Return on Equity (ROE) is often defined as a company’s net income divided by its shareholders’ equity. It is a measure of the return the equity shareholders make from the company’s income generated. That being said, the companies on our list today have managed to increase its ROE by more than 45% over the past year.
Prism Medical Ltd. (TSXV: PM) – $12.35
Medical Equipment, Supplies & Distribution
Prism Medical Ltd. is a provider of equipment and services used to move and handle mobility challenged individuals. The Company’s products are marketed under the brand names of Prism Medical, Ergosafe, Waverley Glen and Nightingale. Prism manufactures a line of products, including fixed ceiling lifts, portable ceiling lifts, floor lifts, slings, shower chairs and other ancillary patient handling products. The Company also provides sales, installation, training and maintenance services.
- Market Cap: $57,321,802
- Total Revenue (LTM): $46,488,000
- LTM ROE*: 67.4%
- Net Change in LTM ROE (1 year): 67.3%
Uranium Participation Corporation. (TSX: U) – $5.40
Uranium
Uranium Participation Corporation is a Canada-based investment company that invests all of its assets in uranium oxide in concentrates (U3O8) and uranium hexafluoride (UF6). The Company invests at least 85% of the proceeds of its equity offerings in uranium, with the primary objective of achieving appreciation in the value of its uranium holdings. The Corporation also lends its uranium to third parties from time to time. The Company’s uranium is held directly or indirectly through its subsidiary, Uranium Participation Cyprus Limited. Denison Mines Inc. (The Manager) provides general administration and management services to the Company.
- Market Cap: $639,675,107
- Total Revenue (LTM): $188,053,000
- LTM ROE*: 32.0%
- Net Change in LTM ROE (1 year): 63.6%
Claude Resources Inc. (TSX: CRJ) – $0.65
Diversified Mining
Claude Resources Inc. is a Canada-based gold producer engaged in the exploration and development of gold mineral reserves and mineral resources. It owns 100% of Seabee Gold Operation, located in northern Saskatchewan and also owns 100% of the Amisk Gold Project in northeastern Saskatchewan. The Company’s mineral property portfolio includes the Seabee Mine and Santoy Mine Complex, which are both producing gold mines, and a portfolio of exploration properties located in the Province of Saskatchewan.
- Market Cap: $133,887,699
- Total Revenue (LTM): $97,931,000
- LTM ROE*: 11.6%
- Net Change in LTM ROE (1 year): 60.5%
Lake Shore Gold Corp. (TSX: LSG) – $1.25
Gold
Lake Shore Gold Corp. (Lake Shore Gold) is a Canada-based company engaged in the operation, exploration and development of three gold complexes located in the Timmins Gold Camp in Timmins, Ontario. The Company also has exploration properties in Quebec. Lake Shore Gold is in commercial production at its Timmins West Mine and Bell Creek Mine and owns 100% of the Bell Creek Mine and Mill.
- Market Cap: $516,394,888
- Total Revenue (LTM): $273,809,000
- LTM ROE*: 6.8%
- Net Change in LTM ROE (1 year): 47.7%
Pan Orient Energy Corp. (TSXV: POE) – $1.47
Oil & Gas Exploration and Production
Pan Orient Energy Corp. is a Canada-based junior oil and gas company engaged in the exploration and development of petroleum and natural gas. The Company focuses on two primary areas, which includes exploration and development in Asia, principally in Thailand and Indonesia, and heavy oilsands exploration in northern Alberta.
- Market Cap: $81,570,502
- Total Revenue (LTM): $17,011,000
- LTM ROE*: 12.5%
- Net Change in LTM ROE (1 year): 47.0%
*Value is calculated as the Net Income Before Extraordinary Items for the last 12 months divided by the Average Total Equity. Average Total Equity is the average of Total Equity at the beginning and end of the 12-month period.
