Gold Springs Resource Corp (GRC) - Total Assets

Latest as of March 2026: CA$27.21 Million CAD ≈ $19.68 Million USD

Based on the latest financial reports, Gold Springs Resource Corp (GRC) holds total assets worth CA$27.21 Million CAD (≈ $19.68 Million USD) as of March 2026. 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. Check cash flow reinvestment rate of Gold Springs Resource Corp to assess the company's total reinvestment commitment from operating cash flow.

Gold Springs Resource Corp - Total Assets Trend (2004–2025)

This chart illustrates how Gold Springs Resource Corp's total assets have evolved over time, based on quarterly financial data. Explore GRC strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Gold Springs Resource Corp - Asset Composition Analysis

Current Asset Composition (December 2025)

Gold Springs Resource Corp's total assets of CA$27.21 Million consist of 0.6% current assets and 99.5% non-current assets.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$52.83K 0.2%
Accounts Receivable CA$6.72K 0.0%
Inventory CA$0.00 0.0%
Property, Plant & Equipment CA$26.39 Million 97.1%
Intangible Assets CA$0.00 0.0%
Goodwill CA$0.00 0.0%

Asset Composition Trend (2004–2025)

This chart illustrates how Gold Springs Resource 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. For live market cap, price, and company overview, see how much is Gold Springs Resource Corp worth.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Gold Springs Resource Corp's current assets represent 0.6% of total assets in 2025, a decrease from 53.9% in 2004.
  • Cash Position: Cash and equivalents constituted 0.2% of total assets in 2025, down from 21.4% in 2004.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
  • Asset Diversification: The largest asset category is property, plant & equipment at 97.1% of total assets.

Gold Springs Resource Corp Competitors by Total Assets

Key competitors of Gold Springs Resource Corp based on total assets are shown below.

Company Country Total Assets
AngloGold Ashanti Ltd
JSE:ANG
South Africa ZAC15.77 Billion
Chifeng Jilong Gold Mining Co Ltd
SHG:600988
China CN¥24.87 Billion
G Mining Ventures Corp.
TO:GMIN
Canada CA$1.95 Billion
Perseus Mining Ltd
AU:PRU
Australia AU$2.72 Billion
Alamos Gold Inc
TO:AGI
Canada CA$5.98 Billion
Montage Gold Corp.
TO:MAU
Canada CA$738.35 Million
De Grey Mining Ltd
AU:DEG
Australia AU$1.32 Billion
Torex Gold Resources Inc
TO:TXG
Canada CA$3.01 Billion

Gold Springs Resource 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 0.03 0.06 4.41
Quick Ratio 0.03 0.06 4.41
Cash Ratio 0.00 0.01 3.77
Working Capital CA$-3.12 Million CA$-1.55 Million CA$3.10 Million

Gold Springs Resource Corp - Advanced Valuation Insights

This section examines the relationship between Gold Springs Resource 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 0.72
Latest Market Cap to Assets Ratio 0.60
Asset Growth Rate (YoY) 3.8%
Total Assets CA$27.17 Million
Market Capitalization $16.38 Million USD

Valuation Analysis

Below Book Valuation: The market values Gold Springs Resource Corp's assets below their book value (0.60x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Gold Springs Resource Corp's assets grew by 3.8% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Gold Springs Resource Corp (2004–2025)

The table below shows the annual total assets of Gold Springs Resource Corp from 2004 to 2025.

Year Total Assets Change
2025-12-31 CA$27.17 Million
≈ $19.66 Million
+3.77%
2024-12-31 CA$26.18 Million
≈ $18.94 Million
+1.48%
2023-12-31 CA$25.80 Million
≈ $18.66 Million
+0.09%
2022-12-31 CA$25.78 Million
≈ $18.65 Million
+2.43%
2021-12-31 CA$25.17 Million
≈ $18.20 Million
+6.11%
2020-12-31 CA$23.72 Million
≈ $17.16 Million
-4.48%
2019-12-31 CA$24.83 Million
≈ $17.96 Million
-44.58%
2018-12-31 CA$44.80 Million
≈ $32.41 Million
-12.37%
2017-12-31 CA$51.12 Million
≈ $36.98 Million
+1.72%
2016-12-31 CA$50.26 Million
≈ $36.36 Million
+3.78%
2015-12-31 CA$48.43 Million
≈ $35.03 Million
-1.19%
2014-12-31 CA$49.01 Million
≈ $35.45 Million
-7.12%
2013-12-31 CA$52.77 Million
≈ $38.17 Million
-2.00%
2012-12-31 CA$53.84 Million
≈ $38.95 Million
+17.43%
2011-12-31 CA$45.85 Million
≈ $33.17 Million
-5.48%
2010-12-31 CA$48.51 Million
≈ $35.09 Million
+205.90%
2009-12-31 CA$15.86 Million
≈ $11.47 Million
+13.56%
2008-12-31 CA$13.97 Million
≈ $10.10 Million
-14.32%
2007-12-31 CA$16.30 Million
≈ $11.79 Million
+1096.82%
2006-12-31 CA$1.36 Million
≈ $985.20K
-77.99%
2004-12-31 CA$6.19 Million
≈ $4.48 Million
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About Gold Springs Resource Corp

TO:GRC Canada Gold
Market Cap
$16.38 Million
CA$22.64 Million CAD
Market Cap Rank
#25750 Global
#1030 in Canada
Share Price
CA$0.08
Change (1 day)
+0.00%
52-Week Range
CA$0.06 - CA$0.13
All Time High
CA$0.34
About

Gold Springs Resource Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. The company primarily explores for gold and silver deposits. It holds 100% interest in the Gold Springs project covering an area of approximately 7,544 hectares located in straddles eastern Lincoln County, Nevada and western Iron County, Utah. The company was formerly k… Read more