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ONGold Resources (TSXV:ONAU) Net Margin % : 0.00% (As of Sep. 2024)


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What is ONGold Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. ONGold Resources's Net Income for the three months ended in Sep. 2024 was C$-0.94 Mil. ONGold Resources's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Therefore, ONGold Resources's net margin for the quarter that ended in Sep. 2024 was 0.00%.

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


TSXV:ONAU's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 1.57
* Ranked among companies with meaningful Net Margin % only.

ONGold Resources Net Margin % Historical Data

The historical data trend for ONGold 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.

ONGold Resources Net Margin % Chart

ONGold Resources Annual Data
Trend Dec22 Dec23
Net Margin %
- -

ONGold Resources Quarterly Data
Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial - - - - -

Competitive Comparison of ONGold Resources's Net Margin %

For the Gold subindustry, ONGold 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.


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

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

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


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ONGold 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.

ONGold Resources'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 )
=-0.149/0
= %

ONGold Resources'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 )
=-0.936/0
= %

* 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.


ONGold Resources  (TSXV:ONAU) 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.


ONGold Resources Net Margin % Related Terms

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ONGold Resources Business Description

Traded in Other Exchanges
Address
1410-120 Adelaide St. W, Toronto, ON, CAN, M5H 1T1
ONGold Resources Ltd is a mining company. Its project include TPK Property.

ONGold Resources Headlines

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