Rare Element Resources Ret. on assets

What is the Ret. on assets of Rare Element Resources?

The Ret. on assets of Rare Element Resources Ltd. is -71.28%

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.

What does Rare Element Resources do?

Rare Element Resources Ltd. explores for mineral properties in the United States. It holds a 100% interest in the Bear Lodge property that comprises the Bear Lodge REE project and the Sundance Gold project located in central Crook County, northeast Wyoming. The company is headquartered in Littleton, Colorado.

Companies with ret. on assets similar to Rare Element Resources

resTORbio has Ret. on assets of -71.63%
Proteomics International Laboratories Ltd has Ret. on assets of -71.56%
Avira Resources has Ret. on assets of -71.47%
Sonasoft has Ret. on assets of -71.40%
Freeline Therapeutics plc has Ret. on assets of -71.36%
Graybug Vision has Ret. on assets of -71.34%
Rare Element Resources has Ret. on assets of -71.28%
Citrine Global, Corp has Ret. on assets of -71.18%
Kaizen Discovery has Ret. on assets of -71.18%
Healthlynked has Ret. on assets of -71.18%
Exicure Inc has Ret. on assets of -71.17%
Hudson Capital has Ret. on assets of -71.04%
CorMedix Inc has Ret. on assets of -71.00%