Provenance Gold Corp
Provenance Gold Corp., an exploration company, engages in the acquisition, exploration and development of mineral properties in the United States. The company explores for gold deposit. It holds an option to acquire 100% interest in the White Rock property comprising 117 claims covering an area of approximately 2,396 acres located in the northeastern corner of Elko County, Nevada; and Eldorado Pr… Read more
Provenance Gold Corp (PVGDF) - Total Assets
Latest total assets as of September 2025: $8.76 Million USD
Based on the latest financial reports, Provenance Gold Corp (PVGDF) holds total assets worth $8.76 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.
Provenance Gold Corp - Total Assets Trend (2017–2024)
This chart illustrates how Provenance Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Provenance Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Provenance Gold Corp's total assets of $8.76 Million consist of 38.0% current assets and 62.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 37.4% |
| Accounts Receivable | $33.63K | 0.5% |
| 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 (2017–2024)
This chart illustrates how Provenance Gold 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: Provenance Gold Corp's current assets represent 38.0% of total assets in 2024, an increase from 12.1% in 2017.
- Cash Position: Cash and equivalents constituted 37.4% of total assets in 2024, up from 8.2% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
Provenance Gold Corp Competitors by Total Assets
Key competitors of Provenance Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
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 |
Provenance Gold 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 - Provenance Gold 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 - Provenance Gold Corp is currently not profitable relative to its asset base.
Provenance Gold 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 | 3.25 | 0.60 | 0.09 |
| Quick Ratio | 3.25 | 0.60 | 0.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.17 Million | $ -115.29K | $ -355.96K |
Provenance Gold Corp - Advanced Valuation Insights
This section examines the relationship between Provenance Gold 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 | 5.28 |
| Latest Market Cap to Assets Ratio | 2.55 |
| Asset Growth Rate (YoY) | 128.7% |
| Total Assets | $6.86 Million |
| Market Capitalization | $17.46 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Provenance Gold Corp's assets at a significant premium ( 2.55x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Provenance Gold Corp's assets grew by 128.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Provenance Gold Corp (2017–2024)
The table below shows the annual total assets of Provenance Gold Corp from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.86 Million | +128.74% |
| 2023-12-31 | $3.00 Million | +10.62% |
| 2022-12-31 | $2.71 Million | -9.20% |
| 2021-12-31 | $2.98 Million | +617.30% |
| 2020-12-31 | $416.06K | +48.80% |
| 2019-12-31 | $279.60K | -79.25% |
| 2018-12-31 | $1.35 Million | +65.95% |
| 2017-12-31 | $812.15K | -- |