Ridgestone Mining Inc.

Ridgestone Mining Inc.verified

RIGMF

Price:

$0.1072

Market Cap:

$2.27M

Ridgestone Mining Inc. acquires, explores for, and develops mineral properties in Mexico. It explores for gold, silver, copper, and other base metals. The company holds a 100% interest in the Rebeico Gold-Copper project that consists of 16 concessions covering an area of approximately 3,459 hectares located in Sonora, Mexico. It also has an option to acquire a 100% interest in the Guadalupe y Calvo project located in Chihuahua State, Mexico. The company was incorporated in 2017 and is based in North Vancouver, Canada.

Industry

Industrial Materials

IPO Date

2018-10-19

Stock Exchange

OTC

Ticker

RIGMF

The ROE as of December 2025 (TTM) for Ridgestone Mining Inc. (RIGMF) is -36.14%

According to Ridgestone Mining Inc.’s latest financial reports and current stock price. The company's current ROE is -36.14%. This represents a change of 288.21% compared to the average of -9.31% of the last 4 quarters.

Ridgestone Mining Inc. (RIGMF) Historical ROE (quarterly & annually)

How has RIGMF ROE performed in the past?

The mean historical ROE of Ridgestone Mining Inc. over the last ten years is -93.33%. The current -36.14% ROE has changed -61.28% with respect to the historical average. Over the past ten years (40 quarters), RIGMF's ROE was at its highest in in the June 2017 quarter at 0%. The ROE was at its lowest in in the December 2018 quarter at -100.47%.

Quarterly (TTM)
Annual

Average

-93.33%

Median

-74.15%

Minimum

-216.88%

Maximum

-16.45%

Ridgestone Mining Inc. (RIGMF) ROE by Quarter and Year

Discovering the peaks and valleys of Ridgestone Mining 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 = 1.22%

Maximum Annual ROE = -16.45%

Minimum Annual Increase = -80.00%

Minimum Annual ROE = -216.88%

Quarterly (TTM)
Annual
YearROEChange
2024-30.31%-80.00%
2023-151.55%497.62%
2022-25.36%-66.54%
2021-75.79%-51.97%
2020-157.80%117.62%
2019-72.51%-66.56%
2018-216.88%1.22%

Ridgestone Mining Inc. (RIGMF) Average ROE

How has RIGMF ROE performed in the past?

The current ROE of Ridgestone Mining Inc. (RIGMF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-69.07%

5-year avg

-88.16%

10-year avg

-93.33%

Ridgestone Mining Inc. (RIGMF) ROE vs. Peers

How is RIGMF’s ROE compared to its peers?

Ridgestone Mining Inc.’s ROE is less than Norra Metals Corp. (1.34%), greater than Lucky Minerals Inc. (-546.17%), less than Wolverine Technologies Corp. (749.61%), less than Enertopia Corp. (452.88%), greater than Forty Pillars Mining Corp. (-31.33%), greater than Tearlach Resources Limited (-373.13%), less than Quest Critical Metals Inc. (590.39%), greater than Champion Bear Resources Ltd. (-22.87%), greater than Fuse Battery Metals Inc. (-153.96%), greater than Troubadour Resources Inc. (-34.22%),

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