Gossan Resources Ltd

V:GSS Canada Other Industrial Metals & Mining
Market Cap
$1.64 Million
CA$2.36 Million CAD
Market Cap Rank
#34946 Global
#353 in Canada
Share Price
CA$0.04
Change (1 day)
+0.00%
52-Week Range
CA$0.02 - CA$0.05
All Time High
CA$0.30
About

Gossan Resources Limited, an exploration and evaluation stage company, engages in the acquisition, exploration, and development of resource properties in Canada. It holds interest in the Glitter property located in the Sturgeon Lake Greenstone Belt of Northwestern Ontario; the Gander Gold property covers an area of 9050 hectares situated in Newfoundland; and the Weir Pond project covers an area o… Read more

Gossan Resources Ltd (GSS) - Total Assets

Latest total assets as of September 2025: CA$566.50K CAD

Based on the latest financial reports, Gossan Resources Ltd (GSS) holds total assets worth CA$566.50K 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.

Gossan Resources Ltd - Total Assets Trend (1997–2025)

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

Gossan Resources Ltd - Asset Composition Analysis

Current Asset Composition (March 2025)

Gossan Resources Ltd's total assets of CA$566.50K consist of 100.0% current assets and 0.0% non-current assets.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 44.5%
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 (1997–2025)

This chart illustrates how Gossan 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: Gossan Resources Ltd's current assets represent 100.0% of total assets in 2025, an increase from 13.0% in 1997.
  • Cash Position: Cash and equivalents constituted 44.5% of total assets in 2025, up from 12.7% in 1997.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1997.
  • Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.

Gossan Resources Ltd Competitors by Total Assets

Key competitors of Gossan Resources Ltd based on total assets are shown below.

Gossan 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 - Gossan 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: -365.80% - 68.18%

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

Gossan 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 4.05 4.65 0.21
Quick Ratio 4.05 4.65 0.19
Cash Ratio 0.00 0.00 0.00
Working Capital CA$426.74K CA$ 549.97K CA$ -199.09K

Gossan Resources Ltd - Advanced Valuation Insights

This section examines the relationship between Gossan 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 5.53
Latest Market Cap to Assets Ratio 2.83
Asset Growth Rate (YoY) -41.4%
Total Assets CA$552.85K
Market Capitalization $1.57 Million USD

Valuation Analysis

Premium Asset Valuation: The market values Gossan Resources Ltd's assets at a significant premium ( 2.83x), suggesting investors see substantial growth potential or unique competitive advantages.

Significant Asset Reduction: Gossan Resources Ltd's assets decreased by 41.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Gossan Resources Ltd (1997–2025)

The table below shows the annual total assets of Gossan Resources Ltd from 1997 to 2025.

Year Total Assets Change
2025-03-31 CA$552.85K -41.43%
2024-03-31 CA$943.96K +191.14%
2023-03-31 CA$324.23K -56.45%
2022-03-31 CA$744.51K +59.17%
2021-03-31 CA$467.74K +438.67%
2020-03-31 CA$86.83K -38.18%
2019-03-31 CA$140.47K -76.85%
2018-03-31 CA$606.65K +60.44%
2017-03-31 CA$378.12K -32.17%
2016-03-31 CA$557.46K -35.54%
2015-03-31 CA$864.76K -1.45%
2014-03-31 CA$877.52K +21.06%
2013-03-31 CA$724.87K -56.36%
2012-03-31 CA$1.66 Million +90.80%
2011-03-31 CA$870.47K -84.37%
2010-03-31 CA$5.57 Million -4.09%
2009-03-31 CA$5.81 Million +1.59%
2008-03-31 CA$5.72 Million +59.54%
2007-03-31 CA$3.58 Million -2.74%
2006-03-31 CA$3.68 Million +12.21%
2005-03-31 CA$3.28 Million +2.32%
2004-03-31 CA$3.21 Million -0.13%
2003-03-31 CA$3.21 Million +9.91%
2002-03-31 CA$2.92 Million +7.46%
2001-03-31 CA$2.72 Million -10.96%
2000-03-31 CA$3.05 Million +3.12%
1999-03-31 CA$2.96 Million +12.30%
1998-03-31 CA$2.64 Million +8.95%
1997-03-31 CA$2.42 Million --