Tanami Gold NL

Tanami Gold NLverified

TAM.AX

Price:

$0.03

Market Cap:

$35.25M

Tanami Gold NL, together with its subsidiaries, engages in the exploration and evaluation of gold properties in Australia. Its flagship project is the Central Tanami project covering an area of 2,211 square kilometers located in the Tanami Region of the Northern Territory. The company was incorporated in 1968 and is based in South Perth, Australia.[Read more]

Industry

Gold

IPO Date

1988-01-31

Stock Exchange

ASX

Ticker

TAM.AX

The ROE as of January 2025 (TTM) for Tanami Gold NL (TAM.AX) is -0.01%

According to Tanami Gold NL’s latest financial reports and current stock price. The company's current ROE is -0.01%. This represents a change of -99.22% compared to the average of -1.65% of the last 4 quarters.

Tanami Gold NL (TAM.AX) Historical ROE (quarterly & annually)

How has TAM.AX ROE performed in the past?

The mean historical ROE of Tanami Gold NL over the last ten years is 3.37%. The current -0.01% ROE has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), TAM.AX's ROE was at its highest in in the June 2019 quarter at 254.67%. The ROE was at its lowest in in the March 2013 quarter at -80906.83%.

Quarterly (TTM)
Annual

Average

3.37%

Median

-1.43%

Minimum

-2083.05%

Maximum

35.87%

Tanami Gold NL (TAM.AX) ROE by Quarter and Year

Discovering the peaks and valleys of Tanami Gold NL 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 = 33.51%

Maximum Annual ROE = 35.87%

Minimum Annual Increase = -1821.81%

Minimum Annual ROE = -2083.05%

Quarterly (TTM)
Annual
YearROEChange
2024-0.01%-99.80%
2023-6.64%-144.84%
202214.81%-620.45%
2021-2.85%-826.89%
20200.39%-100.00%
201935.87%-1821.81%
2018-2083.05%33.51%
2017-6.20%-110.68%
201658.04%-162.31%
2015-93.14%-34.94%

Tanami Gold NL (TAM.AX) Average ROE

How has TAM.AX ROE performed in the past?

The current ROE of Tanami Gold NL (TAM.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.72%

5-year avg

1.14%

10-year avg

3.37%

Tanami Gold NL (TAM.AX) ROE vs. Peers

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

Tanami Gold NL’s ROE is greater than Focus Minerals Limited (-19.63%), less than Tribune Resources Limited (1.83%), greater than Sipa Resources Limited (-4.09%), greater than Citigold Corporation Limited (-2.39%), greater than Red 5 Limited (-0.55%),

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