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GMINF (G Mining Ventures) Net Margin % : 56.53% (As of Sep. 2024)


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What is G Mining Ventures Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. G Mining Ventures's Net Income for the three months ended in Sep. 2024 was $24.31 Mil. G Mining Ventures's Revenue for the three months ended in Sep. 2024 was $43.00 Mil. Therefore, G Mining Ventures's net margin for the quarter that ended in Sep. 2024 was 56.53%.

The historical rank and industry rank for G Mining Ventures's Net Margin % or its related term are showing as below:

GMINF' s Net Margin % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 30.03
Current: 30.03


GMINF's Net Margin % is ranked better than
92.43% of 859 companies
in the Metals & Mining industry
Industry Median: 0.71 vs GMINF: 30.03

G Mining Ventures Net Margin % Historical Data

The historical data trend for G Mining Ventures'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.

G Mining Ventures Net Margin % Chart

G Mining Ventures Annual Data
Trend Oct18 Oct19 Oct20 Dec22 Dec23
Net Margin %
- - - - -

G Mining Ventures Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % 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 - - - - 56.53

Competitive Comparison of G Mining Ventures's Net Margin %

For the Other Precious Metals & Mining subindustry, G Mining Ventures'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.


G Mining Ventures's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where G Mining Ventures's Net Margin % falls into.



G Mining Ventures 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.

G Mining Ventures's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-7.18/0
= %

G Mining Ventures's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=24.307/42.997
=56.53 %

* 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.


G Mining Ventures  (OTCPK:GMINF) 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.


G Mining Ventures Net Margin % Related Terms

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G Mining Ventures Business Description

Traded in Other Exchanges
Address
5025 Lapiniere Boulevard, Suite 1050, Brossard, QC, CAN, J4Z 0N5
G Mining Ventures Corp is a mineral exploration company engaged in the acquisition, exploration and development of precious metal projects. Its flagship asset, the permitted Tocantinzinho Project, is located in Para State, Brazil. Tocantinzinho is an open-pit gold deposit containing around 2.0 million ounces of reserves at 1.3 g/t. The deposit is open at depth and the underexplored 688km2 land package presents an additional exploration potential. It has one operating segment, the exploration and development of mineral properties.