Athena Gold (AHNRF) Return on Capital Employed (2011 - 2025)
Athena Gold's (AHNRF) quarterly Return on Capital Employed came in at 16.59% in Q4 2025, down 655.0% YoY from 2.99% in Q4 2024, and down 6.55% on a QoQ basis from 15.57% in Q3 2025.
Athena Gold (AHNRF) Return on Capital Employed (2011 - 2025) Analysis & Trends
Athena Gold (AHNRF) has 15 years of Return on Capital Employed data on file, last reported at 16.59% in Q4 2025.
- Quarterly Return on Capital Employed fell 655.0% year-over-year to 16.59% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 16.59% (down 655.0% YoY) and the FY2025 annual result came in at 18.91%, down 892.0% from the prior year.
- Return on Capital Employed eased to 16.59% in Q4 2025, from 15.57% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 8.74% in Q3 2024 to a low of 2338.44% in Q1 2021.
- A 5-year average of 157.95% and a median of 16.54% in 2025 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2021 — Return on Capital Employed plunged 234215 bps — and 2022, when it soared 232403 bps.
- Tracing AHNRF's Return on Capital Employed over 5 years: stood at 23.11% in 2021, then grew by 7 bps to 21.41% in 2022, then jumped by 40 bps to 12.87% in 2023, then advanced by 22 bps to 10.04% in 2024, then sank by 65 bps to 16.59% in 2025.
- The last three Return on Capital Employed figures came in at 16.59% (Q4 2025), 15.57% (Q3 2025), and 16.49% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 13.96 Bn | 13.48 Bn | 332.52 Mn | 23.55% |
| 2 | Buenaventura Mining | 8.67 Bn | 7.66 Bn | - | - |
| 3 | Triple Flag Precious Metals | 6.87 Bn | 6.85 Bn | 88.25 Mn | 13.08% |
| 4 | Perpetua Resources | 3.14 Bn | 3.14 Bn | - | -34.54% |
| 5 | Elemental Royalty | 1.40 Bn | 1.34 Bn | 15.71 Mn | - |
| 6 | Solaris Resources | 1.36 Bn | 1.30 Bn | - | -69.95% |
| 7 | McEwen | 1.22 Bn | 1.13 Bn | 20.08 Mn | 6.82% |
| 8 | Versamet Royalties | 1.13 Bn | 1.13 Bn | 13.99 Mn | - |
| 9 | Metalla Royalty & Streaming | 1.05 Bn | 1.04 Bn | 4.75 Mn | 0.92% |
| 10 | Athena Gold | 8.09 Mn | 6.02 Mn | - | -15.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -16.59% |
| Sep 30, 2025 | -15.57% |
| Jun 30, 2025 | -16.49% |
| Mar 31, 2025 | -10.48% |
| Dec 31, 2024 | -10.04% |
| Sep 30, 2024 | -8.74% |
| Jun 30, 2024 | -9.37% |
| Mar 31, 2024 | -12.24% |
| Dec 31, 2023 | -12.87% |
| Sep 30, 2023 | -17.84% |
| Jun 30, 2023 | -20.17% |
| Mar 31, 2023 | -19.29% |
| Dec 31, 2022 | -21.41% |
| Sep 30, 2022 | -17.21% |
| Jun 30, 2022 | -15.05% |
| Mar 31, 2022 | -14.42% |
| Dec 31, 2021 | -23.11% |
| Sep 30, 2021 | -236.94% |
| Jun 30, 2021 | -322.65% |
| Mar 31, 2021 | -2,338.44% |