Awale Resources Ltd

V:ARIC Canada Gold
Market Cap
$55.32 Million
CA$79.46 Million CAD
Market Cap Rank
#22720 Global
#106 in Canada
Share Price
CA$0.77
Change (1 day)
-6.10%
52-Week Range
CA$0.43 - CA$1.15
All Time High
CA$20.00
About

Awalé Resources Limited engages in the acquisition, exploration, and development of mineral properties in Côte d'Ivoire. It primarily explores for gold, copper, and other precious metals. The company's flagship project is the Odienné Project which covers approximately 2,346 square kilometers located in the northwest Denguèlé Region of Côte d'Ivoire. The company was formerly known as Spada Gold Li… Read more

Awale Resources Ltd (ARIC) - Total Assets

Latest total assets as of September 2025: CA$19.97 Million CAD

Based on the latest financial reports, Awale Resources Ltd (ARIC) holds total assets worth CA$19.97 Million CAD 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.

Awale Resources Ltd - Total Assets Trend (2015–2024)

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

Awale Resources Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Awale Resources Ltd's total assets of CA$19.97 Million consist of 56.6% current assets and 43.4% non-current assets.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 53.6%
Accounts Receivable CA$0.00 0.0%
Inventory CA$0.00 0.0%
Property, Plant & Equipment CA$0.00 0.0%
Intangible Assets CA$0.00 0.0%
Goodwill CA$0.00 0.0%

Asset Composition Trend (2015–2024)

This chart illustrates how Awale Resources 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: Awale Resources Ltd's current assets represent 56.6% of total assets in 2024, a decrease from 100.0% in 2015.
  • Cash Position: Cash and equivalents constituted 53.6% of total assets in 2024, down from 100.0% in 2015.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
  • Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.

Awale Resources Ltd Competitors by Total Assets

Key competitors of Awale Resources 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

Awale Resources 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 - Awale Resources 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: -145.74% - -2.31%

Negative ROA - Awale Resources Ltd is currently not profitable relative to its asset base.

Awale Resources 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 6.57 9.17 0.57
Quick Ratio 6.57 9.17 0.57
Cash Ratio 0.00 0.00 0.00
Working Capital CA$9.74 Million CA$ 7.85 Million CA$ -564.07K

Awale Resources Ltd - Advanced Valuation Insights

This section examines the relationship between Awale Resources 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 3.40
Latest Market Cap to Assets Ratio 2.79
Asset Growth Rate (YoY) 88.2%
Total Assets CA$13.02 Million
Market Capitalization $36.36 Million USD

Valuation Analysis

Premium Asset Valuation: The market values Awale Resources Ltd's assets at a significant premium ( 2.79x), suggesting investors see substantial growth potential or unique competitive advantages.

Rapid Asset Growth: Awale Resources Ltd's assets grew by 88.2% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Awale Resources Ltd (2015–2024)

The table below shows the annual total assets of Awale Resources Ltd from 2015 to 2024.

Year Total Assets Change
2024-12-31 CA$13.02 Million +88.22%
2023-12-31 CA$6.92 Million +18.82%
2022-12-31 CA$5.82 Million -52.99%
2021-12-31 CA$12.38 Million +10.61%
2020-12-31 CA$11.19 Million +32.41%
2019-12-31 CA$8.45 Million +63.99%
2018-12-31 CA$5.16 Million -12.83%
2017-12-31 CA$5.91 Million +1884.73%
2016-12-31 CA$297.96K +45.32%
2015-12-31 CA$205.04K --