Canadian Gold Resources (FRA:VQ6) Scaled Net Operating Assets: 0.97 (As of Dec. 2025)

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What is Canadian Gold Resources Scaled Net Operating Assets?

Canadian Gold Resources FRA:VQ6 -1.96% Scaled Net Operating Assets is 0.97 as of Dec. 2025. The stock has 2 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Canadian Gold Resources's operating assets for the quarter that ended in Dec. 2025 was €4.38 Mil. Canadian Gold Resources's operating liabilities for the quarter that ended in Dec. 2025 was €1.77 Mil. Canadian Gold Resources's Total Assets for the quarter that ended in Sep. 2025 was €2.70 Mil. Therefore, Canadian Gold Resources's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.97.

Canadian Gold Resources Scaled Net Operating Assets Historical Data

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The historical data trend for Canadian Gold Resources's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canadian Gold Resources Scaled Net Operating Assets Chart

Canadian Gold Resources Annual Data
Trend Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.84 0.49 0.72

Canadian Gold Resources Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 109.00 0.27 0.36 0.47 0.97

FRA:VQ6 vs NEM, AU: Scaled Net Operating Assets Comparison

For the Gold subindustry, Canadian Gold Resources's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canadian Gold Resources Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Canadian Gold Resources's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Canadian Gold Resources's Scaled Net Operating Assets falls into.


Canadian Gold Resources Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Canadian Gold Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(4.378-1.769)/3.608
=0.72

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.91 - 0.532
=4.378

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.8 - 0.027 - 0.004
=1.769

Canadian Gold Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(4.378-1.769)/2.701
=0.97

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.91 - 0.532
=4.378

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.8 - 0.027 - 0.004
=1.769

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.97 mean?
Canadian Gold Resources (FRA:VQ6) has a Scaled Net Operating Assets of 0.97 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Canadian Gold Resources and its competitors.
Is Canadian Gold Resources' Scaled Net Operating Assets too high?
Canadian Gold Resources' current Scaled Net Operating Assets is 0.97.
How does Canadian Gold Resources' Scaled Net Operating Assets compare to NEM and AU?
Canadian Gold Resources' Scaled Net Operating Assets of 0.97 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Canadian Gold Resources and its competitors. Canadian Gold Resources's current Scaled Net Operating Assets is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Gold Resources stock overvalued right now?
Canadian Gold Resources (FRA:VQ6) has a current Scaled Net Operating Assets of 0.97. The current Scaled Net Operating Assets is 0.97. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Canadian Gold Resources (FRA:VQ6), the current Scaled Net Operating Assets is 0.97 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Canadian Gold Resources Business Description

Other Exchanges CAN:Canada
Address 239 Du Trecarre, Varennes, QC, CAN, J3X 1Y8
Canadian Gold Resources Ltd is a Canadian exploration company focused on developing high-grade gold projects in the Gaspe Gold Belt of Quebec. The company targets under-explored, past-producing properties with growth potential, leveraging modern exploration techniques to unlock value. Its projects include Lac Arsenault is its Flagship Project, with a Bulk Sample Projected to Yield 4,000 oz of Gold; Robidoux with high-grade Gold potential with Confirmed Bulk Samples; and VG Boulder with high-grade surface samples and visible gold occurrences.