AKO.AX
Price:
$0.081
Market Cap:
$14.05M
AKORA Resources Limited engages in the exploration and development of iron ore projects in Madagascar. The company's flagship project is the Bekisopa property that consists of three granted research permits and one granted small scale mining permit covering 93.5 square kilometers located in south central Madagascar. It also holds interests in Tratramarina and Ambodilafa projects. The company was formerly known as Indian Pacific Resources Limited. AKORA Resources Limited was incorporated in 2009 and is based in Carlton North, Australia.
Industry
Industrial Materials
IPO Date
2020-12-14
Stock Exchange
ASX
Ticker
AKO.AX
According to AKORA Resources Limited’s latest financial reports and current stock price. The company's current ROE is -14.48%. This represents a change of 103.80% compared to the average of -7.10% of the last 4 quarters.
The mean historical ROE of AKORA Resources Limited over the last ten years is -19.68%. The current -14.48% ROE has changed -26.41% with respect to the historical average. Over the past ten years (40 quarters), AKO.AX's ROE was at its highest in in the June 2017 quarter at 0%. The ROE was at its lowest in in the December 2019 quarter at -23.87%.
Average
-19.68%
Median
-16.59%
Minimum
-39.63%
Maximum
-14.07%
Discovering the peaks and valleys of AKORA Resources Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 34.36%
Maximum Annual ROE = -14.07%
Minimum Annual Increase = -57.29%
Minimum Annual ROE = -39.63%
| Year | ROE | Change |
|---|---|---|
| 2024 | -16.25% | 13.01% |
| 2023 | -14.38% | -9.56% |
| 2022 | -15.90% | 13.02% |
| 2021 | -14.07% | -19.73% |
| 2020 | -17.52% | -22.96% |
| 2019 | -22.74% | 34.36% |
| 2018 | -16.93% | -57.29% |
The current ROE of AKORA Resources Limited (AKO.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-15.51%
5-year avg
-15.62%
10-year avg
-19.68%
AKORA Resources Limited’s ROE is greater than Evion Group NL (-47.09%), greater than Dalaroo Metals Ltd (-168.63%), greater than Enegex Limited (-80.90%), greater than Auris Minerals Limited (-30.74%), greater than BMG Resources Limited (-7.24%), greater than Richmond Vanadium Technology Limited (-4.50%), greater than Bayan Mining and Minerals Limited (-291.21%), less than Morella Corporation Limited (40.42%), greater than Constellation Resources Limited (-300.13%), greater than MinRex Resources Limited (-18.06%),
| Company | ROE | Market cap |
|---|---|---|
| -47.09% | $16.69M | |
| -168.63% | $15.94M | |
| -80.90% | $18.78M | |
| -30.74% | $11.51M | |
| -7.24% | $16.62M | |
| -4.50% | $16.21M | |
| -291.21% | $9.68M | |
| 40.42% | $12.53M | |
| -300.13% | $14.07M | |
| -18.06% | $13.02M |
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