Contact Gold

Contact Gold ROA

The Return on Assets (ROA) of Contact Gold (C.V) as of Oct 18, 2026 is -10.40 %. In the previous year, Return on Assets (ROA) was -17.67 % — a change of -41.13% (higher).

ROA

-10.40 %

YoY

-41.13%

Last updated:

In 2022, Contact Gold's return on assets (ROA) was -10.40 %, a -41.13% increase from the -17.67 % ROA in the previous year.

The Contact Gold ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2015
-5.17 CAD
Jan 1, 2016
-449.46 CAD
Jan 1, 2017
-7.13 CAD
Jan 1, 2018
-29.01 CAD
Jan 1, 2019
-23.63 CAD
Jan 1, 2020
-49.09 CAD
Jan 1, 2021
-17.67 CAD
Jan 1, 2022
-10.40 CAD
The Contact Gold ROA history
YEARROAYoY
-10.40 %-41.13%
-17.67 %-64.02%
-49.09 %+107.79%
-23.63 %-18.56%
-29.01 %+306.99%
-7.13 %-98.41%
-449.46 %+8,590.16%
-5.17 %+5.10%
-4.92 %—

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Contact Gold Stock analysis

What does Contact Gold do? Contact Gold Corp, listed under the ticker C.V, is a Canadian company based in Vancouver, British Columbia, operating within the Materials sector, specifically in Metals & Mining. The company, which went public via an IPO on June 7, 2017, currently employs eight full-time staff. Contact Gold Corp focuses on the acquisition, exploration, and development of mineral exploration properties. Its primary assets include the Pony Creek, Dixie Flats, and North Star properties, situated on the southern Carlin trend near Newmont Mining’s Rain and Emigrant mines and adjacent to Gold Standard Ventures’ Railroad-Pinion Project. These properties are characterized by Carlin-type gold systems and feature multiple exploration targets that have been explored through approximately 200 drill holes and historic resource assessments. The company holds a land position of roughly 24,772 hectares, encompassing mineral tenure rich in gold occurrences at various exploration stages, from early exploration to resource definition. Contact Gold Corp’s operations are centered on advancing these properties through exploration and development activities. The company maintains a website at www.contactgold.com for further information. The firm’s activities are concentrated on identifying and developing gold mineralization within its targeted properties in the Carlin trend region. Contact Gold is one of the most popular companies on Eulerpool.

ROA Details

Understanding Contact Gold's Return on Assets (ROA)

Contact 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 Contact 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 Contact 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 Contact 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 Contact Gold stock

Return on Assets (ROA) of Contact Gold is -10.40 % in 2022.

Return on Assets (ROA) of Contact Gold changed from -17.67 % to -10.40 %, representing a -41.13% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Contact Gold since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

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

To evaluate Return on Assets (ROA)'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 Assets (ROA).

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Profitability — Contact Gold

All Key Metrics — Contact Gold