As of June 21, 2025, Golden Independence Mining Corp (IGLD.CN) reports a ROA (Return on Assets) of -8.94%.
ROA (Return on Assets) evaluates how effectively a company turns its assets into profits, showcasing resource utilization.
Historical Trend of Golden Independence Mining Corp's ROA (Return on Assets)
Over recent years, Golden Independence Mining Corp's ROA (Return on Assets) has shown a stable trend. The table below summarizes the historical values:
| Date | ROA (Return on Assets) |
|---|---|
| 2022-11-30 | -8.94% |
| 2021-11-30 | -23.18% |
| 2020-11-30 | -39.98% |
| 2019-11-30 | -23.76% |
| 2018-11-30 | -79.77% |
This slight upward trend highlights how Golden Independence Mining Corp manages its efficiency in using assets to generate earnings over time.
Comparing Golden Independence Mining Corp's ROA (Return on Assets) to Peers
To better understand Golden Independence Mining Corp's position, it's useful to compare its ROA (Return on Assets) against industry peers. Below are selected comparisons:
| Company | ROA (Return on Assets) |
|---|---|
| Golden Independence Mining Corp (IGLD.CN) | -8.94% |
| Samoth Oilfield Inc (SCD.V) | -12.73% |
| Core Assets Corp (CC.CN) | -14.04% |
| Abasca Resources Inc (AMV.V) | -16.73% |
| Minfocus Exploration Corp (MFX.V) | -18.00% |
| Myriad Metals Corp (MMC.CN) | -24.29% |
Compared to its competitors, Golden Independence Mining Corp's ROA (Return on Assets) is higher than all peers, demonstrating superior efficiency in generating earnings from assets.