GoldMining (GLDG) Return on Equity (2020 - 2023)

GoldMining (GLDG) reported Return on Equity of 0.0% for Q4 2023, little changed on a YoY basis from 0.0% in Q4 2022, and down 12.64% quarter-over-quarter from 0.0% in Q3 2023.

GoldMining (GLDG) Return on Equity (2020 - 2023) Analysis & Trends

GoldMining has reported Return on Equity for 4 years, with the latest figure at 0.0% in Q4 2023.

  • For the quarter ending Q4 2023, Return on Equity changed 0.0% year-over-year to 0.0%; the trailing twelve-month figure through Nov 2023 stood at 0.0% (changed 0.0% YoY), and the FY2025 full-year result was 0.0%, changed 0.0% from the prior year.
  • Return on Equity for Q4 2023 stood at 0.0%, down from 0.0% in the prior quarter.
  • The five-year high for Return on Equity was 0.34% in Q2 2021, with the low at 0.09% in Q2 2023.
  • Historically, Return on Equity has averaged 0.02% across 4 years, with a median of 0.0% in 2020.
  • Annual changes were most pronounced in 2021 — Return on Equity soared 34 bps — and 2022, when it tumbled 37 bps.
  • GoldMining's Return on Equity stood at 0.0% in 2020, then soared by 746 bps to 0.01% in 2021, then tumbled by 133 bps to 0.0% in 2022, then surged by 95 bps to 0.0% in 2023.
  • The last three Return on Equity figures came in at 0.0% (Q4 2023), 0.0% (Q3 2023), and 0.09% (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROE (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - 0.00%
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 0.00%
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 0.00%
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn -
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 0.01%
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 0.00%
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn -
10 GoldMining 133.81 Mn 133.81 Mn - -

Historic Data

Download Data
DateValue
Nov 30, 2023 0.00%
Aug 31, 2023 0.00%
May 31, 2023 -0.09%
Feb 28, 2023 0.00%
Nov 30, 2022 0.00%
Aug 31, 2022 -0.01%
May 31, 2022 -0.03%
Feb 28, 2022 0.01%
Nov 30, 2021 0.01%
Aug 31, 2021 0.01%
May 31, 2021 0.34%
Feb 28, 2021 0.00%
Nov 30, 2020 0.00%
Aug 31, 2020 0.00%
May 31, 2020 0.00%