Probe Metals Inc
Probe Gold Inc., a precious metal exploration company, engages in the acquisition, exploration, and development of gold properties in Canada. the company's flagship asset is its 100%-owned Novador property comprising 436 square kilometers, which includes the Monique, Pascalis, and Courvan trends and their deposits located in the city of Val-d'Or, Quebec. It also acquired a 100% interest in the St… Read more
Probe Metals Inc (PROBF) - Total Assets
Latest total assets as of September 2025: $48.19 Million USD
Based on the latest financial reports, Probe Metals Inc (PROBF) holds total assets worth $48.19 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.
Probe Metals Inc - Total Assets Trend (2012–2024)
This chart illustrates how Probe Metals Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Probe Metals Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Probe Metals Inc's total assets of $48.19 Million consist of 78.1% current assets and 21.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 63.6% |
| 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 (2012–2024)
This chart illustrates how Probe Metals 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: Probe Metals Inc's current assets represent 78.1% of total assets in 2024, an increase from 0.0% in 2012.
- Cash Position: Cash and equivalents constituted 63.6% of total assets in 2024, down from 96.7% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Probe Metals Inc Competitors by Total Assets
Key competitors of Probe Metals Inc 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 |
Probe Metals 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 - Probe Metals 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
Negative ROA - Probe Metals Inc is currently not profitable relative to its asset base.
Probe Metals 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 | 5.06 | 3.50 | 7.28 |
| Quick Ratio | 5.06 | 3.50 | 7.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $33.47 Million | $ 21.39 Million | $ 31.36 Million |
Probe Metals Inc - Advanced Valuation Insights
This section examines the relationship between Probe Metals 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 | 20.98 |
| Latest Market Cap to Assets Ratio | 6.41 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $34.32 Million |
| Market Capitalization | $220.06 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Probe Metals Inc's assets at a significant premium ( 6.41x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: Probe Metals Inc's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Probe Metals Inc (2012–2024)
The table below shows the annual total assets of Probe Metals Inc from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $34.32 Million | -0.02% |
| 2023-12-31 | $34.32 Million | +0.17% |
| 2022-12-31 | $34.26 Million | -1.76% |
| 2021-12-31 | $34.88 Million | -7.11% |
| 2020-12-31 | $37.55 Million | -10.01% |
| 2019-12-31 | $41.72 Million | +28.22% |
| 2018-12-31 | $32.54 Million | +0.39% |
| 2017-12-31 | $32.41 Million | +5.34% |
| 2016-12-31 | $30.77 Million | +130.43% |
| 2015-12-31 | $13.35 Million | -40.09% |
| 2013-12-31 | $22.29 Million | -21.44% |
| 2012-12-31 | $28.37 Million | -- |