NRGOF (Pinnacle Silver and Gold) Total Assets : $0.95 Mil (As of Jan. 2025)

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What is Pinnacle Silver and Gold Total Assets?

Pinnacle Silver and Gold's Total Assets for the quarter that ended in Jan. 2025 was $0.95 Mil.

During the past 12 months, Pinnacle Silver and Gold's average Total Assets Growth Rate was -0.90% per year. During the past 3 years, the average Total Assets Growth Rate was -32.00% per year. During the past 5 years, the average Total Assets Growth Rate was -27.10% per year. During the past 10 years, the average Total Assets Growth Rate was -7.80% per year.

During the past 13 years, Pinnacle Silver and Gold's highest 3-Year average Total Assets Growth Rate was 41.60%. The lowest was -32.00%. And the median was 1.70%.

Total Assets is connected with ROA %. Pinnacle Silver and Gold's annualized ROA % for the quarter that ended in Jan. 2025 was -135.44%. Total Assets is also linked to Revenue through Asset Turnover. Pinnacle Silver and Gold's Asset Turnover for the quarter that ended in Jan. 2025 was 0.00.

Pinnacle Silver and Gold Total Assets Historical Data

The historical data trend for Pinnacle Silver and Gold's Total 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.

* Premium members only.

Pinnacle Silver and Gold Total Assets Chart

Pinnacle Silver and Gold Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Total Assets

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2.36

4.43

0.95

0.83

0.54

Pinnacle Silver and Gold Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Total Assets	Get a 7-Day Free Trial															0.53	0.54	0.67	0.89	0.95

Pinnacle Silver and Gold Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Pinnacle Silver and Gold's Total Assets for the fiscal year that ended in Apr. 2024 is calculated as

Total Assets	=	Total Equity (A: Apr. 2024 )	+	Total Liabilities (A: Apr. 2024 )
	=	-0.042	+	0.584
	=	0.54

Pinnacle Silver and Gold's Total Assets for the quarter that ended in Jan. 2025 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2025 )	+	Total Liabilities (Q: Jan. 2025 )
	=	0.383	+	0.567
	=	0.95

Pinnacle Silver and Gold (OTCPK:NRGOF) Total Assets Explanation

Total Assets is connected with ROA %.

Pinnacle Silver and Gold's annualized ROA % for the quarter that ended in Jan. 2025 is

ROA %	=	Net Income (Q: Jan. 2025 )	/	( (Total Assets (Q: Oct. 2024 )	+	Total Assets (Q: Jan. 2025 ))	/ count )
	=	-1.244	/	( (0.887	+	0.95)	/ 2 )
	=	-1.244	/	0.9185
	=	-135.44 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Pinnacle Silver and Gold's Asset Turnover for the quarter that ended in Jan. 2025 is

	Asset Turnover
=	Revenue (Q: Jan. 2025 )	/	( (Total Assets (Q: Oct. 2024 )	+	Total Assets (Q: Jan. 2025 ))	/ count )
=	0	/	( (0.887	+	0.95)	/ 2 )
=	0	/	0.9185
=	0.00

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Pinnacle Silver and Gold Total Assets Related Terms

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Pinnacle Silver and Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pinnacle Silver and Gold Corp (OTCPK:NRGOF) » Definitions » Total Assets

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0V9B:UK P9J:Germany PINN:Canada

Address

750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7

Website

https://www.pinnaclesilverandgold.com

Pinnacle Silver and Gold Corp are focused on district-scale exploration for precious metals in the prolific Red Lake District of northwestern Ontario. The past-producing high-grade Argosy Gold Mine of the company is open to depth, while the adjacent North Birch Project offers additional blue-sky potential. The company is actively looking for other district-scale opportunities in the Americas, with a particular focus on silver and gold.

Pinnacle Silver and Gold Headlines

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