COVE.CN
Price:
$0.185
Market Cap:
$7.58M
Cover Technologies Inc. engages in the research and development of magnesium processing technologies and solutions. The company develops ElectrumX, a blockchain-based platform for tracking and transacting commodity minerals with features, including a spot market and integrated third-party decentralized finance (DeFi) solutions. It also develops non-fungible tokens, as well as related assets and technologies in the area of DeFi. The company was formerly known as Mag One Products Inc. and changed its name to Cover Technologies Inc. in October 2020. Cover Technologies Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Industry
Industrial Materials
IPO Date
2012-01-17
Stock Exchange
CNQ
Ticker
COVE.CN
According to Cover Technologies Inc.’s latest financial reports and current stock price. The company's current ROE is -3574.11%. This represents a change of -8046.39% compared to the average of 44.98% of the last 4 quarters.
The mean historical ROE of Cover Technologies Inc. over the last ten years is -174.15%. The current -3574.11% ROE has changed 1.95% with respect to the historical average. Over the past ten years (40 quarters), COVE.CN's ROE was at its highest in in the September 2017 quarter at 811.36%. The ROE was at its lowest in in the December 2015 quarter at -6211.98%.
Average
-174.15%
Median
73.10%
Minimum
-2435.38%
Maximum
1.04%
Discovering the peaks and valleys of Cover Technologies Inc. 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 = 1.50%
Maximum Annual ROE = 1.04%
Minimum Annual Increase = -2355.49%
Minimum Annual ROE = -2435.38%
| Year | ROE | Change |
|---|---|---|
| 2022 | 283.46% | -132.20% |
| 2021 | -880.18% | -2355.49% |
| 2020 | 39.02% | -63.59% |
| 2019 | 107.17% | -32.61% |
| 2018 | 159.04% | -84.67% |
| 2017 | 1.04% | -142.60% |
| 2016 | -2435.38% | -2189.53% |
| 2015 | 116.55% | -596.92% |
| 2014 | -23.45% | -83.85% |
| 2013 | -145.25% | 1.50% |
The current ROE of Cover Technologies Inc. (COVE.CN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-185.90%
5-year avg
-58.30%
10-year avg
-174.15%
Cover Technologies Inc.’s ROE is greater than MGX Minerals Inc. (-593.64%), greater than Flying Nickel Mining Corp. (-111.89%), less than Euromax Resources Ltd. (144.40%), greater than Metallica Metals Corp. (-147.54%), less than Granite Creek Copper Ltd. (-18.85%), less than Seahawk Gold Corp. (-9.46%), less than Stratabound Minerals Corp. (-14.52%), less than Major Precious Metals Corp. (0.05%), less than Interra Copper Corp. (-8.42%), less than Vital Battery Metals Inc. (-33.89%),
| Company | ROE | Market cap |
|---|---|---|
| -593.64% | $7.83M | |
| -111.89% | $8.80M | |
| 144.40% | $7.30M | |
| -147.54% | $6.30M | |
| -18.85% | $7.96M | |
| -9.46% | $8.05M | |
| -14.52% | $8.28M | |
| 0.05% | $7.90M | |
| -8.42% | $5.79M | |
| -33.89% | $8.32M |
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