Fura Gems Ret. on equity
What is the Ret. on equity of Fura Gems?
The Ret. on equity of Fura Gems, Inc. is -495.84%
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.
Ret. on equity 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 equity similar to Fura Gems
- Avalon GloboCare has Ret. on equity of -497.06%
- Avalon GloboCare has Ret. on equity of -497.06%
- Avalon GloboCare has Ret. on equity of -497.06%
- Avalon GloboCare has Ret. on equity of -497.06%
- Avalon GloboCare Corp has Ret. on equity of -497.06%
- Avalon GloboCare has Ret. on equity of -497.06%
- Fura Gems has Ret. on equity of -495.84%
- Wellfield Technologies Inc has Ret. on equity of -495.42%
- Desert Gold Ventures has Ret. on equity of -495.18%
- Kerr Mines has Ret. on equity of -494.07%
- Kerr Mines has Ret. on equity of -494.07%
- The Flowr has Ret. on equity of -493.60%
- Clontarf plc has Ret. on equity of -492.49%