Geomega Resources Inc (GMA) - Total Assets

Latest as of May 2025: CA$7.68 Million CAD ≈ $5.56 Million USD

Based on the latest financial reports, Geomega Resources Inc (GMA) holds total assets worth CA$7.68 Million CAD (≈ $5.56 Million USD) as of May 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. See Geomega Resources Inc (GMA) net assets for net asset value and shareholders' equity analysis.

Geomega Resources Inc - Total Assets Trend (2010–2025)

This chart illustrates how Geomega Resources Inc's total assets have evolved over time, based on quarterly financial data.

Geomega Resources Inc - Asset Composition Analysis

Current Asset Composition (May 2025)

Geomega Resources Inc's total assets of CA$7.68 Million consist of 41.3% current assets and 58.7% non-current assets.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 13.0%
Accounts Receivable CA$45.70K 0.6%
Inventory CA$25.09K 0.3%
Property, Plant & Equipment CA$0.00 0.0%
Intangible Assets CA$0.00 0.0%
Goodwill CA$0.00 0.0%

Asset Composition Trend (2010–2025)

This chart illustrates how Geomega Resources 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. For live market cap, price, and company overview, see Geomega Resources Inc (GMA) market capitalisation.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Geomega Resources Inc's current assets represent 41.3% of total assets in 2025, a decrease from 44.9% in 2010.
  • Cash Position: Cash and equivalents constituted 13.0% of total assets in 2025, down from 42.4% in 2010.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
  • Asset Diversification: The largest asset category is accounts receivable at 0.6% of total assets.

Geomega Resources Inc Competitors by Total Assets

Key competitors of Geomega Resources Inc based on total assets are shown below.

Company Country Total Assets
Pilbara Minerals Ltd
AU:PLS
Australia AU$4.70 Billion
Almonty Industries Inc
AU:AII
Australia AU$589.73 Million
Almonty Industries Inc
TO:AII
Canada CA$433.14 Million
Nanning Chemical Industry Co Ltd
SHG:600301
China CN¥8.36 Billion
Rising Nonferrous Metals Share Co Ltd
SHG:600259
China CN¥8.11 Billion
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
China CN¥25.91 Billion
Sichuan Yahua Industrial Group Co Ltd
SHE:002497
China CN¥14.48 Billion
Skeena Resources Ltd
TO:SKE
Canada CA$647.20 Million

Geomega Resources 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 1.49 2.17 1.59
Quick Ratio 1.48 2.16 1.57
Cash Ratio 0.00 0.00 0.00
Working Capital CA$1.04 Million CA$2.45 Million CA$232.81K

Geomega Resources Inc - Advanced Valuation Insights

This section examines the relationship between Geomega Resources 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 30.39
Latest Market Cap to Assets Ratio 3.99
Asset Growth Rate (YoY) -3.0%
Total Assets CA$7.68 Million
Market Capitalization $30.67 Million USD

Valuation Analysis

Premium Asset Valuation: The market values Geomega Resources Inc's assets at a significant premium (3.99x), suggesting investors see substantial growth potential or unique competitive advantages.

Slight Asset Contraction: Geomega Resources Inc's assets decreased by 3.0% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Geomega Resources Inc (2010–2025)

The table below shows the annual total assets of Geomega Resources Inc from 2010 to 2025.

Year Total Assets Change
2025-05-31 CA$7.68 Million
≈ $5.56 Million
-3.01%
2024-05-31 CA$7.92 Million
≈ $5.73 Million
-15.45%
2023-05-31 CA$9.36 Million
≈ $6.77 Million
+24.67%
2022-05-31 CA$7.51 Million
≈ $5.43 Million
+30.58%
2021-05-31 CA$5.75 Million
≈ $4.16 Million
+83.90%
2020-05-31 CA$3.13 Million
≈ $2.26 Million
+37.62%
2019-05-31 CA$2.27 Million
≈ $1.64 Million
-17.20%
2018-05-31 CA$2.75 Million
≈ $1.99 Million
+29.58%
2017-05-31 CA$2.12 Million
≈ $1.53 Million
+26.56%
2016-05-31 CA$1.67 Million
≈ $1.21 Million
+46.44%
2015-05-31 CA$1.14 Million
≈ $826.88K
-94.34%
2014-05-31 CA$20.20 Million
≈ $14.61 Million
+8.59%
2013-05-31 CA$18.60 Million
≈ $13.45 Million
+1.08%
2012-05-31 CA$18.40 Million
≈ $13.31 Million
+72.83%
2011-05-31 CA$10.65 Million
≈ $7.70 Million
+4920.74%
2010-05-31 CA$212.07K
≈ $153.41K
--

About Geomega Resources Inc

V:GMA Canada Other Industrial Metals & Mining
Market Cap
$30.67 Million
CA$42.40 Million CAD
Market Cap Rank
#23650 Global
#882 in Canada
Share Price
CA$0.29
Change (1 day)
+0.00%
52-Week Range
CA$0.13 - CA$0.46
All Time High
CA$0.57
About

Geomega Resources Inc. engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property, which consists of 96 mining claims covering an area of 5,333 hectares located in Quebec. The company was incorporated in 2008 and is headquartered in Boucherville, Canada.