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McEwen Mining Inc is Among the Companies in the Gold Industry With the Lowest Return on Equity (MUX, RGLD, TAHO, NEM, GORO)

By Nick Russo

Below are the three companies in the Gold industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

McEwen Mining Inc ranks lowest with a ROE of -1,151.1%. Royal Gold Inc is next with a ROE of -549.8%. Tahoe Resources ranks third lowest with a ROE of 0.9%.

Newmont Mining follows with a ROE of 45.0%, and Gold Resource Corporation rounds out the bottom five with a ROE of 200.6%.

SmarTrend recommended that subscribers consider buying shares of Tahoe Resources on November 14th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $3.19. Since that recommendation, shares of Tahoe Resources have risen 14.1%. We continue to monitor Tahoe Resources for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest return on equity :mux mcewen mining inc royal gold inc tahoe resources newmont mining :goro gold resource corporation

Ticker(s): RGLD TAHO NEM