Boreal Gold (XCNQ:BGLD) ROCE %: -51.39% (As of Feb. 2026)

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XCNQ:BGLD Boreal Gold Inc XCNQ:BGLD
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What is Boreal Gold ROCE %?

Boreal Gold XCNQ:BGLD -9.52% 14 ROCE % is -51.39% as of Feb. 2026. GuruFocus rates XCNQ:BGLD with a GF Score™ of 14/100.

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. Boreal Gold's annualized ROCE % for the quarter that ended in Feb. 2026 was -51.39%.

Boreal Gold  (XCNQ:BGLD) 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.

Boreal Gold ROCE % Related Terms

Boreal Gold ROCE % Historical Data

* Premium members only.

The historical data trend for Boreal 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.

Boreal Gold ROCE % Chart

Boreal Gold Annual Data
Trend Aug22 Aug23 Aug24 Aug25
ROCE %
0.00 -1,522.22 -293.39 -1,299.25

Boreal Gold Quarterly Data
Aug22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -206.45 -1,092.22 -845.86 0.00 -51.39
XCNQ:BGLD
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Boreal Gold Inc XCNQ:BGLD
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Boreal Gold ROCE % Calculation

Boreal Gold's annualized ROCE % for the fiscal year that ended in Aug. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=-0.864/( ( (0.384 - 0.234) + (0.332 - 0.349) )/ 2 )
=-0.864/( (0.15+-0.017)/ 2 )
=-0.864/0.0665
=-1,299.25 %

Boreal Gold's ROCE % of for the quarter that ended in Feb. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=-0.684/( ( (0.233 - 0.287) + (3.092 - 0.376) )/ 2 )
=-0.684/( ( -0.054 + 2.716 )/ 2 )
=-0.684/1.331
=-51.39 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 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 -51.39% mean?
Boreal Gold (XCNQ:BGLD) has a ROCE % of -51.39% as of Feb. 2026.
Is Boreal Gold's ROCE % too high?
Boreal Gold's current ROCE % is -51.39%. Overall, Boreal Gold has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Boreal Gold's ROCE % compare to NEM and AU?
Boreal Gold's ROCE % of -51.39% 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. Boreal Gold's current ROCE % is -51.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boreal Gold stock overvalued right now?
Boreal Gold (XCNQ:BGLD) has a current ROCE % of -51.39%. The current ROCE % is -51.39%. Boreal Gold's overall GF Score™ is 14/100. 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 Boreal Gold (XCNQ:BGLD), the current ROCE % is -51.39% as of Feb. 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.

Boreal Gold Business Description

Address 12 Mitchell Road, Box 306, Flin Flon, Winnipeg, MB, CAN, R8A 1N1
Boreal Gold Inc is an exploration and development Company. The company is engaged in exploring and developing the copper-zinc gold deposits in Snow Lake Manitoba via two primary target areas, the Melgurd property, and the Fay Lake property. The company focuses on gold in the Flin Flon Mining Camp of Manitoba and Saskatchewan.
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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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