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Aurcana Silver (Aurcana Silver) Gross Margin % : 0.00% (As of Sep. 2022)


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What is Aurcana Silver Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aurcana Silver's Gross Profit for the three months ended in Sep. 2022 was $-0.04 Mil. Aurcana Silver's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, Aurcana Silver's Gross Margin % for the quarter that ended in Sep. 2022 was 0.00%.


The historical rank and industry rank for Aurcana Silver's Gross Margin % or its related term are showing as below:


AUNFF's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.29
* Ranked among companies with meaningful Gross Margin % only.

Aurcana Silver had a gross margin of % for the quarter that ended in Sep. 2022 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aurcana Silver was 0.00% per year.


Aurcana Silver Gross Margin % Historical Data

The historical data trend for Aurcana Silver's Gross Margin % 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.

* Premium members only.

Aurcana Silver Gross Margin % Chart

Aurcana Silver Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -602.76 - -

Aurcana Silver Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Gross Margin % 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 - - - - -

Competitive Comparison of Aurcana Silver's Gross Margin %

For the Silver subindustry, Aurcana Silver's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Aurcana Silver's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aurcana Silver's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aurcana Silver's Gross Margin % falls into.



Aurcana Silver Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Aurcana Silver's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.043) / 0
= %

Aurcana Silver's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.04) / 0
= %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Aurcana Silver  (OTCPK:AUNFF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Aurcana Silver had a gross margin of % for the quarter that ended in Sep. 2022 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Aurcana Silver Gross Margin % Related Terms

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Aurcana Silver (Aurcana Silver) Business Description

Traded in Other Exchanges
N/A
Address
789 West Pender Street, Suite 850, Vancouver, BC, CAN, V6C 1H2
Aurcana Silver Corp is engaged in the exploration, development, and operation of natural properties. The company's reportable segments are Ouray Project, Shafter Project, and Corporate and other segments. The company's project includes Revenue-Virginius Mine and Shafter silver property.