G2 Goldfields (TSX:GTWO) COGS-to-Revenue : 0.02 (As of Feb. 2025)

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What is G2 Goldfields COGS-to-Revenue?

G2 Goldfields's Cost of Goods Sold for the three months ended in Feb. 2025 was C$0.00 Mil. Its Revenue for the three months ended in Feb. 2025 was C$0.16 Mil.

G2 Goldfields's COGS to Revenue for the three months ended in Feb. 2025 was 0.02.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. G2 Goldfields's Gross Margin % for the three months ended in Feb. 2025 was 97.53%.

G2 Goldfields COGS-to-Revenue Historical Data

The historical data trend for G2 Goldfields'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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G2 Goldfields COGS-to-Revenue Chart

G2 Goldfields Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

COGS-to-Revenue

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0.07

0.13

0.15

0.08

0.02

G2 Goldfields Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
COGS-to-Revenue	Get a 7-Day Free Trial															0.02	0.03	0.05	-	0.02

G2 Goldfields COGS-to-Revenue Calculation

G2 Goldfields's COGS to Revenue for the fiscal year that ended in May. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.013	/	0.531
	=	0.02

G2 Goldfields's COGS to Revenue for the quarter that ended in Feb. 2025 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.004	/	0.162
	=	0.02

G2 Goldfields (TSX:GTWO) COGS-to-Revenue Explanation

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

G2 Goldfields's Gross Margin % for the three months ended in Feb. 2025 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.004 / 0.162
	=	97.53 %

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.

G2 Goldfields COGS-to-Revenue Related Terms

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G2 Goldfields Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » G2 Goldfields Inc (TSX:GTWO) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

GUYGF:USA

Address

141 Adelaide Street West, Suite 1101, Toronto, ON, CAN, M5H 3L5

Website

https://www.g2goldfields.com

G2 Goldfields Inc is a Canada-based company engaged in the business of acquiring and exploring mineral properties. The company's project portfolio includes Sandy Lake Gold Project in Canada, Aremu / Oko Gold Project in Guyana, and Peters Mine in Guyana.

Executives

Anglogold Ashanti Holdings Plc	10% Security Holder
Patrick John Sheridan	10% Security Holder, Director, Senior Officer
Daniel Joseph Noone	Director, Senior Officer
Stephen William Canning Stow	Director
Bruce Rosenberg	Director
Torben Michalsen	Senior Officer
Paul Murphy	Senior Officer
Peter James Mullens	Director

G2 Goldfields Headlines

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