Minrex Resources ROA 2024

Minrex Resources Aktienanalyse

What does Minrex Resources do?

Minrex Resources Ltd is an Australian company specializing in the exploration and development of mineral resources in Australia. The company was founded in 2005 and initially focused on exploring mineral deposits in Western Australia. Since its inception, Minrex Resources Ltd has successfully acquired and developed multiple properties in Western Australia and has become a significant player in the Australian mining industry. The company is currently listed on the Australian stock exchange with a market capitalization of over AUD 50 million. Minrex Resources Ltd's business model is based on identifying and developing mineral deposits in Western Australia. The company conducts thorough exploration activities to identify properties with potential for higher mineral resources. It also provides mining services, including mineral extraction and processing in operational mines. Over the years, the company has expanded its activities to include various commodities, including gold, copper, and nickel. Minrex Resources Ltd is able to target a diverse customer base by focusing on different resources and mining technologies. In addition to exploration and development of mineral resources, the company also offers technical services such as geological consulting, report and assessment creation, as well as environmental and social reports. Minrex Resources Ltd offers a variety of products, including gold, copper, nickel, and cobalt. The company has a strong presence in the gold sector, operating several promising mines that produce a range of gold products, including bars, nuggets, and coins. The copper and nickel sectors are also important business areas for Minrex Resources Ltd, where the company develops and operates mines extracting and processing copper and nickel ore. Cobalt is another product produced by the company. Cobalt is a strategic metal used in batteries and electric vehicles, with high demand. Minrex Resources Ltd's cobalt mines are located in Australia and are utilized by customers worldwide. Minrex Resources Ltd is known for its commitment to sustainability and social responsibility. The company works closely with local communities to ensure its activities align with local interests and needs. It is also committed to environmental impact assessment and adheres to strict standards to minimize its environmental footprint. In summary, Minrex Resources Ltd is a highly respected Australian mining company focused on the exploration and development of mineral resources in Western Australia. The company operates a variety of mines and also offers technical services. It produces a wide range of mineral products and has established itself as a major player in the Australian mining industry. Minrex Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Minrex Resources's Return on Assets (ROA)

Minrex Resources'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 Minrex Resources'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 Minrex Resources'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 Minrex Resources’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 Minrex Resources stock

What is the Return on Assets (ROA) of Minrex Resources this year?

The Return on Assets (ROA) of Minrex Resources is -0.29 undefined this year.

What was the ROA of Minrex Resources compared to the previous year?

The ROA of Minrex Resources has increased by 269.28% compared to the previous year.

What consequences do high ROA have for investors of Minrex Resources?

A high ROA is advantageous for investors of Minrex Resources, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Minrex Resources?

A low ROA can be unfavorable for investors of Minrex Resources 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 Minrex Resources affect the company?

An increase in ROA of Minrex Resources can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Minrex Resources impact the company?

A reduction in the ROA of Minrex Resources can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Minrex Resources?

Some factors that can influence the ROA of Minrex Resources include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Minrex Resources important for investors?

The ROA of Minrex Resources 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 Minrex Resources take to improve ROA?

To improve ROA, Minrex Resources 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 Minrex Resources pay?

Over the past 12 months, Minrex Resources paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Minrex Resources is expected to pay a dividend of 0 AUD.

What is the dividend yield of Minrex Resources?

The current dividend yield of Minrex Resources is .

When does Minrex Resources pay dividends?

Minrex Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Minrex Resources?

Minrex Resources paid dividends every year for the past 0 years.

What is the dividend of Minrex Resources?

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

In which sector is Minrex Resources located?

Minrex Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Minrex Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Minrex Resources from 11/1/2024 amounting to 0 AUD, you needed to have the stock in your portfolio before the ex-date on 11/1/2024.

When did Minrex Resources pay the last dividend?

The last dividend was paid out on 11/1/2024.

What was the dividend of Minrex Resources in the year 2023?

In the year 2023, Minrex Resources distributed 0 AUD as dividends.

In which currency does Minrex Resources pay out the dividend?

The dividends of Minrex Resources are distributed in AUD.