HRFEF (Harfang Exploration) 3-Year RORE % : -23.44% (As of Apr. 2026)


What is Harfang Exploration 3-Year RORE %?

Harfang Exploration HRFEF 3-Year RORE % is -23.44 as of Apr. 2026. The stock has 2 warning signs investors should review. Among 2,153 Metals & Mining companies, Harfang Exploration ranks worse than 67.25% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Harfang Exploration's 3-Year RORE % for the quarter that ended in Apr. 2026 was -23.44%.

The industry rank for Harfang Exploration's 3-Year RORE % or its related term are showing as below:

HRFEF's 3-Year RORE % is ranked worse than
67.25% of 2153 companies
in the Metals & Mining industry
Industry Median: -0.53 vs HRFEF: -23.44

Harfang Exploration  (OTCPK:HRFEF) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Harfang Exploration 3-Year RORE % Related Terms


Harfang Exploration 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Harfang Exploration's 3-Year RORE % 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.

Harfang Exploration 3-Year RORE % Chart

Harfang Exploration Annual Data
Trend Oct16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.37 -3.00 -28.65 -28.83 -31.94

Harfang Exploration Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
3-Year RORE % 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 -30.39 -25.53 -29.11 -31.94 -23.44

Harfang Exploration 3-Year RORE % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Harfang Exploration's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Harfang Exploration 3-Year RORE % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Harfang Exploration's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Harfang Exploration's 3-Year RORE % falls into.



Harfang Exploration 3-Year RORE % Calculation

Harfang Exploration's 3-Year RORE % for the quarter that ended in Apr. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( -0.014--0.029 )/( -0.064-0 )
=0.015/-0.064
=-23.44 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Apr. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of -23.44 mean?
Harfang Exploration (HRFEF) has a 3-Year RORE % of -23.44 as of Apr. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Harfang Exploration and its competitors. According to the industry distribution chart, Harfang Exploration ranks #1448 out of 2153 companies in the Metals & Mining industry, placing it in the top 67.3%.
Is Harfang Exploration's 3-Year RORE % too high?
Harfang Exploration's current 3-Year RORE % is -23.44. Based on the distribution chart, Harfang Exploration ranks #1448 out of 2153 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Harfang Exploration's 3-Year RORE % compare to competitors?
According to the Metals & Mining industry distribution chart, Harfang Exploration ranks #1448 out of 2153 companies for 3-Year RORE %. This places Harfang Exploration in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Metals & Mining company?
A good 3-Year RORE % depends on the Metals & Mining industry context. However, 3-Year RORE % 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Harfang Exploration and its competitors. Harfang Exploration's current 3-Year RORE % is -23.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harfang Exploration stock overvalued right now?
Harfang Exploration (HRFEF) has a current 3-Year RORE % of -23.44. The current 3-Year RORE % is -23.44. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Harfang Exploration (HRFEF), the current 3-Year RORE % is -23.44 as of Apr. 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.

Harfang Exploration Business Description

Other Exchanges HAR:Canada
Address 1100 Avenue des Canadiens-de-Montreal, Suite 300, Montreal, QC, CAN, H3B 2S2
Harfang Exploration Inc is an exploration and evaluation stage company, is in the business of acquiring and exploring mineral properties in Canada. Its focus is currently on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Quebec for gold and lithium and in northern Ontario for gold.