GreenX Metals Ltd
ASX:GRX
ROE
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
Peer Comparison
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| AU |
|
GreenX Metals Ltd
ASX:GRX
|
271.3m AUD |
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|
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
117B ZAR |
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|
|
| BR |
|
Vale SA
BOVESPA:VALE3
|
376.7B BRL |
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|
|
| LU |
|
ArcelorMittal SA
AEX:MT
|
42.8B EUR |
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|
|
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
63.5B AUD |
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|
|
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
36.9B EUR |
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|
|
| US |
|
Nucor Corp
NYSE:NUE
|
40.3B USD |
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|
|
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
3.1T INR |
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|
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2.6T INR |
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|
|
| US |
|
Steel Dynamics Inc
NASDAQ:STLD
|
28.1B USD |
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|
|
| JP |
|
Nippon Steel Corp
TSE:5401
|
3.5T JPY |
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Market Distribution
| Min | -8 644.7% |
| 30th Percentile | -17.8% |
| Median | -0.3% |
| 70th Percentile | 9.1% |
| Max | 33 437.7% |
Other Profitability Ratios
GreenX Metals Ltd
Glance View
GreenX Metals Ltd. engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Perth, Western Australia. The firm is focusing on the exploration and development of sustainable critical mineral resources. The firm focuses on the exploration of the Arctic Rift Copper (ARC) Project. ARC is the copper-silver bearing Discovery Zone, located at the northern end of Neergaard Dal. The Discovery Zone is comprised of at least three parallel breccia faults trending northwest southeast. The mineralization is expressed in two main forms, within which there are two sub-forms: Breccia bound and Stratiform. The ARC mineral system is known to be prospective for basalt, fault, and sedimentary rock-hosted copper mineralization.
See Also
ROE is calculated by dividing the Net Income by the Avg Total Equity.
The current ROE for GreenX Metals Ltd is -40.8%, which is below its 3-year median of -30.9%.
Over the last 3 years, GreenX Metals Ltd’s ROE has increased from -41.8% to -40.8%. During this period, it reached a low of -41.8% on Jun 30, 2022 and a high of -25.6% on Jun 30, 2023.
