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TARSF (Silver North Resources) 3-Year RORE % : 30.85% (As of Jun. 2024)


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What is Silver North Resources 3-Year RORE %?

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. Silver North Resources's 3-Year RORE % for the quarter that ended in Jun. 2024 was 30.85%.

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

TARSF's 3-Year RORE % is ranked better than
81.9% of 2160 companies
in the Metals & Mining industry
Industry Median: -10.4 vs TARSF: 30.85

Silver North Resources 3-Year RORE % Historical Data

The historical data trend for Silver North Resources'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.

* Premium members only.

Silver North Resources 3-Year RORE % Chart

Silver North Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.13 -24.29 -46.09 3.64 12.00

Silver North Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 7.35 12.00 - 41.98 30.85

Competitive Comparison of Silver North Resources's 3-Year RORE %

For the Other Precious Metals & Mining subindustry, Silver North Resources'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.


Silver North Resources's 3-Year RORE % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver North Resources's 3-Year RORE % falls into.



Silver North Resources 3-Year RORE % Calculation

Silver North Resources's 3-Year RORE % for the quarter that ended in Jun. 2024 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 )
=( -0.048--0.019 )/( -0.094-0 )
=-0.029/-0.094
=30.85 %

* 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 Jun. 2024 and 3-year before.


Silver North Resources  (OTCPK:TARSF) 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.


Silver North Resources 3-Year RORE % Related Terms

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Silver North Resources Business Description

Traded in Other Exchanges
Address
325 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 1Z7
Silver North Resources Ltd has made new silver discoveries in the Keno Hill Silver District of the Yukon at its Haldane Project, where high-grade silver has been identified in drilling at three target areas. The Company also holds the Tim silver property in southern Yukon, where partner-funded exploration has identified high-grade silver mineralization from the Silvertip mine. Silver is a critical component in today's economy due to its myriad of industrial uses. This is only expected to continue, driving long-term growth and the demand for silver. Silver North is ideally positioned to further prove out and expand upon its discoveries, at the stage of the mining development curve traditionally associated with the value increases for shareholders.

Silver North Resources Headlines