Tanami Gold NL

Tanami Gold NL ROA

The Return on Assets (ROA) of Tanami Gold NL (TAM.AX) as of Nov 6, 2026 is -6.93 %. In the previous year, Return on Assets (ROA) was -12.15 % — a change of -42.97% (higher).

ROA

-6.93 %

YoY

-42.97%

Last updated:

In 2026, Tanami Gold NL's return on assets (ROA) was -6.93 %, a -42.97% increase from the -12.15 % ROA in the previous year.

The Tanami Gold NL ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2019
0.03 AUD
Jan 1, 2020
0.38 AUD
Jan 1, 2021
-2.74 AUD
Jan 1, 2022
13.72 AUD
Jan 1, 2023
-6.08 AUD
Jan 1, 2024
-0.01 AUD
Jan 1, 2025
-12.15 AUD
Jan 1, 2026
-6.93 AUD
The Tanami Gold NL ROA history
YEARROAYoY
-6.93 %-42.97%
-12.15 %+102,168.11%
-0.01 %-99.80%
-6.08 %-144.32%
13.72 %-601.23%
-2.74 %-824.69%
0.38 %+992.04%
0.03 %+9,516.10%
0.00-100.01%
-3.62 %-110.16%
35.65 %-258.74%
-22.46 %-62.09%
-59.25 %—

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Tanami Gold NL Stock analysis

What does Tanami Gold NL do? Tanami Gold NL is an Australian gold mining and exploration company based in Western Australia. The company was founded in 1991 as an exploration company and discovered its first gold deposits on its land in 1994. Since then, Tanami Gold NL has become a major player in the Australian mining industry. The company's business model is based on the search for and development of gold deposits. It employs a comprehensive exploration program that includes geologists, drilling, aerial surveys, and geophysics. The goal is to discover new gold deposits and develop them. Tanami Gold NL operates several mines in Western Australia, which it utilizes in various ways. The Brown Hill Mine is a small underground mine that extracts gold at an average grade of about 5 grams per tonne. The Coyote Mine has a higher production and mines gold at an average grade of 2.5 grams per tonne. However, the company's largest mine is the Central Tanami Mine, which accounts for approximately half of its total mining revenue. The products offered by Tanami Gold NL mainly include gold, which is mined and sold in various forms. The company produces both alluvial and lode gold, which are harvested and processed in different ways, resulting in different qualities and prices. The gold is sold to both local and international gold dealers and processors. Tanami Gold NL also has a division called Tanami Exploration NL, which is dedicated solely to the search for new gold deposits. This division employs innovative technologies such as drone aerial imaging analysis, as well as traditional exploration techniques such as drilling. The goal is to build a comprehensive database of potential mining deposits and better prepare the company for future exploration results. An important aspect of Tanami Gold NL is its commitment to sustainability and environmental protection. The company strives to conduct mining operations in Western Australia in a manner that minimally impacts the environment. This includes measures such as implementing more environmentally-friendly mining technologies, minimizing waste, and reducing mining and logistics emissions. Overall, Tanami Gold NL is a significant company in the Australian mining industry. With a comprehensive exploration program, multiple active mines, and a commitment to sustainability and environmental protection, Tanami Gold NL has established a strong position in the industry. By focusing on the search for new gold deposits and the production of high-quality gold, the company remains well-positioned to continue growing and achieving success in the future. Tanami Gold NL is one of the most popular companies on Eulerpool.

ROA Details

Understanding Tanami Gold NL's Return on Assets (ROA)

Tanami Gold NL'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 Tanami Gold NL'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 Tanami Gold NL'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 Tanami Gold NL’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 Tanami Gold NL stock

Return on Assets (ROA) of Tanami Gold NL is -6.93 % in 2026.

Return on Assets (ROA) of Tanami Gold NL changed from -12.15 % to -6.93 %, representing a -42.97% change. The value is higher than the previous year.

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

All Key Metrics — Tanami Gold NL