Riedel Resources Limited

Riedel Resources Limitedverified

RIE.AX

Price:

$0.033

Market Cap:

$1.83M

Riedel Resources Limited engages in the exploration and development of mineral properties in Australia, the United States, and Spain. The company explores for gold, silver, and base metal deposits. It primarily focuses on the advancement of Kingman Gold project comprising approximately 200 contiguous mining claims situated in the north-west Arizona. The company was incorporated in 2010 and is based in West Perth, Australia.[Read more]

Industry

Industrial Materials

IPO Date

2011-01-30

Stock Exchange

ASX

Ticker

RIE.AX

The ROE as of January 2025 (TTM) for Riedel Resources Limited (RIE.AX) is -98.16%

According to Riedel Resources Limited’s latest financial reports and current stock price. The company's current ROE is -98.16%. This represents a change of 125.27% compared to the average of -43.58% of the last 4 quarters.

Riedel Resources Limited (RIE.AX) Historical ROE (quarterly & annually)

How has RIE.AX ROE performed in the past?

The mean historical ROE of Riedel Resources Limited over the last ten years is -41.76%. The current -98.16% ROE has changed 135.07% with respect to the historical average. Over the past ten years (40 quarters), RIE.AX's ROE was at its highest in in the March 2016 quarter at 8.72%. The ROE was at its lowest in in the March 2014 quarter at -210174.90%.

Quarterly (TTM)
Annual

Average

-41.76%

Median

-33.36%

Minimum

-174.84%

Maximum

23.26%

Riedel Resources Limited (RIE.AX) ROE by Quarter and Year

Discovering the peaks and valleys of Riedel Resources Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.79%

Maximum Annual ROE = 23.26%

Minimum Annual Increase = -339.80%

Minimum Annual ROE = -174.84%

Quarterly (TTM)
Annual
YearROEChange
2024-174.84%1.79%
2023-9.23%-29.34%
2022-13.06%-80.33%
2021-66.41%11.19%
2020-59.72%5.73%
2019-56.49%319.47%
2018-13.47%-339.80%
20175.62%-75.86%
201623.26%-143.67%
2015-53.26%-88.82%

Riedel Resources Limited (RIE.AX) Average ROE

How has RIE.AX ROE performed in the past?

The current ROE of Riedel Resources Limited (RIE.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-65.71%

5-year avg

-64.65%

10-year avg

-41.76%

Riedel Resources Limited (RIE.AX) ROE vs. Peers

How is RIE.AX’s ROE compared to its peers?

Riedel Resources Limited’s ROE is greater than Red Mountain Mining Limited (-65.32%), greater than St George Mining Limited (-230.62%), greater than Rimfire Pacific Mining Limited (-8.38%), less than Platina Resources Limited (82.84%), less than Rox Resources Limited (-0.03%),

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