GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Harfang Exploration Inc (TSXV:HAR) » Definitions » Gross Margin %

Harfang Exploration (TSXV:HAR) Gross Margin % : 0.00% (As of Oct. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Harfang Exploration Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Harfang Exploration's Gross Profit for the three months ended in Oct. 2024 was C$-0.01 Mil. Harfang Exploration's Revenue for the three months ended in Oct. 2024 was C$0.00 Mil. Therefore, Harfang Exploration's Gross Margin % for the quarter that ended in Oct. 2024 was 0.00%.


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


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

Harfang Exploration had a gross margin of % for the quarter that ended in Oct. 2024 => No sustainable competitive advantage

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


Harfang Exploration Gross Margin % Historical Data

The historical data trend for Harfang Exploration'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.

Harfang Exploration Gross Margin % Chart

Harfang Exploration Annual Data
Trend Oct14 Oct15 Oct16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Harfang Exploration Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 Harfang Exploration's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Harfang Exploration'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.


Harfang Exploration's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Harfang Exploration's Gross Margin % falls into.


;
;

Harfang Exploration Gross Margin % Calculation

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

Harfang Exploration's Gross Margin for the fiscal year that ended in Jan. 2024 is calculated as

Gross Margin % (A: Jan. 2024 )=Gross Profit (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.03) / 0
= %

Harfang Exploration's Gross Margin for the quarter that ended in Oct. 2024 is calculated as


Gross Margin % (Q: Oct. 2024 )=Gross Profit (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.01) / 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.


Harfang Exploration  (TSXV:HAR) 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

Harfang Exploration had a gross margin of % for the quarter that ended in Oct. 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.


Harfang Exploration Gross Margin % Related Terms

Thank you for viewing the detailed overview of Harfang Exploration's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Harfang Exploration Business Description

Traded in Other Exchanges
Address
1100 Avenue des Canadiens-de-Montreal, Suite 300, Montreal, QC, CAN, H3B 2S2
Harfang Exploration Inc is an exploration and evaluation stage company. The company is engaged in the business of acquiring and exploring mineral properties in Canada. The company's focus is currently on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Quebec for gold and lithium and in northeastern Ontario for gold. Its project portfolio includes Lake Menarik, Menarik East, Serpent, Lake Fagnant, and Lake Aulneau properties, Lake Tapiatic Property, and others.
Executives
Ian James Campbell Director
Marc Pothier Senior Officer
François Goulet Director
Pierre Labbé Director or Senior Officer of 10% Security Holder
Sean Roosen Director or Senior Officer of 10% Security Holder
André Gaumond Director

Harfang Exploration Headlines

No Headlines