Niobay Metals - Stock

Niobay Metals ROE 2024

Niobay Metals ROE

-0.46

Ticker

NBY.V

ISIN

CA6544541072

In 2024, Niobay Metals's return on equity (ROE) was -0.46, a -40.02% increase from the -0.76 ROE 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.

ROE Details

Decoding Niobay Metals's Return on Equity (ROE)

Niobay Metals'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 Niobay Metals'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

Niobay Metals'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 Niobay Metals’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 Niobay Metals Stock

What is the ROE (Return on Equity) of Niobay Metals this year?

The ROE of Niobay Metals this year is -0.46 undefined.

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

The ROE of Niobay Metals has increased by -40.02% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Niobay Metals?

A high ROE indicates that Niobay Metals 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 Niobay Metals?

A low ROE can indicate that Niobay Metals 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 Niobay Metals affect the company?

A change in ROE (Return on Equity) of Niobay Metals 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 Niobay Metals?

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 Niobay Metals?

Some factors that can influence Niobay Metals'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 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 6/28/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.

When did Niobay Metals pay the last dividend?

The last dividend was paid out on 6/28/2024.

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.