
Labrador Iron Mines Holdings Ltd
OTC:LBRMF

ROE
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 Across Competitors
Country | Company | Market Cap | ROE | ||
---|---|---|---|---|---|
CA |
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Labrador Iron Mines Holdings Ltd
OTC:LBRMF
|
3.4m USD | N/A | |
ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
94.9B Zac |
28%
|
|
BR |
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Vale SA
BOVESPA:VALE3
|
232.9B BRL |
16%
|
|
AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
29B EUR |
20%
|
|
AU |
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Fortescue Metals Group Ltd
ASX:FMG
|
52.3B AUD |
20%
|
|
US |
![]() |
Nucor Corp
NYSE:NUE
|
32.7B USD |
7%
|
|
IN |
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JSW Steel Ltd
NSE:JSWSTEEL
|
2.5T INR |
4%
|
|
LU |
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ArcelorMittal SA
AEX:MT
|
23.9B EUR |
2%
|
|
IN |
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Tata Steel Ltd
NSE:TATASTEEL
|
2T INR |
4%
|
|
CN |
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Baoshan Iron & Steel Co Ltd
SSE:600019
|
156.1B CNY |
4%
|
|
US |
![]() |
Steel Dynamics Inc
NASDAQ:STLD
|
19.7B USD |
13%
|
Labrador Iron Mines Holdings Ltd
Glance View
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.

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