AXMIN Ret. on assets

What is the Ret. on assets of AXMIN?

The Ret. on assets of AXMIN, Inc. is -65.48%

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 AXMIN

What does AXMIN do?

AXMIN Inc., a development stage company, engages in the exploration and development of mineral properties in central and West Africa. The company explores for gold properties. Its primary asset is the Passendro gold project located in Central African Republic. The company also holds a royalty interest in the Senegal project located in the Birimian belt of eastern Senegal. AXMIN Inc. is based in Vancouver, Canada.

Companies with ret. on assets similar to AXMIN

Clean TeQ has Ret. on assets of -65.75%
Clean TeQ has Ret. on assets of -65.75%
Calyxt Inc has Ret. on assets of -65.73%
Valeo Pharma Inc has Ret. on assets of -65.73%
i3 Interactive has Ret. on assets of -65.70%
International Prospect Ventures has Ret. on assets of -65.59%
AXMIN has Ret. on assets of -65.48%
Evergold Corp has Ret. on assets of -65.40%
Evergold has Ret. on assets of -65.40%
The McClatchy Co has Ret. on assets of -65.36%
The McClatchy has Ret. on assets of -65.36%
Dyadic International has Ret. on assets of -65.32%
Dyadic International has Ret. on assets of -65.32%