Rubicon Minerals Ret. on assets
What is the Ret. on assets of Rubicon Minerals?
The Ret. on assets of Rubicon Minerals Corporation is -24.84%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Materials sector on TSX compared to Rubicon Minerals
What does Rubicon Minerals do?
Battle North Gold Corporation engages in the exploration of gold properties in Canada and the United States. The company holds a 100% interest in Phoenix Gold project located in the Red Lake gold district in northwestern Ontario, Canada. It also holds interests in approximately 285 square kilometers of exploration ground in the Red Lake gold district; and approximately 900 square kilometers of mineral property interests in the Long Canyon gold district in the Nevada-Utah border. The company was formerly known as Rubicon Minerals Corporation and changed its name to Battle North Gold Corporation in July 2020. Battle North Gold Corporation was founded in 1996 and is headquartered in Toronto, Canada.
Companies with ret. on assets similar to Rubicon Minerals
- Lumos Diagnostics has Ret. on assets of -24.91%
- Kiadis Pharma N.V has Ret. on assets of -24.88%
- Kiadis Pharma NV has Ret. on assets of -24.88%
- Benz Capital has Ret. on assets of -24.88%
- Exasol AG has Ret. on assets of -24.86%
- La Perla Fashion N.V has Ret. on assets of -24.85%
- Rubicon Minerals has Ret. on assets of -24.84%
- Discovery Metals has Ret. on assets of -24.84%
- Alpha MOS SA has Ret. on assets of -24.83%
- Radius Gold has Ret. on assets of -24.83%
- Legend Strategy International has Ret. on assets of -24.83%
- Westar Resources has Ret. on assets of -24.82%
- Newgioco has Ret. on assets of -24.82%