Route 109 Resources Inc.

Route 109 Resources Inc.verified

MRIRF

Price:

$0.0708

Market Cap:

$1.64M

Route 109 Resources Inc. (formerly known as BMEX Gold Inc.) is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions of Quebec, Canada.

Industry

Gold

IPO Date

2020-07-30

Stock Exchange

OTC

Ticker

MRIRF

The ROE as of December 2025 (TTM) for Route 109 Resources Inc. (MRIRF) is -2.02%

According to Route 109 Resources Inc.’s latest financial reports and current stock price. The company's current ROE is -2.02%. This represents a change of 283.34% compared to the average of -0.53% of the last 4 quarters.

Route 109 Resources Inc. (MRIRF) Historical ROE (quarterly & annually)

How has MRIRF ROE performed in the past?

The mean historical ROE of Route 109 Resources Inc. over the last ten years is -54.97%. The current -2.02% ROE has changed -96.33% with respect to the historical average. Over the past ten years (40 quarters), MRIRF's ROE was at its highest in in the November 2022 quarter at 1.25%. The ROE was at its lowest in in the May 2021 quarter at -5.80%.

Quarterly (TTM)
Annual

Average

-54.97%

Median

-49.72%

Minimum

-141.47%

Maximum

-0.80%

Route 109 Resources Inc. (MRIRF) ROE by Quarter and Year

Discovering the peaks and valleys of Route 109 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 = 130.04%

Maximum Annual ROE = -0.80%

Minimum Annual Increase = -87.93%

Minimum Annual ROE = -141.47%

Quarterly (TTM)
Annual
YearROEChange
2024-1.85%130.04%
2023-0.80%-73.48%
2022-3.02%-82.28%
2021-17.07%-87.93%
2020-141.47%71.74%
2019-82.38%-10.05%
2018-91.58%-9.81%

Route 109 Resources Inc. (MRIRF) Average ROE

How has MRIRF ROE performed in the past?

The current ROE of Route 109 Resources Inc. (MRIRF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-1.89%

5-year avg

-32.84%

10-year avg

-54.97%

Route 109 Resources Inc. (MRIRF) ROE vs. Peers

How is MRIRF’s ROE compared to its peers?

Route 109 Resources Inc.’s ROE is greater than Akwaaba Mining Ltd. (-4.10%), less than Big Tree Carbon Inc. (36.99%), less than WestKam Gold Corp. (31.63%), greater than GGX Gold Corp. (-58.92%), greater than Randgold & Exploration Company Limited (-20.48%), less than Tyranna Resources Limited (79.19%), greater than Falcon Metals Limited (-55.27%), greater than Montauk Metals Inc. (-32.56%), less than Joshua Gold Resources Inc. (15.95%), less than Sage Gold Inc. (166.78%),

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