Goldgroup Mining Stock

Goldgroup Mining ROE 2024

Goldgroup Mining ROE

1.17

Ticker

GGA.TO

ISIN

CA38141A1075

WKN

A1CYEE

In 2024, Goldgroup Mining's return on equity (ROE) was 1.17, a -77.44% increase from the 5.2 ROE in the previous year.

Goldgroup Mining Aktienanalyse

What does Goldgroup Mining do?

Goldgroup Mining Inc is a Canadian mining company specializing in exploring, developing, and operating gold and silver mines in Mexico. The company was founded in 1984 and is headquartered in Vancouver, British Columbia. Goldgroup Mining Inc has become a leading gold and silver producer in Mexico over the years and currently operates several mining projects in the country. The business model of Goldgroup Mining Inc is based on acquiring undeveloped and underdeveloped precious metal projects and converting them into producing mines. The company pursues a strategy focused on organic growth and targeted acquisitions. The vision is to become a leading precious metal producer in Mexico and a preferred partner for other mining companies in the region. Goldgroup operates two main projects in Mexico: one in Sonora and the other in Sinaloa. The Sonora project includes two underground open-pit mines and a concentrator plant for processing the extracted material. The Caballo Blanco pit is located in the Sierra Madre Occidental in the state of Sinaloa. Together, these mines produce approximately 50,000 ounces of gold equivalent annually. Gold and silver production are the main products offered by Goldgroup Mining Inc. The company has also found other important precious metals such as copper, zinc, and lead in its mines. These are usually produced as by-products or blends with the main products. However, the focus of Goldgroup Mining Inc is on the production of gold and silver products. In addition to exploring, developing, and producing precious metals, Goldgroup Mining Inc also offers consulting services to other mining companies. The company has the necessary expertise and experience in the mining industry to assist other companies in implementing their projects. These consulting services include conducting feasibility studies, project financing, project planning, and project management. Goldgroup Mining Inc has established a strong presence in Mexico's precious metal industry. The company has built relationships with local communities and governments to promote collaboration and cooperation. The goal of Goldgroup Mining Inc is not only to be successful but also to act responsibly and sustainably. The company makes efforts to promote environmentally friendly mining practices and ensure that its activities comply with industry standards. Overall, Goldgroup Mining Inc is a leading mining company specializing in the exploration, development, and production of precious metals in Mexico. The company pursues a strategy of organic growth and targeted acquisitions to expand its portfolio of precious metal projects. Gold and silver production are the main products offered by the company, but it also provides consulting services to other mining companies. Goldgroup Mining operates according to the highest industry standards and is also committed to acting in line with the needs of communities and the environment. Goldgroup Mining ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Goldgroup Mining's Return on Equity (ROE)

Goldgroup Mining's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Goldgroup Mining's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Goldgroup Mining's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Goldgroup Mining’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Goldgroup Mining stock

What is the ROE (Return on Equity) of Goldgroup Mining this year?

The ROE of Goldgroup Mining this year is 1.17 undefined.

How has the Return on Equity (ROE) of Goldgroup Mining developed compared to the previous year?

The ROE of Goldgroup Mining has increased by -77.44% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Goldgroup Mining?

A high ROE indicates that Goldgroup Mining generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Goldgroup Mining?

A low ROE can indicate that Goldgroup Mining is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Goldgroup Mining affect the company?

A change in ROE (Return on Equity) of Goldgroup Mining can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Goldgroup Mining?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Goldgroup Mining?

Some factors that can influence Goldgroup Mining's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Goldgroup Mining pay?

Over the past 12 months, Goldgroup Mining paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Goldgroup Mining is expected to pay a dividend of 0 USD.

What is the dividend yield of Goldgroup Mining?

The current dividend yield of Goldgroup Mining is .

When does Goldgroup Mining pay dividends?

Goldgroup Mining pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Goldgroup Mining?

Goldgroup Mining paid dividends every year for the past 0 years.

What is the dividend of Goldgroup Mining?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Goldgroup Mining located?

Goldgroup Mining is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Goldgroup Mining kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Goldgroup Mining from 9/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/29/2024.

When did Goldgroup Mining pay the last dividend?

The last dividend was paid out on 9/29/2024.

What was the dividend of Goldgroup Mining in the year 2023?

In the year 2023, Goldgroup Mining distributed 0 USD as dividends.

In which currency does Goldgroup Mining pay out the dividend?

The dividends of Goldgroup Mining are distributed in USD.

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Andere Kennzahlen von Goldgroup Mining

Our stock analysis for Goldgroup Mining Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Goldgroup Mining Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.