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Western Gold Exploration (TSXV:WGLD) Net Margin % : 0.00% (As of Sep. 2024)


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What is Western Gold Exploration Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Western Gold Exploration's Net Income for the three months ended in Sep. 2024 was C$-0.66 Mil. Western Gold Exploration's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Therefore, Western Gold Exploration's net margin for the quarter that ended in Sep. 2024 was 0.00%.

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


TSXV:WGLD's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.7
* Ranked among companies with meaningful Net Margin % only.

Western Gold Exploration Net Margin % Historical Data

The historical data trend for Western Gold Exploration'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.

Western Gold Exploration Net Margin % Chart

Western Gold Exploration Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
- - - - -

Western Gold Exploration Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of Western Gold Exploration's Net Margin %

For the Gold subindustry, Western Gold Exploration'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.


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

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

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



Western Gold Exploration 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.

Western Gold Exploration'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 )
=-1.699/0
= %

Western Gold Exploration'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 )
=-0.663/0
= %

* 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.


Western Gold Exploration  (TSXV:WGLD) 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.


Western Gold Exploration Net Margin % Related Terms

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Western Gold Exploration Business Description

Traded in Other Exchanges
N/A
Address
421 - 7th Avenue SW, Suite 1600, Calgary, AB, CAN, T2P 4K9
Western Gold Exploration Ltd is a mineral exploration company. The company is engaged in the exploration and development of its prospective mineral properties located in Argyll County in western Scotland. The company focuses on Gold and copper exploration and development.
Executives
Ross Mclellan Director, Senior Officer

Western Gold Exploration Headlines