Galore Resources Inc (GRI) - Total Assets
Based on the latest financial reports, Galore Resources Inc (GRI) holds total assets worth CA$12.84 Million CAD (≈ $9.29 Million USD) as of December 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. Check GRI cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Galore Resources Inc - Total Assets Trend (2014–2025)
This chart illustrates how Galore Resources Inc's total assets have evolved over time, based on quarterly financial data. Check GRI cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Galore Resources Inc - Asset Composition Analysis
Current Asset Composition (March 2025)
Galore Resources Inc's total assets of CA$12.84 Million consist of 0.1% current assets and 100.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.0% |
| Accounts Receivable | CA$3.62K | 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 (2014–2025)
This chart illustrates how Galore 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 GRI company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Galore Resources Inc's current assets represent 0.1% of total assets in 2025, a decrease from 0.7% in 2014.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2025, down from 0.2% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 0.0% of total assets.
Galore Resources Inc Competitors by Total Assets
Key competitors of Galore Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Glencore PLC
JSE:GLN
|
South Africa | ZAC142.20 Billion |
|
Vale S.A
F:CVLB
|
Germany | €87.59 Billion |
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$46.64 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Ivanhoe Mines Ltd.
TO:IVN
|
Canada | CA$7.38 Billion |
|
RTG Mining Inc
AU:RTG
|
Australia | AU$11.53 Million |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
Galore Resources Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.00 | 0.00 | 0.02 |
| Quick Ratio | 0.00 | 0.00 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-11.20 Million | CA$-9.86 Million | CA$-3.25 Million |
Galore Resources Inc - Advanced Valuation Insights
This section examines the relationship between Galore 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 | 2.71 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 8.8% |
| Total Assets | CA$12.47 Million |
| Market Capitalization | $1.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values Galore Resources Inc's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Galore Resources Inc's assets grew by 8.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Galore Resources Inc (2014–2025)
The table below shows the annual total assets of Galore Resources Inc from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | CA$12.47 Million ≈ $9.02 Million |
+8.84% |
| 2024-03-31 | CA$11.46 Million ≈ $8.29 Million |
+15.80% |
| 2023-03-31 | CA$9.90 Million ≈ $7.16 Million |
+14.07% |
| 2022-03-31 | CA$8.68 Million ≈ $6.28 Million |
+13.40% |
| 2021-03-31 | CA$7.65 Million ≈ $5.53 Million |
+6.75% |
| 2020-03-31 | CA$7.17 Million ≈ $5.18 Million |
+20.61% |
| 2019-03-31 | CA$5.94 Million ≈ $4.30 Million |
+8.07% |
| 2018-03-31 | CA$5.50 Million ≈ $3.98 Million |
-5.51% |
| 2017-03-31 | CA$5.82 Million ≈ $4.21 Million |
+19.93% |
| 2016-03-31 | CA$4.85 Million ≈ $3.51 Million |
+2.24% |
| 2015-03-31 | CA$4.75 Million ≈ $3.43 Million |
+4.36% |
| 2014-03-31 | CA$4.55 Million ≈ $3.29 Million |
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About Galore Resources Inc
Galore Resources Inc., through its subsidiary, Minerales Galore, S.A de C.V., engages in the acquisition and exploration of mineral properties in North America. The company explores for gold deposit. Its flagship project is the Dos Santos gold and base-metal property covering an area of 15,000 hectares of mineral claims located in northern Zacatecas State, Mexico. Galore Resources Inc. was incorp… Read more