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Scandium International Mining (Scandium International Mining) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Scandium International Mining Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Scandium International Mining's Gross Profit for the three months ended in Mar. 2024 was $0.00 Mil. Scandium International Mining's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Scandium International Mining's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Scandium International Mining's Gross Margin % or its related term are showing as below:


SCYYF's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.22
* Ranked among companies with meaningful Gross Margin % only.

Scandium International Mining had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Scandium International Mining was 0.00% per year.


Scandium International Mining Gross Margin % Historical Data

The historical data trend for Scandium International Mining's Gross Margin % 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.

Scandium International Mining Gross Margin % Chart

Scandium International Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
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Scandium International Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Scandium International Mining's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Scandium International Mining's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Scandium International Mining's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Scandium International Mining's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Scandium International Mining's Gross Margin % falls into.



Scandium International Mining Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Scandium International Mining's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Scandium International Mining's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Scandium International Mining  (OTCPK:SCYYF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Scandium International Mining had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Scandium International Mining Gross Margin % Related Terms

Thank you for viewing the detailed overview of Scandium International Mining's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Scandium International Mining (Scandium International Mining) Business Description

Traded in Other Exchanges
Address
1390 Ione Pass Trail, Reno, NV, USA, 89523
Scandium International Mining Corp is a mineral exploration and development company. The company is focused on the development of scandium, rare earth minerals, and other specialty metals, including nickel, cobalt, boron, manganese, tantalum, titanium, and zirconium. Its principal project is the Nyngan Scandium Project located in New South Wales, Australia. The company also operates the Honeybugle Scandium Project.
Executives
Peter Banghart Evensen director C/O SCANDIUM INTERNATIONAL MINING CORP., 1430 GREG STREET, SUITE 501, SPARKS NV 89431
Rolf Christian Evensen director C/O SCANDIUM INTERNATIONAL MINING CORP., 1430 GREG STREET, SUITE 501, SPARKS NV 89431
Scandium Investments Llc 10 percent owner C/O SHENASSA & COMPANY, 11620 WILSHIRE BLVD., SUITE 460, LOS ANGELES CA 90025
Nigel J. Ricketts officer: Vice President 453 GEORGE HOLT DRIVE, MT CROSBY, QLD C3 4306
Andrew Carlyle Greig director 1 MACQUARIE ST, TENERIFFE, QLD C3 4005
James Richard Rothwell director 472 S STATE STREET, SUITE 201, BELLINGHAM WA 98225
Kudu Partners Lp 10 percent owner 2310 N. MOLTER ROAD, #309, LIBERTY LAKE WA 99019
Adam Knight officer: Vice President 552 12TH STREET, ELKO NV 89801
John Grubb director 8325 OLD AZTEC HIGHWAY, FLORA VISTA NM 87415
Warren K. Davis director 10553 SNOW SHOE CIRCLE, TRUCKEE CA 96161
Edward H Dickinson officer: Chief Financial Officer 1430 GREG ST. STE. 501, SPARKS NV 89431
Daniel E Wolfus director 10350 WILSHIRE BLVD, #1604, LOS ANGELES CA 90024
Michael C. O'brien officer: CFO 888 DUNSMUIR STREET, 11TH FLOOR, VANCOUVER A1 V6C 3K4
Barry T. Davies director #502 - 1430 GREY STREET, SPARKS NV 89431
George F. Putnam director, officer: CEO & President #502 - 1430 GREG STREET, SPARKS NV 89431

Scandium International Mining (Scandium International Mining) Headlines