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Slam Exploration (Slam Exploration) 3-Year RORE % : 88.89% (As of Oct. 2023)


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What is Slam Exploration 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. Slam Exploration's 3-Year RORE % for the quarter that ended in Oct. 2023 was 88.89%.

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

SLMXF's 3-Year RORE % is ranked better than
94.41% of 2128 companies
in the Metals & Mining industry
Industry Median: -11.11 vs SLMXF: 88.89

Slam Exploration 3-Year RORE % Historical Data

The historical data trend for Slam Exploration'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.

Slam Exploration 3-Year RORE % Chart

Slam Exploration Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.59 -37.93 -38.46 -8.33 50.00

Slam Exploration Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 100.00 50.00 133.33 39.13 88.89

Competitive Comparison of Slam Exploration's 3-Year RORE %

For the Gold subindustry, Slam Exploration'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.


Slam Exploration's 3-Year RORE % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Slam Exploration's 3-Year RORE % falls into.



Slam Exploration 3-Year RORE % Calculation

Slam Exploration's 3-Year RORE % for the quarter that ended in Oct. 2023 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 )
=( -0.012-0.004 )/( -0.018-0 )
=-0.016/-0.018
=88.89 %

* 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 Oct. 2023 and 3-year before.


Slam Exploration  (OTCPK:SLMXF) 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.


Slam Exploration 3-Year RORE % Related Terms

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Slam Exploration (Slam Exploration) Business Description

Traded in Other Exchanges
Address
295 Hutchison Drive, Miramichi, NB, CAN, E1V 6C7
Slam Exploration Ltd is a mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. Some of the company's properties are Menneval Gold Project, Mt. Victor Property, and others.

Slam Exploration (Slam Exploration) Headlines

From GuruFocus

Slam Closes Acquisition of Mine Road Project

By ACCESSWIRE 09-28-2023

SLAM Discovers More Gold

By Stock market mentor Stock market mentor 01-25-2023

SLAM to Drill Gold Veins at Menneval

By Ds*** Ds*** 08-31-2022

Slam Acquires New Lithium Project

By GlobeNewswire 10-12-2023

SLAM Menneval Gold Project Samples Grade Up to 363 g/t Gold

By GlobeNewswire GlobeNewswire 10-07-2020

SLAM Announces Intention to Extend Warrants

By PurpleRose PurpleRose 07-25-2022

Slam Launches 2021 Gold Program

By GlobeNewswire GlobeNewswire 05-25-2021

SLAM Awards Diamond Drilling Contract For Maisie Gold

By GlobeNewswire GlobeNewswire 07-16-2020