Rio Silver Ret. on equity
What is the Ret. on equity of Rio Silver?
The Ret. on equity of Rio Silver Inc. is 111.47%
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 Rio Silver
What does Rio Silver do?
Rio Silver Inc. engages in the acquisition, evaluation, and development of mineral properties in the Americas, Canada, and Peru. It explores for precious and base metal deposits. The company owns 100% interest in its flagship property, Niñobamba silver and gold project covering an area of 4,490 hectares located in the Department of Ayacucho, Peru. It also holds 100% interest in the Gerow Lake property, a base metal project located in northwestern Ontario, Canada; and Palpa Dorado property located in Moro district of Santa province, Ancash, Peru. The company was formerly known as Escape Gold Inc. and changed its name to Rio Silver Inc. in October 2011. Rio Silver Inc. was incorporated in 2000 and is based in Vancouver, Canada.
Companies with ret. on equity similar to Rio Silver
- Remark Inc has Ret. on equity of 110.87%
- Tronic's Microsystems SA has Ret. on equity of 110.93%
- Blue Bird Corp has Ret. on equity of 110.98%
- Diagnos has Ret. on equity of 111.01%
- BF Utilities has Ret. on equity of 111.12%
- Standard Industries has Ret. on equity of 111.22%
- Rio Silver has Ret. on equity of 111.47%
- Laredo Petroleum has Ret. on equity of 111.48%
- Peloton Interactive Inc has Ret. on equity of 111.53%
- Superior Industries International has Ret. on equity of 111.59%
- New Stratus has Ret. on equity of 111.75%
- Triccar Inc has Ret. on equity of 111.75%
- Reitmans (Canada) has Ret. on equity of 112.50%