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GoGold Resources (STU:GGD) Net Margin % : 2.82% (As of Dec. 2023)


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What is GoGold Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. GoGold Resources's Net Income for the three months ended in Dec. 2023 was €0.18 Mil. GoGold Resources's Revenue for the three months ended in Dec. 2023 was €6.24 Mil. Therefore, GoGold Resources's net margin for the quarter that ended in Dec. 2023 was 2.82%.

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

STU:GGD' s Net Margin % Range Over the Past 10 Years
Min: -207.9   Med: -3.43   Max: 109.1
Current: -17.2


STU:GGD's Net Margin % is ranked worse than
63.49% of 860 companies
in the Metals & Mining industry
Industry Median: -0.02 vs STU:GGD: -17.20

GoGold Resources Net Margin % Historical Data

The historical data trend for GoGold 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.

GoGold Resources Net Margin % Chart

GoGold Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.08 109.10 13.30 1.92 -26.07

GoGold Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -34.10 -43.49 30.68 -75.51 2.82

Competitive Comparison of GoGold Resources's Net Margin %

For the Other Precious Metals & Mining subindustry, GoGold 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.


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

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

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



GoGold 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.

GoGold Resources's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as

Net Margin=Net Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=-7.393/28.354
=-26.07 %

GoGold Resources's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=0.176/6.235
=2.82 %

* 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.


GoGold Resources  (STU:GGD) 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.


GoGold Resources Net Margin % Related Terms

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GoGold Resources (STU:GGD) Business Description

Traded in Other Exchanges
Address
2000 Barrington Street, Suite 1301, Cogswell Tower, Halifax, NS, CAN, B3J 3K1
GoGold Resources Inc is a Canadian-based company engaged in the business of exploration, development, and production of gold, copper and silver. It operates in two segments: Mexico, which accounts for the majority of revenue; and Canada. Its Mexico segment consists of the Parral project and the Los Ricos project and the Corporation's corporate offices as the Canadian segment.

GoGold Resources (STU:GGD) Headlines

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