Westmount Minerals (XCNQ:WMC) COGS-to-Revenue : 0.00 (As of Sep. 2024)

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What is Westmount Minerals COGS-to-Revenue?

Westmount Minerals's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.00 Mil. Its Revenue for the three months ended in Sep. 2024 was C$0.00 Mil.

Westmount Minerals's COGS to Revenue for the three months ended in Sep. 2024 was 0.00.

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

Westmount Minerals COGS-to-Revenue Historical Data

The historical data trend for Westmount Minerals'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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Westmount Minerals COGS-to-Revenue Chart

Westmount Minerals Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

Westmount Minerals Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial										-	-	-	-	-

Westmount Minerals COGS-to-Revenue Calculation

Westmount Minerals's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

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

Westmount Minerals's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

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

Westmount Minerals (XCNQ:WMC) COGS-to-Revenue Explanation

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

Westmount Minerals's Gross Margin % for the three months ended in Sep. 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.

Westmount Minerals COGS-to-Revenue Related Terms

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Westmount Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Westmount Minerals Corp (XCNQ:WMC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

470 Granville Street, Suite 520, Vancouver, BC, CAN, V6C 1V5

Website

https://www.westmountminerals.com

Westmount Minerals Corp is engaged in the acquisition and exploration of gold property assets. The company maintains an interest in the Douay East Property and the Bell Gold Property, both located in the Casa Berardi Deformation Zone within the greater Abitibi Greenstone Belt region in the province of Quebec.