Orvana Minerals (Orvana Minerals) Gross Margin % : -10.01% (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Orvana Minerals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Orvana Minerals's Gross Profit for the three months ended in Dec. 2023 was $-2.02 Mil. Orvana Minerals's Revenue for the three months ended in Dec. 2023 was $20.12 Mil. Therefore, Orvana Minerals's Gross Margin % for the quarter that ended in Dec. 2023 was -10.01%.

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

ORVMF' s Gross Margin % Range Over the Past 10 Years
Min: -14.02 Med: -3.02 Max: 13.45
Current: 4.21

During the past 13 years, the highest Gross Margin % of Orvana Minerals was 13.45%. The lowest was -14.02%. And the median was -3.02%.

ORVMF's Gross Margin % is ranked worse than
80.76% of 707 companies
in the Metals & Mining industry
Industry Median: 19.03 vs ORVMF: 4.21

Orvana Minerals had a gross margin of -10.01% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Orvana Minerals was 0.00% per year.

Orvana Minerals Gross Margin % Historical Data

The historical data trend for Orvana Minerals'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.

Orvana Minerals Gross Margin % Chart

Orvana Minerals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Gross Margin %

Get a 7-Day Free Trial

-0.39

-2.07

13.45

-6.55

6.78

Orvana Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															2.94	1.22	4.57	15.69	-10.01

Competitive Comparison of Orvana Minerals's Gross Margin %

For the Other Precious Metals & Mining subindustry, Orvana Minerals'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.

Orvana Minerals's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Orvana Minerals's Gross Margin % falls into.

Orvana Minerals Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Orvana Minerals's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )	=	Gross Profit (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	6.7	/	99.122
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(99.122 - 92.397)	/	99.122
	=	6.78 %

Orvana Minerals's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-2	/	20.124
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(20.124 - 22.139)	/	20.124
	=	-10.01 %

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.

Orvana Minerals (OTCPK:ORVMF) 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

Orvana Minerals had a gross margin of -10.01% for the quarter that ended in Dec. 2023 => 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.

Orvana Minerals Gross Margin % Related Terms

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

Orvana Minerals (Orvana Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orvana Minerals Corp (OTCPK:ORVMF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

O6M:Germany ORV:Canada

Address

70 York Street, Suite 1710, Toronto, ON, CAN, M5J 1S9

Website

https://www.orvana.com

Orvana Minerals Corp is a Canadian mining and exploration company that is involved in the evaluation, development, and mining of precious and base metal deposits. The company predominantly operates in the gold and copper mining industry and its majority of the products are gold dore and gold/copper concentrates. Its properties include El Valle and Carles mines and the El Valle processing plant (collectively, El Valle), producer of copper concentrate and dore, Don Mario Operation and Taguas Property. The company's segments include Orovalle, which operates El Valle Mine in Spain, EMIPA which operates Don Mario Mine in Bolivia, Orvana Argentina and Corporate. Majority of the revenue for the company is generated from its Orovalle segment.