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Magna Gold (Magna Gold) Net Margin % : -58.48% (As of Sep. 2022)


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What is Magna Gold Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Magna Gold's Net Income for the three months ended in Sep. 2022 was $-9.18 Mil. Magna Gold's Revenue for the three months ended in Sep. 2022 was $15.70 Mil. Therefore, Magna Gold's net margin for the quarter that ended in Sep. 2022 was -58.48%.

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


MGLQF's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.09
* Ranked among companies with meaningful Net Margin % only.

Magna Gold Net Margin % Historical Data

The historical data trend for Magna Gold'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.

Magna Gold Net Margin % Chart

Magna Gold Annual Data
Trend Mar18 Mar19 Mar20 Dec21
Net Margin %
- - - 5.32

Magna Gold Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 11.55 8.33 -13.82 -44.89 -58.48

Competitive Comparison of Magna Gold's Net Margin %

For the Gold subindustry, Magna Gold'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.


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

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

* The bar in red indicates where Magna Gold's Net Margin % falls into.



Magna Gold 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.

Magna Gold's Net Margin for the fiscal year that ended in Dec. 2021 is calculated as

Net Margin=Net Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=5.244/98.508
=5.32 %

Magna Gold's Net Margin for the quarter that ended in Sep. 2022 is calculated as

Net Margin=Net Income (Q: Sep. 2022 )/Revenue (Q: Sep. 2022 )
=-9.182/15.7
=-58.48 %

* 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.


Magna Gold  (OTCPK:MGLQF) 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.


Magna Gold Net Margin % Related Terms

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Magna Gold (Magna Gold) Business Description

Traded in Other Exchanges
N/A
Address
18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4
Magna Gold Corp is a Canadian gold company engaged in operations, development, exploration, and acquisition in Mexico. Its primary asset is the San Francisco Gold Mine in Sonora, Mexico, and exploration stage projects include San Judas, La Pima, Mercedes, and others. The majority of its revenue comes from sales of Gold.