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Cassiar Gold (TSXV:GLDC) Gross Margin % : 0.00% (As of Dec. 2024)


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What is Cassiar Gold Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cassiar Gold's Gross Profit for the three months ended in Dec. 2024 was C$-0.03 Mil. Cassiar Gold's Revenue for the three months ended in Dec. 2024 was C$0.00 Mil. Therefore, Cassiar Gold's Gross Margin % for the quarter that ended in Dec. 2024 was 0.00%.


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


TSXV:GLDC's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 22.19
* Ranked among companies with meaningful Gross Margin % only.

Cassiar Gold 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 Cassiar Gold was 0.00% per year.


Cassiar Gold Gross Margin % Historical Data

The historical data trend for Cassiar Gold'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.

Cassiar Gold Gross Margin % Chart

Cassiar Gold Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Gross Margin %
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Cassiar Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Cassiar Gold's Gross Margin %

For the Gold subindustry, Cassiar Gold'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.


Cassiar Gold's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cassiar Gold's Gross Margin % falls into.


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Cassiar Gold Gross Margin % Calculation

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

Cassiar Gold's Gross Margin for the fiscal year that ended in Sep. 2024 is calculated as

Gross Margin % (A: Sep. 2024 )=Gross Profit (A: Sep. 2024 ) / Revenue (A: Sep. 2024 )
=-0.1 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.128) / 0
= %

Cassiar Gold'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 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.031) / 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.


Cassiar Gold  (TSXV:GLDC) 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

Cassiar Gold 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.


Cassiar Gold Gross Margin % Related Terms

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Cassiar Gold Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 1580, Vancouver, BC, CAN, V7X 1M5
Cassiar Gold Corp is focused on the district-scale Cassiar Gold Property in northern BC, Canada. The group is engaged in the exploration of gold in British Columbia, Canada. The company is focused on two assets, the Cassiar Gold Project and the Sheep Creek Gold District. The property consists of two main project areas namely Cassiar North, which hosts a substantial bulk-tonnage orogenic gold resource with expansion potential over approximately 6 km strike length; and Cassiar South, which hosts numerous high-grade epizonal quartz gold vein systems, about 25 km of historical underground workings.
Executives
Marco Ivan Baptista Roque Director, Senior Officer