Xanadu Mines Ret. on assets
What is the Ret. on assets of Xanadu Mines?
The Ret. on assets of Xanadu Mines Limited is -18.63%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Materials sector on TSX compared to Xanadu Mines
What does Xanadu Mines do?
Xanadu Mines Limited engages in the exploration and development of various mineral projects in Mongolia. The company primarily explores for copper and gold deposits. Its flagship project is the Kharmagtai copper-gold project located in Omnogovi province to the southeast of Ulaanbaatar. The company also holds interest in the Red Mountain copper-gold project located in the Dornogovi Province of southern Mongolia. Xanadu Mines Limited has a strategic partnership with Zijin Mining Group Co., Ltd to progress the Kharmagtai copper-gold project through its next phase of project evaluation and decision on future development. The company was incorporated in 2005 and is headquartered in Sydney, Australia.
Companies with ret. on assets similar to Xanadu Mines
- Nubian Resources has Ret. on assets of -18.65%
- China Properties Investment has Ret. on assets of -18.65%
- Wi2Wi has Ret. on assets of -18.65%
- Coziron Resources has Ret. on assets of -18.64%
- Elegance Optical International has Ret. on assets of -18.63%
- Integrated Media Technology has Ret. on assets of -18.63%
- Xanadu Mines has Ret. on assets of -18.63%
- iMetal Resources has Ret. on assets of -18.62%
- Sprout Social has Ret. on assets of -18.62%
- Canadian North Resources Inc has Ret. on assets of -18.62%
- BuzBuz Capital has Ret. on assets of -18.62%
- Valterra Resource has Ret. on assets of -18.61%
- Mantaro Precious Metals Corp has Ret. on assets of -18.60%