Growth Metrics

Magellan Copper & Gold (MAGE) Return on Equity (2017 - 2021)

Magellan Copper & Gold (MAGE) has disclosed Return on Equity for 5 consecutive years, with 0.01% as the latest value for Q2 2021.

  • Quarterly Return on Equity fell 26.0% to 0.01% in Q2 2021 from the year-ago period, while the trailing twelve-month figure was 0.01% through Jun 2021, down 26.0% year-over-year, with the annual reading at 0.04% for FY2020, 21.0% down from the prior year.
  • Return on Equity for Q2 2021 was 0.01% at Magellan Copper & Gold, up from 0.0% in the prior quarter.
  • The five-year high for Return on Equity was 1.4% in Q2 2018, with the low at 0.0% in Q1 2021.
  • Average Return on Equity over 5 years is 0.56%, with a median of 0.33% recorded in 2020.
  • The sharpest move saw Return on Equity plummeted -111bps in 2019, then fell -3bps in 2020.
  • Over 5 years, Return on Equity stood at 1.1% in 2017, then dropped by -26bps to 0.81% in 2018, then crashed by -48bps to 0.43% in 2019, then tumbled by -63bps to 0.16% in 2020, then tumbled by -97bps to 0.01% in 2021.
  • According to Business Quant data, Return on Equity over the past three periods came in at 0.01%, 0.0%, and 0.16% for Q2 2021, Q1 2021, and Q4 2020 respectively.