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Westward Gold (Westward Gold) Net Margin % : 0.00% (As of Dec. 2023)


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What is Westward Gold Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Westward Gold's Net Income for the three months ended in Dec. 2023 was $-0.39 Mil. Westward Gold's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Westward Gold's net margin for the quarter that ended in Dec. 2023 was 0.00%.

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


WGLIF's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: -0.13
* Ranked among companies with meaningful Net Margin % only.

Westward Gold Net Margin % Historical Data

The historical data trend for Westward 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.

Westward Gold Net Margin % Chart

Westward Gold Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
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Westward Gold Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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Competitive Comparison of Westward Gold's Net Margin %

For the Gold subindustry, Westward 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.


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

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

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



Westward 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.

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

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-1.052/0
= %

Westward Gold'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 )
=-0.386/0
= %

* 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.


Westward Gold  (OTCPK:WGLIF) 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.


Westward Gold Net Margin % Related Terms

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Westward Gold (Westward Gold) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Westward Gold Inc is a mineral exploration company focused on developing the Toiyabe and Turquoise Canyon Projects located in the Cortez Hills area of Lander County, Nevada. It is also advancing the Mulloy Project in Northern Ontario.

Westward Gold (Westward Gold) Headlines

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