MCCHF
Price:
$1
Market Cap:
$10.28M
McChip Resources Inc. operates in the natural resource industry in Canada. The company invests in petroleum interests in Western Canada, as well as direct and indirect interests in minerals. It also holds interest in the Saskatchewan Potash project located in the province of Saskatchewan. The company was formerly known as Madsen Red Lake Gold Mines Limited and changed its name to McChip Resources Inc. in May 1981. McChip Resources Inc. was incorporated in 1935 and is based in Toronto, Canada.
Industry
Oil & Gas Exploration & Production
IPO Date
2009-04-21
Stock Exchange
OTC
Ticker
MCCHF
According to McChip Resources Inc.’s latest financial reports and current stock price. The company's current ROE is 10.72%. This represents a change of 297.49% compared to the average of 2.70% of the last 4 quarters.
The mean historical ROE of McChip Resources Inc. over the last ten years is 11.59%. The current 10.72% ROE has changed -7.54% with respect to the historical average. Over the past ten years (40 quarters), MCCHF's ROE was at its highest in in the December 2017 quarter at 47.46%. The ROE was at its lowest in in the March 2020 quarter at -49.44%.
Average
11.59%
Median
8.26%
Minimum
-8.91%
Maximum
46.90%
Discovering the peaks and valleys of McChip Resources 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 = 383.81%
Maximum Annual ROE = 46.90%
Minimum Annual Increase = -246.33%
Minimum Annual ROE = -8.91%
| Year | ROE | Change |
|---|---|---|
| 2024 | 27.56% | 303.63% |
| 2023 | 6.83% | -246.33% |
| 2022 | -4.67% | -132.62% |
| 2021 | 14.31% | -41.24% |
| 2020 | 24.35% | 313.83% |
| 2019 | 5.88% | -197.81% |
| 2018 | -6.02% | -112.83% |
| 2017 | 46.90% | 383.81% |
| 2016 | 9.69% | -208.86% |
| 2015 | -8.91% | -35.25% |
The current ROE of McChip Resources Inc. (MCCHF) 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
9.91%
5-year avg
13.68%
10-year avg
11.59%
McChip Resources Inc.’s ROE is less than Metalore Resources Limited (16.80%), less than PetroFrontier Corp. (56.76%), greater than Bengal Energy Ltd. (-16.40%), greater than Altura Energy Corp. (-175.23%), greater than Harvest Oil & Gas Corp. (-15.35%), greater than CBM Asia Development Corp. (-901.69%), less than Royale Energy, Inc. (13.23%), greater than TomCo Energy Plc (-2942.13%), greater than Altex Industries, Inc. (-12.64%), less than Gordon Creek Energy Inc. (33.97%),
| Company | ROE | Market cap |
|---|---|---|
| 16.80% | $3.02M | |
| 56.76% | $548.82K | |
| -16.40% | $5.06M | |
| -175.23% | $3.75M | |
| -15.35% | $3.02M | |
| -901.69% | $1.74K | |
| 13.23% | $3.77M | |
| -2942.13% | $2.73M | |
| -12.64% | $3.81M | |
| 33.97% | $2.12K |
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 McChip Resources 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:
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.
The easiest way to analyze a company like McChip Resources 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.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is McChip Resources Inc.'s ROE?
How is the ROE calculated for McChip Resources Inc. (MCCHF)?
What is the highest ROE for McChip Resources Inc. (MCCHF)?
What is the 3-year average ROE for McChip Resources Inc. (MCCHF)?
What is the 5-year average ROE for McChip Resources Inc. (MCCHF)?
How does the current ROE for McChip Resources Inc. (MCCHF) compare to its historical average?