Katanga Mining Ret. on equity
What is the Ret. on equity of Katanga Mining?
The Ret. on equity of Katanga Mining Ltd. is -77.01%
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 OTC compared to Katanga Mining
What does Katanga Mining do?
Katanga Mining Limited, through its subsidiaries, engages in the copper and cobalt mining, and related activities in the Democratic Republic of Congo. It is involved in the exploration, mining, refurbishment, rehabilitation, development, and operation of the Kamoto/Mashamba East mining complex; the Kamoto Oliveira Virgule copper and cobalt mine; T17 open pit and underground mines; various oxide open pit resources; the Kamoto concentrator; and the Luilu metallurgical plant. The company was incorporated in 1996 and is headquartered in Whitehorse, Canada. Katanga Mining Limited is a subsidiary of Glencore International AG.
Companies with ret. on equity similar to Katanga Mining
- GBS has Ret. on equity of -77.34%
- 8690 has Ret. on equity of -77.29%
- Goldcore Resources has Ret. on equity of -77.26%
- Kodiak Sciences Inc has Ret. on equity of -77.23%
- Concepta PLC has Ret. on equity of -77.10%
- NexJ Systems has Ret. on equity of -77.02%
- Katanga Mining has Ret. on equity of -77.01%
- Newgioco has Ret. on equity of -76.98%
- Cullen Resources has Ret. on equity of -76.97%
- Harris Technology has Ret. on equity of -76.88%
- Live Nation Entertainment has Ret. on equity of -76.73%
- Gammon Infrastructure Projects has Ret. on equity of -76.58%
- Petros Pharmaceuticals has Ret. on equity of -76.57%