Trevali Mining Ret. on assets
What is the Ret. on assets of Trevali Mining?
The Ret. on assets of Trevali Mining Corporation is -2.86%
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 Trevali Mining
What does Trevali Mining do?
Trevali Mining Corporation, a base-metals mining company, engages in the acquisition, exploration, development of, and production from mineral properties. It primarily explores for zinc, lead, silver, copper, and gold deposits. The company's operational assets include the 90%-owned Perkoa Mine in Burkina Faso; 90%-owned Rosh Pinah Mine in Namibia; and Caribou Mine in northern New Brunswick, Canada. It also holds interests in the Halfmile, Stratmat, and Restigouche properties situated in New Brunswick, Canada; Gergarub project in Namibia; and Ruttan Mine located in northern Manitoba, Canada. In addition, the company has an option to acquire a 100% interest in the Heath Steele deposit located in New Brunswick, Canada. Trevali Mining Corporation was formerly known as Trevali Resources Corp. and changed its name to Trevali Mining Corporation in April 2011. The company was incorporated in 1964 and is headquartered in Vancouver, Canada.
Companies with ret. on assets similar to Trevali Mining
- Trilogy Metals has Ret. on assets of -2.87%
- LKS has Ret. on assets of -2.87%
- Misonix Inc has Ret. on assets of -2.87%
- Chemtrade Logistics Income Fund has Ret. on assets of -2.87%
- Dai-Ichi Karkaria has Ret. on assets of -2.86%
- Quisitive Technology Solutions has Ret. on assets of -2.86%
- Trevali Mining has Ret. on assets of -2.86%
- GobiMin has Ret. on assets of -2.85%
- PolarX has Ret. on assets of -2.85%
- Carnegie Clean has Ret. on assets of -2.85%
- China Oriented International has Ret. on assets of -2.85%
- Flexituff Ventures International has Ret. on assets of -2.85%
- UET United Electronic Technology AG has Ret. on assets of -2.85%