Sixty North Gold Mining (FRA:2F40) EBIT: €-0.65 Mil (TTM As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:2F40 Sixty North Gold Mining Ltd FRA:2F40
35 GF Score
Price €0.08
! 1 Warning Sign
View Full Analysis

What is Sixty North Gold Mining EBIT?

Sixty North Gold Mining FRA:2F40 +8.16% 35 EBIT is €-0.65 Mil as of Apr. 2026. GuruFocus rates FRA:2F40 with a GF Score™ of 35/100. The stock has 1 warning sign investors should review.

Sixty North Gold Mining's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2026 was €-0.12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was €-0.65 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sixty North Gold Mining's annualized ROC % for the quarter that ended in Apr. 2026 was -6.88%. Sixty North Gold Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -7.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sixty North Gold Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -9.31%.


Sixty North Gold Mining  (FRA:2F40) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Sixty North Gold Mining's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=-0.492 * ( 1 - 0% )/( (6.563 + 7.736)/ 2 )
=-0.492/7.1495
=-6.88 %

where

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Sixty North Gold Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.496/( ( (6.3 + max(-0.097, 0)) + (7.256 + max(-0.374, 0)) )/ 2 )
=-0.496/( ( 6.3 + 7.256 )/ 2 )
=-0.496/6.778
=-7.32 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.064) - (0.161 + 0 + 0)
=-0.097

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.036) - (0.41 + 0 + 0)
=-0.374

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Sixty North Gold Mining's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=-0.651/6.996
=-9.31 %

* 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.


Sixty North Gold Mining EBIT Related Terms


Sixty North Gold Mining EBIT Historical Data

* Premium members only.

The historical data trend for Sixty North Gold Mining's EBIT 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.

Sixty North Gold Mining EBIT Chart

Sixty North Gold Mining Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EBIT
Get a 7-Day Free Trial Premium Member Only -0.49 -0.49 -0.81 -0.21 -0.36

Sixty North Gold Mining Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EBIT 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 -0.14 -0.06 -0.13 -0.35 -0.12

FRA:2F40 vs NEM, AU: EBIT Comparison

For the Gold subindustry, Sixty North Gold Mining's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Sixty North Gold Mining EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sixty North Gold Mining's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sixty North Gold Mining's EV-to-EBIT falls into.


FRA:2F40
35GF Score
Sixty North Gold Mining Ltd FRA:2F40
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sixty North Gold Mining EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.65 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €-0.65 Mil mean?
Sixty North Gold Mining (FRA:2F40) has a EBIT of €-0.65 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sixty North Gold Mining.
Is Sixty North Gold Mining's EBIT too high?
Sixty North Gold Mining's current EBIT is €-0.65 Mil. Overall, Sixty North Gold Mining has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Sixty North Gold Mining's EBIT compare to NEM and AU?
Sixty North Gold Mining's EBIT of €-0.65 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sixty North Gold Mining. Sixty North Gold Mining's current EBIT is €-0.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sixty North Gold Mining stock overvalued right now?
Sixty North Gold Mining (FRA:2F40) has a current EBIT of €-0.65 Mil. The current EBIT is €-0.65 Mil. Sixty North Gold Mining's overall GF Score™ is 35/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Sixty North Gold Mining (FRA:2F40), the current EBIT is €-0.65 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sixty North Gold Mining Business Description

Other Exchanges SXNTF:USASXTY:Canada
Address 6120 - 185A Street, Surrey, BC, CAN, V3S 7P9
Sixty North Gold Mining Ltd is engaged in the acquisition and exploration of mineral property assets. The company entered into a mineral property earn-in agreement with New Discovery Mines. The projects of the company include the development and exploration of the Mon Gold Property.
35GF Score

Get the complete analysis for FRA:2F40

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.08
Price