Cygnus Gold Ret. on equity
What is the Ret. on equity of Cygnus Gold?
The Ret. on equity of Cygnus Gold Limited is -57.84%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Materials sector on ASX compared to Cygnus Gold
What does Cygnus Gold do?
Cygnus Gold Limited engages in the discovery and exploration of gold and base metals deposits in the Southwest Yilgarn of Western Australia. It also explores for lead, zinc, copper, and nickel deposits. The company's flagship project is the Stanley project covering an area of approximately 160 square kilometers located approximately 60km northeast of the Wheatbelt town of Katanning, Western Australia. It also holds interests in projects located in the northeast of Perth; east-northeast of Merredin; and Central Yilgarn of Western Australia. The company was formerly known as Craton Gold Pty Ltd and changed its name to Cygnus Gold Limited in November 2016. Cygnus Gold Limited was incorporated in 2015 and is headquartered in West Perth, Australia.
Companies with ret. on equity similar to Cygnus Gold
- Minaurum Gold has Ret. on equity of -57.98%
- Lucid has Ret. on equity of -57.96%
- Stoke Therapeutics has Ret. on equity of -57.89%
- Americas Gold and Silver Corp has Ret. on equity of -57.88%
- Transcendence Technologies has Ret. on equity of -57.86%
- Hawaiian Electric Industries has Ret. on equity of -57.85%
- Cygnus Gold has Ret. on equity of -57.84%
- Emmerson Resources has Ret. on equity of -57.84%
- Amaero Intl Ltd has Ret. on equity of -57.83%
- Reunion Gold has Ret. on equity of -57.79%
- Huabang has Ret. on equity of -57.79%
- COMPASS Pathways plc has Ret. on equity of -57.74%
- Compass has Ret. on equity of -57.69%