Legacy Gold Mines (TSXV:LEGY) ROCE %: -128.13% (As of Mar. 2026)


TSXV:LEGY Legacy Gold Mines Ltd TSXV:LEGY
15 GF Score
Price C$0.90
! 2 Warning Signs
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What is Legacy Gold Mines ROCE %?

Legacy Gold Mines TSXV:LEGY 15 ROCE % is -128.13% as of Mar. 2026. GuruFocus rates TSXV:LEGY with a GF Score™ of 15/100. 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. Legacy Gold Mines's annualized ROCE % for the quarter that ended in Mar. 2026 was -128.13%.

Legacy Gold Mines  (TSXV:LEGY) 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.

Legacy Gold Mines ROCE % Related Terms

Legacy Gold Mines ROCE % Historical Data

* Premium members only.

The historical data trend for Legacy Gold Mines'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.

Legacy Gold Mines ROCE % Chart

Legacy Gold Mines Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
0.00 -1.11 -28.04 -52.07 -127.57

Legacy Gold Mines Quarterly Data
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 -65.28 -62.24 -178.00 -253.70 -128.13
TSXV:LEGY
15GF Score
Legacy Gold Mines Ltd TSXV:LEGY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Legacy Gold Mines ROCE % Calculation

Legacy Gold Mines'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 )
=-2.281/( ( (2.937 - 0.128) + (0.966 - 0.199) )/ 2 )
=-2.281/( (2.809+0.767)/ 2 )
=-2.281/1.788
=-127.57 %

Legacy Gold Mines'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 )
=-1.64/( ( (0.966 - 0.199) + (2.434 - 0.641) )/ 2 )
=-1.64/( ( 0.767 + 1.793 )/ 2 )
=-1.64/1.28
=-128.13 %

(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 -128.13% mean?
Legacy Gold Mines (TSXV:LEGY) has a ROCE % of -128.13% as of Mar. 2026.
Is Legacy Gold Mines' ROCE % too high?
Legacy Gold Mines' current ROCE % is -128.13%. Overall, Legacy Gold Mines has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Legacy Gold Mines' ROCE % compare to NEM and AU?
Legacy Gold Mines' ROCE % of -128.13% 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. Legacy Gold Mines's current ROCE % is -128.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Gold Mines stock overvalued right now?
Legacy Gold Mines (TSXV:LEGY) has a current ROCE % of -128.13%. The current ROCE % is -128.13%. Legacy Gold Mines' overall GF Score™ is 15/100 with 2 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 Legacy Gold Mines (TSXV:LEGY), the current ROCE % is -128.13% 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.

Legacy Gold Mines Business Description

Address 421 7th Avenue SW, 30th Floor, Calgary, AB, CAN, T2P 4K9
Legacy Gold Mines Ltd is an exploration company. Its property includes Baner Gold project located in Idaho County, Idaho, USA.
15GF 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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