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Galway Metals Gross Margin %

: 0.00% (As of Jun. 2021)
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Gross Margin % is calculated as gross profit divided by its revenue. Galway Metals's Gross Profit for the three months ended in Jun. 2021 was $-0.00 Mil. Galway Metals's Revenue for the three months ended in Jun. 2021 was $0.00 Mil. Therefore, Galway Metals's Gross Margin % for the quarter that ended in Jun. 2021 was 0.00%.


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



Galway Metals had a gross margin of % for the quarter that ended in Jun. 2021 => No sustainable competitive advantage

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


Galway Metals Gross Margin % Historical Data

The historical data trend for Galway 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.

Galway Metals Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Galway Metals Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Gold subindustry, Galway 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.

   

Galway Metals Gross Margin % Distribution

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

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



Galway Metals Gross Margin % Calculation

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

Galway Metals's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.0023421032086814) / 0
= %

Galway Metals's Gross Margin for the quarter that ended in Jun. 2021 is calculated as


Gross Margin % (Q: Jun. 2021 )=Gross Profit (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.0024549918166939) / 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.


Galway Metals  (OTCPK:GAYMF) 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

Galway Metals had a gross margin of % for the quarter that ended in Jun. 2021 => 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.


Galway Metals Gross Margin % Related Terms

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


Galway Metals Business Description

Galway Metals logo
Industry
Basic Materials » Metals & Mining NAICS : 212221 SIC : 611
Traded in Other Exchanges
Address
82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Galway Metals Inc is an exploration-stage company. It is in the process of exploring for, and delineating resources at the Clarence Stream and Estrades gold projects, located in Canada's jurisdictions of New Brunswick and Quebec, respectively. The company's only operating segment is the acquisition, exploration, and development of mineral resource properties. It explores for gold at Clarence Stream and gold, silver, zinc, copper, and lead at Estrades.
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