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Milner Consolidated Silver Mines (TSXV:MCA.H) Gross Margin % : 0.00% (As of Sep. 2024)


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What is Milner Consolidated Silver Mines Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Milner Consolidated Silver Mines's Gross Profit for the three months ended in Sep. 2024 was C$0.00 Mil. Milner Consolidated Silver Mines's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Therefore, Milner Consolidated Silver Mines's Gross Margin % for the quarter that ended in Sep. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


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

Milner Consolidated Silver Mines had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

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


Milner Consolidated Silver Mines Gross Margin % Historical Data

The historical data trend for Milner Consolidated Silver Mines'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.

Milner Consolidated Silver Mines Gross Margin % Chart

Milner Consolidated Silver Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
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Milner Consolidated Silver Mines Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
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Competitive Comparison of Milner Consolidated Silver Mines's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Milner Consolidated Silver Mines'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.


Milner Consolidated Silver Mines's Gross Margin % Distribution in the Metals & Mining Industry

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

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


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Milner Consolidated Silver Mines Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Milner Consolidated Silver Mines'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 / 0.015
=(Revenue - Cost of Goods Sold) / Revenue
=(0.015 - 0) / 0.015
=N/A %

Milner Consolidated Silver Mines's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


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

* 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.


Milner Consolidated Silver Mines  (TSXV:MCA.H) 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

Milner Consolidated Silver Mines had a gross margin of N/A% for the quarter that ended in Sep. 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.


Milner Consolidated Silver Mines Gross Margin % Related Terms

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Milner Consolidated Silver Mines Business Description

Traded in Other Exchanges
N/A
Address
1172 Davis Drive, Suite 109, Newmarket, ON, CAN, L3Y 8X4
Website
Milner Consolidated Silver Mines Ltd is a Canada-based exploration company. It is in the business of the acquisition, exploration, and development of mineral properties that it believes may contain mineralization that will be economically recoverable in the future.

Milner Consolidated Silver Mines Headlines

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