Rare Element Resources Ret. on equity

What is the Ret. on equity of Rare Element Resources?

The Ret. on equity of Rare Element Resources Ltd. is -82.34%

What is the definition of Ret. on equity?

Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.

ttm (trailing twelve months)

The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.

What does Rare Element Resources do?

Rare Element Resources Ltd. explores for mineral properties in the United States. It holds a 100% interest in the Bear Lodge property that comprises the Bear Lodge REE project and the Sundance Gold project located in central Crook County, northeast Wyoming. The company is headquartered in Littleton, Colorado.

Companies with ret. on equity similar to Rare Element Resources

Aurcana has Ret. on equity of -82.52%
Aurcana has Ret. on equity of -82.52%
CorMedix Inc has Ret. on equity of -82.50%
Datametrex AI has Ret. on equity of -82.43%
Amaroq Minerals Ltd has Ret. on equity of -82.43%
Actinogen Medical has Ret. on equity of -82.37%
Rare Element Resources has Ret. on equity of -82.34%
Long Term Care Operations 360 has Ret. on equity of -82.32%
Long Term Care Operations 360 has Ret. on equity of -82.32%
Redwood Green has Ret. on equity of -82.32%
Moxian (BVI) Inc has Ret. on equity of -82.30%
LATAM Airlines S.A has Ret. on equity of -82.28%
Code Chain New Continent has Ret. on equity of -82.26%