As of June 20, 2025, Magellan Gold Corp (MAGE) reports a ROE (Return on Equity) of 40.91%.
ROE (Return on Equity) measures how well a company generates profits from shareholders' investments, indicating equity efficiency.
Historical Trend of Magellan Gold Corp's ROE (Return on Equity)
Over recent years, Magellan Gold Corp's ROE (Return on Equity) has shown significant volatility. The table below summarizes the historical values:
| Date | ROE (Return on Equity) |
|---|---|
| 2024-12-31 | 40.91% |
| 2023-12-31 | 86.90% |
| 2022-12-31 | 104.00% |
| 2021-12-31 | 762.96% |
| 2020-12-31 | 1030.56% |
This slight downward trend highlights how Magellan Gold Corp manages its efficiency in generating profits from shareholders' equity over time.
Comparing Magellan Gold Corp's ROE (Return on Equity) to Peers
To better understand Magellan Gold Corp's position, it's useful to compare its ROE (Return on Equity) against industry peers. Below are selected comparisons:
| Company | ROE (Return on Equity) |
|---|---|
| Magellan Gold Corp (MAGE) | 40.91% |
| Silver Sands Resources Corp (SAND.CN) | 1114.88% |
| Ajn Resources Inc (AJN.CN) | 409.60% |
| Norra Metals Corp (NORA.V) | 262.47% |
| Tombstone Exploration Corp (TMBXF) | 80.23% |
| Canadian GoldCamps Corp (CAMP.CN) | 77.00% |
Compared to its competitors, Magellan Gold Corp's ROE (Return on Equity) is about average compared to peers, reflecting standard industry returns on equity investment.