GOCOF (Go Metals) Scaled Net Operating Assets: 0.49 (As of Jan. 2026)


What is Go Metals Scaled Net Operating Assets?

Go Metals GOCOF Scaled Net Operating Assets is 0.49 as of Jan. 2026. The stock has 1 warning sign investors should review.

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

Go Metals's operating assets for the quarter that ended in Jan. 2026 was $0.22 Mil. Go Metals's operating liabilities for the quarter that ended in Jan. 2026 was $0.05 Mil. Go Metals's Total Assets for the quarter that ended in Oct. 2025 was $0.34 Mil. Therefore, Go Metals's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.49.

Go Metals Scaled Net Operating Assets Historical Data

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The historical data trend for Go Metals'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.

Go Metals Scaled Net Operating Assets Chart

Go Metals Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.38 -0.18 0.20 0.25

Go Metals Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.38 0.41 0.46 0.49

Go Metals Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Go Metals'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.

Go Metals Scaled Net Operating Assets vs Metals & Mining Industry

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

* The bar in red indicates where Go Metals's Scaled Net Operating Assets falls into.


Go Metals 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.

Go Metals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(0.225-0.031)/0.763
=0.25

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.421 - 0.196
=0.225

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.031 - 0 - 0
=0.031

Go Metals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Oct. 2025 )
=(0.22-0.054)/0.337
=0.49

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.285 - 0.065
=0.22

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.054 - 0 - 0
=0.054

* 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 0.49 mean?
Go Metals (GOCOF) has a Scaled Net Operating Assets of 0.49 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Go Metals and its competitors.
Is Go Metals' Scaled Net Operating Assets too high?
Go Metals' current Scaled Net Operating Assets is 0.49.
How does Go Metals' Scaled Net Operating Assets compare to competitors?
Go Metals' Scaled Net Operating Assets of 0.49 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 Go Metals and its competitors. Go Metals's current Scaled Net Operating Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Metals stock overvalued right now?
Go Metals (GOCOF) has a current Scaled Net Operating Assets of 0.49. The current Scaled Net Operating Assets is 0.49. 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 Go Metals (GOCOF), the current Scaled Net Operating Assets is 0.49 as of Jan. 2026. 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.

Go Metals Business Description

Other Exchanges GOCO:Canada
Address 1111 Melville Street, 11th Floor, Vancouver, BC, CAN, V6E 3V6
Go Metals Corp is an exploration stage company and is in the process of exploring its mineral properties in Canada. The properties of the company include Monster, HSP, Oriole Property in Quebec, and others. HSP is a nickel sulphide project in Quebec and Monster is an Iron Oxide Copper Gold (IOCG) in Yukon.