Newcore Gold

Newcore Gold ROCE

The Return on Capital Employed (ROCE) of Newcore Gold (NCAU.V) as of Oct 24, 2026 is -7.71 %. In the previous year, Return on Capital Employed (ROCE) was -8.60 % — a change of -10.36% (higher).

ROCE

-7.71 %

YoY

-10.36%

Last updated:

In 2025, Newcore Gold's return on capital employed (ROCE) was -7.71 %, a -10.36% increase from the -8.60 % ROCE in the previous year.

The Newcore Gold ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2018
-3.66 CAD
Jan 1, 2019
-1.84 CAD
Jan 1, 2020
-7.27 CAD
Jan 1, 2021
-9.84 CAD
Jan 1, 2022
-6.23 CAD
Jan 1, 2023
-5.69 CAD
Jan 1, 2024
-8.60 CAD
Jan 1, 2025
-7.71 CAD
The Newcore Gold ROCE history
YEARROCEYoY
-7.71 %-10.36%
-8.60 %+51.18%
-5.69 %-8.65%
-6.23 %-36.73%
-9.84 %+35.37%
-7.27 %+295.75%
-1.84 %-49.83%
-3.66 %-45.65%
-6.74 %+72.94%
-3.90 %-9.54%
-4.31 %—

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Newcore Gold Stock analysis

What does Newcore Gold do? Newcore Gold Ltd. generates revenue through the acquisition, advancement, and development of precious mineral properties, primarily focusing on its Enchi Gold Project in Ghana. The company targets investors and stakeholders interested in exploration-stage assets located within the prolific Bibiani Shear Zone, a gold belt known for hosting several five-million-ounce gold deposits. By leveraging its approximately 216 square kilometers land package, which covers 40 kilometers of this geological feature, the firm positions itself to capitalize on the region's potential, similar to nearby assets like the Chirano mine located 50 kilometers to the north. The business model relies on the exploration and resource definition of its holdings, where the firm currently hosts an indicated mineral resource of 743,500 ounces of gold at 0.55 g/t and an inferred mineral resource of 972,000 ounces of gold at 0.65 g/t. Since the property remains substantially underexplored, with several geochemical and geophysical anomalies yet to be tested by drilling, the company aims to increase the value of its assets through further geological testing. This strategy is supported by its operational base in Vancouver, British Columbia, where it employs 19 full-time employees to manage these exploration activities. Newcore Gold is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Newcore Gold's Return on Capital Employed (ROCE)

Newcore Gold's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Newcore Gold's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Newcore Gold's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Newcore Gold’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Newcore Gold stock

Return on Capital Employed (ROCE) of Newcore Gold is -7.71 % in 2025.

Return on Capital Employed (ROCE) of Newcore Gold changed from -8.60 % to -7.71 %, representing a -10.36% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Newcore Gold since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

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

To evaluate Return on Capital Employed (ROCE)'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 Capital Employed (ROCE).

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Profitability — Newcore Gold

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