GRMC (Goldrich Mining Co) Net Income (Continuing Operations): $-1.09 Mil (TTM As of Sep. 2023)

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What is Goldrich Mining Co Net Income (Continuing Operations)?

Goldrich Mining Co GRMC Net Income (Continuing Operations) is $-1.09 Mil as of Sep. 2023.

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Goldrich Mining Co's Net Income (Continuing Operations) for the three months ended in Sep. 2023 was $-0.37 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.09 Mil.

Goldrich Mining Co  (OTCPK:GRMC) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Goldrich Mining Co Net Income (Continuing Operations) Related Terms

Goldrich Mining Co Net Income (Continuing Operations) Historical Data

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The historical data trend for Goldrich Mining Co's Net Income (Continuing Operations) 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.

Goldrich Mining Co Net Income (Continuing Operations) Chart

Goldrich Mining Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income (Continuing Operations)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.78 -2.60 -2.17 -1.76 -1.06

Goldrich Mining Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Income (Continuing Operations) 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 -0.33 0.09 -0.42 -0.39 -0.37

Goldrich Mining Co Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.09 Mil.

* 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.

What does a Net Income (Continuing Operations) of $-1.09 Mil mean?
Goldrich Mining Co (GRMC) has a Net Income (Continuing Operations) of $-1.09 Mil as of Sep. 2023. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Goldrich Mining Co and its competitors.
Is Goldrich Mining Co's Net Income (Continuing Operations) too high?
Goldrich Mining Co's current Net Income (Continuing Operations) is $-1.09 Mil.
How does Goldrich Mining Co's Net Income (Continuing Operations) compare to PGOL and MAGE?
Goldrich Mining Co's Net Income (Continuing Operations) of $-1.09 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 Net Income (Continuing Operations) for a Metals & Mining company?
A good Net Income (Continuing Operations) depends on the Metals & Mining industry context. However, Net Income (Continuing Operations) 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 Net Income (Continuing Operations) mean?
A high Net Income (Continuing Operations) can signal that a stock is expensive relative to its fundamentals. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Goldrich Mining Co and its competitors. Goldrich Mining Co's current Net Income (Continuing Operations) is $-1.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldrich Mining Co stock overvalued right now?
Goldrich Mining Co (GRMC) has a current Net Income (Continuing Operations) of $-1.09 Mil. The current Net Income (Continuing Operations) is $-1.09 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income (Continuing Operations) calculated?
Net Income (Continuing Operations) is calculated from a company's financial statements. For Goldrich Mining Co (GRMC), the current Net Income (Continuing Operations) is $-1.09 Mil as of Sep. 2023. 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.

Goldrich Mining Co Business Description

Address 2525 East 29th Avenue, Suite 10B-160, Spokane, WA, USA, 99223-4942
Goldrich Mining Co is a gold exploration and development company, which is engaged in the acquisition and exploration of mineral properties. The group explores gold and focuses on Chandalar property covering approximately 22,858 acres located to the north of Fairbanks, Alaska. The Chandalar is located in north-central Alaska, which is considered a tier-one jurisdiction world wide and host to multiple world-class gold mines and deposits, including the Fort Knox mine, Donlin Creek deposit, and Pebble deposit. Goldrich geographically operates through the region of Alaska, U.S, and derives the majority of its revenue from the sale of gold.