Orezone Gold

Orezone Gold ROA

The Return on Assets (ROA) of Orezone Gold (ORE.TO) as of Oct 16, 2026 is 12.42 %. In the previous year, Return on Assets (ROA) was 13.48 % — a change of -7.87% (lower).

ROA

12.42 %

YoY

-7.87%

Last updated:

In 2024, Orezone Gold's return on assets (ROA) was 12.42 %, a -7.87% increase from the 13.48 % ROA in the previous year.

The Orezone Gold ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2017
-59.66 USD
Jan 1, 2018
-42.53 USD
Jan 1, 2019
-123.99 USD
Jan 1, 2020
-135.77 USD
Jan 1, 2021
-13.22 USD
Jan 1, 2022
0.37 USD
Jan 1, 2023
13.48 USD
Jan 1, 2024
12.42 USD
The Orezone Gold ROA history
YEARROAYoY
12.42 %-7.87%
13.48 %+3,556.94%
0.37 %-102.79%
-13.22 %-90.27%
-135.77 %+9.50%
-123.99 %+191.54%
-42.53 %-28.72%
-59.66 %+169.01%
-22.18 %-79.49%
-108.14 %-22.61%
-139.74 %—

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Orezone Gold Stock analysis

What does Orezone Gold do? Orezone Gold Corp, listed on the TSX Venture Exchange under the ticker ORE.TO, is a mining company based in Vancouver, Canada. The company focuses on the acquisition, exploration, and development of gold properties. It went public through an IPO on February 25, 2009. Orezone employs 16 full-time staff and operates primarily in the Metals & Mining sector within the Materials industry. The company's main project is the Bombore gold project in Burkina Faso, West Africa, which it owns 90% of. The Bombore Project is an open-pit gold mine located approximately 85 kilometers east of Ouagadougou, the capital city of Burkina Faso. The project features free-digging oxide resources with underlying higher-grade sulfide resources. Orezone Gold Corp maintains a website at www.orezone.com for further information. The company has no known acquisitions, founding year, or specific product names beyond the Bombore Project. It operates as a junior mining exploration company with a focus on gold development in Burkina Faso. Orezone Gold is one of the most popular companies on Eulerpool.

ROA Details

Understanding Orezone Gold's Return on Assets (ROA)

Orezone Gold'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 Orezone Gold'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 Orezone Gold'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 Orezone Gold’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 Orezone Gold stock

Return on Assets (ROA) of Orezone Gold is 12.42 % in 2024.

Return on Assets (ROA) of Orezone Gold changed from 13.48 % to 12.42 %, representing a -7.87% change. The value is lower than the previous year.

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

All Key Metrics — Orezone Gold