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