Trevali Mining Ret. on equity
What is the Ret. on equity of Trevali Mining?
The Ret. on equity of Trevali Mining Corporation is -6.46%
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 Trevali Mining
What does Trevali Mining do?
Trevali Mining Corporation, a base-metals mining company, engages in the acquisition, exploration, development of, and production from mineral properties. It primarily explores for zinc, lead, silver, copper, and gold deposits. The company's operational assets include the 90%-owned Perkoa Mine in Burkina Faso; 90%-owned Rosh Pinah Mine in Namibia; and Caribou Mine in northern New Brunswick, Canada. It also holds interests in the Halfmile, Stratmat, and Restigouche properties situated in New Brunswick, Canada; Gergarub project in Namibia; and Ruttan Mine located in northern Manitoba, Canada. In addition, the company has an option to acquire a 100% interest in the Heath Steele deposit located in New Brunswick, Canada. Trevali Mining Corporation was formerly known as Trevali Resources Corp. and changed its name to Trevali Mining Corporation in April 2011. The company was incorporated in 1964 and is headquartered in Vancouver, Canada.
Companies with ret. on equity similar to Trevali Mining
- TAL Education has Ret. on equity of -6.48%
- Nel Asa has Ret. on equity of -6.48%
- SJM has Ret. on equity of -6.47%
- Wunong Net Technology has Ret. on equity of -6.47%
- Zhaobangji Properties has Ret. on equity of -6.47%
- O2i SA has Ret. on equity of -6.46%
- Trevali Mining has Ret. on equity of -6.46%
- AXT Inc has Ret. on equity of -6.45%
- Shree Hari Chemicals Export has Ret. on equity of -6.45%
- IP Plc has Ret. on equity of -6.45%
- Okapi Resources has Ret. on equity of -6.44%
- Reliance Infrastructure has Ret. on equity of -6.44%
- Applied Development has Ret. on equity of -6.43%