ELKMF
Price:
$2.55
Market Cap:
$3.77B
Gold Road Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Western Australia. The company primarily explores for gold deposits. It owns 50% interest in the Gruyere gold mine, which was developed in joint venture (JV) with Gold Fields Ltd. The Gruyere JV has mineral resources of 7.38 million ounces, including an ore reserve of 4.45 million ounces. The company also controls 100% of tenements covering 4,000 square kilometers across Yamarna with a mineral resource of 0.51 million ounces. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010. Gold Road Resou...[Read more]
Industry
Gold
IPO Date
2011-04-14
Stock Exchange
OTC
Ticker
ELKMF
According to Gold Road Resources Limited’s latest financial reports and current stock price. The company's current ROE is 15.40%. This represents a change of 133.73% compared to the average of 6.59% of the last 4 quarters.
The mean historical ROE of Gold Road Resources Limited over the last ten years is 10.32%. The current 15.40% ROE has changed 49.22% with respect to the historical average. Over the past ten years (40 quarters), ELKMF's ROE was at its highest in in the December 2016 quarter at 59.52%. The ROE was at its lowest in in the June 2008 quarter at -28.37%.
Average
10.32%
Median
8.00%
Minimum
-7.04%
Maximum
59.14%
Discovering the peaks and valleys of Gold Road 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 = 797.24%
Maximum Annual ROE = 59.14%
Minimum Annual Increase = -1491.23%
Minimum Annual ROE = -7.04%
| Year | ROE | Change |
|---|---|---|
| 2024 | 11.62% | -5.37% |
| 2023 | 12.28% | 60.34% |
| 2022 | 7.66% | -8.10% |
| 2021 | 8.33% | -56.75% |
| 2020 | 19.27% | -1491.23% |
| 2019 | -1.38% | -80.32% |
| 2018 | -7.04% | 797.24% |
| 2017 | -0.78% | -101.33% |
| 2017 | 59.14% | -1107.83% |
| 2016 | -5.87% | 39.35% |
The current ROE of Gold Road Resources Limited (ELKMF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
10.52%
5-year avg
11.83%
10-year avg
10.32%
Gold Road Resources Limited’s ROE is less than Regis Resources Limited (16.62%), less than DRDGOLD Limited (27.08%), less than K92 Mining Inc. (41.55%), less than Hochschild Mining plc (23.51%), less than Pan African Resources PLC (23.90%), less than Wesdome Gold Mines Ltd. (39.21%), less than Vault Minerals Limited (12.21%), less than Clariant AG (5.32%), less than HEXPOL AB (publ) (13.29%), less than Taiheiyo Cement Corporation (8.13%),
| Company | ROE | Market cap |
|---|---|---|
| 16.62% | $3.51B | |
| 27.08% | $2.37B | |
| 41.55% | $3.59B | |
| 23.51% | $2.88B | |
| 23.90% | $2.47B | |
| 39.21% | $2.39B | |
| 12.21% | $3.45B | |
| 5.32% | $3.01B | |
| 13.29% | $3.00B | |
| 8.13% | $2.51B |
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What is the 5-year average ROE for Gold Road Resources Limited (ELKMF)?
How does the current ROE for Gold Road Resources Limited (ELKMF) compare to its historical average?