DMIFF (Diamcor Mining) Gross Margin %: 0.00% (As of Dec. 2024)


DMIFF Diamcor Mining Inc DMIFF
18 GF Score
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What is Diamcor Mining Gross Margin %?

Diamcor Mining DMIFF 18 Gross Margin % is 0.00% as of Dec. 2024. GuruFocus rates DMIFF with a GF Score™ of 18/100.

Gross Margin % is calculated as gross profit divided by its revenue. Diamcor Mining's Gross Profit for the three months ended in Dec. 2024 was $-0.16 Mil. Diamcor Mining's Revenue for the three months ended in Dec. 2024 was $0.00 Mil. Therefore, Diamcor Mining's Gross Margin % for the quarter that ended in Dec. 2024 was 0.00%.


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


DMIFF's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 26.15
* Ranked among companies with meaningful Gross Margin % only.

Diamcor Mining had a gross margin of % for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

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


Diamcor Mining  (OTCPK:DMIFF) 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

Diamcor Mining had a gross margin of % for the quarter that ended in Dec. 2024 => 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.


Diamcor Mining Gross Margin % Related Terms


Diamcor Mining Gross Margin % Historical Data

* Premium members only.

The historical data trend for Diamcor Mining'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.

Diamcor Mining Gross Margin % Chart

Diamcor Mining Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.65 17.04 26.21 50.13 -127.47

Diamcor Mining Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -605.00 9,200.00 0.00 0.00 0.00

DMIFF vs AUMN, HL: Gross Margin % Comparison

For the Other Precious Metals & Mining subindustry, Diamcor Mining'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.


Diamcor Mining Gross Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Diamcor Mining's Gross Margin % falls into.


DMIFF
18GF Score
Diamcor Mining Inc DMIFF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Diamcor Mining Gross Margin % Calculation

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

Diamcor Mining's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=-1.1 / 0.83
=(Revenue - Cost of Goods Sold) / Revenue
=(0.83 - 1.888) / 0.83
=-127.47 %

Diamcor Mining's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=-0.2 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.163) / 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
Diamcor Mining (DMIFF) has a Gross Margin % of 0.00% as of Dec. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Diamcor Mining and its competitors.
Is Diamcor Mining's Gross Margin % too high?
Diamcor Mining's current Gross Margin % is 0.00%. Overall, Diamcor Mining has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Diamcor Mining's Gross Margin % compare to AUMN and HL?
Diamcor Mining's Gross Margin % of 0.00% can be compared against companies in the Metals & Mining industry. The industry median Gross Margin % is 26.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.15, based on 729 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Diamcor Mining and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diamcor Mining's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamcor Mining stock overvalued right now?
Diamcor Mining (DMIFF) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Diamcor Mining's overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Diamcor Mining (DMIFF), the current Gross Margin % is 0.00% as of Dec. 2024. 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.

Diamcor Mining Business Description

Address 1620 Dickson Avenue, Suite 630, Kelowna, BC, CAN, V1Y 9Y2
Diamcor Mining Inc is a mining and exploration company. It is engaged in the identification, acquisition, exploration, evaluation, operation, and advancement of diamond-based resource properties with a specific focus on the mining segment of the diamond industry through its subsidiaries. Some of its projects include the Krone-Endora at Venetia project. Geographically, it operates in Canada and South Africa.
18GF Score

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

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