Red Lake Gold (FRA:P11A) ROCE %: -12,000.00% (As of May. 2026)


What is Red Lake Gold ROCE %?

Red Lake Gold FRA:P11A ROCE % is -12,000.00% as of May. 2026. The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Red Lake Gold's annualized ROCE % for the quarter that ended in May. 2026 was -12,000.00%.

Red Lake Gold  (FRA:P11A) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Red Lake Gold ROCE % Related Terms

Red Lake Gold ROCE % Historical Data

* Premium members only.

The historical data trend for Red Lake Gold's ROCE % 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.

Red Lake Gold ROCE % Chart

Red Lake Gold Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROCE %
Get a 7-Day Free Trial Premium Member Only -18.72 -11.39 -11.35 -14.69 -16.36

Red Lake Gold Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
ROCE % 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 -70.21 -110.16 -128.47 -375.00 -12,000.00

Red Lake Gold ROCE % Calculation

Red Lake Gold's annualized ROCE % for the fiscal year that ended in Nov. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=-0.14/( ( (1.703 - 0.016) + (0.039 - 0.015) )/ 2 )
=-0.14/( (1.687+0.024)/ 2 )
=-0.14/0.8555
=-16.36 %

Red Lake Gold's ROCE % of for the quarter that ended in May. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: May. 2026 )  (Q: Feb. 2026 )(Q: May. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: May. 2026 )  (Q: Feb. 2026 )(Q: May. 2026 )
=-0.06/( ( (0.032 - 0.024) + (0.029 - 0.036) )/ 2 )
=-0.06/( ( 0.008 + -0.007 )/ 2 )
=-0.06/0.0005
=-12,000.00 %

(1) Note: The EBIT data used here is four times the quarterly (May. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -12,000.00% mean?
Red Lake Gold (FRA:P11A) has a ROCE % of -12,000.00% as of May. 2026.
Is Red Lake Gold's ROCE % too high?
Red Lake Gold's current ROCE % is -12,000.00%.
How does Red Lake Gold's ROCE % compare to NEM and AU?
Red Lake Gold's ROCE % of -12,000.00% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Red Lake Gold's current ROCE % is -12,000.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Lake Gold stock overvalued right now?
Red Lake Gold (FRA:P11A) has a current ROCE % of -12,000.00%. The current ROCE % is -12,000.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Red Lake Gold (FRA:P11A), the current ROCE % is -12,000.00% as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Red Lake Gold Business Description

Other Exchanges RGLD:Canada
Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
Red Lake Gold Inc is engaged in the acquisition and exploration of mineral properties in Canada. Its projects include Whirlwind Jack, Fenelon North, and Other projects.