Newrange Gold Return on Equity

Newrange Gold (NRGOF) currently reports a ROE of -96.6%. That is below the Materials sector average of 19.3%. Use the charts on this page to explore Newrange Gold's ROE history and peer comparisons.

Newrange Gold's ROE of -96.6% is lower than the Materials sector average of 19.3%. That is roughly 600.5% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

There is no universal 'good' ROE, but Newrange Gold's current -96.6% should be judged against Materials norms (sector average: 19.3%) and against NRGOF's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.

Start with the current ROE of -96.6%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Materials average is 19.3%. From there, open related valuation or income-statement pages for Newrange Gold, and consider following NRGOF for alerts when major investors trade the stock.

Newrange Gold is classified in the Materials sector. On ROE, it currently shows -96.6% versus a sector average near 19.3%. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Materials are usually more informative than comparing NRGOF with unrelated industries.