GORIF (Golden Ridge Resources) ROE % Adjusted to Book Value: 119.46% (As of Mar. 2026)


What is Golden Ridge Resources ROE % Adjusted to Book Value?

Golden Ridge Resources GORIF ROE % Adjusted to Book Value is 119.46% as of Mar. 2026.

Golden Ridge Resources's ROE % for the quarter that ended in Mar. 2026 was 57.34%. Golden Ridge Resources's PB Ratio for the quarter that ended in Mar. 2026 was 0.48. Golden Ridge Resources's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 119.46%.

Golden Ridge Resources ROE % Adjusted to Book Value Related Terms

Golden Ridge Resources ROE % Adjusted to Book Value Historical Data

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The historical data trend for Golden Ridge Resources's ROE % Adjusted to Book Value 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.

Golden Ridge Resources ROE % Adjusted to Book Value Chart

Golden Ridge Resources Annual Data
Trend Mar16 Mar17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -44.29 -28.64 -49.45 -11.00 -11.03

Golden Ridge Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 11.29 -19.64 -10.96 -22.54 119.46

GORIF vs HL: ROE % Adjusted to Book Value Comparison

For the Other Precious Metals & Mining subindustry, Golden Ridge Resources's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Golden Ridge Resources ROE % Adjusted to Book Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Golden Ridge Resources's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Golden Ridge Resources's ROE % Adjusted to Book Value falls into.


Golden Ridge Resources ROE % Adjusted to Book Value Calculation

Golden Ridge Resources's ROE % Adjusted to Book Value for the fiscal year that ended in Jun. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-8.38% / 0.76
=-11.03%

Golden Ridge Resources's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=57.34% / 0.48
=119.46%

* 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.

What does a ROE % Adjusted to Book Value of 119.46% mean?
Golden Ridge Resources (GORIF) has a ROE % Adjusted to Book Value of 119.46% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Golden Ridge Resources and its competitors.
Is Golden Ridge Resources' ROE % Adjusted to Book Value too high?
Golden Ridge Resources' current ROE % Adjusted to Book Value is 119.46%.
How does Golden Ridge Resources' ROE % Adjusted to Book Value compare to HL?
Golden Ridge Resources' ROE % Adjusted to Book Value of 119.46% 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 ROE % Adjusted to Book Value for a Metals & Mining company?
A good ROE % Adjusted to Book Value depends on the Metals & Mining industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Golden Ridge Resources and its competitors. Golden Ridge Resources's current ROE % Adjusted to Book Value is 119.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Ridge Resources stock overvalued right now?
Golden Ridge Resources (GORIF) has a current ROE % Adjusted to Book Value of 119.46%. The current ROE % Adjusted to Book Value is 119.46%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Golden Ridge Resources (GORIF), the current ROE % Adjusted to Book Value is 119.46% 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.

Golden Ridge Resources Business Description

Other Exchanges 44GG:GermanyGLDN:Canada
Address 301-1665 Ellis Street, Landmark 3, Kelowna, BC, CAN, V1Y 2B3
Golden Ridge Resources Ltd is an exploration-stage company. It is engaged in the identification, evaluation, and acquisition of mineral properties. Its current properties include mineral properties located in British Columbia and the Yukon. Its projects are Hank Property, Newfoundland, Heritage Project and North Canol. It has one reportable operating segment, being that of acquisition and exploration and evaluation activities in Canada.