First Au Ret. on equity
What is the Ret. on equity of First Au?
The Ret. on equity of First Au Limited is -67.95%
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 ASX compared to First Au
What does First Au do?
First Au Limited explores for gold and base metals in Western Australia's Goldfields and Pilbara. It holds 100% interests in the Gimlet gold project located to the north west of Kalgoorlie, Western Australia; the Victoria Gold project; and the Talga project comprising 7 exploration tenements located in the East Pilbara. The company was formerly known as Public Holdings (Australia) Limited and changed its name to First Au Limited in June 2018. The company was incorporated in 1960 and is based in Balwyn, Australia.
Companies with ret. on equity similar to First Au
- NioCorp Developments has Ret. on equity of -68.03%
- Nautilus Inc has Ret. on equity of -68.00%
- Rosehill Resources has Ret. on equity of -67.99%
- Rosehill Resources has Ret. on equity of -67.99%
- Roughrider Exploration has Ret. on equity of -67.97%
- Ground International Development has Ret. on equity of -67.96%
- First Au has Ret. on equity of -67.95%
- Safe-T Ltd has Ret. on equity of -67.95%
- BOCOM International has Ret. on equity of -67.94%
- ATAC Resources has Ret. on equity of -67.92%
- Lifeist Wellness has Ret. on equity of -67.91%
- Cannon Resources Ltd has Ret. on equity of -67.88%
- Stereotaxis has Ret. on equity of -67.86%