Millrock Resources Ret. on equity
What is the Ret. on equity of Millrock Resources?
The Ret. on equity of Millrock Resources Inc. is -20.07%
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 TSXV compared to Millrock Resources
What does Millrock Resources do?
Millrock Resources Inc. engages in the acquisition and exploration of mineral properties. It deposits for gold, copper, porphyry, silver, and other metals. The company holds an interest in the Liberty Bell property covering an area of approximately 6,151 hectares; 64North Gold project covering an area of approximately 1,860 hectares; Chisna DragonSlayer project; and Apex El Nido covering an area of approximately 315 hectares located in Alaska. It also holds an interest in the El Batamote project covering a surface area of 5,796 hectares situated in Mexico. Millrock Resources Inc. was founded in 1979 and is headquartered in Vancouver, Canada.
Companies with ret. on equity similar to Millrock Resources
- United States Antimony has Ret. on equity of -20.15%
- Viasat has Ret. on equity of -20.15%
- Acorn Income Fund has Ret. on equity of -20.13%
- Electrovaya has Ret. on equity of -20.13%
- Gbs Software Ag Konv has Ret. on equity of -20.11%
- Zegna has Ret. on equity of -20.08%
- Millrock Resources has Ret. on equity of -20.07%
- Sinofortune has Ret. on equity of -20.06%
- i-80 Gold has Ret. on equity of -20.01%
- Tamaska Oil and Gas has Ret. on equity of -20.01%
- Terra Tech has Ret. on equity of -19.98%
- Healthcare Trust Inc has Ret. on equity of -19.98%
- Icade SA has Ret. on equity of -19.97%