TinOne Resources (TSXV:TORC) Net Margin % : 0.00% (As of Mar. 2024)

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What is TinOne Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. TinOne Resources's Net Income for the three months ended in Mar. 2024 was C$-0.26 Mil. TinOne Resources's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, TinOne Resources's net margin for the quarter that ended in Mar. 2024 was 0.00%.

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

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

TinOne Resources Net Margin % Historical Data

The historical data trend for TinOne 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.

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TinOne Resources Net Margin % Chart

TinOne Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Net Margin %

TinOne Resources Quarterly Data
	Jun19	Jun20	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of TinOne Resources's Net Margin %

For the Gold subindustry, TinOne 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.

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

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

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

TinOne 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.

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

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-2.79	/	0
	=	%

TinOne Resources's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-0.257	/	0
	=	%

TinOne Resources (TSXV:TORC) 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.

TinOne Resources Net Margin % Related Terms

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TinOne Resources (TSXV:TORC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TinOne Resources Inc (TSXV:TORC) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

TORCF:USA 57Z0:Germany

Address

1090 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6E 3V7

Website

https://www.tinone.ca

TinOne Resources Inc is a mining exploration company. Its mineral exploration activities are focused on underexplored regions in Eastern Australia and New Zealand with an immediate strategy to assemble a portfolio of high-quality gold assets. The company's projects include the Panama Gold Project, Great Pyramid Tin Project, Aberfoyle Tin Project, NSW Tin Projects, and Otago Goldfields Applications.