Cover Technologies Inc.

Cover Technologies Inc.verified

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

The ROE as of November 2025 (TTM) for Cover Technologies Inc. (COVE.CN) is -3574.11%

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.

Cover Technologies Inc. (COVE.CN) Historical ROE (quarterly & annually)

How has COVE.CN ROE performed in the past?

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%.

Quarterly (TTM)
Annual

Average

-174.15%

Median

73.10%

Minimum

-2435.38%

Maximum

1.04%

Cover Technologies Inc. (COVE.CN) ROE by Quarter and Year

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%

Quarterly (TTM)
Annual
YearROEChange
2022283.46%-132.20%
2021-880.18%-2355.49%
202039.02%-63.59%
2019107.17%-32.61%
2018159.04%-84.67%
20171.04%-142.60%
2016-2435.38%-2189.53%
2015116.55%-596.92%
2014-23.45%-83.85%
2013-145.25%1.50%

Cover Technologies Inc. (COVE.CN) Average ROE

How has COVE.CN ROE performed in the past?

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. (COVE.CN) ROE vs. Peers

How is COVE.CN’s ROE compared to its peers?

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%),

Build a custom stock screener for Cover Technologies Inc. (COVE.CN) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Cover Technologies Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Cover Technologies Inc. (COVE.CN) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Cover Technologies Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Cover Technologies Inc.'s ROE?

How is the ROE calculated for Cover Technologies Inc. (COVE.CN)?

What is the highest ROE for Cover Technologies Inc. (COVE.CN)?

What is the 3-year average ROE for Cover Technologies Inc. (COVE.CN)?

What is the 5-year average ROE for Cover Technologies Inc. (COVE.CN)?

How does the current ROE for Cover Technologies Inc. (COVE.CN) compare to its historical average?