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Element79 Gold (XCNQ:ELEM) Net Margin % : 0.00% (As of May. 2024)


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What is Element79 Gold Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Element79 Gold's Net Income for the three months ended in May. 2024 was C$-3.55 Mil. Element79 Gold's Revenue for the three months ended in May. 2024 was C$0.00 Mil. Therefore, Element79 Gold's net margin for the quarter that ended in May. 2024 was 0.00%.

The historical rank and industry rank for Element79 Gold's Net Margin % or its related term are showing as below:


XCNQ:ELEM's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.71
* Ranked among companies with meaningful Net Margin % only.

Element79 Gold Net Margin % Historical Data

The historical data trend for Element79 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.

Element79 Gold Net Margin % Chart

Element79 Gold Annual Data
Trend Aug20 Aug21 Aug22 Aug23
Net Margin %
- - - -

Element79 Gold Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 - - - - -

Competitive Comparison of Element79 Gold's Net Margin %

For the Gold subindustry, Element79 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.


Element79 Gold's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Element79 Gold's Net Margin % distribution charts can be found below:

* The bar in red indicates where Element79 Gold's Net Margin % falls into.



Element79 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.

Element79 Gold's Net Margin for the fiscal year that ended in Aug. 2023 is calculated as

Net Margin=Net Income (A: Aug. 2023 )/Revenue (A: Aug. 2023 )
=-12.294/0
= %

Element79 Gold's Net Margin for the quarter that ended in May. 2024 is calculated as

Net Margin=Net Income (Q: May. 2024 )/Revenue (Q: May. 2024 )
=-3.553/0
= %

* 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.


Element79 Gold  (XCNQ:ELEM) 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.


Element79 Gold Net Margin % Related Terms

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Element79 Gold Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Element79 Gold Corp is a North American-based mineral exploration stage company engaged in the acquisition, exploration and development of mineral properties.
Executives
James Christopher Tworek Senior Officer
Heidi Gutte Senior Officer
Konstantin Lichtenwald Director
Julie Hajduk Director

Element79 Gold Headlines

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