Odyssey Gold

Odyssey Gold ROE

The Return on Equity (ROE) of Odyssey Gold (ODY.AX) as of Oct 17, 2026 is -61.13 %. In the previous year, Return on Equity (ROE) was -18.06 % — a change of 238.52% (lower).

ROE

-61.13 %

YoY

238.52%

Last updated:

In 2026, Odyssey Gold's return on equity (ROE) was -61.13 %, a 238.52% increase from the -18.06 % ROE in the previous year.

The Odyssey Gold ROE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROE
Date
ROE
Jan 1, 2019
1.80 AUD
Jan 1, 2020
1.14 AUD
Jan 1, 2021
-22.38 AUD
Jan 1, 2022
-95.59 AUD
Jan 1, 2023
-35.49 AUD
Jan 1, 2024
-17.27 AUD
Jan 1, 2025
-18.06 AUD
Jan 1, 2026
-61.13 AUD
The Odyssey Gold ROE history
YEARROEYoY
-61.13 %+238.52%
-18.06 %+4.56%
-17.27 %-51.34%
-35.49 %-62.87%
-95.59 %+327.10%
-22.38 %-2,069.75%
1.14 %-36.87%
1.80 %-894.97%
-0.23 %-87.40%
-1.80 %-71.42%
-6.29 %-3.99%
-6.55 %-79.83%
-32.47 %—

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Odyssey Gold Stock analysis

What does Odyssey Gold do? Odyssey Gold Ltd, listed on the Australian Securities Exchange under the ticker ODY.AX, is a company operating in the Materials sector, specifically within Metals & Mining. Headquartered in Perth, Western Australia, the company conducted its initial public offering on November 30, 2005. Odyssey Gold focuses on gold exploration, with its primary operations centered in the Murchison Goldfields region. The company holds a significant land position of approximately 159 square kilometers within this area, which is known for hosting a substantial gold endowment estimated at 35 million ounces. Odyssey Gold has an 80% interest in the Tuckanarra and Stakewell gold projects, collectively referred to as the Tuckanarra Project. The Tuckanarra Project is situated between Meekatharra and Mount Magnet, near several gold processing facilities along the Great Northern Highway. The project area features four open pits, minor gold workings, and prospecting pits linked to quartz veins and mafic and banded iron formations. The Stakewell Project is hosted within quartz veins, quartz reef, and porphyry formations. The company has undertaken a Phase 2a drill program involving approximately 20,500 meters of reverse circulation drilling and 4,500 meters of diamond core drilling to further explore and develop its mineral resources. Odyssey Gold is one of the most popular companies on Eulerpool.

ROE Details

Decoding Odyssey Gold's Return on Equity (ROE)

Odyssey Gold'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 Odyssey Gold'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

Odyssey Gold'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 Odyssey Gold’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 Odyssey Gold stock

Return on Equity (ROE) of Odyssey Gold is -61.13 % in 2026.

Return on Equity (ROE) of Odyssey Gold changed from -18.06 % to -61.13 %, representing a 238.52% change. The value is lower than the previous year.

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

All Key Metrics — Odyssey Gold