Golden Mile Resources (ASX:G88) Net Margin % : 0.00% (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Golden Mile Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Golden Mile Resources's Net Income for the six months ended in Dec. 2024 was A$-1.06 Mil. Golden Mile Resources's Revenue for the six months ended in Dec. 2024 was A$0.00 Mil. Therefore, Golden Mile Resources's net margin for the quarter that ended in Dec. 2024 was 0.00%.

The historical rank and industry rank for Golden Mile Resources's Net Margin % or its related term are showing as below:

ASX:G88's Net Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 1.575
* Ranked among companies with meaningful Net Margin % only.

Golden Mile Resources Net Margin % Historical Data

The historical data trend for Golden Mile Resources's Net 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.

Golden Mile Resources Net Margin % Chart

Golden Mile Resources Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Net Margin %

Get a 7-Day Free Trial

Golden Mile Resources Semi-Annual Data
	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Net Margin %	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of Golden Mile Resources's Net Margin %

For the Other Industrial Metals & Mining subindustry, Golden Mile Resources's Net Margin %, along with its competitors' market caps and Net 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.

Golden Mile Resources's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Golden Mile Resources's Net Margin % distribution charts can be found below:

* The bar in red indicates where Golden Mile Resources's Net Margin % falls into.

Save Embed

;

Save Embed

;

Golden Mile Resources Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Golden Mile Resources's Net Margin for the fiscal year that ended in Jun. 2024 is calculated as

Net Margin	=	Net Income (A: Jun. 2024 )	/	Revenue (A: Jun. 2024 )
	=	-1.55	/	0
	=	%

Golden Mile Resources's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin	=	Net Income (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	-1.056	/	0
	=	%

Golden Mile Resources (ASX:G88) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Golden Mile Resources Net Margin % Related Terms

Thank you for viewing the detailed overview of Golden Mile Resources's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Mile Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Mile Resources Ltd (ASX:G88) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

96 Elizabeth Street, Suite 324, Level 3, The Block Arcade, Melbourne, VIC, AUS, 3000

Website

https://www.goldenmileresources.com.au

Golden Mile Resources Ltd is an Australian based exploration company that owns several resource tenements in Western Australia and is actively exploring the tenements for gold, nickel and cobalt and related resources. Its projects include Quicksilver Nickel-Cobalt Project, Minara Nickel-Cobalt Project, Ironstone Well Au Project, Murchison Lithium and Gold, Yarrambee Project, Darlot Au Project, Yuinmery Project, Gidgee Polymetallic Project and Leonora East Gold Project. The principal business and geographical segment of the company is Mineral Exploration within Western Australia.

Golden Mile Resources Headlines

No Headlines