Rio Silver Ret. on assets
What is the Ret. on assets of Rio Silver?
The Ret. on assets of Rio Silver Inc. is -713.92%
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 Rio Silver
What does Rio Silver do?
Rio Silver Inc. engages in the acquisition, evaluation, and development of mineral properties in the Americas, Canada, and Peru. It explores for precious and base metal deposits. The company owns 100% interest in its flagship property, Niñobamba silver and gold project covering an area of 4,490 hectares located in the Department of Ayacucho, Peru. It also holds 100% interest in the Gerow Lake property, a base metal project located in northwestern Ontario, Canada; and Palpa Dorado property located in Moro district of Santa province, Ancash, Peru. The company was formerly known as Escape Gold Inc. and changed its name to Rio Silver Inc. in October 2011. Rio Silver Inc. was incorporated in 2000 and is based in Vancouver, Canada.
Companies with ret. on assets similar to Rio Silver
- Quinto Resources has Ret. on assets of -740.51%
- AppsVillage Australia has Ret. on assets of -732.42%
- Lupaka Gold has Ret. on assets of -729.86%
- Symbol Mining has Ret. on assets of -727.35%
- Contagious Gaming has Ret. on assets of -725.46%
- Aphelion Capital has Ret. on assets of -722.56%
- Rio Silver has Ret. on assets of -713.92%
- Diamond Fields Resources has Ret. on assets of -711.21%
- Tiger International Resources has Ret. on assets of -698.54%
- Sigyn Therapeutics has Ret. on assets of -688.58%
- Chilean Metals has Ret. on assets of -677.61%
- Checkpoint Therapeutics Inc has Ret. on assets of -672.98%
- WebSafety has Ret. on assets of -666.87%