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Resolute Mining (LSE:RSG) Net Margin % : 6.13% (As of Jun. 2024)


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What is Resolute Mining Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Resolute Mining's Net Income for the six months ended in Jun. 2024 was £16.5 Mil. Resolute Mining's Revenue for the six months ended in Jun. 2024 was £268.4 Mil. Therefore, Resolute Mining's net margin for the quarter that ended in Jun. 2024 was 6.13%.

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

LSE:RSG' s Net Margin % Range Over the Past 10 Years
Min: -109.47   Med: 5.23   Max: 31
Current: 1.99


LSE:RSG's Net Margin % is ranked better than
54.77% of 860 companies
in the Metals & Mining industry
Industry Median: 0.685 vs LSE:RSG: 1.99

Resolute Mining Net Margin % Historical Data

The historical data trend for Resolute Mining'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.

Resolute Mining Net Margin % Chart

Resolute Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.85 2.64 -58.12 -5.23 10.39

Resolute Mining Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -7.65 -2.94 22.41 -2.74 6.13

Competitive Comparison of Resolute Mining's Net Margin %

For the Gold subindustry, Resolute Mining'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.


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

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

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



Resolute Mining 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.

Resolute Mining'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 )
=51.806/498.548
=10.39 %

Resolute Mining's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=16.464/268.421
=6.13 %

* 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.


Resolute Mining  (LSE:RSG) 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.


Resolute Mining Net Margin % Related Terms

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Resolute Mining Business Description

Traded in Other Exchanges
Address
2 The Esplanade, Level 17, Perth, WA, AUS, 6000
Resolute Mining Ltd is an Australia-based gold producer. Its principal activities include gold mining, prospecting, and exploration of minerals. The company organizes its operations into business divisions, namely Mako (Senegal), and Syama (Mali). The firm generates the majority of its revenue from the Syama (Mali) segment. Syama is a robust, long-life asset comprising an underground mine and associated sulfide processing circuit, along with satellite open pit operations that provide ore feed to a separate oxide processing circuit. Mako is a high-quality, open-pit gold mine.