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Panoro Minerals (Panoro Minerals) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Panoro Minerals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Panoro Minerals's Gross Profit for the three months ended in Dec. 2023 was $-0.04 Mil. Panoro Minerals's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Panoro Minerals's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%.


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


POROF's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.22
* Ranked among companies with meaningful Gross Margin % only.

Panoro Minerals had a gross margin of % for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Panoro Minerals Gross Margin % Historical Data

The historical data trend for Panoro Minerals'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.

Panoro Minerals Gross Margin % Chart

Panoro Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
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Panoro Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Panoro Minerals's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Panoro Minerals'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.


Panoro Minerals's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Panoro Minerals's Gross Margin % falls into.



Panoro Minerals Gross Margin % Calculation

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

Panoro Minerals's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-0.1 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.093) / 0
= %

Panoro Minerals's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.042) / 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.


Panoro Minerals  (OTCPK:POROF) 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

Panoro Minerals had a gross margin of % for the quarter that ended in Dec. 2023 => 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.


Panoro Minerals Gross Margin % Related Terms

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Panoro Minerals (Panoro Minerals) Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 480, One Bentall Centre, Vancouver, BC, CAN, V7X 1M3
Panoro Minerals Ltd is a Canada-based exploration stage company engaged in the exploration and acquisition of mineral properties. The organization has one operating segment, Mineral exploration. The company's projects include Antilla, Cotabambas, and others. All of the company's exploration and evaluation assets are located in Peru.

Panoro Minerals (Panoro Minerals) Headlines