GoldMining (GLDG) Return on Equity [ROE] (2020 - 2026)
GoldMining (GLDG) recorded Return on Equity [ROE] of -7.72% in fiscal Q3 2026 (quarter ended Aug 31, 2026), up 3.15 percentage points from -10.87% a year earlier but down 3.80 percentage points from the prior quarter.
GoldMining (GLDG) Return on Equity [ROE] (2020 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), GoldMining reported Return on Equity [ROE] of -8.90%, up 13.44 percentage points from FY2024.
- Annual Return on Equity [ROE] has a five-year change of +7.63 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Return on Equity [ROE] came in at -22.35% in FY2024 (+0.56 pp), -22.90% in FY2023 (-14.31 pp), -8.60% in FY2022 (-93.45 pp) and 84.85% in FY2021 (+101.38 pp).
- Quarterly Return on Equity [ROE] has ranged from -55.52% in fiscal Q3 2022 to 59.92% in fiscal Q4 2021 over the past five years.
- On a year-over-year basis, Return on Equity [ROE] has increased for four consecutive quarters, with an average year-over-year change of +3.32 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 72.25 percentage points in fiscal Q4 2021, against a drop of 120.79 percentage points in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -3.92% (Q2 2026), -4.22% (Q1 2026) and -4.69% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 163.97 Bn | 142.76 Bn | 2.90 Bn | 46.23% |
| 3 | Rio Tinto | 141.19 Bn | 101.70 Bn | - | - |
| 4 | Newmont | 124.53 Bn | 92.53 Bn | 4.03 Bn | 24.87% |
| 5 | Freeport-Mcmoran | 98.93 Bn | 82.97 Bn | 2.19 Bn | 14.40% |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 21.41% |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 29.62% |
| 8 | Nucor | 60.45 Bn | 49.83 Bn | 2.03 Bn | 14.21% |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - | 3.38% |
| 10 | GoldMining | 157.15 Mn | 6.98 Mn | - | -7.72% |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -7.72% |
| May 31, 2026 | -3.92% |
| Feb 28, 2026 | -4.22% |
| Nov 30, 2025 | -4.69% |
| Aug 31, 2025 | -10.87% |
| May 31, 2025 | -24.56% |
| Feb 28, 2025 | -28.85% |
| Nov 30, 2024 | -24.28% |
| Aug 31, 2024 | -5.61% |
| May 31, 2024 | -6.58% |
| Feb 29, 2024 | -11.03% |
| Nov 30, 2023 | -23.93% |
| Aug 31, 2023 | -2.01% |
| May 31, 2023 | 13.15% |
| Feb 28, 2023 | -10.58% |
| Nov 30, 2022 | -12.63% |
| Aug 31, 2022 | -55.52% |
| May 31, 2022 | -50.68% |
| Feb 28, 2022 | 49.61% |
| Nov 30, 2021 | 59.92% |
GoldMining Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=GLDG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "GLDG", "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-equity-%5Broe%5D&ticker=GLDG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();