What is the Return on Assets (ROA) of Lumina Gold this year?
The Return on Assets (ROA) of Lumina Gold is -3.39 undefined this year.
Lumina Gold ROA 2024
Lumina Gold ROA
-3.39
Lumina Gold Dividend yield
Ticker
LUM.V
ISIN
CA55026L3056
WKN
A2N5K0
In 2024, Lumina Gold's return on assets (ROA) was -3.39, a 664.24% increase from the -0.44 ROA in the previous year.
Lumina Gold Aktienanalyse
What does Lumina Gold do?
Lumina Gold Corp is a Canadian company focused on exploration and development activities in the gold and copper properties in South America. It was founded in 2007 and has its headquarters in Vancouver, Canada. The history of Lumina Gold Corp began with the acquisition of the Ecuador properties from Lumina Copper Corp in 2016. The properties include the Cangrejos project located in the southwestern province of El Oro in Ecuador. The project hosts over 10 million ounces of gold resources and over 1.4 billion pounds of copper. Lumina Gold Corp's business model is to create value for shareholders through exploration and development of gold and copper properties in South America. The company utilizes advanced technologies and methods to explore and develop mineral resources on their properties. The company operates in six main projects. The first is the Cangrejos project, which is Lumina Gold Corp's flagship project. It is a gold-copper project with economically viable production and has the potential to become one of the largest gold mines in South America. The second project is the Pegasus project, located in the southeastern region of Ecuador. It is a gold project with varying amounts of gold and has the potential to become a major gold mine. The third project is the Condor project, located in Peru. It is a copper-gold project with significant potential and has the potential to become one of the largest copper-gold properties in Peru. The fourth project is the Orquideas project, also located in Ecuador. It is a gold-silver project and has the potential to become a major gold-silver property. The fifth project is the Granada project, located in Canada. It is a gold project with a mine development program and has the potential to become a producer. The sixth project is the La Antena project, located in Colombia. It is a gold-copper project and has the potential to become a significant producer. Lumina Gold Corp offers four products. The first product is gold. The company focuses on the exploration and development of gold properties and has the potential to become a major gold producer. The second product is copper. Lumina Gold Corp also has several copper properties in South America. The company has the potential to become one of the largest copper properties in Peru. The third product is silver. Lumina Gold Corp also has silver properties in South America. The company has the potential to become one of the largest silver properties in Ecuador. The fourth product is the mine development program. Lumina Gold Corp is developing the mine development program at the Granada property, which has the potential to become a producer. Overall, Lumina Gold Corp has the potential to become a major player in the gold and copper mining industry in South America. The company has an experienced management and exploration team that utilizes advanced technologies and methods to develop mineral resources on their properties. Lumina Gold Corp is also committed to providing value to their stakeholders through sustainable mining practices and job creation in the communities where they operate. Answer: Lumina Gold Corp is a Canadian company focused on exploration and development activities in gold and copper properties in South America. It was founded in 2007 and is headquartered in Vancouver, Canada. Lumina Gold ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Lumina Gold's Return on Assets (ROA)
Lumina Gold's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Lumina Gold's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Lumina Gold's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Lumina Gold’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Lumina Gold Stock
What was the ROA of Lumina Gold compared to the previous year?
The ROA of Lumina Gold has increased by 664.24% compared to the previous year.
What consequences do high ROA have for investors of Lumina Gold?
A high ROA is advantageous for investors of Lumina Gold, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Lumina Gold?
A low ROA can be unfavorable for investors of Lumina Gold as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Lumina Gold affect the company?
An increase in ROA of Lumina Gold can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Lumina Gold impact the company?
A reduction in the ROA of Lumina Gold can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Lumina Gold?
Some factors that can influence the ROA of Lumina Gold include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Lumina Gold important for investors?
The ROA of Lumina Gold is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Lumina Gold take to improve ROA?
To improve ROA, Lumina Gold can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Lumina Gold pay?
Over the past 12 months, Lumina Gold paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Lumina Gold is expected to pay a dividend of 0 USD.
What is the dividend yield of Lumina Gold?
The current dividend yield of Lumina Gold is .
When does Lumina Gold pay dividends?
Lumina Gold pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Lumina Gold?
Lumina Gold paid dividends every year for the past 0 years.
What is the dividend of Lumina Gold?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Lumina Gold located?
Lumina Gold is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Lumina Gold kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Lumina Gold from 4/28/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 4/28/2024.
When did Lumina Gold pay the last dividend?
The last dividend was paid out on 4/28/2024.
What was the dividend of Lumina Gold in the year 2023?
In the year 2023, Lumina Gold distributed 0 USD as dividends.
In which currency does Lumina Gold pay out the dividend?
The dividends of Lumina Gold are distributed in USD.
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Andere Kennzahlen von Lumina Gold
Our stock analysis for Lumina Gold 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 Lumina Gold Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
