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Niobay Metals - Stock

Niobay Metals ROA 2024

Niobay Metals ROA

-0.52

Ticker

NBY.V

ISIN

CA6544541072

In 2024, Niobay Metals's return on assets (ROA) was -0.52, a -28.4% increase from the -0.72 ROA in the previous year.

Niobay Metals Aktienanalyse

What does Niobay Metals do?

Niobay Metals Inc is a company specializing in the acquisition and exploration of mineral properties. The company was founded in 1988 under the name Eldorado Resources Limited and is headquartered in Toronto, Canada. The history of Niobay Metals Inc is closely linked to the exploration of niobium and tantalum, two rare metals that are of great importance in the electronics, energy, and aerospace industries. In 2003, the company acquired the James Bay Niobium project, which is located in Quebec and contains one of the largest niobium deposits in North America. The business model of Niobay Metals Inc is based on the identification and acquisition of mineral properties with high potential. The company conducts systematic investigations and explorations to determine the economic viability of the deposits. The goal is to identify and develop resources that create value for shareholders and meet the demand for the offered products. The company is divided into several divisions, including niobium, tantalum, gold, and copper. The niobium division is the core business of the company, as it owns one of the largest niobium resources in North America. The James Bay Niobium project is located just 40 kilometers south of the Bergeronnes port and has an estimated resource of 43 million tons with a niobium oxide content of 0.53%. The company is currently working to determine the actual value of the resource and identify potential buyers for the niobium. The tantalum division is another important business unit of Niobay Metals Inc. Tantalum is a rare and highly valuable metal used for the production of specialized capacitors, high-performance batteries, and other high-tech applications. The company holds several tantalum projects in Quebec and Ontario, including the Gabriel project, which contains several pegmatite veins with significant tantalum mineralization. The company is also active in gold exploration and has several projects at various stages of exploration in Quebec and Ontario. The resources are estimated, and the company expects an increase in the resource scope in the near future. The company also has projects in the copper sector, including the Crevier project in Quebec. Niobay Metals Inc is a company focused on the exploration and development of mineral properties and the development of resources for energy storage. With a focus on niobium and tantalum, the company hopes to provide significant value to its shareholders and the industry in general in the future. Niobay Metals ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Niobay Metals's Return on Assets (ROA)

Niobay Metals'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 Niobay Metals'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 Niobay Metals'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 Niobay Metals’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 Niobay Metals Stock

What is the Return on Assets (ROA) of Niobay Metals this year?

The Return on Assets (ROA) of Niobay Metals is -0.52 undefined this year.

What was the ROA of Niobay Metals compared to the previous year?

The ROA of Niobay Metals has increased by -28.4% compared to the previous year.

What consequences do high ROA have for investors of Niobay Metals?

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

What are the consequences of low ROA for investors in Niobay Metals?

A low ROA can be unfavorable for investors of Niobay Metals 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 Niobay Metals affect the company?

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

How does a reduction in ROA of Niobay Metals impact the company?

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

What are some factors that can influence the ROA of Niobay Metals?

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

Why is the ROA of Niobay Metals important for investors?

The ROA of Niobay Metals 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 Niobay Metals take to improve ROA?

To improve ROA, Niobay Metals 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 Niobay Metals pay?

Over the past 12 months, Niobay Metals paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Niobay Metals is expected to pay a dividend of 0 CAD.

What is the dividend yield of Niobay Metals?

The current dividend yield of Niobay Metals is .

When does Niobay Metals pay dividends?

Niobay Metals pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Niobay Metals?

Niobay Metals paid dividends every year for the past 0 years.

What is the dividend of Niobay Metals?

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

In which sector is Niobay Metals located?

Niobay Metals is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Niobay Metals kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Niobay Metals from 6/30/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 6/30/2024.

When did Niobay Metals pay the last dividend?

The last dividend was paid out on 6/30/2024.

What was the dividend of Niobay Metals in the year 2023?

In the year 2023, Niobay Metals distributed 0 CAD as dividends.

In which currency does Niobay Metals pay out the dividend?

The dividends of Niobay Metals are distributed in CAD.

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Andere Kennzahlen von Niobay Metals

Our stock analysis for Niobay Metals 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 Niobay Metals Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.