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Canickel Mining (Canickel Mining) Net Margin % : -56,675.00% (As of Mar. 2024)


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What is Canickel Mining Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Canickel Mining's Net Income for the three months ended in Mar. 2024 was $-4.53 Mil. Canickel Mining's Revenue for the three months ended in Mar. 2024 was $0.01 Mil. Therefore, Canickel Mining's net margin for the quarter that ended in Mar. 2024 was -56,675.00%.

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

CMLGF' s Net Margin % Range Over the Past 10 Years
Min: -93754.55   Med: -431.1   Max: 2235.71
Current: -93754.55


CMLGF's Net Margin % is not ranked
in the Metals & Mining industry.
Industry Median: 0.08 vs CMLGF: -93754.55

Canickel Mining Net Margin % Historical Data

The historical data trend for Canickel Mining's Net 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.

Canickel Mining Net Margin % Chart

Canickel Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 639.37 -1,502.93 2,233.11 - -

Canickel Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -56,675.00

Competitive Comparison of Canickel Mining's Net Margin %

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


Canickel Mining's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Canickel Mining's Net Margin % falls into.



Canickel Mining Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Canickel Mining's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-5.824/0
= %

Canickel Mining's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-4.534/0.008
=-56,675.00 %

* 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.


Canickel Mining  (OTCPK:CMLGF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Canickel Mining Net Margin % Related Terms

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Canickel Mining (Canickel Mining) Business Description

Traded in Other Exchanges
Address
999 West Hastings Street, Suite 1655, P.O.Box 35, Vancouver, BC, CAN, V6C 2W2
Canickel Mining Ltd is a mining company focused on nickel mining and related activities, including exploration and the extraction and processing of nickel-containing ore. All assets of the Company are in Canada. It is also operating running the care and maintenance program at Bucko Lake Mine to safeguard assets and carry out exploration activities. It has a single segment and is focused on nickel mining including exploration and extraction and processing of nickel-containing ore.

Canickel Mining (Canickel Mining) Headlines

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