Borealis Mining Company Limited

V:BOGO Canada Other Industrial Metals & Mining
Market Cap
$143.51 Million
CA$206.12 Million CAD
Market Cap Rank
#18421 Global
#70 in Canada
Share Price
CA$1.41
Change (1 day)
-6.62%
52-Week Range
CA$0.71 - CA$1.98
All Time High
CA$1.98
About

Borealis Mining Company Limited engages in the acquisition and exploration of mineral properties in the United States. The company explores for gold and silver deposits. It holds a 100% interest in the Borealis project that includes 815 unpatented mining claims covering an area of approximately 16,900 acres and one unpatented mill site claim covering an area of 5 acres located in western Nevada. … Read more

Borealis Mining Company Limited (BOGO) - Total Assets

Latest total assets as of October 2025: CA$15.60 Million CAD

Based on the latest financial reports, Borealis Mining Company Limited (BOGO) holds total assets worth CA$15.60 Million CAD as of October 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.

Borealis Mining Company Limited - Total Assets Trend (2023–2025)

This chart illustrates how Borealis Mining Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Borealis Mining Company Limited - Asset Composition Analysis

Current Asset Composition (July 2025)

Borealis Mining Company Limited's total assets of CA$15.60 Million consist of 69.4% current assets and 30.6% non-current assets.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 35.3%
Accounts Receivable CA$381.52K 4.2%
Inventory CA$1.93 Million 21.5%
Property, Plant & Equipment CA$0.00 0.0%
Intangible Assets CA$0.00 0.0%
Goodwill CA$0.00 0.0%

Asset Composition Trend (2023–2025)

This chart illustrates how Borealis Mining Company Limited'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: Borealis Mining Company Limited's current assets represent 69.4% of total assets in 2025, a decrease from 77.8% in 2023.
  • Cash Position: Cash and equivalents constituted 35.3% of total assets in 2025, down from 48.4% in 2023.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2023.
  • Asset Diversification: The largest asset category is inventory at 21.5% of total assets.

Borealis Mining Company Limited Competitors by Total Assets

Key competitors of Borealis Mining Company Limited based on total assets are shown below.

Borealis Mining Company Limited - 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: 0.14 - 0.42

Moderate asset utilization - Borealis Mining Company Limited generates 0.42x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -164.99% - -82.99%

Negative ROA - Borealis Mining Company Limited is currently not profitable relative to its asset base.

Borealis Mining Company Limited - 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 13.28 4.21 4.21
Quick Ratio 9.61 2.51 2.51
Cash Ratio 0.00 0.00 0.00
Working Capital CA$11.87 Million CA$ 2.51 Million CA$ 2.51 Million

Borealis Mining Company Limited - Advanced Valuation Insights

This section examines the relationship between Borealis Mining Company Limited'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 43.89
Latest Market Cap to Assets Ratio 10.66
Asset Growth Rate (YoY) 22.2%
Total Assets CA$9.01 Million
Market Capitalization $96.07 Million USD

Valuation Analysis

Premium Asset Valuation: The market values Borealis Mining Company Limited's assets at a significant premium ( 10.66x), suggesting investors see substantial growth potential or unique competitive advantages.

Rapid Asset Growth: Borealis Mining Company Limited's assets grew by 22.2% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Borealis Mining Company Limited (2023–2025)

The table below shows the annual total assets of Borealis Mining Company Limited from 2023 to 2025.

Year Total Assets Change
2025-07-31 CA$9.01 Million +22.24%
2024-07-31 CA$7.37 Million +246.76%
2023-07-31 CA$2.13 Million --