Nevada Canyon Gold (NGLD) Return on Equity (2015 - 2020)

Nevada Canyon Gold (NGLD) posted Return on Equity of 0.01% for Q3 2020, down 106.58% quarter-over-quarter from 0.16% in Q2 2020, and down 1.0% on a YoY basis from 0.01% in Q4 2019.

Nevada Canyon Gold (NGLD) Return on Equity (2015 - 2020) Analysis & Trends

Nevada Canyon Gold (NGLD) has reported Return on Equity for 6 consecutive years, with 0.01% the latest figure, recorded in Q3 2020.

  • Quarterly Return on Equity fell 1.0% year-over-year to 0.01% in Q3 2020, while the trailing twelve-month figure through Sep 2020 was 0.01% (down 1.0% YoY) and the FY2019 annual result came in at 0.02%, up 2.0% from the prior year.
  • Return on Equity came in at 0.01% for Q3 2020 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.
  • A 5-year average of 0.03% and a median of 0.02% in 2019 frame the typical range for Return on Equity.
  • Year-over-year, Return on Equity retreated 11 bps in 2019 and advanced 15 bps in 2020.
  • Tracing NGLD's Return on Equity over 5 years: stood at 0.0% in 2016, then surged by 914 bps to 0.01% in 2017, then jumped by 1091 bps to 0.13% in 2018, then sank by 84 bps to 0.02% in 2019, then tumbled by 152 bps to 0.01% in 2020.
  • Per Business Quant data, the three most recent Return on Equity figures were 0.01% in Q3 2020, 0.16% in Q2 2020, and 0.07% in Q1 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROE (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 0.00%
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 0.00%
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 0.00%
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 0.00%
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 0.00%
10 Nevada Canyon Gold 12.55 Mn 12.55 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2020 -0.01%
Jun 30, 2020 0.16%
Mar 31, 2020 0.07%
Dec 31, 2019 0.02%
Sep 30, 2019 0.00%
Jun 30, 2019 0.01%
Mar 31, 2019 0.02%
Dec 31, 2018 0.13%
Sep 30, 2018 -0.08%
Jun 30, 2018 0.05%
Mar 31, 2018 0.03%
Dec 31, 2017 0.01%
Sep 30, 2017 0.02%
Jun 30, 2016 0.00%
Mar 31, 2016 0.00%
Dec 31, 2015 0.00%
Sep 30, 2015 0.01%