CMLGF (Canickel Mining) Gross Profit: $-0.75 Mil (TTM As of Mar. 2025)

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CMLGF Canickel Mining Ltd CMLGF
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What is Canickel Mining Gross Profit?

Canickel Mining CMLGF -100.00% 12 Gross Profit is $-0.75 Mil as of Mar. 2025. GuruFocus rates CMLGF with a GF Score™ of 12/100.

Canickel Mining's gross profit for the three months ended in Mar. 2025 was $-0.17 Mil. Canickel Mining's gross profit for the trailing twelve months (TTM) ended in Mar. 2025 was $-0.75 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Canickel Mining's gross profit for the three months ended in Mar. 2025 was $-0.17 Mil. Canickel Mining's Revenue for the three months ended in Mar. 2025 was $0.00 Mil. Therefore, Canickel Mining's Gross Margin % for the quarter that ended in Mar. 2025 was %.

Canickel Mining had a gross margin of % for the quarter that ended in Mar. 2025 => No sustainable competitive advantage


Canickel Mining  (OTCPK:CMLGF) Gross Profit 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

Canickel Mining had a gross margin of % for the quarter that ended in Mar. 2025 => No sustainable competitive advantage


Canickel Mining Gross Profit Related Terms


Canickel Mining Gross Profit Historical Data

* Premium members only.

The historical data trend for Canickel Mining's Gross Profit 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.

Canickel Mining Gross Profit Chart

Canickel Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 -0.02 -0.71 -0.80 -0.74

Canickel Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Gross Profit 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 -0.19 -0.19 -0.19 -0.20 -0.17

CMLGF vs NRHI, WOLV, ENRT: Gross Profit Comparison

For the Other Industrial Metals & Mining subindustry, Canickel Mining's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Canickel Mining Gross Profit vs Metals & Mining Industry

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

* The bar in red indicates where Canickel Mining's Gross Profit falls into.


CMLGF
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Canickel Mining Ltd CMLGF
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Canickel Mining Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Canickel Mining's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=0 - 0.74
=-0.74

Canickel Mining's Gross Profit for the quarter that ended in Mar. 2025 is calculated as

Gross Profit (Q: Mar. 2025 )=Revenue - Cost of Goods Sold
=0 - 0.168
=-0.17

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.75 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Canickel Mining's Gross Margin % for the quarter that ended in Mar. 2025 is calculated as

Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.17 / 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $-0.75 Mil mean?
Canickel Mining (CMLGF) has a Gross Profit of $-0.75 Mil as of Mar. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on Canickel Mining and its competitors.
Is Canickel Mining's Gross Profit too high?
Canickel Mining's current Gross Profit is $-0.75 Mil. Overall, Canickel Mining has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Canickel Mining's Gross Profit compare to NRHI and WOLV?
Canickel Mining's Gross Profit of $-0.75 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Metals & Mining company?
A good Gross Profit depends on the Metals & Mining industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Canickel Mining and its competitors. Canickel Mining's current Gross Profit is $-0.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canickel Mining stock overvalued right now?
Canickel Mining (CMLGF) has a current Gross Profit of $-0.75 Mil. The current Gross Profit is $-0.75 Mil. Canickel Mining's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Canickel Mining (CMLGF), the current Gross Profit is $-0.75 Mil as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Canickel Mining Business Description

Address 320 Granville Street, Suite 720, Vancouver, BC, CAN, V6B 0G5
Canickel Mining Ltd is a Canadian resource company focused on the care and maintenance of its owned Bucko Lake Mine and nickel sulphide project located near Wabowden, Manitoba. The company has single reportable segment and is focused on nickel mining and related activities, including exploration and the extraction and processing of nickel-containing ore.
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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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