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Altamira Gold (TSXV:ALTA) Net Margin % : 0.00% (As of Nov. 2023)


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What is Altamira Gold Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Altamira Gold's Net Income for the three months ended in Nov. 2023 was C$-0.28 Mil. Altamira Gold's Revenue for the three months ended in Nov. 2023 was C$0.00 Mil. Therefore, Altamira Gold's net margin for the quarter that ended in Nov. 2023 was 0.00%.

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


TSXV:ALTA's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.04
* Ranked among companies with meaningful Net Margin % only.

Altamira Gold Net Margin % Historical Data

The historical data trend for Altamira 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.

Altamira Gold Net Margin % Chart

Altamira Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net Margin %
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Altamira Gold Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Competitive Comparison of Altamira Gold's Net Margin %

For the Gold subindustry, Altamira 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.


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

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

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



Altamira 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.

Altamira Gold's Net Margin for the fiscal year that ended in Feb. 2023 is calculated as

Net Margin=Net Income (A: Feb. 2023 )/Revenue (A: Feb. 2023 )
=-1.78/0
= %

Altamira Gold's Net Margin for the quarter that ended in Nov. 2023 is calculated as

Net Margin=Net Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=-0.284/0
= %

* 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.


Altamira Gold  (TSXV:ALTA) 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.


Altamira Gold Net Margin % Related Terms

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Altamira Gold (TSXV:ALTA) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Altamira Gold Corp is a junior natural resource company. Principally, it is engaged in the acquisition, exploration, development, and mining of mineral properties. Its project consists of Cajueiro Project, Crepori Project, Apiacas Project, Nova Canaa, Santa Helena and others. The geographical segments of the group are Canada and Brazil.
Executives
Michael Bennett Senior Officer

Altamira Gold (TSXV:ALTA) Headlines

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