MQMIF (MetalQuest Mining) COGS-to-Revenue : 0.00 (As of Apr. 2024)

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What is MetalQuest Mining COGS-to-Revenue?

MetalQuest Mining's Cost of Goods Sold for the three months ended in Apr. 2024 was $0.00 Mil. Its Revenue for the three months ended in Apr. 2024 was $0.00 Mil.

MetalQuest Mining's COGS to Revenue for the three months ended in Apr. 2024 was 0.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. MetalQuest Mining's Gross Margin % for the three months ended in Apr. 2024 was N/A%.

MetalQuest Mining COGS-to-Revenue Historical Data

The historical data trend for MetalQuest Mining's COGS-to-Revenue 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.

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MetalQuest Mining COGS-to-Revenue Chart

MetalQuest Mining Annual Data

Trend

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COGS-to-Revenue

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MetalQuest Mining Quarterly Data
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MetalQuest Mining COGS-to-Revenue Calculation

MetalQuest Mining's COGS to Revenue for the fiscal year that ended in Jan. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	0
	=

MetalQuest Mining's COGS to Revenue for the quarter that ended in Apr. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	0
	=

MetalQuest Mining (OTCPK:MQMIF) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

MetalQuest Mining's Gross Margin % for the three months ended in Apr. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0 / 0
	=	N/A %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

MetalQuest Mining COGS-to-Revenue Related Terms

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MetalQuest Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MetalQuest Mining Inc (OTCPK:MQMIF) » Definitions » COGS-to-Revenue

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MQM:Canada

Address

101 - 2148 West 38th Avenue, Vancouver, BC, CAN, V6M 1R9

Website

https://www.metalquestmining.com

MetalQuest Mining Inc is an exploration stage company engaged in the acquisition, exploration, and development of mineral properties in Canada with the view of developing them to a stage where it can be exploited at a profit or to arrange joint ventures whereby other companies provide funding for development and exploration. The company projects include Murray Brook Project and Lac Otelnuk Iron Ore Project.

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