Firefinch

Firefinch ROE

Delisted·Jul 10, 2024

The Return on Equity (ROE) of Firefinch (FFX.AX) as of Nov 6, 2026 is 285.46 %. In the previous year, Return on Equity (ROE) was -16.78 % — a change of -1,801.50% (higher).

ROE

285.46 %

YoY

-1,801.50%

Last updated:

In 2022, Firefinch's return on equity (ROE) was 285.46 %, a -1,801.50% increase from the -16.78 % ROE in the previous year.

The Firefinch ROE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROE
Date
ROE
Jan 1, 2015
-9.07 AUD
Jan 1, 2016
-47.64 AUD
Jan 1, 2017
0.16 AUD
Jan 1, 2018
-15.80 AUD
Jan 1, 2019
-12.90 AUD
Jan 1, 2020
0.12 AUD
Jan 1, 2021
-16.78 AUD
Jan 1, 2022
285.46 AUD
The Firefinch ROE history
YEARROEYoY
285.46 %-1,801.50%
-16.78 %-14,397.17%
0.12 %-100.91%
-12.90 %-18.37%
-15.80 %-10,179.63%
0.16 %-100.33%
-47.64 %+425.38%
-9.07 %-94.48%
-164.29 %—

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Firefinch Stock analysis

What does Firefinch do? Firefinch Ltd. generates revenue primarily through gold production at its Morila mine in Mali, which it owns 80% of. The company evaluates lithium projects such as Goulamina in southern Mali, focusing on mineral exploration and evaluation activities. It operates within the mining sector, targeting mineral resource development in West Africa. The firm has filed for voluntary suspension, indicating a strategic pause in operations. The company's main products include gold from the Morila mine and potential lithium resources from the Goulamina project. Its primary market segments involve mineral exploration and resource development in Mali, with a focus on gold and lithium. Firefinch Ltd. is engaged in the exploration of mineral properties in West Africa, specifically targeting Mali for its operations. Firefinch Ltd. is a mining company with a significant interest in the Morila gold mine, which is a key revenue source. The Goulamina Lithium Project represents a secondary focus for future development. The company's activities are centered on Mali, where it holds exploration rights and operates its gold mine. Its business model relies on the production and evaluation of mineral resources to generate income. Firefinch is one of the most popular companies on Eulerpool.

ROE Details

Decoding Firefinch's Return on Equity (ROE)

Firefinch'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 Firefinch'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

Firefinch'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 Firefinch’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 Firefinch stock

Return on Equity (ROE) of Firefinch is 285.46 % in 2022.

Return on Equity (ROE) of Firefinch changed from -16.78 % to 285.46 %, representing a -1,801.50% change. The value is higher than the previous year.

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

All Key Metrics — Firefinch