists of 543 unpatented lode mining claims and one patented lode mining claim covering 4,500 hectares located … Read more
P2 Gold Inc (PGLDF) - Total Assets
Latest total assets as of September 2025: $12.11 Million USD
Based on the latest financial reports, P2 Gold Inc (PGLDF) holds total assets worth $12.11 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.
P2 Gold Inc - Total Assets Trend (2018–2024)
This chart illustrates how P2 Gold Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
P2 Gold Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
P2 Gold Inc's total assets of $12.11 Million consist of 93.1% current assets and 6.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 78.8% |
| 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 (2018–2024)
This chart illustrates how P2 Gold Inc'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: P2 Gold Inc's current assets represent 93.1% of total assets in 2024, a decrease from 100.0% in 2018.
- Cash Position: Cash and equivalents constituted 78.8% of total assets in 2024, down from 95.9% 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 goodwill at 0.0% of total assets.
P2 Gold Inc Competitors by Total Assets
Key competitors of P2 Gold Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
5YY0
F:5YY0
|
Germany | €11.52 Million |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
|
China Silver Group Limited
F:2CS
|
Germany | €2.12 Billion |
P2 Gold Inc - 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 - P2 Gold Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, P2 Gold Inc generates $ 605.54 in net profit.
P2 Gold Inc - 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 | 4.66 | 0.19 | 1.10 |
| Quick Ratio | 4.66 | 0.19 | 1.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.49 Million | $ -3.68 Million | $ 543.30K |
P2 Gold Inc - Advanced Valuation Insights
This section examines the relationship between P2 Gold Inc'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 | 18.48 |
| Latest Market Cap to Assets Ratio | 13.87 |
| Asset Growth Rate (YoY) | 120.5% |
| Total Assets | $685.10K |
| Market Capitalization | $9.50 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values P2 Gold Inc's assets at a significant premium ( 13.87x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: P2 Gold Inc's assets grew by 120.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for P2 Gold Inc (2018–2024)
The table below shows the annual total assets of P2 Gold Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $685.10K | +120.54% |
| 2023-12-31 | $310.64K | -87.13% |
| 2022-12-31 | $2.41 Million | -71.45% |
| 2021-12-31 | $8.45 Million | +354.33% |
| 2020-12-31 | $1.86 Million | +179.99% |
| 2019-12-31 | $664.43K | -69.20% |
| 2018-12-31 | $2.16 Million | -- |