Fura Gems Ret. on assets
What is the Ret. on assets of Fura Gems?
The Ret. on assets of Fura Gems, Inc. is -38.02%
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 TSXV compared to Fura Gems
What does Fura Gems do?
Fura Gems Inc., a gemstone mining and marketing company, engages in the mining, exploration and acquisition of gemstone licenses in Barbados, the British Virgin Islands, Colombia, Dubai, India, Mozambique, Madagascar, and Australia. It holds a 100% interests in four ruby licenses in the Montepuez district of Cabo Delgado province in Mozambique; and a 76% interests in the Coscuez license that covers an area of covers an area of 46 hectares in San Pablo de Borbur, Boyacá District of Colombia. The company also holds a 100% interests in two mining permits and three mining licenses in the sapphire mining project located in Queensland, Australia; and owns sapphire licenses in Madagascar. The company was formerly known as Fura Emeralds Inc. and changed its name to Fura Gems Inc. in April 2017. Fura Gems Inc. was incorporated in 2006 and is headquartered in Toronto, Canada. Fura Gems Inc. operates as a subsidiary of Lord of Seven Hills Holdings FZE.
Companies with ret. on assets similar to Fura Gems
- Artelo Biosciences has Ret. on assets of -38.16%
- Artelo Biosciences has Ret. on assets of -38.16%
- Element 25 has Ret. on assets of -38.12%
- Biotron has Ret. on assets of -38.09%
- Durect Corp has Ret. on assets of -38.07%
- CE Brands has Ret. on assets of -38.04%
- Fura Gems has Ret. on assets of -38.02%
- Hycroft Mining has Ret. on assets of -38.02%
- Canstar Resources has Ret. on assets of -38.00%
- Guild Esports Plc has Ret. on assets of -37.95%
- Guild Esports Plc has Ret. on assets of -37.95%
- Iocaste Ventures Inc has Ret. on assets of -37.91%
- Futura Medical Plc has Ret. on assets of -37.89%