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Quartz Mountain Resources (Quartz Mountain Resources) 3-Year RORE % : -5.45% (As of Jan. 2024)


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What is Quartz Mountain Resources 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Quartz Mountain Resources's 3-Year RORE % for the quarter that ended in Jan. 2024 was -5.45%.

The industry rank for Quartz Mountain Resources's 3-Year RORE % or its related term are showing as below:

QZMRF's 3-Year RORE % is ranked better than
60.07% of 2134 companies
in the Metals & Mining industry
Industry Median: -11.34 vs QZMRF: -5.45

Quartz Mountain Resources 3-Year RORE % Historical Data

The historical data trend for Quartz Mountain Resources's 3-Year RORE % 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.

Quartz Mountain Resources 3-Year RORE % Chart

Quartz Mountain Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.29 136.03 6.76 -134.75 36.00

Quartz Mountain Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
3-Year RORE % 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 45.28 53.85 36.00 8.16 -5.45

Competitive Comparison of Quartz Mountain Resources's 3-Year RORE %

For the Other Industrial Metals & Mining subindustry, Quartz Mountain Resources's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Quartz Mountain Resources's 3-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Quartz Mountain Resources's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Quartz Mountain Resources's 3-Year RORE % falls into.



Quartz Mountain Resources 3-Year RORE % Calculation

Quartz Mountain Resources's 3-Year RORE % for the quarter that ended in Jan. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( -0.01--0.013 )/( -0.055-0 )
=0.003/-0.055
=-5.45 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jan. 2024 and 3-year before.


Quartz Mountain Resources  (OTCPK:QZMRF) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Quartz Mountain Resources 3-Year RORE % Related Terms

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Quartz Mountain Resources (Quartz Mountain Resources) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Quartz Mountain Resources Ltd is in the business of exploring and developing mineral properties in Canada. It is focused on acquiring, exploring, developing, and transacting important scale gold, silver, and copper deposits in British Columbia. The firm focuses on looking for new investments and business opportunities. It has the acquisition, exploration, and evaluation of mineral properties interests segment. The projects that the company holds are Maestro, Angel's Camp Property, and Jake. All the company's assets are located in Canada.

Quartz Mountain Resources (Quartz Mountain Resources) Headlines

From GuruFocus

Quartz Mountain Closes $550,000 Private Placement

By ACCESSWIRE ACCESSWIRE 10-27-2022

Quartz Mountain Announces Grant of Stock Options

By ACCESSWIRE ACCESSWIRE 10-31-2022

Quartz Mountain Completes Purchase of BC Mineral Project

By ACCESSWIRE ACCESSWIRE 07-07-2021

Quartz Mountain Announces $500,000 Private Placement

By PRNewswire PRNewswire 12-30-2019

Quartz Mountain Sells Royalty

By ACCESSWIRE ACCESSWIRE 02-04-2021

Quartz Mountain Purchases BC Mineral Claims

By ACCESSWIRE ACCESSWIRE 06-10-2021

Quartz Mountain Announces Grant of Stock Options

By ACCESSWIRE ACCESSWIRE 01-12-2022