Original Sixteen to One Mine Ret. on equity
What is the Ret. on equity of Original Sixteen to One Mine?
The Ret. on equity of Original Sixteen to One Mine, Inc. is -3.45%
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 Original Sixteen to One Mine
What does Original Sixteen to One Mine do?
Original Sixteen to One Mine, Inc. explores for, produces, and operates gold properties in California. It primarily operates Alleghany Mining District, a hard rock underground gold mine in California. The company holds 26 patented claims covering an area of 470 acres; 160 acres of mineral rights on patented claims; and approximately 320 acres of unpatented claims in the Alleghany properties. Original Sixteen to One Mine, Inc. was founded in 1896 and is based in Alleghany, California.
Companies with ret. on equity similar to Original Sixteen to One Mine
- China Apex has Ret. on equity of -3.47%
- Shun Tak has Ret. on equity of -3.46%
- Hongkong Land has Ret. on equity of -3.46%
- Tejas Networks has Ret. on equity of -3.46%
- New Pacific Metals has Ret. on equity of -3.46%
- Finlay Minerals has Ret. on equity of -3.45%
- Original Sixteen to One Mine has Ret. on equity of -3.45%
- Lotus Horizon Ltd has Ret. on equity of -3.45%
- Fiesta Restaurant Inc has Ret. on equity of -3.45%
- Olav Thon Eiendomsselskap ASA has Ret. on equity of -3.44%
- Sun Communities has Ret. on equity of -3.43%
- Inovalis Real Estate Investment Trust has Ret. on equity of -3.43%
- Cybele Industries Ltd has Ret. on equity of -3.43%