Portofino Resources (TSXV:POR) Total Equity : C$-0.81 Mil (As of Feb. 2024)

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What is Portofino Resources Total Equity?

Portofino Resources's total equity for the quarter that ended in Feb. 2024 was C$-0.81 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Portofino Resources Total Equity Historical Data

The historical data trend for Portofino Resources's Total Equity 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.

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Portofino Resources Total Equity Chart

Portofino Resources Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Total Equity

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0.29

0.25

0.48

0.13

-0.40

Portofino Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Equity	Get a 7-Day Free Trial															0.39	-0.40	-0.50	-0.61	-0.81

Portofino Resources Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Portofino Resources's Total Equity for the fiscal year that ended in May. 2023 is calculated as

Total Equity	=	Total Assets(Q: May. 2023 )	-	Total Liabilities(Q: May. 2023 )
	=	0.354	-	0.757
	=	-0.40

Portofino Resources's Total Equity for the quarter that ended in Feb. 2024 is calculated as

Total Equity	=	Total Assets(Q: Feb. 2024 )	-	Total Liabilities(Q: Feb. 2024 )
	=	0.164	-	0.973
	=	-0.81

Portofino Resources Total Equity Related Terms

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Portofino Resources (TSXV:POR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Portofino Resources Inc (TSXV:POR) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

PFFOF:USA POTA:Germany

Address

470 Granville Street, Suite 520, Vancouver, BC, CAN, V6C 1V5

Website

https://www.portofinoresources.com

Portofino Resources Inc is engaged in the acquisition, exploration, and development of mineral property assets in the Americas. Its South of Otter and Bruce Lake projects are in the historic gold mining district of Red Lake, Ontario. In addition, it holds 100% interest in three Northwestern Ontario gold projects; the Gold Creek property, Sapawe West property and Melema West property located near Atikokan. It also shows interest in the Yergo Lithium Brine Project.

Executives

David Geophry Tafel

Director, Senior Officer