Classic Minerals

Classic Minerals ROE

The Return on Equity (ROE) of Classic Minerals (CLZ.AX) as of Oct 17, 2026 is 94.77 %. In the previous year, Return on Equity (ROE) was 322.31 % — a change of -70.60% (lower).

ROE

94.77 %

YoY

-70.60%

Last updated:

In 2024, Classic Minerals's return on equity (ROE) was 94.77 %, a -70.60% increase from the 322.31 % ROE in the previous year.

The Classic Minerals ROE history

  • 3 Years

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  • Max

ROE
Date
ROE
Jan 1, 2017
151.89 AUD
Jan 1, 2018
-668.68 AUD
Jan 1, 2019
1,113.73 AUD
Jan 1, 2020
667.00 AUD
Jan 1, 2021
-8,119.54 AUD
Jan 1, 2022
301.66 AUD
Jan 1, 2023
322.31 AUD
Jan 1, 2024
94.77 AUD
The Classic Minerals ROE history
YEARROEYoY
94.77 %-70.60%
322.31 %+6.85%
301.66 %-103.72%
-8,119.54 %-1,317.32%
667.00 %-40.11%
1,113.73 %-266.56%
-668.68 %-540.24%
151.89 %-65.52%
440.54 %+42.54%
309.06 %-401.09%
-102.65 %—

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Classic Minerals Stock analysis

What does Classic Minerals do? Classic Minerals Ltd, listed on the Australian Securities Exchange under the ticker CLZ.AX, is a mineral exploration company headquartered in Perth, Western Australia. The company went public on May 24, 2013, and focuses on exploring mineral resource-based projects, primarily targeting gold and nickel. It holds approximately 578 square kilometers of tenements across two regional exploration areas in Western Australia. The company's primary focus is on gold deposits within the Goldfields region, specifically at the Forrestania and Kat Gap projects. The Kat Gap Gold Project is situated about 170 kilometers south of Southern Cross and 50 kilometers south of the Forrestania Gold Project. The Forrestania Gold Project, located approximately 120 kilometers south of Southern Cross, includes the Lady Ada and Lady Magdalene deposits. Additionally, the company manages the Fraser Range Project (E28/1904), positioned roughly 40 kilometers northeast of the Sirius Nova deposit on the Fraser-Albany Mobile Belt, approximately 160 kilometers east-southeast of Kambalda. This project is interpreted to be of Proterozoic age. Classic Minerals holds about 28 kilometers of strike across 84 square kilometers of land. The company's exploration activities are centered on identifying and developing mineral resources in Western Australia's geologically rich regions, with an emphasis on gold and nickel. Classic Minerals is one of the most popular companies on Eulerpool.

ROE Details

Decoding Classic Minerals's Return on Equity (ROE)

Classic Minerals'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 Classic Minerals'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

Classic Minerals'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 Classic Minerals’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 Classic Minerals stock

Return on Equity (ROE) of Classic Minerals is 94.77 % in 2024.

Return on Equity (ROE) of Classic Minerals changed from 322.31 % to 94.77 %, representing a -70.60% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Equity (ROE) Classic Minerals since 2006 – with annual values, charts, and detailed analysis.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Equity (ROE)'s Classic Minerals with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Equity (ROE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Equity (ROE).

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Profitability — Classic Minerals

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Classic Minerals