GQMLF
Price:
$0.48
Market Cap:
$4.67M
Ongwe Minerals, Inc. is engaged in the exploration and development of gold and lithium projects in Namibia. It is also seeks development of assets in Egypt. The firm has the following projects: Khorixas Gold, Omatjete Gold, Outjo Gold, and the Central Easter Desert. The company was founded by Carl Joone in 2021 and is headquartered in Vancouver, CA.
Industry
Gold
IPO Date
2018-08-24
Stock Exchange
OTC
Ticker
GQMLF
According to Ongwe Minerals Inc.’s latest financial reports and current stock price. The company's current ROE is 413.51%. This represents a change of 226.26% compared to the average of 126.74% of the last 4 quarters.
The mean historical ROE of Ongwe Minerals Inc. over the last ten years is 174.40%. The current 413.51% ROE has changed 137.11% with respect to the historical average. Over the past ten years (40 quarters), GQMLF's ROE was at its highest in in the December 2022 quarter at 1.02%. The ROE was at its lowest in in the September 2024 quarter at -39.62%.
Average
174.40%
Median
-21.36%
Minimum
-53.23%
Maximum
1.11%
Discovering the peaks and valleys of Ongwe Minerals 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 = 1.27%
Maximum Annual ROE = 1.11%
Minimum Annual Increase = -3636.63%
Minimum Annual ROE = -53.23%
| Year | ROE | Change |
|---|---|---|
| 2024 | 768.89% | 1.27% |
| 2023 | 56.13% | -94.94% |
| 2022 | 1.11% | -3636.63% |
| 2021 | -31.35% | -469.94% |
| 2020 | 8.47% | -142.46% |
| 2019 | -19.96% | -31.45% |
| 2018 | -29.11% | -30.25% |
| 2017 | -41.74% | -21.58% |
| 2016 | -53.23% | 133.74% |
| 2015 | -22.77% | -67.99% |
The current ROE of Ongwe Minerals Inc. (GQMLF) 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
644.55%
5-year avg
382.16%
10-year avg
174.40%
Ongwe Minerals Inc.’s ROE is greater than Labrador Iron Mines Holdings Limited (-4.53%), greater than Orex Minerals Inc. (-161.48%), greater than Prospect Ridge Resources Corp. (-34.89%), greater than Tuktu Resources Ltd. (-72.69%), greater than Phoenix Copper Limited (-16.80%), greater than Mineral Road Discovery Inc. (-178.07%), less than Highbank Resources Ltd. (14.72%), greater than Etruscus Resources Corp. (-8.50%), less than Lighthouse Gold Inc. (17.24%), greater than StrikePoint Gold Inc. (-138.63%),
| Company | ROE | Market cap |
|---|---|---|
| -4.53% | $3.25M | |
| -161.48% | $7.17M | |
| -34.89% | $3.97M | |
| -72.69% | $2.58M | |
| -16.80% | $4.46M | |
| -178.07% | $6.45M | |
| 14.72% | $254.10K | |
| -8.50% | $4.50M | |
| 17.24% | $21.83M | |
| -138.63% | $5.35M |
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