Nevada Canyon Gold (NGLD) Return on Equity (2016 - 2020)
Nevada Canyon Gold (NGLD) has disclosed Return on Equity for 6 consecutive years, with 0.01% as the latest value for Q3 2020.
- Quarterly Return on Equity fell 1.0% to 0.01% in Q3 2020 from the year-ago period, while the trailing twelve-month figure was 0.01% through Sep 2020, down 1.0% year-over-year, with the annual reading at 0.02% for FY2019, 2.0% up from the prior year.
- Return on Equity for Q3 2020 was 0.01% at Nevada Canyon Gold, down from 0.16% in the prior quarter.
- The five-year high for Return on Equity was 0.16% in Q2 2020, with the low at 0.08% in Q3 2018.
- Average Return on Equity over 5 years is 0.03%, with a median of 0.02% recorded in 2019.
- The sharpest move saw Return on Equity fell -11bps in 2019, then grew 15bps in 2020.
- Nevada Canyon Gold's Return on Equity stood at 0.0% in 2016, then skyrocketed by 914bps to 0.01% in 2017, then soared by 1091bps to 0.13% in 2018, then tumbled by -84bps to 0.02% in 2019, then plummeted by -152bps to 0.01% in 2020.
- Per Business Quant, the three most recent readings for NGLD's Return on Equity are 0.01% (Q3 2020), 0.16% (Q2 2020), and 0.07% (Q1 2020).