As of June 15, 2025, Nevada Canyon Gold Corp (NGLD) reports a ROE (Return on Equity) of -39.10%.
ROE (Return on Equity) measures how well a company generates profits from shareholders' investments, indicating equity efficiency.
Historical Trend of Nevada Canyon Gold Corp's ROE (Return on Equity)
Over recent years, Nevada Canyon Gold Corp's ROE (Return on Equity) has shown a stable trend. The table below summarizes the historical values:
| Date | ROE (Return on Equity) |
|---|---|
| 2024-12-31 | -39.10% |
| 2023-12-31 | -27.05% |
| 2022-12-31 | -274.41% |
| 2021-12-31 | -288.64% |
| 2020-12-31 | 107.50% |
This slight upward trend highlights how Nevada Canyon Gold Corp manages its efficiency in generating profits from shareholders' equity over time.
Comparing Nevada Canyon Gold Corp's ROE (Return on Equity) to Peers
To better understand Nevada Canyon 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) |
|---|---|
| Nevada Canyon Gold Corp (NGLD) | -39.10% |
| Hi Ho Silver Resources Inc (HHS.CN) | 115.38% |
| Metalo Manufacturing Inc (MMI.CN) | -2.20% |
| Golden Independence Mining Corp (IGLD.CN) | -9.19% |
| Samoth Oilfield Inc (SCD.V) | -14.80% |
| Core Assets Corp (CC.CN) | -15.31% |
Compared to its competitors, Nevada Canyon Gold Corp's ROE (Return on Equity) is about average compared to peers, reflecting standard industry returns on equity investment.