The historical rank and industry rank for Blue Star Gold's Gross Margin % or its related term are showing as below:
TSXV:BAU's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.085 * Ranked among companies with meaningful Gross Margin % only.
Blue Star Gold had a gross margin of % for the quarter that ended in Feb. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Blue Star Gold was 0.00% per year.
Blue Star Gold Gross Margin % Historical Data
The historical data trend for Blue Star Gold'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.
Competitive Comparison of Blue Star Gold's Gross Margin %
For the Gold subindustry, Blue Star Gold'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.
Blue Star Gold's Gross Margin % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Blue Star Gold's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Blue Star Gold's Gross Margin % falls into.
* 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.
Blue Star Gold (TSXV:BAU) 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
Blue Star Gold had a gross margin of % for the quarter that ended in Feb. 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.
Blue Star Gold Gross Margin % Related Terms
Thank you for viewing the detailed overview of Blue Star Gold's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Blue Star Gold Corp is a Vancouver-based gold company focused on exploring and developing mineral projects in Canada. The company's project portfolio includes Nunavut, the Ulu gold project, and the Roma project. The company is focused on growing existing mineral resources at Ulu Property. The Hood River Property is the company's exploration stage and least explored property. The Hood River Property together with Ulu affords substantial exploration potential on confirmed known gold occurrences.
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