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SPAZF (Spanish Mountain Gold) Gross-Profit-to-Asset % : -0.08% (As of Sep. 2024)


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What is Spanish Mountain Gold Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Spanish Mountain Gold's annualized Gross Profit for the quarter that ended in Sep. 2024 was $-0.06 Mil. Spanish Mountain Gold's average Total Assets over the quarter that ended in Sep. 2024 was $73.24 Mil. Therefore, Spanish Mountain Gold's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was -0.08%.


Spanish Mountain Gold Gross-Profit-to-Asset % Historical Data

The historical data trend for Spanish Mountain Gold's Gross-Profit-to-Asset % 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.

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Spanish Mountain Gold Gross-Profit-to-Asset % Chart

Spanish Mountain Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.10 -0.09 -0.07 -0.08

Spanish Mountain Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross-Profit-to-Asset % 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 -0.07 -0.08 -0.08 -0.08 -0.08

Competitive Comparison of Spanish Mountain Gold's Gross-Profit-to-Asset %

For the Gold subindustry, Spanish Mountain Gold's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Spanish Mountain Gold's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Spanish Mountain Gold's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Spanish Mountain Gold's Gross-Profit-to-Asset % falls into.



Spanish Mountain Gold Gross-Profit-to-Asset % Calculation

Spanish Mountain Gold's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-0.057/( (69.307+72.491)/ 2 )
=-0.057/70.899
=-0.08 %

Spanish Mountain Gold's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-0.056/( (72.935+73.546)/ 2 )
=-0.056/73.2405
=-0.08 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Spanish Mountain Gold Gross-Profit-to-Asset % Related Terms

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Spanish Mountain Gold Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 910, Vancouver, BC, CAN, V6E 3V6
Spanish Mountain Gold Ltd is an exploration stage resource company. It is focused on de-risking and optimizing its Spanish Mountain gold project in southern central British Columbia. The company has one operating segment being the Mineral exploration, and all of its long-term assets are located in Canada.

Spanish Mountain Gold Headlines