MCCHF
Price:
$0.8
Market Cap:
$7.66M
McChip Resources Inc. is a Canadian entity primarily engaged in the natural resource sector. The firm's portfolio includes investments in petroleum assets across Western Canada, alongside both direct and indirect stakes in various mineral ventures. Furthermore, it possesses an ownership interest in the Saskatchewan Potash project, located within the province of Saskatchewan. Originally established in 1935 as Madsen Red Lake Gold Mines Limited, the company rebranded to McChip Resources Inc. in May of 1981. Its corporate headquarters are situated in Toronto, Canada.
Industry
Gold
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 20.10%. This represents a change of 358.56% compared to the average of 4.38% of the last 4 quarters.
The mean historical ROE of McChip Resources Inc. over the last ten years is 15.03%. The current 20.10% ROE has changed 33.78% 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
15.03%
Median
12.00%
Minimum
-6.02%
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 = -6.02%
| Year | ROE | Change |
|---|---|---|
| 2025 | 25.41% | -7.80% |
| 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% |
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
19.94%
5-year avg
13.89%
10-year avg
15.03%
McChip Resources Inc.’s ROE is less than Metalore Resources Limited (16.24%), greater than PetroFrontier Corp. (-242.42%), greater than Bengal Energy Ltd. (-18.37%), greater than Altura Energy Corp. (-79.94%), greater than Harvest Oil & Gas Corp. (-15.35%), greater than CBM Asia Development Corp. (-901.69%), less than Royale Energy, Inc. (13.23%), less than TomCo Energy Plc (523.66%), greater than Altex Industries, Inc. (-9.12%), less than Gordon Creek Energy Inc. (33.97%),
| Company | ROE | Market cap |
|---|---|---|
| 16.24% | $2.96M | |
| -242.42% | $958.11K | |
| -18.37% | $8.44M | |
| -79.94% | $4.99M | |
| -15.35% | $3.12M | |
| -901.69% | $1.74K | |
| 13.23% | $7.73M | |
| 523.66% | $1.18M | |
| -9.12% | $2.58M | |
| 33.97% | $2.12K |
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