Athena Gold (AHNRF) Return on Capital Employed [ROCE] (2011 - 2025)
Athena Gold (AHNRF) reported Return on Capital Employed [ROCE] of -15.70% for Q4 2025, down 6.69 percentage points from -9.00% a year earlier and down 1.51 percentage points from the prior quarter.
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Analysis
Athena Gold (AHNRF) Return on Capital Employed [ROCE] (2011 - 2025) Analysis & Trends
For FY2025, Athena Gold posted Return on Capital Employed [ROCE] of -18.91%, down 8.92 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a four-year change of +5.44 percentage points (FY2021 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at -9.98% in FY2024 (+2.93 pp), -12.91% in FY2023 (+9.11 pp), -22.02% in FY2022 (+2.33 pp) and -24.34% in FY2021.
- The Q4 2025 figure ranks as the lowest quarterly Return on Capital Employed [ROCE] since Q3 2023.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last three quarters, with an average year-over-year change of +1.15 percentage points over the last six quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q1 2022 (a gain of 2324.03 percentage points); the low point was Q4 2025 (a drop of 6.69 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 166.32 Bn | 145.19 Bn | 2.90 Bn | 42.99% |
| 3 | Newmont | 120.84 Bn | 89.01 Bn | 4.03 Bn | 9.92% |
| 4 | Ternium | 110.94 Bn | 75.99 Bn | 941.02 Mn | 7.19% |
| 5 | Freeport-Mcmoran | 99.52 Bn | 95.67 Bn | 2.19 Bn | 13.20% |
| 6 | Agnico Eagle Mines | 90.25 Bn | 90.25 Bn | 2.43 Bn | 42.05% |
| 7 | Barrick Mining | 67.10 Bn | 51.84 Bn | 2.90 Bn | 23.46% |
| 8 | Nucor | 53.52 Bn | 44.06 Bn | 2.03 Bn | 13.42% |
| 9 | ArcelorMittal | 49.13 Bn | 30.16 Bn | - | 3.51% |
| 10 | Athena Gold | 5.15 Mn | -3.50 Mn | - | -15.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -15.70% |
| Sep 30, 2025 | -14.19% |
| Jun 30, 2025 | -14.08% |
| Dec 31, 2024 | -9.00% |
| Sep 30, 2024 | -9.45% |
| Jun 30, 2024 | -11.60% |
| 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% |
| Mar 31, 2016 | -2,551.44% |
| Dec 31, 2015 | -139.92% |
API Access
Athena Gold Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=AHNRF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "AHNRF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=AHNRF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();