PolyMet Mining Ret. on assets
What is the Ret. on assets of PolyMet Mining?
The Ret. on assets of PolyMet Mining Corp. is -1.58%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Materials sector on TSX compared to PolyMet Mining
What does PolyMet Mining do?
PolyMet Mining Corp., through its subsidiary, Poly Met Mining, Inc., explores for and develops natural resource properties. Its primary mineral property is the NorthMet project, a polymetallic project that hosts copper, nickel, cobalt, gold, silver, and platinum group metal mineralization covering an area of approximately 4,300 acres located in northeastern Minnesota, the United States. The company was formerly known as Fleck Resources Ltd. and changed its name to PolyMet Mining Corp. in June 1998. PolyMet Mining Corp. was incorporated in 1981 and is headquartered in Saint Paul, Minnesota.
Companies with ret. on assets similar to PolyMet Mining
- Atento S.A has Ret. on assets of -1.58%
- LFG Investment has Ret. on assets of -1.58%
- WestBond Enterprises has Ret. on assets of -1.58%
- Deltagen has Ret. on assets of -1.58%
- Henderson Investment has Ret. on assets of -1.58%
- Parkit Enterprise has Ret. on assets of -1.58%
- PolyMet Mining has Ret. on assets of -1.58%
- Marathon Gold has Ret. on assets of -1.58%
- Marathon Gold has Ret. on assets of -1.58%
- Pure Minerals has Ret. on assets of -1.58%
- Setubandhan Infrastructure has Ret. on assets of -1.58%
- EDAP TMS S.A has Ret. on assets of -1.58%
- Nuveen Floating Rate Income Fund has Ret. on assets of -1.57%