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| Date | Value |
|---|---|
| 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% |