Hemlo Mining (TSX:HMMC) ROCE %: 14.60% (As of Mar. 2026)


TSX:HMMC Hemlo Mining Corp TSX:HMMC
27 GF Score
Price C$5.62
! 3 Warning Signs
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What is Hemlo Mining ROCE %?

Hemlo Mining TSX:HMMC +2.37% 27 ROCE % is 14.60% as of Mar. 2026. GuruFocus rates TSX:HMMC with a GF Score™ of 27/100. The stock has 3 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. Hemlo Mining's annualized ROCE % for the quarter that ended in Mar. 2026 was 14.60%.

Hemlo Mining  (TSX:HMMC) 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.

Hemlo Mining ROCE % Related Terms

Hemlo Mining ROCE % Historical Data

* Premium members only.

The historical data trend for Hemlo Mining'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.

Hemlo Mining ROCE % Chart

Hemlo Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.13 -21.02 -152.61 -37.79 -3.06

Hemlo Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -25.33 -34.46 -421.90 -11.00 14.60
TSX:HMMC
27GF Score
Hemlo Mining Corp TSX:HMMC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hemlo Mining ROCE % Calculation

Hemlo Mining's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-34.496/( ( (0.339 - 0.031) + (2391.529 - 135.028) )/ 2 )
=-34.496/( (0.308+2256.501)/ 2 )
=-34.496/1128.4045
=-3.06 %

Hemlo Mining's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=322.592/( ( (2391.529 - 135.028) + (2349.534 - 185.818) )/ 2 )
=322.592/( ( 2256.501 + 2163.716 )/ 2 )
=322.592/2210.1085
=14.60 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 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 14.60% mean?
Hemlo Mining (TSX:HMMC) has a ROCE % of 14.60% as of Mar. 2026.
Is Hemlo Mining's ROCE % too high?
Hemlo Mining's current ROCE % is 14.60%. Overall, Hemlo Mining has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Hemlo Mining's ROCE % compare to NEM and AU?
Hemlo Mining's ROCE % of 14.60% 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. Hemlo Mining's current ROCE % is 14.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemlo Mining stock overvalued right now?
Hemlo Mining (TSX:HMMC) has a current ROCE % of 14.60%. The current ROCE % is 14.60%. Hemlo Mining's overall GF Score™ is 27/100 with 3 warning signs to review. 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 Hemlo Mining (TSX:HMMC), the current ROCE % is 14.60% as of Mar. 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.

Hemlo Mining Business Description

Other Exchanges HMMCF:USA0URG:UKMU4:Germany
Address 390 Bay Street, Suite 1720, Toronto, ON, CAN, M5H 2Y2
Hemlo Mining Corp is a Canadian gold producer focused on the production and sale of gold, as well as related activities such as mine development and exploration. It owns the Hemlo Mine, which is a long-life, fully integrated gold mining operation located east of the town of Marathon in northwestern Ontario, Canada, along the Trans-Canada Highway and just north of Lake Superior. The Hemlo Mine produces gold from both underground and open-pit operations.
27GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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