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

Nevada Canyon Gold has disclosed Return on Equity across 6 years of filings, most recently posting 0.01% for 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 slipped to 0.01% in Q3 2020, from 0.16% in the prior quarter.
• Over five years, Return on Equity peaked at 0.16% in Q2 2020 and troughed 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.
• Annual changes were most pronounced in 2019 — Return on Equity fell 11 bps — and 2020, when it gained 15 bps.
• Tracing NGLD's Return on Equity over 5 years: stood at 0.0% in 2016, then soared by 914 bps to 0.01% in 2017, then surged by 1091 bps to 0.13% in 2018, then tumbled by 84 bps to 0.02% in 2019, then sank by 152 bps to 0.01% in 2020.
• Business Quant data shows NGLD's Return on Equity at 0.01% in Q3 2020, 0.16% in Q2 2020, and 0.07% in Q1 2020.