Borealis Mining Co (TSXV:BOGO) COGS-to-Revenue : 0.98 (As of Jan. 2025)

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What is Borealis Mining Co COGS-to-Revenue?

Borealis Mining Co's Cost of Goods Sold for the three months ended in Jan. 2025 was C$1.44 Mil. Its Revenue for the three months ended in Jan. 2025 was C$1.47 Mil.

Borealis Mining Co's COGS to Revenue for the three months ended in Jan. 2025 was 0.98.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Borealis Mining Co's Gross Margin % for the three months ended in Jan. 2025 was 2.45%.

Borealis Mining Co COGS-to-Revenue Historical Data

The historical data trend for Borealis Mining Co'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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Borealis Mining Co COGS-to-Revenue Chart

Borealis Mining Co Annual Data

Trend

Jul23

Jul24

COGS-to-Revenue

0.87

Borealis Mining Co Quarterly Data
	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
COGS-to-Revenue	Get a 7-Day Free Trial			-	-	1.00	0.64	0.98

Borealis Mining Co COGS-to-Revenue Calculation

Borealis Mining Co's COGS to Revenue for the fiscal year that ended in Jul. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.189	/	1.366
	=	0.87

Borealis Mining Co's COGS to Revenue for the quarter that ended in Jan. 2025 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.436	/	1.472
	=	0.98

Borealis Mining Co (TSXV:BOGO) COGS-to-Revenue Explanation

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

Borealis Mining Co's Gross Margin % for the three months ended in Jan. 2025 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1.436 / 1.472
	=	2.45 %

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.

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Borealis Mining Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Borealis Mining Co Ltd (TSXV:BOGO) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

L4B0:Germany

Address

410 West Georgia Street, 5th Floor, Vancouver, BC, CAN, V6B 1Z3

Website

https://www.borealismining.com

Borealis Mining Co Ltd is an exploration and development stage mining company engaged in the business of acquiring and exploring mineral properties. The company's principal project is the Borealis Project which is a fully permitted silver-gold mine, absorption, desorption, and refining plant, located near Hawthorne, Nevada.

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