E2Gold

E2Gold ROA

The Return on Assets (ROA) of E2Gold (ETU.V) as of Oct 16, 2026 is -805.62 %. In the previous year, Return on Assets (ROA) was -845.33 % — a change of -4.70% (higher).

ROA

-805.62 %

YoY

-4.70%

Last updated:

In 2024, E2Gold's return on assets (ROA) was -805.62 %, a -4.70% increase from the -845.33 % ROA in the previous year.

The E2Gold ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2019
0.00 CAD
Jan 1, 2020
-194.12 CAD
Jan 1, 2021
-45.45 CAD
Jan 1, 2022
-273.21 CAD
Jan 1, 2023
-845.33 CAD
Jan 1, 2024
-805.62 CAD
The E2Gold ROA history
YEARROAYoY
-805.62 %-4.70%
-845.33 %+209.41%
-273.21 %+501.15%
-45.45 %-76.59%
-194.12 %—
0.00—

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E2Gold Stock analysis

What does E2Gold do? E2Gold Inc is a company engaged in the exploration and development of gold, mineral, and metal properties. Headquartered in Toronto, Ontario, the company went public via an IPO on December 30, 2020. E2Gold focuses on the acquisition, exploration, and evaluation of mineral properties, with the potential to develop these properties further or dispose of them upon completion of evaluation. The company's primary projects include the Hawkins Project and the Band-Ore Project. The Hawkins Project spans approximately 701 square kilometers across 10 townships in north central Ontario, covering an area 80 kilometers in length. It is situated about 125 kilometers northeast of Hemlo and 160 kilometers west of Timmins. The project features a shallow-level Inferred Resource known as the McKinnon Zone, located in Hawkins Township. The Band-Ore Project is positioned approximately 75 kilometers west of Thunder Bay, Ontario, within Hagey and Conacher Townships. This project comprises 109 staked mining claims, 16 patented mining claims, and one mining lease. E2Gold operates within the mining sector, concentrating on the exploration and development of mineral resources in Ontario, Canada. E2Gold is one of the most popular companies on Eulerpool.

ROA Details

Understanding E2Gold's Return on Assets (ROA)

E2Gold'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 E2Gold'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 E2Gold'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 E2Gold’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 E2Gold stock

Return on Assets (ROA) of E2Gold is -805.62 % in 2024.

Return on Assets (ROA) of E2Gold changed from -845.33 % to -805.62 %, representing a -4.70% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) E2Gold 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 E2Gold 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 — E2Gold

All Key Metrics — E2Gold