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Premier Gold Mines (Premier Gold Mines) Operating Margin % : 5.54% (As of Dec. 2020)


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What is Premier Gold Mines Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Premier Gold Mines's Operating Income for the three months ended in Dec. 2020 was $-0.31 Mil. Premier Gold Mines's Revenue for the three months ended in Dec. 2020 was $-5.58 Mil. Therefore, Premier Gold Mines's Operating Margin % for the quarter that ended in Dec. 2020 was 5.54%.

The historical rank and industry rank for Premier Gold Mines's Operating Margin % or its related term are showing as below:

PIRGF' s Operating Margin % Range Over the Past 10 Years
Min: -38.21   Med: -16.88   Max: 13.07
Current: -29.5


PIRGF's Operating Margin % is not ranked
in the Metals & Mining industry.
Industry Median: 1.87 vs PIRGF: -29.50

Premier Gold Mines's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Premier Gold Mines's Operating Income for the three months ended in Dec. 2020 was $-0.31 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2020 was $-18.12 Mil.


Premier Gold Mines Operating Margin % Historical Data

The historical data trend for Premier Gold Mines's Operating 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.

Premier Gold Mines Operating Margin % Chart

Premier Gold Mines Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.51 13.07 -16.88 -38.21 -29.04

Premier Gold Mines Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Operating 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 -27.23 -44.47 -74.18 10.75 5.54

Competitive Comparison of Premier Gold Mines's Operating Margin %

For the Gold subindustry, Premier Gold Mines's Operating Margin %, along with its competitors' market caps and Operating 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.


Premier Gold Mines's Operating Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Premier Gold Mines's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Premier Gold Mines's Operating Margin % falls into.



Premier Gold Mines Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Premier Gold Mines's Operating Margin % for the fiscal year that ended in Dec. 2020 is calculated as

Operating Margin %=Operating Income (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=-18.118 / 62.39
=-29.04 %

Premier Gold Mines's Operating Margin % for the quarter that ended in Dec. 2020 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2020 ) / Revenue (Q: Dec. 2020 )
=-0.309 / -5.579
=5.54 %

* 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.


Premier Gold Mines  (OTCPK:PIRGF) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Premier Gold Mines Operating Margin % Related Terms

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Premier Gold Mines (Premier Gold Mines) Business Description

Traded in Other Exchanges
N/A
Address
1100 Russell Street, Suite 200, Thunder Bay, ON, CAN, P7B 5N2
Premier Gold Mines Ltd is a mineral exploration company focused on the exploration and development of gold and silver. The company's projects portfolio includes South Arturo Property, Mercedes mine, Hardrock Gold Project, Rahill-Bonanza Property, McCoy Cove gold Property, Hasaga gold properties, and Rodeo Creek. Its operating segment includes Mercedes; and South Arturo. The company generates maximum revenue from the Mercedes mine segment. It operates in three geographical areas namely Canada, the United States, and Mexico of which Mexico derives a majority of revenue to the company.

Premier Gold Mines (Premier Gold Mines) Headlines

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