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Prismo Metals (XCNQ:PRIZ) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Prismo Metals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Prismo Metals's Gross Profit for the three months ended in Mar. 2024 was C$0.00 Mil. Prismo Metals's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Prismo Metals's Gross Margin % for the quarter that ended in Mar. 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 Prismo Metals's Gross Margin % or its related term are showing as below:


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

Prismo Metals had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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


Prismo Metals Gross Margin % Historical Data

The historical data trend for Prismo Metals'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.

Prismo Metals Gross Margin % Chart

Prismo Metals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
- - - - -

Prismo Metals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Prismo Metals's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Prismo Metals'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.


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

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

* The bar in red indicates where Prismo Metals's Gross Margin % falls into.



Prismo Metals 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.)

Prismo Metals'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
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Prismo Metals's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 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.


Prismo Metals  (XCNQ:PRIZ) 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

Prismo Metals had a gross margin of N/A% for the quarter that ended in Mar. 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.


Prismo Metals Gross Margin % Related Terms

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Prismo Metals (XCNQ:PRIZ) Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Prismo Metals Inc is engaged in the business of acquisition and exploration of mineral properties and operates in one segment, namely mineral exploration in Mexico. The company's objective is to locate and develop economic precious and base metal properties of merit. Its properties consist of the Palos Verdes Property and the Los Pavitos property.
Executives
Alain Lambert Director

Prismo Metals (XCNQ:PRIZ) Headlines

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