As of June 12, 2025, Golden Ridge Resources Ltd (GLDN.V) reports a ROE (Return on Equity) of -9.54%.
ROE (Return on Equity) measures how well a company generates profits from shareholders' investments, indicating equity efficiency.
Historical Trend of Golden Ridge Resources Ltd's ROE (Return on Equity)
Over recent years, Golden Ridge Resources Ltd's ROE (Return on Equity) has shown a stable trend. The table below summarizes the historical values:
| Date | ROE (Return on Equity) |
|---|---|
| 2024-06-30 | -9.54% |
| 2023-06-30 | -44.62% |
| 2022-06-30 | -20.31% |
| 2021-06-30 | -94.79% |
| 2020-06-30 | -6.07% |
This slight upward trend highlights how Golden Ridge Resources Ltd manages its efficiency in generating profits from shareholders' equity over time.
Comparing Golden Ridge Resources Ltd's ROE (Return on Equity) to Peers
To better understand Golden Ridge Resources Ltd's position, it's useful to compare its ROE (Return on Equity) against industry peers. Below are selected comparisons:
| Company | ROE (Return on Equity) |
|---|---|
| Golden Ridge Resources Ltd (GLDN.V) | -9.54% |
| Aston Bay Holdings Ltd (BAY.V) | 835.82% |
| Magna Terra Minerals Inc (MTT.V) | 183.79% |
| SolidusGold Inc (SDC.V) | 182.84% |
| Power Group Projects Corp (PGP.V) | 122.96% |
| Commander Resources Ltd (CMD.V) | 91.49% |
Compared to its competitors, Golden Ridge Resources Ltd's ROE (Return on Equity) is about average compared to peers, reflecting standard industry returns on equity investment.