Rusoro Mining Ret. on assets
What is the Ret. on assets of Rusoro Mining?
The Ret. on assets of Rusoro Mining Ltd. is -17,869.47%
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.
Ret. on assets of companies in the Materials sector on TSXV compared to Rusoro Mining
What does Rusoro Mining do?
Rusoro Mining Ltd. engages in the acquisition, exploration, development, and operation of gold mineral properties in Venezuela. It primarily holds a 95% interests in the Choco 10 mine; and 50% interest in the Isidora mine located in the El Callao district in south-eastern Venezuela. The company was formerly known as Newton Ventures Inc. and changed its name to Rusoro Mining Ltd. in November 2006. Rusoro Mining Ltd. was incorporated in 2000 and is headquartered in Vancouver, Canada.
Companies with ret. on assets similar to Rusoro Mining
- American Environmental has Ret. on assets of -650,850.00%
- Fact has Ret. on assets of -281,534.38%
- Agro Capital Management has Ret. on assets of -93,936.74%
- Maptelligent has Ret. on assets of -23,911.53%
- BLGI has Ret. on assets of -23,050.77%
- Rusoro Mining has Ret. on assets of -17,869.47%
- Sparta Commercial Services has Ret. on assets of -15,661.11%
- Pierre has Ret. on assets of -13,753.39%
- Pierre has Ret. on assets of -13,753.39%
- Pierre has Ret. on assets of -13,753.39%
- Rebel Capital 2.0 has Ret. on assets of -7,789.54%
- Quest Water Global has Ret. on assets of -7,649.72%