E2Gold

E2Gold ROE

The Return on Equity (ROE) of E2Gold (ETU.V) as of Oct 17, 2026 is 129.87 %. In the previous year, Return on Equity (ROE) was 412.88 % — a change of -68.54% (lower).

ROE

129.87 %

YoY

-68.54%

Last updated:

In 2024, E2Gold's return on equity (ROE) was 129.87 %, a -68.54% increase from the 412.88 % ROE in the previous year.

The E2Gold ROE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROE
Date
ROE
Jan 1, 2019
0.00 CAD
Jan 1, 2020
-443.84 CAD
Jan 1, 2021
-57.26 CAD
Jan 1, 2022
-377.95 CAD
Jan 1, 2023
412.88 CAD
Jan 1, 2024
129.87 CAD
The E2Gold ROE history
YEARROEYoY
129.87 %-68.54%
412.88 %-209.24%
-377.95 %+560.10%
-57.26 %-87.10%
-443.84 %—
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.

ROE Details

Decoding E2Gold's Return on Equity (ROE)

E2Gold'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 E2Gold'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

E2Gold'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 E2Gold’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 E2Gold stock

Return on Equity (ROE) of E2Gold is 129.87 % in 2024.

Return on Equity (ROE) of E2Gold changed from 412.88 % to 129.87 %, representing a -68.54% change. The value is lower than the previous year.

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

All Key Metrics — E2Gold