PolyMet Mining Ret. on equity
What is the Ret. on equity of PolyMet Mining?
The Ret. on equity of PolyMet Mining Corp. is -7.10%
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 PolyMet Mining
What does PolyMet Mining do?
PolyMet Mining Corp., through its subsidiary, Poly Met Mining, Inc., explores for and develops natural resource properties. Its primary mineral property is the NorthMet project, a polymetallic project that hosts copper, nickel, cobalt, gold, silver, and platinum group metal mineralization covering an area of approximately 4,300 acres located in northeastern Minnesota, the United States. The company was formerly known as Fleck Resources Ltd. and changed its name to PolyMet Mining Corp. in June 1998. PolyMet Mining Corp. was incorporated in 1981 and is headquartered in Saint Paul, Minnesota.
Companies with ret. on equity similar to PolyMet Mining
- Aroundtown SA has Ret. on equity of -7.13%
- Bridgemarq Real Estate Services has Ret. on equity of -7.13%
- Bridgemarq Real Estate Services has Ret. on equity of -7.13%
- BKM Industries has Ret. on equity of -7.12%
- Tianli has Ret. on equity of -7.12%
- Western Asset Municipal High Income Fund Inc has Ret. on equity of -7.11%
- PolyMet Mining has Ret. on equity of -7.10%
- Sun Art Retail has Ret. on equity of -7.10%
- John Hancock Preferred Income Fund has Ret. on equity of -7.10%
- Ferrexpo Plc has Ret. on equity of -7.09%
- Bulletin Resources has Ret. on equity of -7.09%
- Sprott Focus Trust Inc has Ret. on equity of -7.09%
- Hubtown has Ret. on equity of -7.09%