Sokoman Minerals (TSXV:SIC) COGS-to-Revenue : 0.00 (As of Mar. 2024)

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What is Sokoman Minerals COGS-to-Revenue?

Sokoman Minerals's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.00 Mil. Its Revenue for the three months ended in Mar. 2024 was C$0.00 Mil.

Sokoman Minerals's COGS to Revenue for the three months ended in Mar. 2024 was 0.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Sokoman Minerals's Gross Margin % for the three months ended in Mar. 2024 was N/A%.

Sokoman Minerals COGS-to-Revenue Historical Data

The historical data trend for Sokoman Minerals's COGS-to-Revenue 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.

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Sokoman Minerals COGS-to-Revenue Chart

Sokoman Minerals Annual Data

Trend

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Jun23

COGS-to-Revenue

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Sokoman Minerals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															-	-	-	-	-

Sokoman Minerals COGS-to-Revenue Calculation

Sokoman Minerals's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.001	/	0
	=

Sokoman Minerals's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	0
	=

Sokoman Minerals (TSXV:SIC) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Sokoman Minerals's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0 / 0
	=	N/A %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Sokoman Minerals COGS-to-Revenue Related Terms

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Sokoman Minerals (TSXV:SIC) Business Description

Industry

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SICNF:USA 3PJ1:Germany

Address

82 Richmond Street East, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1

Website

https://www.sokomanmineralscorp.com

Sokoman Minerals Corp is a discovery-oriented company with projects in the province of Newfoundland and Labrador, Canada. The company's primary focus is its portfolio of gold projects: flagship, advanced-stage Moosehead, Crippleback Lake, and East Alder along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project in north-central Newfoundland that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The company has also entered into a strategic alliance (the Alliance) with Benton Resources through three large-scale joint-venture properties including Grey River Gold, Golden Hope and Kepenkeck on the island of Newfoundland.

Executives