Millrock Resources Ret. on assets
What is the Ret. on assets of Millrock Resources?
The Ret. on assets of Millrock Resources Inc. is -17.47%
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 TSXV compared to Millrock Resources
What does Millrock Resources do?
Millrock Resources Inc. engages in the acquisition and exploration of mineral properties. It deposits for gold, copper, porphyry, silver, and other metals. The company holds an interest in the Liberty Bell property covering an area of approximately 6,151 hectares; 64North Gold project covering an area of approximately 1,860 hectares; Chisna DragonSlayer project; and Apex El Nido covering an area of approximately 315 hectares located in Alaska. It also holds an interest in the El Batamote project covering a surface area of 5,796 hectares situated in Mexico. Millrock Resources Inc. was founded in 1979 and is headquartered in Vancouver, Canada.
Companies with ret. on assets similar to Millrock Resources
- Amethystum Storage Technology Co., Ltd has Ret. on assets of -17.54%
- Montage Gold has Ret. on assets of -17.53%
- Sling has Ret. on assets of -17.53%
- Southern Gold has Ret. on assets of -17.51%
- Best Food has Ret. on assets of -17.49%
- Sayward Capital Corp has Ret. on assets of -17.48%
- Millrock Resources has Ret. on assets of -17.47%
- Sentry Select Primary Metals has Ret. on assets of -17.47%
- Noble Engineering has Ret. on assets of -17.45%
- ESG Capital 1 has Ret. on assets of -17.45%
- Odin Metals has Ret. on assets of -17.44%
- Roblox has Ret. on assets of -17.44%
- Tobii AB (publ) has Ret. on assets of -17.43%