Labrador Iron Mines Holdings Ltd
OTC:LBRMF

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Labrador Iron Mines Holdings Ltd Logo
Labrador Iron Mines Holdings Ltd
OTC:LBRMF
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Price: 0.021 USD 5% Market Closed
Market Cap: 3.4m USD

ROE
Return on Equity

0%
Current
0%
Average
-5.4%
Industry

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
0%
=
Net Income
-640k
/
Equity
0

ROE Across Competitors

Labrador Iron Mines Holdings Ltd
Glance View

Market Cap
3.4m USD
Industry
Metals & Mining

Labrador Iron Mines Holdings Ltd. engages in the exploration and development of iron ore projects in the central part of the Labrador Trough region. The company is headquartered in Toronto, Ontario and currently employs 33 full-time employees. The company went IPO on 2010-04-15. The firm is engaged in the business of exploration, development and mining of iron ore projects in Canada. Its primary exploration and evaluation assets are iron ore projects in western Labrador and northeastern Quebec, near the town of Schefferville, Quebec (the Schefferville Projects). Among the Schefferville Projects, the Houston Project, consisting of the Houston and Malcolm properties, and the Elizabeth Taconite Property, are the Company's principal projects. The Houston Project consists of the Houston 1, 2 and 3 deposits located in Newfoundland and Labrador and the adjacent Malcolm deposit located just over the provincial border in Quebec, collectively about 15 kilometers (km) from Schefferville. The Schefferville Projects consists of iron ore deposits of varying sizes divided into separate portions, one within the Province of Newfoundland and Labrador and the other within the Province of Quebec.

LBRMF Intrinsic Value
Not Available
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
0%
=
Net Income
-640k
/
Equity
0
What is the ROE of Labrador Iron Mines Holdings Ltd?

Based on Labrador Iron Mines Holdings Ltd's most recent financial statements, the company has ROE of 0%.

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