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1911 Gold (1911 Gold) 1-Year ROIIC % : -910.56% (As of Dec. 2023)


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What is 1911 Gold 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. 1911 Gold's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was -910.56%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for 1911 Gold's 1-Year ROIIC % or its related term are showing as below:

AUMBF's 1-Year ROIIC % is ranked worse than
94.33% of 2329 companies
in the Metals & Mining industry
Industry Median: -2.28 vs AUMBF: -910.56

1911 Gold 1-Year ROIIC % Historical Data

The historical data trend for 1911 Gold's 1-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

1911 Gold 1-Year ROIIC % Chart

1911 Gold Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial -205.80 -68.33 -1,631.12 67.35 -910.56

1911 Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.35 -94.05 -238.23 -386.67 -910.56

Competitive Comparison of 1911 Gold's 1-Year ROIIC %

For the Gold subindustry, 1911 Gold's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


1911 Gold's 1-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, 1911 Gold's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where 1911 Gold's 1-Year ROIIC % falls into.



1911 Gold 1-Year ROIIC % Calculation

1911 Gold's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -4.706 (Dec. 2023) - -9.916 (Dec. 2022) )/( 23.857 (Dec. 2023) - 24.139 (Dec. 2022) )
=5.21/-0.282
=-1,847.52%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


1911 Gold  (OTCPK:AUMBF) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


1911 Gold 1-Year ROIIC % Related Terms

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1911 Gold (1911 Gold) Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1050, Vancouver, BC, CAN, V6C 3A6
1911 Gold Corp is a junior explorer that holds a highly prospective, consolidated land package totalling 55,500 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba, and also owns the True North mine and mill complex at Bissett, Manitoba, where it is reprocessing historic tailings on a seasonal basis. 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The company also owns the Tully and DentonKeefer projects near Timmins, Ontario, and intends to focus on both organic growth opportunities and accretive acquisition opportunities in North America.

1911 Gold (1911 Gold) Headlines