mCloud Technologies is an exploration stage company. Co. has not yet determined whether the property contain ore reserves that are economically recoverable. The recoverability of amounts shown for exploration and evaluation assets is dependent upon the discovery of economically recoverable reserves, confirmation of Co.'s interest in the underlying mineral claims, the ability of Co. to obtain the necessary financing to complete the development, and upon future profitable production from the properties or realizing proceeds from their disposition. The MCLD average annual return since 2021 is shown above.
The Average Annual Return on the MCLD average annual return since 2021 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether MCLD average annual return since 2021 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the MCLD average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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