Rubicon Minerals Ret. on equity
What is the Ret. on equity of Rubicon Minerals?
The Ret. on equity of Rubicon Minerals Corporation is -72.55%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Materials sector on TSX compared to Rubicon Minerals
What does Rubicon Minerals do?
Battle North Gold Corporation engages in the exploration of gold properties in Canada and the United States. The company holds a 100% interest in Phoenix Gold project located in the Red Lake gold district in northwestern Ontario, Canada. It also holds interests in approximately 285 square kilometers of exploration ground in the Red Lake gold district; and approximately 900 square kilometers of mineral property interests in the Long Canyon gold district in the Nevada-Utah border. The company was formerly known as Rubicon Minerals Corporation and changed its name to Battle North Gold Corporation in July 2020. Battle North Gold Corporation was founded in 1996 and is headquartered in Toronto, Canada.
Companies with ret. on equity similar to Rubicon Minerals
- Manchester United Plc has Ret. on equity of -72.71%
- Myanmar Investments International has Ret. on equity of -72.64%
- CanAlaska Uranium has Ret. on equity of -72.63%
- CanAlaska Uranium has Ret. on equity of -72.63%
- Bassari Resources has Ret. on equity of -72.60%
- 3D Systems has Ret. on equity of -72.56%
- Rubicon Minerals has Ret. on equity of -72.55%
- A-Labs Capital IV has Ret. on equity of -72.53%
- Juniper II has Ret. on equity of -72.43%
- Mukta Arts has Ret. on equity of -72.40%
- Calliditas Therapeutics AB (publ) has Ret. on equity of -72.35%
- Rose Hill Acquisition Corp has Ret. on equity of -72.32%
- Tidewater Midstream & Infrastructure has Ret. on equity of -72.31%